Toyo Tire Corporation

Tokyo Stock Exchange 5105.T

Toyo Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2023: 19.33%

Toyo Tire Corporation Return on Capital Employed (ROCE) is 19.33% for the year ending December 31, 2023, a 78.97% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Toyo Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 10.80%, a -19.45% change year over year.
Toyo Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 13.41%, a 158.90% change year over year.
Toyo Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 5.18%, a -51.69% change year over year.
Toyo Tire Corporation Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 10.72%, a 60.74% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

Tokyo Stock Exchange: 5105.T

Toyo Tire Corporation

CEO	Mr. Takashi Shimizu
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	2-2-13 Fujinoki
Employees	10,395
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles Composite Materials Leisure Motorcycles

Description

Toyo Tire Corporation manufactures and sells tires in Japan and internationally. The company provides tires for passenger vehicles, SUVs and pickup trucks, and trucks and buses under the Toyo Tires and Nitto. It also offers automotive parts including engine and motor mounts, suspension parts, and Constant velocity universal joint (CVJ) boots. The company was formerly known as Toyo Tire & Rubber Co., Ltd. and changed its name to Toyo Tire Corporation in January 2019. Toyo Tire Corporation was incorporated in 1943 and is headquartered in Itami, Japan.

Key trends

Past 5 years