Toyo Tire Corporation (FRA:TYR)

Toyo Tire Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	573,311	565,358	552,825	497,213	393,647	343,764
Revenue Growth (YoY)	4.01%	2.27%	11.19%	26.31%	14.51%	-8.93%
Cost of Revenue	345,140	334,595	336,314	299,237	232,606	220,524
Gross Profit	228,171	230,763	216,511	197,976	161,041	123,240
Selling, General & Admin	137,585	136,621	139,613	153,944	107,962	86,940
Operating Expenses	137,746	136,782	139,612	153,930	107,960	86,911
Operating Income	90,425	93,981	76,899	44,046	53,081	36,329
Interest Expense	-1,532	-1,495	-1,068	-1,278	-1,458	-1,747
Interest & Investment Income	1,413	1,525	1,751	1,607	1,728	1,587
Earnings From Equity Investments	124	57	-30	199	167	59
Currency Exchange Gain (Loss)	-1,878	7,989	8,620	7,736	5,090	-4,059
Other Non Operating Income (Expenses)	-59	59	-125	-1,275	-2,701	-1,283
EBT Excluding Unusual Items	88,493	102,116	86,047	51,035	55,907	30,886
Gain (Loss) on Sale of Investments	4,665	4,668	12,940	18,277	266	106
Gain (Loss) on Sale of Assets	1,801	2,045	-	299	4,280	-
Asset Writedown	-8,662	-8,678	-2,671	-1,131	-1,623	-6,532
Other Unusual Items	1,432	1,432	-232	-1,856	-1,469	-8,761
Pretax Income	87,729	101,583	96,084	66,624	57,361	15,699
Income Tax Expense	22,472	26,773	23,898	18,668	15,897	3,824
Earnings From Continuing Operations	65,257	74,810	72,186	47,956	41,464	11,875
Minority Interest in Earnings	-	-	87	-	-114	-193
Net Income	65,257	74,810	72,273	47,956	41,350	11,682
Net Income to Common	65,257	74,810	72,273	47,956	41,350	11,682
Net Income Growth	-22.73%	3.51%	50.71%	15.98%	253.96%	-52.28%
Shares Outstanding (Basic)	154	154	154	154	154	154
Shares Outstanding (Diluted)	154	154	154	154	154	154
Shares Change (YoY)	0.00%	0.01%	0.01%	0.01%	0.00%	1.49%
EPS (Basic)	423.82	485.86	469.41	311.51	268.62	75.89
EPS (Diluted)	423.82	485.86	469.41	311.51	268.62	75.89
EPS Growth	-22.73%	3.50%	50.69%	15.97%	253.95%	-52.98%
Free Cash Flow	-	48,396	63,839	-27,858	-1,847	31,494
Free Cash Flow Per Share	-	314.31	414.64	-180.96	-12.00	204.60
Dividend Per Share	120.000	120.000	100.000	-	76.000	45.000
Dividend Growth	20.00%	20.00%	-	-	68.89%	-
Gross Margin	39.80%	40.82%	39.16%	39.82%	40.91%	35.85%
Operating Margin	15.77%	16.62%	13.91%	8.86%	13.48%	10.57%
Profit Margin	11.38%	13.23%	13.07%	9.64%	10.50%	3.40%
Free Cash Flow Margin	-	8.56%	11.55%	-5.60%	-0.47%	9.16%
EBITDA	126,615	129,087	107,671	70,794	74,549	57,334
EBITDA Margin	22.09%	22.83%	19.48%	14.24%	18.94%	16.68%
D&A For EBITDA	36,190	35,106	30,772	26,748	21,468	21,005
EBIT	90,425	93,981	76,899	44,046	53,081	36,329
EBIT Margin	15.77%	16.62%	13.91%	8.86%	13.48%	10.57%
Effective Tax Rate	25.61%	26.36%	24.87%	28.02%	27.71%	24.36%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.