Yokohama Tire Corporation SWOT Analysis, Competitors & USP

Posted in Automobiles, Total Reads: 5747

SWOT analysis of Yokohama Tire Corporation analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Yokohama Tire Corporation SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Yokohama Tire Corporation to benchmark its business & performance as compared to the competitors and industry. Yokohama Tire Corporation is one of the leading brands in the automobiles sector. The table below also lists the top Yokohama Tire Corporation competitors and elaborates Yokohama Tire Corporation market segmentation, target group, positioning & Unique Selling Proposition (USP).

Yokohama Tire Corporation SWOT, Competitors, Marketing STP & Brand analysis Table
Yokohama Tire Corporation Brand Analysis
Parent Company

Yokohama

Category

Tyre Industry

Sector

Automobiles

Tagline/ Slogan

Now You’ve got control; Pioneering technology is a part of our game plan

USP

Equipping vehicles with advanced tire technology enhancing dynamic vehicle control for the maximum in active safety, speed and performance.

Yokohama Tire Corporation STP
Segment

Automobile industry, motorsports, merchandise,

Target Group

Family cars, luxury cars, SUVs, racing cars and bikes.

Positioning

Superlative tyre performance, ever innovating R&D  and most eco-friendly in terms of initiatives taken to reduce, reuse and recycle raw materials.

Yokohama Tire Corporation SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Yokohama Tire Corporation. Strengths are:

1. It’s an international Japanese brand with manufacturing worldwide, they have a very strong product portfolio
2. They have strategic agreements and have taken good business initiatives to expand their business
3. They have strong R&D facility which has achieved a number of milestones in using natural and renewable sources for raw materials.
4. They are an ISO 9001 & ISO 14001 company and have excellent initiatives to be perceived as eco-friendly company with an aim to reduce, reuse, and recycle.

5. They have pioneered in orange oil technology with an aim to increase the proportion of non-petroleum materials to 80% or even more.

6. Company merchandise being used as a way to brand.

Weaknesses

Here are the weaknesses in the Yokohama Tire Corporation SWOT Analysis:

1. Market share not growing with more stiff competition.
2.Less global penetration as compared to other brands

Opportunities

Following are the Opportunities in Yokohama Tire Corporation SWOT Analysis:

1. They have growth opportunity in emerging economies like India, China, Brazil etc.
2. Their successful branding as the most Eco-friendly tire company may take them a long way.
3. Opportunity to diversify more strategically to mitigate the risk of putting all the eggs in one basket and advertising that also.

Threats

The threats in the SWOT Analysis of Yokohama Tire Corporation are as mentioned:

1.There is Stiff Competition from national and international brands.

2. Japanese economy is not growing and has reached a maturity phase
3.Government Policies w.r.t export duties, import duties, tax levied on automobile industries and economic condition of nation as it determines the sale of automobiles.

4. Introduction of other transport facilities like metro, monorails and local trains keeping pollution hazards caused by combustion of automobile fuels.
5. Volatility of raw material prices

6. fluctuation of exchange rates

Yokohama Tire Corporation Competition
Competitors

Below are the top 7 Yokohama Tire Corporation competitors:

1. Goodyear
2. Sumitomo
3.Cooper Tyres

4. Michelin

5. Bridgestone

6. Pirelli

7. Continental

The brandguide table above concludes the Yokohama Tire Corporation SWOT analysis along with its marketing and brand parameters.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Yokohama Tire Corporation. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.

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