Source disclosure: March 04, 2026, 09:00 JST
Published by Pulse News Wire: March 04, 2026, 09:31 JST
Toyo Tire Corporation [5105.T]
TOKYO, Mar 04 (Pulse News Wire) – Toyo Tire Corporation (5105.T) unveiled its new mid-term business plan “Midterm ’26” covering fiscal years 2026 through 2030. The plan targets an operating profit of ¥1,200 billion and a return on equity (ROE) of more than 13%.
Key strategies include enhancing technology capabilities, regional growth initiatives, and strengthening the company’s foundation through digital transformation and human capital management. Under the new strategy, Toyo Tire aims to achieve a sustainable high-profit level while maintaining robust revenue structures. The company plans to invest ¥3,400 billion strategically over five years, focusing on research and development to develop proprietary technologies.
Additionally, Toyo Tire intends to implement a progressive dividend policy, targeting a shareholder dividend payout ratio of 4.5%. Looking ahead, Toyo Tire expects continued demand expansion in the U.S. and Europe, particularly in the SUV segment.
However, the company also anticipates risks such as intensified technological competition and potential changes in consumer behavior due to population decline in certain regions.
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