【Toyo Tire & Rubber】Financial Results for March 2026 | Sales of 378.5 billion yen, up 1.4%

Overview of Business Performance

Toyo Tire & Rubber recorded sales of 378.5 billion yen (up 1.4%), operating income of 280.42 million yen (down 2.1%), ordinary income of 357.8 billion yen (up 30.7%), and net income attributable to owners of the parent of 18.561 billion yen (up 31.2%) for the fiscal year ending March 2026. Segment-wise, pressure-related products experienced a decline due to a decrease in domestic volumes, while the temperature-controlled logistics segment maintained growth through increased medium-sized vehicle sales. Other businesses also performed steadily, resulting in an overall solid business performance.

Outlook and Impact on Shareholders

The consolidated earnings forecast for the fiscal year ending March 2027 projects sales of 392.0 billion yen (up 3.5%) and net income of 15.0 billion yen (down 19.2%), aiming for continued steady business operations. Leverage of favorable conditions in temperature-controlled logistics, air conditioning, and electronics fields will strengthen the business foundation. The company plans to continue increasing dividends and conducting treasury stock acquisitions to prevent dilution, providing stable dividends and implementing growth strategies going forward.