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

Performance Overview

For the fiscal year ending December 2025, consolidated results were net sales of ¥594,923 million (5.2% increase YoY), operating income of ¥97,350 million (3.6% increase YoY), ordinary income of ¥101,328 million (0.8% decrease YoY), and net income attributable to owners of parent of ¥63,614 million (15.0% decrease YoY). The tire business saw increases in both net sales and operating income due to price hikes in the North American market and increased sales of key products, although sales declined in the European market due to business restructuring. The automotive parts business experienced higher net sales, but operating income decreased owing to rising costs.

Financial Position and Dividend

Total assets increased to ¥753,248 million compared to the previous period, liabilities decreased to ¥230,588 million, and net assets rose to ¥522,659 million, resulting in an increase in the equity ratio to 69.4%. Cash flow from operating activities was positive ¥93,060 million, investing activities resulted in expenditures of ¥23,079 million, and financing activities saw expenditures of ¥43,827 million, leaving cash and cash equivalents of ¥116,796 million. The dividend is set at an annual ¥130 (including a year-end dividend of ¥70 and a commemorative dividend of ¥5), with a plan to increase to ¥135 for the fiscal year ending December 2026.