Yokohama Rubber Sales and Earnings Down
Yokohama Rubber Co., Ltd., first quarter sales are down 22.7 per cent compared with the same period in the previous financial year. Yokohama's sales totalled 95.2 billion yen in the three months to 30 June 2009. The company's Tire Group sales slumped amid weak demand in Japan and in North America, western Europe, and “most other overseas markets,” according to the company. Although Yokohama posted tyre sales gains in the Russian and Chinese markets.