16 Feb 2026
Higher sales, lower fixed costs drive earnings despite materials, currency and trade headwinds
Tokyo – Toyo Tires Corp. has reported record results for the year 2025 with Tires segment registering growth both in sales and earnings.
Net sales grew 5.2% year-over-year to Yen595 billion (€3.3 billion), while operating income hit a record high of Yen97.4 billion, up 3.6% year-over-year, Toyo reported 13 Feb.
Earnings improvement was primarily linked to strong sales and lower production costs, offset partially by materials, currency, freight and trade headwinds.
Tires division saw sales increase 5.4% year-on-year to Yen519 billion, while operating income stood at Yen95.5 billion, up 3.7% compared to 2024, Toyo said.
Automotive parts recorded 3.7% higher sales of Yen47 billion, while operating income fell 3.1% year-on-year to Yen1.82 billion.
Breaking down regional performance, Toyo said both Japan and North America reported higher year-on-year sales with Japan up 4.3% at Yen122 billion, and North America up 8.3% at Yen404 billion.
Operating income in Japan grew 6% year-on-year to Yen64 billion, while the North America operations saw a strong 17.8% decline in operating income to Yen18 billion.
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