Yokohama Rubber forecasts further sales, earnings growth in '26

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) expects further growth in both sales and earnings in fiscal 2026, following record results in 2025.

For the year ending 31 Dec 2026, YRC forecasts revenue of Yen1,300 billion (€7.06 billion), up 5.3% from Yen1,235.0 billion in 2025, said the group 20 Feb.

Earnings (business profit) are projected to reach Yen188 billion, a 13.0% increase from Yen166.6 billion last year.

The outlook assumes exchange rates of USD/JPY 145 and EUR/JPY 171.

YRC said fiscal 2026 marks the final year of its YX2026 medium-term management plan and follows the acquisition of Goodyear’s off-the-road (OTR) tire business, which it said has completed its lineup of “strategically important products” and positioned the group as the industry’s “Best Alternative”.

In 2025, YRC reported double-digit growth, with revenue rising 12.8% year-on-year and earnings up 24%, marking the fifth consecutive year of expansion.

For 2026, the group said it will focus on expanding sales of high-value-added consumer tires, leveraging synergies in its off-highway tire (OHT) multi-brand strategy, strengthening its global production system and implementing further cost reductions.

The group did not provide segment-level guidance but indicated that business growth and reinforcement of the management base remained priorities as it completes the YX2026 plan.