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51012026 Q2 / First HalfPrimeIFRS

The Yokohama Rubber Company,Limited FY2026 Q2 Earnings Report

The Yokohama Rubber Company,Limited FY2026 Q2 earnings report and financial analysis

Automobiles & Transportation Equipment/Rubber Products


Financial Highlights

  • Net Sales: ¥639.40B
  • Operating Income: ¥109.70B
  • Net Income: ¥73.02B
  • EPS: ¥461.62

Income Statement

ItemCurrentPriorYoY %
Net Sales¥639.40B¥579.20B+10.4%
Cost of Sales¥391.97B¥381.29B+2.8%
Gross Profit¥247.42B¥197.91B+25.0%
SG&A Expenses¥151.58B¥135.79B+11.6%
Operating Income¥109.70B¥54.86B+100.0%
Profit Before Tax¥110.82B¥50.66B+118.7%
Income Tax Expense¥37.80B¥14.82B+155.0%
Net Income¥73.02B¥35.84B+103.7%
Net Income Attributable to Owners¥72.58B¥35.53B+104.2%
Total Comprehensive Income¥107.05B−¥8.41B+1372.9%
Basic EPS¥461.62¥224.86+105.3%
Diluted EPS¥460.16¥224.21+105.2%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥944.72B¥826.17B+¥118.55B
Accounts Receivable¥368.47B¥333.99B+¥34.49B
Inventories¥372.89B¥319.06B+¥53.84B
Non-current Assets¥1.23T¥1.17T+¥53.63B
Property, Plant & Equipment¥672.81B¥634.27B+¥38.54B
Intangible Assets¥123.61B¥126.44B−¥2.83B
Goodwill¥340.44B¥332.90B+¥7.54B
Total Assets¥2.17T¥2.00T+¥172.18B
Accounts Payable¥137.90B¥112.71B+¥25.19B
Non-current Liabilities¥491.48B¥511.09B−¥19.61B
Total Liabilities¥1.04T¥958.13B+¥79.16B
Total Equity¥1.13T¥1.04T+¥93.03B
Capital Stock¥38.91B¥38.91B¥0
Capital Surplus¥30.25B¥29.97B+¥281M
Retained Earnings¥770.76B¥709.39B+¥61.37B
Treasury Stock−¥15.59B−¥15.66B+¥77M
Shareholders' Equity¥1.12T¥1.03T+¥93.36B
Equity Ratio51.8%51.6%+0.2%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow−¥8.78B¥25.27B−¥34.05B
Investing Cash Flow−¥12.06B−¥190.35B+¥178.29B
Financing Cash Flow¥56.71B¥139.71B−¥83.00B
Cash and Cash Equivalents¥147.06B¥107.39B+¥39.67B
Free Cash Flow−¥20.84B--

Profitability Ratios

ItemValue
Book Value Per Share¥7,126.69
Net Profit Margin11.4%
Gross Profit Margin38.7%
Debt-to-Equity Ratio0.92x
Effective Tax Rate34.1%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+10.4%
Operating Income YoY Change+100.0%
Profit Before Tax YoY Change+118.7%
Net Income YoY Change+103.7%
Net Income Attributable to Owners YoY Change+104.2%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)166.40M shares
Treasury Stock8.65M shares
Average Shares Outstanding157.22M shares
Book Value Per Share¥7,184.00

Dividend Information

ItemAmount
Q2 Dividend¥87.00

Segment Information

SegmentRevenueOperating Income
MBMultiple¥54.86B¥6.32B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥4.17B¥498M
Tires¥580.36B¥89.03B

※ セグメント利益の測定基礎: business

Full Year Forecast

ItemForecast
Net Sales Forecast¥1.32T
Operating Income Forecast¥199.50B
Net Income Attributable to Owners Forecast¥117.00B
Basic EPS Forecast¥744.11
Dividend Per Share Forecast¥223.00