Segment Information

Business Segment

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(Millions of Yen)

    2023 (IFRS) 2022 (IFRS) 2021 (IFRS) 2020 (IFRS)
Sales revenue Tires 874,863 754,309 470,203 399,202
 (YOHT) (132,109) (155,809)
 (Y-TWS) (103,740)
MB 101,885 96,248 84,438 79,042
ATG 107,284 65,096
Other 8,585 9,919 8,884 7,750
Business profit Tires 92,026 66,843 42,686 23,985
 (YOHT) (17,573) (22,106)
 (Y-TWS) (1,840)
MB 7,155 3,965 3,781 2,898
ATG 14,714 8,812
Other -76 -758 1,096 78
Intersegment eliminations 22 40 62 103

* Business profit = Sales revenue - (cost of sales + selling, general and administrative expenses)

* Yokohama has divested its Hamatite sealants and adhesives business in November 2021. The company has therefore reclassified its Hamatite business, formerly included in the MB (Multiple Business) segment, as discontinued operations for the fiscal years ended December 31, 2021 and 2020.

* The results of YOHT and Y-TWS are included in the tire business (YOHT: from 2022, Y-TWS: from 2023). These results are shown for reference.

Sales by Customer Location

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(Millions of Yen)

    2023 (IFRS) 2022 (IFRS) 2021 (IFRS) 2020 (IFRS)
Sales revenue Japan 323,321 257,784 237,686 227,164
North America 230,876 303,279 199,917 149,430
Asia 137,586 135,017 104,484 79,894
Other regions 293,549 164,396 128,723 94,602

* Yokohama has divested its Hamatite sealants and adhesives business in November 2021. The company has therefore reclassified its Hamatite business, formerly included in the MB (Multiple Business) segment, as discontinued operations for the fiscal years ended December 31, 2021 and 2020.