Editorial Policy

In editing this report, we take into consideration the expectations of an interest in the Toyo Tires Group and the opinions on information deemed necessary obtained through engagement opportunities with stakeholders related to corporate activities, such as employees, shareholders, institutional investors, local communities, and NGOs. Furthermore, we strive to maintain and improve the quality of reports, taking into consideration the completeness, accuracy, balance, clarity, comparability, reliability, and timeliness of reported information so that stakeholders can correctly evaluate the Group’s corporate activities.

When confirming the content and quality of this report, some of the GRI Standards, established by the Global Reporting Initiative and published in 2016, were used as reference. This report addresses activity performance for each of the seven CSR priority themes of the Group to answer questions regarding what impact the Group’s corporate activities are having now and will have in the future on the economy, environment, and society.

Items that could have a substantial impact on the evaluation and decision making of stakeholders, such as the Group’s mission, business strategy, and matters that stakeholders have directly expressed concerns about, have been positioned as material aspects (materiality) and are reported on as Topics.

The Group reports on its CSR activities in both Japanese and English, and these reports are available as a website version and pamphlet version* (PDF version). The two versions should be used together as the pamphlet version (PDF version) provides a summary of activities while the website version provides their details.

  • * The pamphlet version is Japanese only.

Topic Boundaries

As a general rule, this report covers the company and group companies (all entities include in consolidated financial statements) taking into consideration factors including the organization’s activities, their impact, and substantial expectations and interest of stakeholders. Scopes are noted individually for items for which the scope of the report differs. Although the Group transferred its Rigid Polyurethane Foam Business and part of its Chemical Industrial Products Business at the end of December 2017, some of the data in this report includes results from business sites that were transferred.
In addition, TOYO TYRE AND RUBBER AUSTRALIA LTD. stopped producing automotive parts in early October 2017. Although the company still exists as a tire sales company, this report addresses activity results for fiscal 2017 for the company as a production facility.

Information may differ from that previously announced as changes have been made to the scope of some of the data collected and conversion factors used in compiling process.

Entities being included in consolidated financial statements: 44 companies (as of the end of July 2018)

Domestic: TOYO TIRE & RUBBER CO., LTD., Fukushima Rubber Co., Ltd., Toyo Soflan Co., Ltd., Ayabe Toyo Rubber Co., Ltd., Toyo Tires Logistics Co., Ltd., Toyo Tire Japan Co., Ltd., Nitto Japan Co., Ltd., Toyo Chemical Industrial Products Co., Ltd., Showa Estate Co., Ltd., Orient Machinery Co., Ltd., F.T.G Co., Ltd., Sendai Service Co., Ltd., Kuwana Service Co., Ltd., F.C.C Co., Ltd.,
Oversea: TOYO TIRE HOLDINGS OF AMERICAS INC.,TOYO TIRE U.S.A. CORP.,NITTO TIRE U.S.A. INC.,TOYO TIRE NORTH AMERICA OE SALES LLC,TOYO TIRE NORTH AMERICA MANUFACTURING INC.,TOYO TIRE MEXICO LLC,TOYO AUTOMOTIVE PARTS (USA), INC.,TMM (USA), INC.,TOYO TIRE CANADA INC.,NITTO TIRE CANADA INC.,NT MEXICO S. DE R.L. DE C.V.,TOYO AUTOMOTIVE PARTS DE MEXICO, S.A. DE C.V.,TOYO TIRE EUROPE GMBH,TOYO TIRE DEUTSCHLAND GMBH,TOYO TYRE (UK) LTD.,TOYO TIRE BENELUX B.V.,TOYO TIRE ITALIA S.P.A,TOYO TIRE RUS LLC,TOYO TYRE AND RUBBER AUSTRALIA LTD.,SILVERSTONE BERHAD,SILVERSTONE MARKETING SDN BHD,SILVERSTONE PLOYMER INDUSTRIES SDN BHD,TOYO TYRE MALAYSIA SDN BHD,TOYO TYRE SALES AND MARKETING MALAYSIA SDN BHD,TOYO RUBBER CHEMICAL PRODUCTS (THAILAND) LIMITED,TOYO TIRE (THAILAND) CO., LTD., TOYO TIRE (SHANGHAI) CO.,LTD., TOYO AUTOMOTIVE PARTS (GUANGZHOU) CO., LTD., TOYO TIRE ZHANGJIAGANG CO., LTD., TOYO TIRE (ZHUCHENG) CO., LTD.

  • * Companies excluded from the scope of consolidation as of December 31, 2017 due to the transfer of the business: 4 companies
    TOYO RUBBER CHEMICAL & INDUSTRIALPRODUCTS (HK) LTD., WUXI TOYO-MEIFENG RUBBER PRODUCTS CO., LTD., Soflan Wiz Co., Ltd., TOYO SOFLAN WIZ (THAILAND) CO., LTD.
  • * Companies excluded from the scope of consolidation as of December 31, 2017 because they were a successor company established when a business was transferred, and the transfer was completed: 2 companies
    NITTA Chemical Industrial Products Co., Ltd., NITTA CHEMICAL PRODUCTS (THAILAND) LTD.

Reporting period

From January 2017 to December 2017

  • * More recent information (up to June 2018) is included in some parts of the report.

Reporting Cycle

Once a year

  • * Previous Publish: October 2017

Contact point for questions regarding the report

TOYO TIRE & RUBBER CO., LTD. General Affairs Dept., Administration Division

ACTION FOR CSR