Yokohama publishes its Integrated Report 2023

Hiratsuka, Japan—The Yokohama Rubber Co., Ltd., announced that it posted the English-language version of its “Integrated Report 2023” on the Company’s English Sustainability website. The report includes a comprehensive presentation of Yokohama Rubber’s management strategies and business activities.

Under Yokohama Transformation 2023 (YX2023), the Company’s medium-term plan for fiscal years 2021–2023, Yokohama Rubber is implementing sustainability management that integrates ESG into its business strategies. Accordingly, the Company is accelerating business activities that will lead to sustainable enhancement of its corporate value while contributing to local communities and the resolution of social issues.

To facilitate the stakeholders’ proper understanding of a comprehensive presentation of Yokohama Rubber’s management strategies and business activities, in 2022 Yokohama Rubber began publishing an integrated report that includes a well-organized presentation of such key financial information as management strategies and business performance as well as important non-financial information regarding the Company’s social, environmental, human resources, and corporate governance policies and activities. Referencing the International Integrated Reporting Framework advocated by the International Financial Reporting Standards (IFRS) Foundation and the Japan Ministry of Economy, Trade and Industry’s Guidance for Collaborative Value Creation, the report’s structure and contents place an emphasis on the perspectives of all Yokohama Rubber stakeholders.

Incorporating feedback received from stakeholders about the 2022 report, “Integrated Report 2023” includes more detailed information on the Company’s financial and non-financial initiatives in order to facilitate and deepen readers’ understanding of the business model and the Yokohama Rubber Group “Value Creation Story” that are the basis for those initiatives aimed at achieving the goals of YX2023 and the sustainable growth of the Group.

The Yokohama Rubber Group looks forward to communicating with stakeholders through various opportunities and will continue to proactively provide fair and transparent information disclosures through various methods, such as the recently released “Integrated Report 2023.”