Worth reading
70In 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
21
Year-on-year change in adjusted operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationCumulative third quarter, fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥35,543 hundred million+10.0%
Operating profit¥4,453 100 million +21.0%adjusted operating profit
Net income¥3,189 100 million +57.0%profit for the quarter attributable to owners of the parent
Operating profit margin12.5 % adjusted operating margin
Full-year earnings forecast
Revenue
¥47,000 hundred million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in adjusted operating profit
Raw Materials
¥0 hundred million
Ask price
¥120 hundred million
Volume
¥230 hundred million
Processing costs
¥50 hundred million
Selling expenses
¥-330 hundred million
Foreign exchange
¥440 hundred million
Other
¥79 hundred million
Of which, impact of U.S. tariff costs
¥-240 hundred million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rate
159 Yen
Euro exchange rate
184 Yen
Natural rubber_TSR20_Q3 2026
229 ￠/kg
Natural rubber_RSS#3_Q3 2026
279 ￠/kg
Crude oil_WTI_Q3 2026
$86 /bbl
New initiatives
- Full-year revenue forecast revised upward from ¥4.5 trillion to ¥4.7 trillion
- Measures to address the fire at the Tosu Plant
- Promotion of the new product and multi-brand strategy
- Acquisition and cancellation of ¥150 billion in treasury shares (completed)
- ¥150 billion in financing (completed)
Key KPIsA metric the company considers important as a management benchmark.
Global tire units sold_OE+REP_PSR_LTR
102 Year-on-year %
Global tire units sold_OE+REP_TBR
101 Year-on-year %
18-inch and larger PSR/LTR units sold
106 Year-on-year %
Ultra-large ORR units sold
101 Year-on-year %
New product count_passenger car tires, etc.
25 Products
New product count_truck and bus tires
6 Products
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Sales VolumesDisclosed tire unit sales by region and application, year on year
Ask price+¥12 billion as a factor in the change in adjusted operating profit
MIXImprovement disclosed as a factor in the change in adjusted operating profit
Segment results
Japan
Revenue
¥9,655 hundred million+6.0%
Adjusted operating profit
¥1,716 hundred million+30.0%
Asia-Pacific, India and China
Revenue
¥4,247 hundred million+14.0%
Adjusted operating profit
¥503 hundred million+22.0%
Americas
Revenue
¥17,534 hundred million+11.0%
Adjusted operating profit
¥1,582 hundred million0.0%
Europe, the Middle East and Africa
Revenue
¥6,827 hundred million+9.0%
Adjusted operating profit
¥458 hundred million+38.0%
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Impact of cost increases due to the situation in the Middle East
¥700 100 million / full year
Impact of the fire at the Tosu PlantThe specific impact is still being assessed. At this point, the impact on the full-year earnings forecast is expected to be limited.
Capital expenditures
¥2,139 hundred million
Acquisition of treasury shares
Acquisition cost
¥1,500 hundred million
Acquisition and cancellationCompleted
Percentage of total shares outstanding before cancellation
3.5 %
Three months of the current quarter
Revenue
¥12,326 hundred million+10.0%
Adjusted operating profit
¥1,644 hundred million+23.0%
Adjusted operating margin
13.3 %
yoy_change_pp1.4
Quarterly profit attributable to owners of the parent
¥1,127 hundred million+28.0%
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Cumulative third quarter, fiscal year ending December 2026 |
| Net Sales | ¥35,543 hundred million (YoY +10.0%) |
| Operating profit | ¥4,453 100 million (adjusted operating profit) (YoY +21.0%) |
| Net income | ¥3,189 100 million (profit for the quarter attributable to owners of the parent) (YoY +57.0%) |
| Operating profit margin | 12.5 % (adjusted operating margin) |
| Three months of the current quarter | Revenue ¥12,326 hundred million (YoY +10.0%) / Adjusted operating profit ¥1,644 hundred million (YoY +23.0%) / Adjusted operating margin 13.3 % / Quarterly profit attributable to owners of the parent ¥1,127 hundred million (YoY +28.0%) |
| Full-year earnings forecast | Revenue ¥47,000 hundred million / Adjusted operating profit Not disclosed / Profit for the year attributable to owners of the parent Not disclosed |
| Segment results | Japan Revenue ¥9,655 hundred million (YoY +6.0%) / Adjusted operating profit ¥1,716 hundred million (YoY +30.0%) / Asia-Pacific, India and China Revenue ¥4,247 hundred million (YoY +14.0%) / Adjusted operating profit ¥503 hundred million (YoY +22.0%) / Americas Revenue ¥17,534 hundred million (YoY +11.0%) / Adjusted operating profit ¥1,582 hundred million (YoY 0.0%) / Europe, the Middle East and Africa Revenue ¥6,827 hundred million (YoY +9.0%) / Adjusted operating profit ¥458 hundred million (YoY +38.0%) |
| Breakdown of Factors Affecting the Change | Year-on-year change in adjusted operating profit Raw Materials ¥0 hundred million / Ask price ¥120 hundred million / MIX Not disclosed / Volume ¥230 hundred million / Processing costs ¥50 hundred million / Selling expenses ¥-330 hundred million / Foreign exchange ¥440 hundred million / Other ¥79 hundred million / Of which, impact of U.S. tariff costs ¥-240 hundred million |
| Key KPIs | Global tire units sold_OE+REP_PSR_LTR 102 Year-on-year (%) / Global tire units sold_OE+REP_TBR 101 Year-on-year (%) / 18-inch and larger PSR/LTR units sold 106 Year-on-year (%) / Ultra-large ORR units sold 101 Year-on-year (%) / New product count_passenger car tires, etc. 25 Products / New product count_truck and bus tires 6 Products |
| Unit price and quantity metrics | Sales Volumes Disclosed tire unit sales by region and application, year on year / Ask price +¥12 billion as a factor in the change in adjusted operating profit / MIX Improvement disclosed as a factor in the change in adjusted operating profit |
| Assumptions Underlying the Business Outlook | U.S. dollar exchange rate 159 Yen / Euro exchange rate 184 Yen / Natural rubber_TSR20_Q3 2026 229 ￠/kg / Natural rubber_RSS#3_Q3 2026 279 ￠/kg / Crude oil_WTI_Q3 2026 $86 /bbl |
| Risk amount incorporated into the outlook | Impact of cost increases due to the situation in the Middle East ¥700 100 million / full year / Impact of the fire at the Tosu Plant The specific impact is still being assessed. At this point, the impact on the full-year earnings forecast is expected to be limited. |
| Acquisition of treasury shares | Acquisition cost ¥1,500 hundred million / Acquisition and cancellation Completed / Percentage of total shares outstanding before cancellation 3.5 % |
| Capital expenditures | ¥2,139 hundred million |
| New initiatives | Full-year revenue forecast revised upward from ¥4.5 trillion to ¥4.7 trillion, Measures to address the fire at the Tosu Plant, Promotion of the new product and multi-brand strategy, Acquisition and cancellation of ¥150 billion in treasury shares (completed), ¥150 billion in financing (completed) |
Items this document does not state (14)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioOrders 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.Higher sales volumes, improved selling prices and mix, the tailwind from yen depreciation, the new product and multi-brand strategy, and the effects of restructuring and reorganization contributed to higher revenue and profit. These benefits were partly offset by higher raw material costs and the impact of U.S. tariff costs.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.