2026 Fiscal Year First Quarter Financial Results Briefing Materials

Performance Overview

Yokohama Rubber's financial results for the first quarter of 2026 recorded sales of ¥303.8 billion (up ¥28.7 billion YoY) and net income of ¥14.7 billion (up ¥6.2 billion YoY), marking a record high. Both sales and profits are firmly on an upward trend, indicating strong performance. Revenue growth was driven primarily by the tire business, expanding sales both domestically and internationally, and successful price adjustments. Notably, increases in tire sales volume and average unit price contributed to these results. The company will continue to pursue proactive sales strategies and cost management to further expand its business results.

Outlook

Yokohama Rubber forecasts full-year financial results for 2026 with sales of ¥1,300.0 billion (up ¥65.0 billion YoY) and net income of ¥109.0 billion (up ¥3.6 billion YoY). The company aims to improve profitability through sustained sales expansion of tires and the promotion of high-value-added products. It will continue to expand sales in North America, Europe, and Asia, while managing risks related to currency fluctuations and raw material prices. In the long term, the company plans to strengthen development of environmentally friendly and high-value-added products for electric vehicles, aiming for sustainable growth.