Toyo reorganising, changing name in 2019

Hyogo, Japan – Toyo Tire & Rubber Co. Ltd is set to launch a major reorganisation and management reshuffle in 2019.

To complement the restructuring, the company will relaunch as Toyo Tire Corp, effective on 1 Jan 2019, Toyo said 6 Dec.

The reorganisation will focus on the reinforcement of the headquarters function and strengthen the company’s technological capabilities.

The new organisation layout will include a corporate HQ, a business HQ, an R&D HQ, a production HQ as well as a sales HQ.

Additionally, the company’s 'fundamental production engineering headquarters' will be dissolved. The production engineering division, operating under the this division will be transferred to production HQ.

As part of the rejig, Toyo will dissolve its “business strategy division” and create a new supply-chain management (SCM) division within its business headquarters.

In terms of R&D, the company will dissolve its “R&D Division No. 1” and “R&D Division No. 2” and will create three divisions of advanced process development, technology development, and product development.

Also, a ‘new production method development department’ will be established under the advanced process development division.