Sales and Earnings Up at Yokohama Rubber in First Three Quarters of 2012
Yokohama Rubber Co., Ltd., announced today that both sales and earnings increased in the first three quarters of 2012. Net income at Yokohama in the first three quarters surged to 17.4 billion yen, compared with 1.1 billion yen in the same period of the previous year, as operating income increased 182.8 per cent, to 26.3 billion yen, and a 1.5 per cent increase in net sales, to 393.1 billion yen. Yokohama also maintained full-year predictions made in August for net income of 30 billion yen, operating income of 49 billion yen, and net sales to 576 billion yen.