Message from the President
To our fellow stakeholders,
The Yokohama Tire Philippines, Inc. has marked a major milestone in 2016, celebrating 20 years of global excellence and performance, delivering quality tires across the globe. Several factors have affected the productivity of our operations and challenge us from achieving our targets in the past years. But management has done a great job growing our company into one of the exceptional plants of Yokohama Rubber Company.
YTPI performed beyond expectations reaching a profit of $5.3M for the year.
To keep up with international standards on Quality, Occupational Health and Safety and Environment, we continuously adhere to client assessment and external audits and carry out various programs to elevate awareness of each employee.
In terms of Corporate Social Responsibility (CSR), we continue to conduct programs on our identified focus areas: environment, health and education. We have also started on a livelihood program last year in partnership with Department of Social Welfare and Development and the local government of Bamban, Tarlac. This and all is a consistent effort we take on every year as a way of giving back to our community.
Let me take this opportunity to sincerely thank the management team and all of our employees whose hard work over the past years made us a company others want to be part of. We would also like to extend our appreciation to our customers, business partners, suppliers, bankers, and the communities where we operate for the strong partnership and support that they continue to share with us.
I am confident that with the remarkable amount of effort each of us has shared in the past year and will remain to do so in the next years, YTPI will continue to grow, achieve its target and even exceed expectations. Let us always keep our vision flourishing: to be the number 1 plant of YRC.
We look forward to another productive year with you.
President and CEO