Yokohama Rubber : Results Briefing from the Presiden
February 16, 2023 at 11:46 pm EST
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FY2022 Results Briefing
Yokohama Transformation 2023: Looking Back at 2022 and Ahead to Activities in 2023
Medium-term Management Plan Yokohama Transformation 2023
Looking Back at 2022
Copyright(C) THE YOKOHAMA RUBBER CO., LTD.
Medium-term Management Plan
Copyright(C) THE YOKOHAMA RUBBER CO., LTD.
3
Tire Strategy: Impact of CASE/MaaS on Tire Business
Global tire market
YRC
Consumer tires（PCR・MC）
Commercial tires（TBR・OR・AG・ID・AC）
TBR 2：1 OHT
Consumer tires
Commercial tires
TBR １：１ OHT
Turning consumer tires into Commercial tires
Exploitation
B to B （to C） Exploration
Raise high value-added
tire sales ratio
ADVAN
GEOLANDAR
WINTER
Respond to market
changes
Cost
Product
Service
lineup
ＤＸ
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FY2022 Results
billion yen
2022
2022 forecast
2021
Change from
Change
YX2023 Targets
result
result
forecast
(YoY)
for FY22
Sales revenue
860.5
855.0
670.8
+5.5
+189.7
650.0
Business profit
70.1
62.5
62.2
+7.6
+7.9
60.0
Business
8.1%
7.3%
9.3%
+0.8%
-1.2％
9.2％
profit margin
Operating profit
68.9
60.5
83.6
+8.4
-14.8
-
Profit
45.9
42.0
65.5
+3.9
-19.6
-
ROIC
5.2%
-
8.2%
-
-3.0%
7％
(2023 target）
ROE
8.1%
-
13.9%
-
-5.9％
10％
(2023 target）
D/E Ratio
0.39
-
0.34
-
+0.05
0.4
(NET D/E Ratio)
(0.27)
(0.26)
(+0.01)
(2023 target）
Operating CF
39.2
-
68.3
-
-29.1
250.0
3-year total
Capital
54.9
-
38.8
-
+16.1
≤ depreciation
(excl strategic
investment
investments)
Copyright(C) THE YOKOHAMA RUBBER CO., LTD.
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YRC - Yokohama Rubber Co. Ltd. published this content on 17 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2023 04:45:02 UTC.
The Yokohama Rubber Company, Limited is one of the world's leaders in manufacturing and marketing tires. Net sales break down by activity as follows:
- production of tires (81.3%): for private vehicles, buses, heavy trucks, mining and civil engineering engines, etc.;
- manufacturing of polymer and rubber products (17.3%): high pressure pipes, conveyor belts, seismic products, marine hoses, aircraft products, golf products, etc.;
- other (1.3%).
Net sales break down geographically as follows: Japan (42.2%), Asia (14.6%), North America (26.6%) and other (16.6%).
THE YOKOHAMA RUBBER CO., LTD. 
