Results for this period
Interim period (second quarter)1 January 2026–30 June 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Sales volume and net sales declined due to the contraction of the overall North American market, trade-down to imported tires, operational changes associated with the restructuring of the European business, and supply constraints and restrained purchasing in Japan. These factors were offset by the increasing acceptance of price increases, demand for priority products, higher sales of tires for new vehicles, and stable demand from automakers.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥284,190 million (YoY +0.3%) |
| Operating profit | ¥37,497 million (YoY -22.2%) |
| Ordinary income | ¥39,415 million (YoY -9.9%) |
| Profit attributable to owners of the parent | ¥29,436 million (YoY -11.7%) |
| Net income per share | ¥191.14 |
| Equity ratio | End of the current fiscal period 71.6 / End of previous period 69.4 |
| Total assets | ¥768,188 million |
| Net assets | ¥549,853 million |
| Cash flows from operating activities | ¥34,983 million |
| Cash flows from investing activities | ¥-18,318 million |
| Cash flows from financing activities | ¥-22,943 million |
| Cash and cash equivalents at end of period | ¥112,143 million |
| Full-year earnings forecast | Net Sales ¥638,000 million (YoY +7.2%) / Operating profit ¥90,000 million (YoY -7.6%) / Ordinary income ¥87,000 million (YoY -14.1%) / Profit attributable to owners of the parent ¥62,000 million (YoY -2.5%) |
| Revision to Earnings Forecast | Net Sales ¥620,000 million → ¥638,000 million（+2.9%） / Operating profit ¥94,000 million → ¥90,000 million（-4.3%） / Ordinary income ¥82,000 million → ¥87,000 million（+6.1%） / Profit attributable to owners of the parent ¥54,000 million → ¥62,000 million（+14.8%） |
| Annual Dividend Forecast | ¥130 → ¥135（+3.8%） |
| Segment revenue | Original-Equipment Tires ¥260,058 million (YoY -0.1%) / Automotive parts business ¥24,132 million (YoY +4.9%) |
| Segment profit | Original-Equipment Tires ¥36,425 million (YoY -22.6%) / Automotive parts business ¥1,075 million (YoY -0.6%) |
| Depreciation and amortization | ¥18,851 million |
| Impairment loss | ¥210 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥269 million, Gain on sale of investment securities ¥41 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥270 million, Impairment Losses ¥210 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 154,111,029 Shares |
| Treasury Shares at Period-End | 98,937 Shares |
| Factors Behind Changes in Business Performance | Sales volume and net sales declined due to the contraction of the overall North American market, trade-down to imported tires, operational changes associated with the restructuring of the European business, and supply constraints and restrained purchasing in Japan. These factors were offset by the increasing acceptance of price increases, demand for priority products, higher sales of tires for new vehicles, and stable demand from automakers. |
Items this document does not state (6)
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 stated that the full-year forecasts were revised based on progress against the interim-period results and the current business environment. Factors cited on the business side included the contraction of the North American market as a whole, trade-down to imported tires, a transitional period associated with the restructuring of the European business, and supply constraints and restrained purchasing in Japan. At the same time, the company cited the increasing acceptance of price increases, an improved product mix, higher sales of tires for new vehicles, and stable demand from automakers.