Yokohama Rubber

YOKOHAMA to Exhibit at Russia’s InterAuto 2013


Tokyo - The Yokohama Rubber Co., Ltd., announced today that it will participate in InterAuto 2013, Russia’s 9th international exhibition of automotive industry, to be held in Moscow during August 28-31. The YOKOHAMA exhibit will feature three core tire brands - the high-performance "ADVAN" line, the environmentally friendly "BluEarth" line, and the winter-safe "iceGUARD" line - while also displaying tires for trucks and buses, and aluminum wheels. The exhibit is designed to further raise awareness in Russia of YOKOHAMA as a comprehensive tire manufacturer and spread the "High-Performance YOKOHAMA" brand image.

The "ADVAN" zone at the show will introduce to Russian car enthusiasts the diverse "ADVAN" line, including the "ADVAN A005" racing tire, the YOKOHAMA’s global flagship tire "ADVAN Sport V105", which is being factory-fitted on many premium automobiles, and the "ADVAN S.T.", the next-generation of SUV tire. To further appeal to the high-performance of "ADVAN" tires, the exhibit will display some of the racing vehicles and tuned cars that are participating in the Russian motor sports scene with support from YOKOHAMA and our high brand recognition.

YOKOHAMA Tire-equipped Car Wins 12-hour Malaysian Endurance Race for 3rd Straight Year


Tokyo - Yokohama Rubber Co., Ltd., announced today that a car equipped with its global flagship brand "ADVAN" racing tire won the overall championship at the 12-hour Malaysia Merdeka Endurance Race 2013 (MMER 2013) held during August 29-31. This marks the third straight year that the race has been won by a car equipped with YOKOHAMA tires. On a course known for its extremely high road surface temperature, the YOKOHAMA tires’ superior wear resistance limited grip loss over the long race, thereby making a big contribution to the victory.

The winning No. 7 car was a "Clearwater Racing" Ferrari 458 Italia GT3 driven by Mok Weng Sun, Craig Baird, and Hiroshi Hamaguchi. In the preliminary race, the YOKOHAMA-equipped Mercedes-Benz SLS AMG GT3 that won MMER in 2011 and 2012 came in first, with the runner-up spots taken by other YOKOHAMA-equipped cars. In the final, the YOKOHAMA-equipped No. 007 Aston Martin Vantage V8 GT3 and the No. 1 and No. 28 cars, both Mercedes-Benz SLS AMG GT3s, set the pace in the early stages but those cars soon fell down the leaderboard. The race then became a three-way contest between the No. 7 car, the No.3 car, also a Ferrari 458, and the No. 23 Lamborghini LP560-4. The No. 3 car led for most of the night, but the No. 7 car took the lead shortly after dawn, built a big lead and took the checkered flag after completing a record 323 laps, beating the last years’ record. After the race, winning team driver Hiroshi Hamaguchi said, "The machine had great fuel efficiency and ran trouble-free. We installed soft tires for the night race, and they worked great. I felt very little grip loss even after running for 40 minutes."

For the years ended December 31, 2013, 2012, the nine months ended December 31, 2011, and the years ended March 31, 2011
(Millions of Yen)
 2013
(projections) 2012＊ 2011
(4/11-12/11)＊ 2011
(4/10-3/11)

Net sales 610,000 559,700 465,133 519,742
           Percent increase(decline) 9.0 - - 11.4

Operating income 59,000 49,696 26,290 29,490
           Percent increase(decline) 18.7 - - 37.5

Ordinary income 56,000 52,365 20,717 23,356
           Percent increase(decline) 6.9 - - 24.6

Net income 36,000 32,611 11,618 13,923
           Percent increase(decline) 10.4 - - 21.2

Total assets - 543,829 501,786 478,915
           Percent increase(decline) - - - 2.6

Total net assets - 211,349 168,286 170,871
           Percent increase(decline) - - - 4.6

Interest-bearing debt - 146,284 161,998 146,773
           Percent increase(decline) - - - (5.1)

＊ Yokohama switched in 2011 to a calendar-year fiscal term, which resulted in a one-time-only nine-month fiscal term.
　　On account of that change, year-on-year comparisons are unavailable.
　  
Per Share (yen):        

Net income 111.38 97.87 34.68 41.55

Total net assets - 631.64 484.04 489.27

Cash dividends 22.00 20.00 7.00 10.00

 
Key Management Indices        

Return on equity  (1)  (percent)

- 17.8 7.1 8.6