Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
The Tire Business saw lower sales volumes and net sales due to the contraction of the North American market, the transitional period of business restructuring in Europe, and declining domestic demand for winter tires and supply constraints. Meanwhile, the penetration of price increases, an improved product mix, higher sales of original-equipment tires, and improved profitability of exported components due to the weaker yen contributed to results.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥130,951 million (YoY -3.4%) |
| Operating profit | ¥20,610 million (YoY -8.1%) |
| Ordinary income | ¥21,352 million (YoY +17.0%) |
| Profit attributable to owners of the parent | ¥15,476 million (YoY +14.6%) |
| Net income per share | ¥100.50 |
| Equity ratio | End of the current fiscal period 72.5 / End of previous period 69.4 |
| Total assets | ¥735,028 million |
| Net assets | ¥532,770 million |
| Full-year earnings forecast | Net Sales ¥620,000 million (YoY +4.2%) / Operating profit ¥94,000 million (YoY -3.4%) / Ordinary income ¥82,000 million (YoY -19.1%) / Net income ¥54,000 million (YoY -15.1%) |
| Annual Dividend Forecast | ¥130.00 → ¥135.00 |
| Segment revenue | Original-Equipment Tires ¥119,329 million (YoY -3.6%), Automotive parts business ¥11,622 million (YoY -1.1%) |
| Segment profit | Original-Equipment Tires ¥20,042 million (YoY -8.5%), Automotive parts business ¥567 million (YoY +11.3%) |
| Depreciation and amortization | ¥9,298 million |
| Impairment loss | ¥87 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million, Gain on sale of investment securities ¥41 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥114 million, Impairment Losses ¥87 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | None (no additions or exclusions) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held (対象者：Not disclosed) |
| Issued Shares at Period-End | 154,111,029 Shares |
| Treasury Shares at Period-End | 115,331 Shares |
| Factors Behind Changes in Business Performance | The Tire Business saw lower sales volumes and net sales due to the contraction of the North American market, the transitional period of business restructuring in Europe, and declining domestic demand for winter tires and supply constraints. Meanwhile, the penetration of price increases, an improved product mix, higher sales of original-equipment tires, and improved profitability of exported components due to the weaker yen contributed to results. |
Items this document does not state (11)
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 reported factors behind the decline in sales were lower sales volumes of replacement tires due to the contraction of the North American market, a transitional period in the business restructuring centered on the Serbian plant in Europe, and lower domestic demand for winter tires combined with supply constraints. Factors contributing to the increase in earnings included the penetration of price increases, an improved product mix, higher sales of original-equipment tires, and improved profitability of exported components due to the weaker yen.