Nexen's Japan sales office are (from left) Travis Kang, CEO of Nexen Tire, Daisuke Kudo vice president of Nexen Tire Japan Inc.; Ryu Nishimura, CEO of Nexen Tire Japan; and Ichiro Kashitani, automotive division

Nexen, Toyota Tsusho establish sales JV

Tokyo – Nexen Tire Corp. has established a sales subsidiary in Japan to handle its growing replacement tire business there, and to reinforce its OE supply relationships with Japanese automobile manufacturers.

The company, Nexen Tire Japan Inc., is a 51/49 joint venture with Toyota Tsusho Corp., the trading arm of Japan’s Toyota Group that is involved mainly in exporting cars and automotive parts.

The two companies began discussing a cooperation in June 2015, Nexen said, and those talks progressed into signing of the…

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