Overview
Rubber Products

The Yokohama Rubber Company,Limited

Yokohama Rubber is a leading Japanese tire and rubber products manufacturer offering a broad portfolio including passenger car, truck/bus, agricultural, industrial, and construction vehicle tires under the YOKOHAMA and Alliance/TWS brands. Beyond tires, the company produces MB (Multi-Business) products such as conveyor belts, industrial hoses, marine fenders, and aerospace components. The company also operates PRGR, a golf equipment brand, and pursues its medium-term plan 'Yokohama Transformation 2026 (YX2026)' to drive growth and transformation.

Market Cap
¥1,010B
US$6.44B
EV
¥1,519B
US$9.69B
Stock¥6,401▼-2.82%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
7.3
x
LTM PER
7.1
x
LTM PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-6.5%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 19, 26FY2025 earnings: strong op. profit growth
MC → EV Bridge
1,010BUS$6.44BMarket Cap668BUS$4.26B+ Debt147BUS$938M− Cash20.8BUS$133M− Inv. Sec.9.04BUS$57.7M+ NCI1,519BUS$9.69BEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
671US$4.28B'21/12860US$5.49B'22/12985US$6.28B'23/121,095US$6.98B'24/121,235US$7.88B'25/12
EBITDA 5Y (¥B)
129US$824M'21/12119US$757M'22/12160US$1.02B'23/12185US$1.18B'24/12227US$1.44B'25/12
Net Income 5Y (¥B)
65.5US$418M'21/1245.9US$293M'22/1267.2US$429M'23/1274.9US$478M'24/12105US$672M'25/12
Capital Structure
63%
37%
EquityD/E 0.59xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
42.5US$271M177US$1.13B'21/1275.6US$482M239US$1.52B'22/1297.6US$623M469US$2.99B'23/12136US$869M487US$3.10B'24/12107US$685M589US$3.76B'25/12
Shareholders
Top 10 hold 56.3%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
19.67%
2
Custody Bank of Japan, Ltd. (Trust Account)
17.54%
3
Asahi Mutual Life Insurance Company
6.91%
4
Mizuho Bank, Ltd.
3.80%
5
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.79%
6
The Bank of Yokohama, Ltd.
1.58%
7
The Yokohama Rubber Company,Limited Business Partners' Stock Ownership Association
1.37%
8
SMBC Nikko Securities Inc.
1.27%
9
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.22%
10
Furukawa Electric Co.,Ltd.
1.19%
Management
12 officers
Masataka YAMAISHI
Representative Director, Chairman and CEO (Overall Management, Regional Business, Planning and Administration, MB, General Manager, Corporate Planning Division)
Apr 1986 Joined the Company Jun 2007 Appointed General Manager, MD Promotion Office, the Company Nov 2008 Appointed General Manager, GD100 Promotion Office, the Company Jan 2010 Appointed General Manager, Secretarial Office, the Company Jan 2012 Appointed Representative Director and President, Yokohama Europe GmbH Oct 2013 Appointed Deputy General Manager, Corporate Planning Division, the Company Oct 2013 Appointed General Manager, Corporate Planning Office, the Company Oct 2013 Appointed Representative Director and President, Acty Co., Ltd. Mar 2014 Appointed Executive Officer, the Company Oct 2014 Appointed Assistant to Tire Division Executive, the Company Mar 2015 Appointed Director, the Company Mar 2015 Appointed General Manager, Tire Planning Division, the Company Mar 2015 Appointed Representative Director and President, Yokohama Motorsports International Co., Ltd. Apr 2015 Appointed General Manager, Corporate Planning Department, the Company Mar 2016 Appointed General Manager, Corporate Planning Division, the Company Mar 2016 Appointed in charge of IT Planning Division, the Company Jul 2016 Appointed Managing Executive Officer, the Company Oct 2016 Appointed in charge of Tire Division, the Company Mar 2017 Appointed Representative Director and President, the Company Mar 2024 Appointed Representative Director, Chairman and CEO, the Company (current)
1962-06-05
Shinji KIYOMIYA
Representative Director, President and COO (Technology, Production, Quality Assurance, IT, TBR Business, Progear, General Manager, Tire Production Division)
