Connect with us

Yokohama Sees Sales, Profits Up

(Akron/Tire Review) Yokohama Rubber Co. posted a 19.1% increase in operating income, to 20.9 billion yen, through the first three quarters of its fiscal year compared to the same period last year.

Advertisement

Sales for the period were up 9.1% to 333.7 billion yen, lead by sales gains in North America and Europe.

Advertisement

Company officials said that sales growth, cost-cutting measures, and the weakening of the yen against the dollar more than offset increases in raw-material costs.

Operating income for Yokohama’s tire group increased 7.2%, to 18.4 billion yen, against a 10% increase in sales, to 248.5 billion yen.

Advertisement
Click to comment

POPULAR POSTS

Yokohama-Port-Tires-Drive-1400 Yokohama-Port-Tires-Drive-1400

Commercial Tires

Port Tire Demand Grows as Shipping Industry Pressure Mounts

Bridgestone-Adds-Three-Products-Firestone-Classics-Long-Haul-Tire-Line-1400 Bridgestone-Adds-Three-Products-Firestone-Classics-Long-Haul-Tire-Line-1400

Commercial Tires

Bridgestone Adds Three Products to Firestone Classics Long- Haul Tire Line

Coats-1400 Coats-1400

Service

Three Tips When Purchasing a New Automotive Lift

Rusted-TPMS Rusted-TPMS

TPMS

Don’t Let the Causes of TPMS Corrosion Cost Your Customers

Connect
Tire Review Magazine