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MarketScreener Homepage  >  Equities  >  Tokyo  >  Yokohama Rubber Co Ltd    5101   JP3955800002

YOKOHAMA RUBBER CO LTD

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Yokohama Rubber : Tire's Mobile Tire Specs App for Dealers Wins iF Design Award

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03/20/2019 | 11:40am EDT

The new Yokohama Tire specs app has received a prestigious 2019 iF Design award.

The app, which won in the iF Design's service design category, is a mobile experience that enables and empowers consumer, commercial and OTR dealers to demo and showcase Yokohama products to customers based on their individual needs.

According to Andrew Briggs, Yokohama's vice president of marketing and product management, the award-winning app 'provides a digital experience platform that allows real-time information on all of Yokohama's products. Dealers can search by product or tire size and create customized product literature that can be shared with their customers based on their criteria. This enables a high level of engagement from the customers and dealer alike.'

The iF Design award is one of the world's most influential design recognitions. It's given to organizations that demonstrate a commitment to design and outstanding service. Yokohama earned its award for 'developing service innovations suitable for real-life application by designing entire service processes in a customer-centric way.' The criteria included:

Degree of innovation and elaboration,

Functionality, value and usability,

Aesthetic and emotional appeal

Social responsibility and production efficiency

Positioning in terms of brand fit and target fit group

The app was designed by Brillio, a leading global digital consulting and technology services company. 'The goal in designing the Yokohama Tire Spec app was to create a compelling digital experience for Yokohama's distributors and dealers,' said Briggs, 'and they succeeded far beyond our expectations. The feedback on the app has been overwhelmingly positive.'

About Yokohama Tire Corporation

Celebrating its 50th year in the U.S., Yokohama Tire Corporation is the North American manufacturing and marketing arm of Tokyo, Japan-based The Yokohama Rubber Co., Ltd., a global manufacturing and sales company of premium tires since 1917. Servicing an extensive sales network throughout the U.S., Yokohama Tire Corporation is a leader in technology and innovation. The company's complete product line includes tires for high-performance, light truck, passenger car, commercial truck and bus, and off-the-road mining and construction applications. For more information on Yokohama's broad product line, visit www.yokohamatire.com, www.yokohamatruck.com or www.yokohamaotr.com.

Connect with Yokohama Tire Corporation:

www.facebook.com/yokohamatire

www.twitter.com/yokohamatc

www.youtube.com/user/yokohamamotorsports

www.instagram.com/yokohamatire

Yokohama is a strong supporter of the tire care and safety guidelines established by the U.S. Tire Manufacturers Association and the National Highway Transportation and Safety Administration. Details can be found at the 'Tire Care & Safety' section at www.yokohamatire.com.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (JPY)
Sales 2019 662 B
EBIT 2019 65 000 M
Net income 2019 41 517 M
Debt 2019 211 B
Yield 2019 3,10%
P/E ratio 2019 7,95
P/E ratio 2020 7,55
EV / Sales 2019 0,85x
EV / Sales 2020 0,79x
Capitalization 349 B
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Number of Analysts 7
Average target price 2 640  JPY
Spread / Average Target 28%
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Managers
NameTitle
Masataka Yamaishi President & Representative Director
Tadanobu Nagumo Chairman
Hikomitsu Noji Vice Chairman
Shigeo Komatsu Director & General Manager-Business Administration
Hideichi Okada Independent Outside Director
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