Financial Summary for the Fiscal Year Ending December 2025 [IFRS] (Consolidated)

Overview of Performance

Consolidated results for the fiscal year ending December 2025 recorded revenue of JPY 1,234,959 million (up 12.8% YoY), segment profit of JPY 166,577 million (up 24.0% YoY), operating income of JPY 152,910 million (up 28.3% YoY), and net income attributable to owners of parent of JPY 105,398 million (up 40.7% YoY), achieving five consecutive periods of revenue and profit growth and record-high results. The Tire segment accounted for approximately 90.8% of consolidated revenue, supported by increased sales of tires for new vehicles and expanded sales of high value-added products. The MB segment is also improving profitability.

Dividends and Outlook

An annual dividend of JPY 134 per share (interim dividend of JPY 48, year-end dividend of JPY 86) is planned for the fiscal year ending December 2025. For the fiscal year ending December 2026, an annual dividend of JPY 172 per share (interim dividend of JPY 62, year-end dividend of JPY 110) is expected. Earnings guidance for fiscal year 2026 forecasts revenue of JPY 1,300,000 million (up 5.3% YoY), operating income of JPY 173,000 million (up 13.1% YoY), and net income attributable to owners of parent of JPY 90,000 million (down 14.6% YoY). Assumed exchange rates are 1 USD = 145 JPY and 1 EUR = 171 JPY.