The Yokohama Rubber Company, Limited (TYO: 5101)

The Yokohama Rubber Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,075,734	985,333	860,477	670,809	570,572	650,462
Revenue Growth (YoY)	14.78%	14.51%	28.27%	17.57%	-12.28%	0.03%
Cost of Revenue	690,650	659,442	572,803	447,178	390,413	441,323
Gross Profit	385,084	325,891	287,674	223,631	180,159	209,139
Selling, General & Admin	251,736	226,764	217,585	161,469	143,360	159,009
Other Operating Expenses	-411	-216	876	-1,504	955	-2,994
Operating Expenses	251,325	226,548	218,461	159,965	144,315	156,015
Operating Income	133,759	99,343	69,213	63,666	35,844	53,124
Interest Expense	-12,148	-6,300	-2,939	-2,100	-2,788	-2,728
Interest & Investment Income	3,789	5,244	5,020	3,160	2,627	2,836
Currency Exchange Gain (Loss)	-	6,920	-3,726	-3,850	483	373
Other Non Operating Income (Expenses)	1	-615	-889	-372	-381	-537
EBT Excluding Unusual Items	125,401	104,592	66,679	60,504	35,785	53,068
Merger & Restructuring Charges	-	-	-	-	-494	-
Gain (Loss) on Sale of Assets	-	3,304	-77	20,063	1,780	5,873
Asset Writedown	-	-1,920	5,020	4,633	-3,158	-1,176
Pretax Income	125,401	105,976	71,622	85,200	33,913	57,765
Income Tax Expense	40,742	37,545	24,473	25,645	7,061	14,837
Earnings From Continuing Operations	84,659	68,431	47,149	59,555	26,852	42,928
Earnings From Discontinued Operations	-	-	-	6,751	-	-
Net Income to Company	84,659	68,431	47,149	66,306	26,852	42,928
Minority Interest in Earnings	-1,167	-1,197	-1,231	-806	-540	-957
Net Income	83,492	67,234	45,918	65,500	26,312	41,971
Net Income to Common	83,492	67,234	45,918	65,500	26,312	41,971
Net Income Growth	45.92%	46.42%	-29.90%	148.94%	-37.31%	17.82%
Shares Outstanding (Basic)	160	160	160	160	160	160
Shares Outstanding (Diluted)	161	161	161	161	161	160
Shares Change (YoY)	0.03%	0.04%	0.05%	0.05%	0.05%	0.03%
EPS (Basic)	520.69	419.32	286.38	408.47	164.09	261.62
EPS (Diluted)	519.34	418.31	285.80	407.86	163.92	261.62
EPS Growth	45.88%	46.36%	-29.93%	148.82%	-37.34%	17.78%
Free Cash Flow	22,441	101,488	-15,147	32,373	47,494	25,854
Free Cash Flow Per Share	139.59	631.43	-94.28	201.58	295.88	161.15
Dividend Per Share	96.000	84.000	66.000	65.000	64.000	64.000
Dividend Growth	43.28%	27.27%	1.54%	1.56%	0%	3.23%
Gross Margin	35.80%	33.07%	33.43%	33.34%	31.58%	32.15%
Operating Margin	12.43%	10.08%	8.04%	9.49%	6.28%	8.17%
Profit Margin	7.76%	6.82%	5.34%	9.76%	4.61%	6.45%
Free Cash Flow Margin	2.09%	10.30%	-1.76%	4.83%	8.32%	3.97%
EBITDA	198,952	158,837	119,127	109,226	80,311	95,506
EBITDA Margin	18.49%	16.12%	13.84%	16.28%	14.08%	14.68%
D&A For EBITDA	65,193	59,494	49,914	45,560	44,467	42,382
EBIT	133,759	99,343	69,213	63,666	35,844	53,124
EBIT Margin	12.43%	10.08%	8.04%	9.49%	6.28%	8.17%
Effective Tax Rate	32.49%	35.43%	34.17%	30.10%	20.82%	25.69%
Advertising Expenses	-	13,751	11,496	9,629	12,354	19,383

Source: S&P Capital IQ. Standard template. Financial Sources.