Apr 1989 Joined the Company Apr 2012 Appointed General Manager, Tire Technical Management Department, the Company Oct 2014 Appointed General Manager, Tire First Design Department, the Company Mar 2017 Appointed Deputy General Manager, Tire Consumer Products Development Division, the Company Mar 2017 Appointed General Manager, Tire Second Design Department, the Company Mar 2019 Appointed Executive Officer, the Company Mar 2019 Appointed General Manager, Tire Product Development Division, the Company Mar 2019 Appointed General Manager, Tire First Design Department, the Company Mar 2021 Appointed Assistant to Technology General Manager, the Company Mar 2022 Appointed Director, the Company Mar 2022 Appointed Technology General Manager, the Company Mar 2022 Appointed in charge of Quality Assurance Division, the Company Mar 2023 Appointed Managing Executive Officer, the Company Mar 2023 Appointed Technology and Production General Manager, the Company Mar 2023 Appointed in charge of IT Planning Division, the Company Mar 2024 Appointed Representative Director, President and COO, the Company (current)
1964-12-20
Nitin MANTRI
Director and Co-COO (OHT Business, India Business)
Mar 2001 Joined The Boston Consulting Group Aug 2003 Joined Cummins Inc. Jun 2012 Appointed President, Cummins Fuel Systems Feb 2017 Joined ATC Tires Private Limited May 2017 Appointed Director and CEO, ATC Tires Private Limited Mar 2018 Appointed Executive Officer, the Company Oct 2019 Appointed Chairman of the Board, Yokohama India Private Limited (current) Mar 2020 Appointed Director, the Company (current) Mar 2021 Appointed General Manager, OHT Business Division, the Company (current) Mar 2021 Appointed Representative Director, Yokohama Off-Highway Tire Co., Ltd. (current) Mar 2022 Appointed Managing Executive Officer, the Company Mar 2023 Appointed Chairman of the Board, Yokohama Tyre Vietnam Inc. (current) Mar 2024 Appointed Senior Managing Executive Officer and Co-COO, the Company (current)
1970-03-29
Tomoaki MIYAMOTO
Director; General Manager, Tire Domestic Replacement Sales Division; in charge of Management Administration Division; in charge of CSR Division; Plant Manager, Hiratsuka Plant
Apr 1990 Joined the Company Apr 2013 Appointed Senior Managing Director, Yokohama Motorsports International Co., Ltd. Apr 2015 Appointed General Manager, Tire Domestic Replacement Sales Planning Department, the Company Jul 2015 Appointed Director, Yokohama Tire Japan Co., Ltd. (current) Mar 2018 Appointed Deputy General Manager, Tire Domestic Replacement Sales Division, the Company Mar 2018 Appointed General Manager, Tire Domestic Replacement Sales Planning Department, the Company Aug 2018 Appointed Deputy General Manager, Tire Domestic Replacement Sales Division, the Company Aug 2018 Appointed General Manager, Tire Domestic Replacement Sales Planning Department, the Company Mar 2019 Appointed Executive Officer, the Company Mar 2019 Appointed General Manager, Tire Domestic Replacement Sales Division, the Company Mar 2022 Appointed Managing Executive Officer, the Company (current) Mar 2023 Appointed Director, the Company (current) Mar 2023 Appointed General Manager, Tire Consumer Products Planning Division, the Company Mar 2023 Appointed in charge of Management Administration Division, the Company (current) Aug 2023 Appointed Plant Manager, Hiratsuka Plant, the Company (current) Jan 2025 Appointed in charge of CSR Division, the Company (current) Mar 2026 Appointed in charge of Tire Domestic Replacement Sales Division, the Company (current)
1966-09-23
Masahiro YUKI
Director; in charge of Accounting Department and IR Office; General Manager, Tire Planning Division
