Medium-Term Business Plan

TOYO TIRE announced its new medium-term business plan, the “Mid-Term ’26 Plan” (FY2026–FY2030), on March 4, 2026.

Previous Medium-Term Business Plan Materials

INDEX

• 01 Mid-Term Plan Transition: ’21 to ’26
• 02 Growth Strategies
• 03 Strengthening Management Platforms
• 04 Contribution to Stakeholders, Society, and Shareholders

• 01 Mid-Term Plan Transition: ’21 to ’26
• 02 Growth Strategies
• 03 Strengthening Management Platforms
• 04 Contribution to Stakeholders, Society, and Shareholders

Performance Targets / Indicators

Profitability Assumed exchange rates: 145 yen/$, 170 yen/€	Operating income	120.0 billion yen
	Operating margin	18% or higher
Capital Efficiency	ROE	13% or higher
	ROIC	10% or higher
Shareholder Return	Dividend on equity ratio	4.5%
	Dividend payout ratio	30% or higher
	Total share buybacks	100.0 billion yen

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