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Yokohama Rubber Co ( (JP:5101) ) has provided an update.
Yokohama Rubber Co., Ltd. has refinanced its acquisition of Goodyear’s Off-the-Road Tire business through a syndicated loan agreement and a separate loan agreement with the Japan Bank for International Cooperation. This move is aimed at converting the initial bridge loan into long-term, fixed-rate, low-interest loans, thereby reducing its cost of capital and supporting sustainable corporate growth. The refinancing is expected to have minimal impact on the company’s financial results for the fiscal year ending December 2025.
The most recent analyst rating on (JP:5101) stock is a Buy with a Yen5000.00 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
Yokohama Rubber Co., Ltd. operates in the tire manufacturing industry, focusing primarily on producing tires for various vehicles, including mining and construction machinery. The company is known for its strategic investments and strong financial relationships with multiple banks, aiming to enhance its corporate value while maintaining financial leverage.
YTD Price Performance: 16.14%
Average Trading Volume: 690,977
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen613.6B
See more data about 5101 stock on TipRanks’ Stock Analysis page.