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Yokohama Tire Philippines Inc (Philippines)

Main Activities: Tire Manufacturing (except Retreading)
Full name: Yokohama Tire Philippines Inc Profile Updated: February 03, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Yokohama Tire Philippines Inc. (YTPI) is a tire manufacturing company based in the Clark Freeport Zone in Pampanga, and forms part of the global operations of The Yokohama Rubber Co., Ltd. of Japan. Established in 1996, YTPI operates a large-scale, export-oriented production facility that manufactures Yokohama-branded radial tires for passenger cars and sport utility vehicles, supplying both global and regional markets as well as the domestic Philippine market. The plant utilizes modern tire manufacturing technologies and quality control systems aligned with Yokohama's global standards, and has been undergoing capacity expansion projects aimed at raising annual output to around 10 million tires, reinforcing its role as a key production hub in the group's network. YTPI's manufacturing operations include compounding, tire building, curing, and inspection processes designed to deliver high-performance, durable, and increasingly environmentally conscious tire products for original equipment manufacturers and replacement markets. The company's geographic reach is predominantly international, with the majority of production exported to markets in Asia, North America, and other regions, while a separate entity, Yokohama Tire Sales Philippines, Inc., handles distribution of the full tire range across Luzon, Visayas, and Mindanao through an extensive dealer network. Strategically, YTPI contributes to Yokohama's global supply stability and competitiveness by providing cost-effective, high-quality manufacturing capacity in the Philippines, while the Clark facility's expansions reflect the group's long-term commitment to the market, local employment, and sustainability initiatives including energy efficiency and environmental management in manufacturing operations.

Legal Address
IE5 Clark Freeport Zone
Angeles; Pampanga; Postal Code: 2023

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
April 30, 1996
Key Executives
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Director
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Director
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Corporate Secretary
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Contact Person
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VP, Engineering & Maintenance Dept.
Ownership Details
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100%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
2.02%
Total operating revenue
1.76%
Operating profit (EBIT)
26.21%
EBITDA
26.21%
Net Profit (Loss) for the Period
40.02%
Total Assets
9.2%
Total Equity
8.23%
Operating Profit Margin (ROS)
1.38%
Net Profit Margin
1.78%
Return on Equity (ROE)
2.01%
Debt/Equity
-0.2%
Quick Ratio
0.96%
Cash Ratio
0.85%

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