Yokohama Rubber's nine-month net profit rises to 96.01 billion yen
Yokohama Rubber lifted its nine-month net profit to 96.01 billion yen from 66.12 billion, and its full-year net profit forecast now stands at 117 billion yen.
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what happened
Japan's Yokohama Rubber reported revenue of 966.87 billion yen for the nine months ended September 30, 2026, up from 877.19 billion yen a year earlier. Operating profit climbed to 154.92 billion yen from 91.66 billion, while net profit reached 96.01 billion yen compared with 66.12 billion. Earnings per share were 610.61 yen against 419.08 yen, and diluted earnings per share were 608.68 yen versus 417.84 yen. The results follow IFRS accounting standards, according to Dow Jones Newswires.
For the full year ending December 2026, the company forecasts operating profit of 199.50 billion yen and net profit of 117 billion yen.
why it matters
Double-digit profit growth alongside a sharp improvement in operating income suggests the tire maker is managing costs and demand well. For investors following Japanese auto suppliers and tire producers, the report is a useful read on the sector, and the raised outlook for the year is the main point to watch.
market impact
Yokohama Rubber shares: strong profit growth and the outlook support the stock
- Yokohama Rubber shares pressure up — strong growth in operating and net profit supports interest in the stock
tags
instruments
sources
- Yokohama Rubber 9-Mos Net Y96.01B Vs Net Y66.12B — Dow Jones Newswires, 13 November 2026 at 05:00 UTC
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