Yokohama Rubber has reported record first-half results for 2025, with sales revenue up 10.3% to ¥579.2 billion and business profit up 13.8% to ¥62.1 billion. Operating profit slipped 2.5% to ¥54.9 billion, while profit attributable to owners fell 23.7% to ¥35.5 billion. Management raised full-year guidance and lifted the planned dividend.
Yokohama Rubber said stronger demand for consumer tyres and high-value lines underpinned the first-half. ADVAN, GEOLANDAR and winter (AGW) ranges, plus high-inch sizes, helped mix and margin. The company also cited one-off integration costs tied to the Goodyear OTR acquisition as a reason operating profit declined year-on-year.
Full-year FY2025 projections were increased to sales revenue of ¥1,235.0bn, business profit of ¥153.0bn, operating profit of ¥140.5bn and profit attributable to owners of ¥88.0bn. The planned full-year dividend is now ¥112, up ¥14 versus FY2024, after a ¥10 increase to the year-end payment.
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Yokohama Rubber completed the acquisition of Goodyear’s Off-the-Road (OTR) tyre business in February 2025, and began consolidating the unit from Q1. Recent moves to grow off-highway capacity include a Romanian site acquisition to support mining and construction tyre supply, boosting OTR tyre production with a Romanian site.
The tyres segment led first-half growth, driven by high-inch sizes in Europe, solid Japan demand and expanding sales channels in Asia. Off-highway tyre revenue rose, supported by the newly consolidated OTR business. The MB segment reported stronger marine products and benefits from hose & couplings restructuring.
Tagged: Yokohama Rubber, 2025 results, business profit, operating profit, OTR tyres, ADVAN, GEOLANDAR, dividend increase, financial forecast, off-highway tyres, high-inch tyres
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