
Nexen Tire owns 1 brand in our database. Browse the complete portfolio of Nexen Tire subsidiaries and brands across various industries.
Company Type
public
Headquarters
Seoul, South Korea
Brand Portfolio
1 brands
Stock
Korea Exchange: 30064
Nexen Tire is one of South Korea's largest tire manufacturers and a significant player in the global tire industry. The company specializes in producing high-quality tires for various vehicle types and driving conditions, serving both original equipment manufacturers and replacement tire markets.
In 2025, Nexen Tire achieved remarkable financial results with $2.1 billion in sales, reflecting ongoing top-line growth despite an uncertain market environment. The company also generated $117 million in operating profit, demonstrating strong profitability and operational efficiency. Sales growth was mainly attributable to the second phase of the company's European plant expansion, reflecting Nexen's efforts to expand sales even with increasing business uncertainty due to factors such as the impact of U.S. tariffs.
In the original equipment segment, Nexen Tire maintained strong growth by supplying a diversified product lineup for both electric vehicles and internal combustion engine vehicles to more than 30 global automakers. In the replacement segment, the company achieved steady growth through region-specific product strategies. U.S. tariffs had a limited impact on profitability, as Nexen minimized their effects by diversifying distribution channels for each region and selling more large-inch tires to improve product mix. Efforts to improve cost efficiency, along with stabilization of raw material prices and ocean freight rates, also buoyed profitability.
For 2026, Nexen Tire plans to proactively respond to trade uncertainties while focusing on strengthening sales capabilities and achieving quality growth. The company will carry out sales-focused marketing activities to increase brand visibility and strengthen cooperation with customers, and will enhance replacement sales capabilities by building on the brand value of its premium OE products. Nexen will pursue quality growth by improving product and distribution mix, with efforts to drive product innovation through development that combines artificial intelligence and virtual technologies and to meet regional demand by supplying new products in a timely manner. The company will strengthen downstream distribution and develop strategic customer relationships in key markets to further enhance its sales foundation. CEO John Bosco (Hyeon Suk) Kim stated that despite growing uncertainty in the global trade environment, the company achieved a meaningful milestone and will continue to pursue both volume and quality growth by strengthening product and distribution competitiveness in global markets.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Kumho | South Korea | 1960 | Mass Market | Asia Pacific | All Genders | |
| Toyo Tire | Japan | 1945 | Mass Market | Asia Pacific | All Genders |

Owned by Kumho Tire
South Korean brand of automotive tires for passenger vehicles, commercial vehicles, and specialty applications, owned by Kumho Tire.

Owned by Toyo Tire Corporation
Japanese brand of automotive tires for passenger vehicles, commercial vehicles, and specialty applications, owned by Toyo Tire Corporation.
Market Positioning: Nexen Tire competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Nexen Tire maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Nexen Tireprovides valuable insights into market dynamics, product relationships, and corporate strategy.
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