Yokohama Rubber posts record high sales, raises full year forecast

Hiratsuka, Japan—The Yokohama Rubber Co., Ltd., announced its business and financial results for the first quarter of fiscal 2026 (January–March 2026). Sales revenue increased 10.4% over the same period of the previous year, to ¥303.8 billion; business profit increased 84.6%, to ¥44.4 billion; operating profit increased 34.5%, to ¥26.0 billion; and profit attributable to owners of the parent increased 72.6%, to ¥14.7 billion. Sales revenue and business profit reached new highs for a first quarter. Business profit margin also rose to a record high of 14.6%.

Yokohama Rubber also announced upward revisions to its fiscal 2026 full-year earnings forecast released in February. The new forecast is for sales revenue of ¥1,300.0 billion (unchanged), business profit of ¥188.0 billion (unchanged), operating profit of ¥191.5 billion (10.7% higher than the previous forecast), and profit attributable to owners of the parent of ¥109.0 billion (21.1% higher than the previous forecast).

The Company’s dividend forecast is unchanged, but management will conduct due consideration of its forecast based on first-half results and the outlook for the second half of FY2026.