Yokohama Rubber Optimistic in Financial Forecast and Dividends

Yokohama Rubber Co (JP:5101) has released an update.

The Yokohama Rubber Co., Ltd. has announced an upward revision of its full-year consolidated earnings forecast for 2024, expecting increases in sales revenue, business profit, operating profit, and profit attributable to owners due to strong performance in the first half of the year and anticipated continued earnings strength. In addition, the company has resolved to increase its interim and year-end dividend forecasts, raising the interim dividend to 46 yen per share and the year-end dividend to 52 yen per share, reflecting a robust financial outlook and commitment to shareholder returns.

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