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Yokohama Rubber, Jan-Mar (1Q) Net Income Decreases by 57%

Thu May 15, 2025 2:00 pm JST Earnings

5101 The Yokohama Rubber Company,Limited 【IFRS】

Earnings Report

The Yokohama Rubber Company,Limited <5101> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on May 15th (14:00). The consolidated net income for the first quarter of the fiscal year ending December 2025 (January to March) significantly dropped 56.9% from the same period last year to 8.52 billion yen. The progress rate toward the plan for the six months ending June (1H) of 19.5 billion yen was 43.7%, also falling below the five-year average of 49.1%.

In the most recent three-month period, from January to March (1Q), the operating profit margin significantly dropped from 10.6% in the same period last year to 7.0%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Mar, 2023 204,314 13,206 14,251 9,705 60.5 38.4 May 12, 2023 IFRS
Jan - Mar, 2024 252,419 26,753 28,017 19,796 123.5 44.4 May 14, 2024 IFRS
Jan - Mar, 2025 275,118 19,340 13,875 8,525 53.7 May 15, 2025 IFRS
YoY +9.0% -27.7% -50.5% -56.9% -56.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 525,283 56,254 63,121 46,579 290.5 46 Aug 9, 2024 IFRS
Jan - Jun, 2025 Guidance 575,000 38,500 19,500 123.7 48 Feb 19, 2025 IFRS
YoY +9.5% -31.6% -58.1% -57.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 985,333 100,351 105,975 67,234 419.3 84 Feb 16, 2024 IFRS
Dec, 2024 1,094,746 119,157 115,359 74,919 467.8 98 Feb 19, 2025 IFRS
Dec, 2025 Guidance 1,220,000 132,000 81,500 516.8 102 Feb 19, 2025 IFRS
YoY +11.4% +10.8% +8.8% +10.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 252,419 26,753 28,017 19,796 123.5 10.6 May 14, 2024 IFRS
Apr - Jun, 2024 272,864 29,501 35,104 26,783 167.0 10.8 Aug 9, 2024 IFRS
Jul - Sep, 2024 257,623 29,518 16,432 14,262 88.9 11.5 Nov 14, 2024 IFRS
Oct - Dec, 2024 311,840 33,385 35,806 14,078 87.9 10.7 Feb 19, 2025 IFRS
Jan - Mar, 2025 275,118 19,340 13,875 8,525 53.7 7.0 May 15, 2025 IFRS
YoY +9.0% -27.7% -50.5% -56.9% -56.5%

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