Yokohama Rubber's first three quarter net profit reached 219 million U.S. dollars

Yokohama Rubber recently announced that its sales and net profit for the first three quarters of 2012 both increased year-on-year. The details are as follows:

In the third quarter of 2012, Yokohama Rubber reported net sales of 124.1 billion yen (approximately US$1.564 billion), down 8.7% year-on-year; third-quarter operating profit was 6.41 billion yen (approximately US$81 million), a year-on-year increase of 83.4. %; Yokohama Rubber's third-quarter net profit was 3.71 billion yen (about 47 million US dollars), and the company's net loss in the third quarter of 2011 was 2.45 billion yen (about 31 million US dollars).

Yokohama Rubber's net sales for the first three quarters totaled 393.07 billion yen (approximately US$4.953 billion), an increase of 1.5% year-on-year; operating profit for the first three quarters was 26.3 billion yen (approximately US$331 million), a surge of 183% year-on-year; Yokohama Rubber's total net profit for the first three quarters was 17.41 billion yen (approximately US$219 million), while net profit for the same period in 2011 was only 1.15 billion yen (approximately US$14 million).

In the first three quarters of 2012, the Yokohama Rubber Tire Business Unit's operating profit was 21.63 billion yen (approximately US$272 million), an increase of nearly 2.5 times from 6.23 billion yen (approximately US$78 million) in the same period of 2011; the first three quarters of the year The operating profit of the product business division was 3.48 billion yen (approximately US$44 million), an increase of 130% from 15.1 billion yen (approximately US$19 million) in the same period of 2011.

In each regional market, Yokohama Rubber's operating profit in Japan during the first three quarters was 18.87 billion yen (approximately US$238 million), and its operating profit for the same period of 2011 was only 2.02 billion yen (approximately US$25 million); North American market Operating profit was 4.87 billion yen (about 61 million US dollars), an increase of 31.6%; Yokohama Rubber's operating profit in the Asian market for the first three quarters was 4.01 billion yen (about 50 million US dollars), an increase of 117%.

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