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Presentation materials on financial results5101The Yokohama Rubber Company,LimitedAutomobiles and transportation equipment

Responding to Changes in the External Environment and Progress on YX2026

In the first quarter of fiscal 2026, revenue and business profit reached record highs, resulting in year-on-year increases in both revenue and profit. The full-year forecast was revised upward by ¥18.5 billion for operating profit and ¥19 billion for net income to reflect the gain on the sale of the former Israel plant site.

Worth reading
54Recurring
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
190
Hundred millions of yen
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials on financial resultsFY2026 First Quarter6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,038 Hundred millions of yen+10.4%
Operating profit260 Hundred millions of yen+34.5%
Net income147 Hundred millions of yen+72.6%
Operating profit margin8.6 %
Results for the three months of the current quarter
Revenue
3,038 Hundred millions of yen
Business profit before PPA amortization
481 Hundred millions of yen
Business profit
444 Hundred millions of yen
Operating profit
260 Hundred millions of yen
Profit for the period
147 Hundred millions of yen
Full-year earnings forecast
Revenue
13,000 Hundred millions of yen
Business profit before PPA amortization
2,014 Hundred millions of yen
Business profit
1,880 Hundred millions of yen
Operating profit
1,915 Hundred millions of yen
Profit for the period
1,090 Hundred millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and business profit are expected to meet the initial plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Annual cost impact from raw materials, freight, energy and other itemsApproximately ¥38 billion
  • Raw materials (tires, OHT and other items)Approximately ¥23.0 billion
  • Freight, energy and other itemsApproximately ¥13 billion
  • Other cost impactsApproximately ¥2 billion
New initiatives
  • Bring forward the start of mass production at the new China plant to March 2026
  • Establish a new China research and development center in May 2026
  • Mass production at the new Mexico plant is scheduled to begin in January 2027
  • Closure of the Salem plant
  • Sale of the Former Israel Plant Site
  • Install UPS equipment at the Philippines plant and bring forward the switch to external power
  • The solar power generation system at the Thailand plant is scheduled to begin full-scale operation
Key KPIsA metric the company considers important as a management benchmark.
  • Tire business (excluding OHT): total OE and replacement tire sales volume100 Year-on-year %
  • Tire business (excluding OHT): Japan OE and replacement tire sales volume104 Year-on-year %
  • Tire business (excluding OHT): North America OE and replacement tire sales volume104 Year-on-year %
  • Tire business (excluding OHT): China OE and replacement tire sales volume83 Year-on-year %
  • Tire business (excluding OHT): Europe OE and replacement tire sales volume114 Year-on-year %
  • Tire business (excluding OHT): Asia OE and replacement tire sales volume98 Year-on-year %
  • Tire business (excluding OHT): India OE and replacement tire sales volume116 Year-on-year %
  • OHT agricultural tire OE and replacement tire sales volume114 % year on year
Medium-term management plan targets
Plan nameYX2026
DetailsImprovement in business profit from the closure of the Salem plant, sale of the former Israel plant site and cumulative asset sales
Results and progressSalem plant closure costs were approximately ¥16 billion. The annual business profit improvement effect is expected to be approximately ¥700 million in fiscal 2026 and ¥6 billion to ¥7 billion from fiscal 2027 onward. Cumulative asset sales under YX2026 totaled approximately ¥140 billion
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Approximately ¥38 billion
DetailsAnnual impact of raw material, freight and energy costs associated with the situation in the Middle East and other factors
Contents of this document
ItemDetails
Document typePresentation materials on financial results
Fiscal Period CoveredFY2026 First Quarter
Net Sales3,038 Hundred millions of yen (YoY +10.4%)
Operating profit260 Hundred millions of yen (YoY +34.5%)
Net income147 Hundred millions of yen (YoY +72.6%)
Operating profit margin8.6 %
Results for the three months of the current quarterRevenue 3,038 Hundred millions of yen / Business profit before PPA amortization 481 Hundred millions of yen / Business profit 444 Hundred millions of yen / Operating profit 260 Hundred millions of yen / Profit for the period 147 Hundred millions of yen
Full-year earnings forecastRevenue 13,000 Hundred millions of yen / Business profit before PPA amortization 2,014 Hundred millions of yen / Business profit 1,880 Hundred millions of yen / Operating profit 1,915 Hundred millions of yen / Profit for the period 1,090 Hundred millions of yen
Self-assessment against the planRevenue and business profit are expected to meet the initial plan
Breakdown of Factors Affecting the ChangeFactors Annual cost impact from raw materials, freight, energy and other items / Amount Approximately ¥38 billion, Factors Raw materials (tires, OHT and other items) / Amount Approximately ¥23.0 billion, Factors Freight, energy and other items / Amount Approximately ¥13 billion, Factors Other cost impacts / Amount Approximately ¥2 billion
Key KPIsIndicator name Tire business (excluding OHT): total OE and replacement tire sales volume / Value 100 Year-on-year %, Indicator name Tire business (excluding OHT): Japan OE and replacement tire sales volume / Value 104 Year-on-year %, Indicator name Tire business (excluding OHT): North America OE and replacement tire sales volume / Value 104 Year-on-year %, Indicator name Tire business (excluding OHT): China OE and replacement tire sales volume / Value 83 Year-on-year %, Indicator name Tire business (excluding OHT): Europe OE and replacement tire sales volume / Value 114 Year-on-year %, Indicator name Tire business (excluding OHT): Asia OE and replacement tire sales volume / Value 98 Year-on-year %, Indicator name Tire business (excluding OHT): India OE and replacement tire sales volume / Value 116 Year-on-year %, Indicator name OHT agricultural tire OE and replacement tire sales volume / Value 114 % year on year
Risk amount incorporated into the outlookAmount Approximately ¥38 billion / Details Annual impact of raw material, freight and energy costs associated with the situation in the Middle East and other factors
Medium-term management plan targetsPlan name YX2026 / Details Improvement in business profit from the closure of the Salem plant, sale of the former Israel plant site and cumulative asset sales / Results and progress Salem plant closure costs were approximately ¥16 billion. The annual business profit improvement effect is expected to be approximately ¥700 million in fiscal 2026 and ¥6 billion to ¥7 billion from fiscal 2027 onward. Cumulative asset sales under YX2026 totaled approximately ¥140 billion
New initiativesBring forward the start of mass production at the new China plant to March 2026, Establish a new China research and development center in May 2026, Mass production at the new Mexico plant is scheduled to begin in January 2027, Closure of the Salem plant, Sale of the Former Israel Plant Site, Install UPS equipment at the Philippines plant and bring forward the switch to external power, The solar power generation system at the Thailand plant is scheduled to begin full-scale operation
Items this document does not state (17)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Because the gain on the sale of the former Israel plant site is scheduled to be recognized. The company explained that cost increases resulting from the situation in the Middle East will be absorbed through price adjustments, additional cost-reduction measures and foreign exchange gains.

How to read this page

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Responding to Changes in the External Environment and Progress on YX2026 | The Yokohama Rubber Company,Limited (5101) timely disclosure | Komori