Segment Information

Business Segment

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(Millions of Yen)

    2024 (IFRS) 2023 (IFRS) 2022 (IFRS) 2021 (IFRS)
Sales revenue Tires 980,896 874,863 754,309 470,203
 (YOHT) (142,309) (132,109) (155,809)
 (Y-TWS) (149,058) (103,740)
MB 105,249 101,885 96,248 84,438
ATG 107,284
Other 8,600 8,585 9,919 8,884
Business profit Tires 127,157 92,026 66,843 42,686
 (YOHT) (18,383) (17,573) (22,106)
 (Y-TWS) (9,119) (1,840)
MB 8,577 7,155 3,965 3,781
ATG 14,714
Other -1,360 -76 -758 1,096
Intersegment eliminations 5 22 40 62

* 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.

* 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)

    2024 (IFRS) 2023 (IFRS) 2022 (IFRS) 2021 (IFRS)
Sales revenue Japan 295,660 278,828 257,784 237,686
North America 321,615 308,975 303,279 199,917
Asia 157,798 142,491 135,017 104,484
Other regions 319,674 255,038 164,396 128,723

* 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.