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Yokohama Rubber Co ( (JP:5101) ) has provided an update.
Yokohama Rubber has booked an extraordinary gain after receiving a partial return of assets from its retirement benefit trust, which had been overfunded relative to its defined benefit obligations and is expected to remain so. The company recovered ¥21.5 billion from the trust, recognizing about ¥14 billion as extraordinary income in its non-consolidated results for the fiscal year ending December 31, 2025, while confirming that the transaction will have no impact on its consolidated financial statements prepared under IFRS.
The most recent analyst rating on (JP:5101) stock is a Buy with a Yen7200.00 price target. To see the full list of analyst forecasts on Yokohama Rubber Co stock, see the JP:5101 Stock Forecast page.
More about Yokohama Rubber Co
The Yokohama Rubber Co., Ltd. is a Japanese manufacturer in the rubber and tire industry, best known for its automotive tires and related rubber products, and is listed on the Tokyo Stock Exchange Prime Market under securities code 5101.
Average Trading Volume: 648,815
Technical Sentiment Signal: Buy
Current Market Cap: Yen1003.6B
See more data about 5101 stock on TipRanks’ Stock Analysis page.