All Brands Owned by Toyo Tire Corporation

Is Toyo Tire publicly traded?
Yes, Toyo Tire Corporation is publicly traded on the Tokyo Stock Exchange under the ticker 5105. The company has been publicly traded for many years. Its shares are widely held by institutional investors, with no single controlling shareholder. The company is a member of the Toyota Group keiretsu but operates independently.

Who owns Toyo Tire Corporation?
Toyo Tire Corporation is owned by its shareholders, including Japanese trust banks, investment trusts, foreign institutional investors, and individual investors. Toyota Motor Corporation and Toyota Industries hold small stakes as part of the Toyota Group keiretsu relationship, but no shareholder has controlling ownership. The company operates independently with its own management team led by CEO Takashi Shimizu.

What brands does Toyo Tire own?
Toyo Tire manufactures tires under three brands: Toyo (mid-premium tires sold globally), Nitto (premium tires focused on the North American truck, SUV, and performance car market), and Silverstone (value tires sold in Southeast Asian markets). The Nitto brand, with its Grappler line of truck tires, is particularly successful in the North American aftermarket.

What is Toyo Tire's revenue?
Toyo Tire reported FY2024 revenue of approximately JPY 560 billion (approximately $3.7 billion). The Tire Business accounts for approximately 90% of total revenue, with the Automotive Parts Business contributing the remaining 10%. Revenue has grown steadily, driven by Nitto brand expansion in North America and the Serbia plant ramp-up for the European market.

Where are Toyo tires manufactured?
Toyo Tire manufactures tires at facilities in Japan, the United States (Bartow County and White, Georgia), China, Thailand, Malaysia, and Serbia. The Serbia plant, which opened in 2022, reached full production capacity in 2025. This global manufacturing network allows the company to serve regional markets with locally produced tires.

When was Toyo Tire founded?
Toyo Tire was founded in 1945 as Toyo Tire & Rubber Company in Osaka, Japan. The company was established in the aftermath of World War II to manufacture tires and rubber products. It celebrated its 80th anniversary in 2025. The company changed its name to Toyo Tire Corporation in 2019.

Who is the CEO of Toyo Tire?
Takashi Shimizu serves as President and CEO of Toyo Tire Corporation. Under his leadership, the company has focused on expanding its global manufacturing footprint, growing the Nitto brand in North America, and investing in next-generation tire manufacturing technology.

What is the Nitto brand?
Nitto is a premium tire brand owned by Toyo Tire Corporation, focused primarily on the North American market. Nitto was established as a separate brand in 1999 and is known for its Grappler line of light truck tires (Ridge Grappler, Trail Grappler, Mud Grappler) and its high-performance tires for sports cars. Nitto has a strong and loyal following among truck, SUV, and off-road enthusiasts.