Last Updated: Feb 19, 2018
Yokohama’s profit attributable to owners of parent climbed 87.5% in fiscal 2017 (January to December 2017), to 35.2 billion yen, on gains of 22.7% in operating income, to 51.9 billion yen, and 12.1% in net sales, to 668.0 billion yen. Yokohama’s annual net sales total was the highest ever for the company.
Yokohama will begin reporting its fiscal results based on the International Financial Reporting Standards (IFRS) when it issues its Yukashoken hokokusho (“Yuho,” securities report) for fiscal 2017. Calculating the full-year results for 2017 on an unaudited IFRS trial basis results in figures of 39.6 billion yen for profit attributable to owners of parent, 54.2 billion yen for operating income, and 646.3 billion yen for net sales.
Yokohama’s IFRS-based fiscal projections for 2018 call for profit attributable to owners of parent to increase 1.0%, to 40.0 billion yen, on a 10.7% increase in operating income, to 60.0 billion yen, and a 3.7% increase in net sales, to 670.0 billion yen.
Click on the link below for the latest quarterly information about our fiscal performance: News Release