Apr 1991 Joined the Company Jan 2012 Appointed General Manager, Secretarial Office, the Company Sep 2013 Appointed Vice President and Director, Yokohama Tire Philippines, Inc. Sep 2013 Appointed President and Director, Yokohama Tire Sales Philippines, Inc. Apr 2015 Appointed General Manager, Tire Overseas Sales Planning Department, the Company Oct 2016 Appointed General Manager, Tire Planning Department, the Company Mar 2018 Appointed Deputy General Manager, Tire Planning Division, the Company Mar 2019 Appointed Executive Officer, the Company Mar 2019 Appointed General Manager, Tire Planning Division, the Company Mar 2020 Appointed Chairman of the Board, Yokohama Rubber (China) Co., Ltd. Mar 2023 Appointed Director, the Company Mar 2023 Appointed General Manager, Corporate Planning Division, the Company Mar 2023 Appointed in charge of Quality Assurance Division, the Company Jun 2023 Appointed Director, Kanagawa Chuo Kotsu Co., Ltd. (current) Nov 2023 Appointed in charge of Accounting Department, the Company Mar 2024 Appointed Deputy General Manager, Tire Planning Division, the Company May 2024 Appointed in charge of Accounting Department and IR Office, the Company (current) Jan 2025 Appointed General Manager, Tire Planning Division, the Company Mar 2026 Appointed in charge of Tire Planning Division, the Company (current)
1968-10-11
Megumi SHIMIZU
Director
Mar 1993 Completed the Legal Training and Research Institute Apr 1993 Joined Nishimura Shinda Law Office (until Mar 1995) Apr 1999 Rejoined Nishimura Sogo Law Office Jan 2004 Partner Attorney, Nishimura Tokiwa Law Office (now Nishimura & Asahi) (current) Jun 2005 Graduated, Harvard Law School (LL.M.) Sep 2005 Worked at Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York (until Mar 2006) Dec 2015 Appointed Audit & Supervisory Board Member, EduLab Co., Ltd. Mar 2018 Appointed Audit & Supervisory Board Member, the Company Dec 2022 Appointed Director, Audit and Supervisory Committee Member, EduLab Co., Ltd. (current) Mar 2023 Appointed Director, the Company (current)
1968-07-22
Junichi FURUKAWA
Director
Apr 1990 Joined Asahi Mutual Life Insurance Company Apr 2007 Seconded to Asahi Life Asset Management Co., Ltd. as General Manager, Planning and General Affairs Department Aug 2008 Appointed General Manager, Forestry Business Division, Furukawa Forestry Co., Ltd. Oct 2009 Appointed Managing Director, Furukawa Forestry Co., Ltd. Apr 2010 Appointed Representative Director and President, Furukawa Forestry Co., Ltd. (current) Jun 2015 Appointed Outside Director, Hakudo Co., Ltd. (current) Jun 2019 Appointed Director, Chuo Fudosan Co., Ltd. (now Chuo Nihon Tochi Tatemono Co., Ltd.) (current) Apr 2020 Appointed Director, Chuo Nihon Tochi Tatemono Group Co., Ltd. (current) Mar 2023 Appointed Director, the Company (current)
1968-03-27
Hisako TAKADA
Director
Mar 1993 Joined Goldman Sachs Securities Co., Ltd. Aug 1998 Joined Sony Corporation Aug 2000 Joined UBS Securities Co., Ltd. Dec 2005 Joined GCA Corporation (now Houlihan Lokey K.K.) Apr 2014 Joined OMRON Corporation Mar 2021 Chief, CEO Office, OMRON Corporation Apr 2021 Executive Officer, OMRON Corporation Mar 2024 Appointed Director, the Company (current) Apr 2024 Managing Executive Officer and CFO, Advantest Corporation (current)
1970-07-10
Nobuhiko SASAKI
Director
Apr 1979 Joined the Ministry of International Trade and Industry Jun 1986 Completed Master's Program in Political Science, University of California, Berkeley Jul 2010 Appointed Director-General, Trade Policy Bureau, Ministry of Economy, Trade and Industry Sep 2012 Appointed Deputy Minister for Economic and Industrial Policy, Ministry of Economy, Trade and Industry Oct 2013 Appointed Advisor, Tokio Marine & Nichido Fire Insurance Co., Ltd. Sep 2015 Appointed Advisor, Fujitsu Limited Apr 2016 Appointed Senior Managing Executive Officer, Fujitsu Limited Apr 2018 Appointed Executive Vice President, Fujitsu Limited Apr 2019 Appointed President, Japan External Trade Organization (JETRO) Apr 2024 Appointed President, Japan-China Economic Association (current) Mar 2025 Appointed Director, the Company (current)
1955-01-28
Kota MATSUO
Director, Audit and Supervisory Committee Member (Full-time)
