Yokohama´s sales up, earnings down through three quarters

Tokyo — Yokohama Rubber Co. Ltd. suffered double-digit declines in operating and net income for the nine months ended Dec. 31, but sales were up and management is raising its full-year forecast over that issued in November.

Operating income fell 18.3 percent, to $147 million, largely on the effects of higher raw materials costs. Net income slipped 29.8 percent, to $117.8 million, on the additional effect of a tax benefit the previous year that enhanced fiscal 2006 results.

Sales on other hand rose 10.2 percent to $3160…

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