GD2020 Positioning/Financial Targets
We at Yokohama Rubber have launched a new medium-term management plan as Grand Design 2020 (GD2020). The plan covers the three years from 2018 to 2020.
GD2020 Positioning
GD2020 is a framework for fortifying our business foundation by redefining our strengths and by deploying a growth strategy based on original approaches. We are counting on that framework to support new strides for Yokohama in the decade of the 2020s.
Financial Targets(By 2020)
| Sales revenue | \700 billion |
|---|---|
| Operating profit and operating profit margin | \70 billion, 10% |
| Debt/equity ratio | 0.6 |
| Return on equity | 10% |
| Operating cash flow | Three-year total of \200 billion |
| Investment | Within scope of depreciation (not including strategic investments) |
