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Revision of earnings forecasts5101The Yokohama Rubber Company,LimitedAutomobiles and transportation equipment

Notice Regarding Revisions to Consolidated Earnings Forecast

For the interim period and full year of the fiscal year ending December 2026, revenue and business profit remain unchanged, while operating profit has been raised by ¥18,500 million and profit attributable to owners of the parent has been raised by ¥19,000 million. This upward revision reflects gains on the sale of fixed assets and other factors.

Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
19000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Second quarter (interim period) and full yearPrevious forecast published Announced on 19 February 2026
Net SalesInterim period610,000→610,000million
0.0%
Net SalesFull year1,300,000→1,300,000million
0.0%
Operating profitInterim period67,500→86,000million
+27.4%
Operating profitFull year173,000→191,500million
+10.7%
Profit attributable to owners of the parentInterim period26,000→45,000million
+73.1%
Profit attributable to owners of the parentFull year90,000→109,000million
+21.1%
Net income per shareInterim period165.39→286.25yen and sen
+73.1%
Net income per shareFull year572.5→693.36yen and sen
+21.1%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The revision reflects approximately ¥30 billion in gains on the sale of fixed assets in connection with the sale by consolidated subsidiary Alliance Tire Company Ltd. of the site of its former plant in Israel, one-time costs associated with global business optimization, and revisions to other provisions. For the full year, the forecast reflects expected cost increases resulting from the situation in the Middle East, as well as appropriate adjustments to selling prices, various cost improvement measures, assumed yen depreciation and the impact of the sale of fixed assets.

Previous-period resultsInterim period: revenue of ¥579,201 million, business profit of ¥62,119 million, operating profit of ¥54,858 million, interim profit attributable to owners of the parent of ¥35,535 million, and basic interim earnings per share of ¥224.86. Full year: revenue of ¥1,234,959 million, business profit of ¥166,577 million, operating profit of ¥152,901 million, profit attributable to owners of the parent of ¥105,398 million, and basic earnings per share of ¥668.55.
Dividend forecast revisionNo change at present. The Company will consider the matter appropriately based on earnings trends and other factors following finalization of the second-quarter results.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesInterim period 610,000 / Full year 1,300,000 → Interim period 610,000 / Full year 1,300,000
Operating profitInterim period 67,500 / Full year 173,000 → Interim period 86,000 / Full year 191,500(Interim period 27.4% / Full year 10.7%)
Profit attributable to owners of the parentInterim period 26,000 / Full year 90,000 → Interim period 45,000 / Full year 109,000(Interim period 73.1% / Full year 21.1%)
Net income per shareInterim period 165.39 / Full year 572.50 → Interim period 286.25 / Full year 693.36
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecastAnnounced on 19 February 2026
Previous-period resultsInterim period: revenue of ¥579,201 million, business profit of ¥62,119 million, operating profit of ¥54,858 million, interim profit attributable to owners of the parent of ¥35,535 million, and basic interim earnings per share of ¥224.86. Full year: revenue of ¥1,234,959 million, business profit of ¥166,577 million, operating profit of ¥152,901 million, profit attributable to owners of the parent of ¥105,398 million, and basic earnings per share of ¥668.55.
Reason for the revisionThe revision reflects approximately ¥30 billion in gains on the sale of fixed assets in connection with the sale by consolidated subsidiary Alliance Tire Company Ltd. of the site of its former plant in Israel, one-time costs associated with global business optimization, and revisions to other provisions. For the full year, the forecast reflects expected cost increases resulting from the situation in the Middle East, as well as appropriate adjustments to selling prices, various cost improvement measures, assumed yen depreciation and the impact of the sale of fixed assets.
Dividend forecast revisionNo change at present. The Company will consider the matter appropriately based on earnings trends and other factors following finalization of the second-quarter results.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDetails and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company expects to record approximately ¥30 billion in gains on the sale of fixed assets in other income in connection with the sale by a consolidated subsidiary of the site of its former plant in Israel. At the same time, other expenses are expected to increase due to one-time costs associated with global business optimization and revisions to other provisions. For the full year, the forecast reflects expected cost increases resulting from the situation in the Middle East, as well as appropriate adjustments to selling prices, cost improvement measures, assumed yen depreciation and the impact of the sale of fixed assets.

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Notice Regarding Revisions to Consolidated Earnings Forecast | The Yokohama Rubber Company,Limited (5101) timely disclosure | Komori