Trade The Yokohama Rubber Company, Limited - 5101 CFD

The Yokohama Rubber Company, Limited Company profile

About Yokohama Rubber Co Ltd

The Yokohama Rubber Company, Limited operates tire, MB and ATG businesses. The Company operates through three business segments. The Tire segment is mainly engaged in the manufacture and sale of tire tubes, aluminum wheels and automobile products for cars, trucks, buses, construction vehicles and industrial vehicles. The MB segment is engaged in the manufacture and sale of conveyor belts, rubber plates, hoses, fenders, oil spill booms, marine hoses, moldings, air springs, highway joints, bridge rubber bearings, building seismic isolation laminated rubber, waterproof materials, water stop materials, insulation and vibration control products, adhesives, sealing materials and aerospace parts, among others. The ATG segment provides tires for agriculture, industrial vehicles, construction vehicles and forestry machineries. The Company is also engaged in the manufacture and sale of sports goods, the provision of information processing services, as well as real estate leasing business.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Yokohama Rubber Co Ltd revenues increased 22% to Y670.81B. Net income applicable to common stockholders excluding extraordinary items increased from Y25.95B to Y58.75B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other Operating Income increase from Y4.99B to Y24.86B (income).

Equity composition

FY'07 3Q's WAS was estimated and used as of o/s. FY'99-02 WAS were estimated. FY'04 & 05 &'06: 1Q's WAS & DPS & O/S were estimated. The Company changed FYE from Dec. to March during FY'95. FY'08 Q1&Q3 WAS=O/S.