Toyo Tire Corporation (TYO:5105)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	580,039	565,358	552,825	497,213	393,647	343,764
Revenue Growth (YoY)	2.80%	2.27%	11.19%	26.31%	14.51%	-8.93%
Cost of Revenue	354,361	334,595	336,314	299,237	232,606	220,524
Gross Profit	225,678	230,763	216,511	197,976	161,041	123,240
Selling, General & Admin	135,705	136,621	139,613	153,944	107,962	86,940
Operating Expenses	135,866	136,782	139,612	153,930	107,960	86,911
Operating Income	89,812	93,981	76,899	44,046	53,081	36,329
Interest Expense	-1,236	-1,495	-1,068	-1,278	-1,458	-1,747
Interest & Investment Income	1,442	1,525	1,751	1,607	1,728	1,587
Earnings From Equity Investments	106	57	-30	199	167	59
Currency Exchange Gain (Loss)	5,262	7,989	8,620	7,736	5,090	-4,059
Other Non Operating Income (Expenses)	-365	59	-125	-1,275	-2,701	-1,283
EBT Excluding Unusual Items	95,021	102,116	86,047	51,035	55,907	30,886
Gain (Loss) on Sale of Investments	7,156	4,668	12,940	18,277	266	106
Gain (Loss) on Sale of Assets	1,150	2,045	-	299	4,280	-
Asset Writedown	-8,386	-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	96,373	101,583	96,084	66,624	57,361	15,699
Income Tax Expense	23,702	26,773	23,898	18,668	15,897	3,824
Earnings From Continuing Operations	72,671	74,810	72,186	47,956	41,464	11,875
Minority Interest in Earnings	-	-	87	-	-114	-193
Net Income	72,671	74,810	72,273	47,956	41,350	11,682
Net Income to Common	72,671	74,810	72,273	47,956	41,350	11,682
Net Income Growth	2.79%	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)	-	0.01%	0.01%	0.01%	0.00%	1.49%
EPS (Basic)	471.90	485.86	469.41	311.51	268.62	75.89
EPS (Diluted)	471.90	485.86	469.41	311.51	268.62	75.89
EPS Growth	-	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	70.000	120.000	100.000	-	76.000	45.000
Dividend Growth	-46.15%	20.00%	-	-	68.89%	-
Gross Margin	38.91%	40.82%	39.16%	39.82%	40.91%	35.85%
Operating Margin	15.48%	16.62%	13.91%	8.86%	13.48%	10.57%
Profit Margin	12.53%	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	128,169	129,087	107,671	70,794	74,549	57,334
EBITDA Margin	22.10%	22.83%	19.48%	14.24%	18.94%	16.68%
D&A For EBITDA	38,357	35,106	30,772	26,748	21,468	21,005
EBIT	89,812	93,981	76,899	44,046	53,081	36,329
EBIT Margin	15.48%	16.62%	13.91%	8.86%	13.48%	10.57%
Effective Tax Rate	24.59%	26.36%	24.87%	28.02%	27.71%	24.36%

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