Apr 1989 Joined the Company Jun 2010 Appointed Deputy General Manager, Accounting Department, the Company Oct 2013 Appointed General Manager, Sports Marketing Department, the Company Jan 2015 Appointed Vice President and Director, Progear Co., Ltd. Jan 2015 Appointed General Manager, Sports Planning Office, the Company Mar 2016 Appointed General Manager, Accounting Department, the Company Jan 2017 Appointed Executive Officer, the Company Mar 2017 Appointed Representative Director and President, Yokohama Rubber Finance Co., Ltd. Mar 2018 Appointed Director, the Company Mar 2019 Appointed Managing Executive Officer, the Company Mar 2023 Appointed Director, Audit and Supervisory Committee Member, the Company (current)
1966-04-19
Hirokazu KONO
Director, Audit and Supervisory Committee Member
Mar 1980 Graduated, Department of Administration Engineering, Faculty of Engineering, Keio University Mar 1982 Completed Master's Program, Graduate School of Engineering, Keio University Mar 1987 Completed doctoral coursework, Graduate School of Engineering, Keio University (withdrew) Apr 1987 Assistant, Graduate School of Business and Management, Keio University Apr 1991 Associate Professor, Keio University May 1991 Doctor of Engineering, Keio University Jul 1991 Visiting Scholar, Harvard Business School (until Jul 1992) Apr 1998 Professor, Keio University Oct 2009 Chairman, Graduate School of Business and Management, Keio University Oct 2009 Dean, Keio Business School Jun 2011 Member, Independent Committee, the Company (until Mar 2014) May 2013 President, Japan Industrial Engineering Association (until May 2017) Jun 2014 Audit & Supervisory Board Member, Okasan Securities Group Inc. Jun 2015 Director, Audit and Supervisory Committee Member, Okasan Securities Group Inc. Jun 2015 Director, Stanley Electric Co., Ltd. (current) Mar 2018 Appointed Director, the Company Mar 2023 Appointed Director, Audit and Supervisory Committee Member, the Company (current) Apr 2023 Professor Emeritus and Specially Appointed Professor, Keio University (current) Jan 2025 Appointed Director, Miki Pulley Co., Ltd. (current)
1957-04-22
Hiroki KIMURA
Director, Audit and Supervisory Committee Member
Apr 1984 Joined Asahi Mutual Life Insurance Company Apr 2012 Appointed Executive Officer and General Manager, Finance and Real Estate Division, Asahi Mutual Life Insurance Company Apr 2013 Appointed Executive Officer and General Manager, Asset Management Division, Asahi Mutual Life Insurance Company Jul 2013 Appointed Director and Executive Officer, General Manager, Asset Management Division, Asahi Mutual Life Insurance Company Apr 2014 Appointed Director and Executive Officer, General Manager, Asset Management Department, Asahi Mutual Life Insurance Company Jun 2014 Appointed Audit & Supervisory Board Member, Kanto Denka Kogyo Co., Ltd. Apr 2015 Appointed Director and Managing Executive Officer, Asahi Mutual Life Insurance Company Apr 2016 Appointed Director and Managing Executive Officer, Asahi Mutual Life Insurance Company Jun 2016 Appointed Audit & Supervisory Board Member, Nippon Piston Ring Co., Ltd. Apr 2017 Appointed Representative Director and President, Asahi Mutual Life Insurance Company Mar 2019 Appointed Audit & Supervisory Board Member, the Company Jun 2020 Appointed Audit & Supervisory Board Member, Zeon Corporation (current) Jun 2021 Appointed Director, Audit and Supervisory Committee Member, Riken NPR Co., Ltd. (formerly Nippon Piston Ring Co., Ltd.) (current) Mar 2023 Appointed Director, Audit and Supervisory Committee Member, the Company (current) Apr 2024 Appointed Chairman and Representative Director, Asahi Mutual Life Insurance Company Apr 2025 Appointed Chairman of the Board, Asahi Mutual Life Insurance Company (current)
1962-01-19
Large Shareholding Reports
Sumitomo Mitsui DS Asset Management Company, Limited
2026-07-23
4.22%→4.68%
Amova Asset Management Co., Ltd.
2026-07-06
3.99%→3.96%
Nomura Asset Management Co., Ltd.
2026-07-01
9.81%→10.54%
Sumitomo Mitsui DS Asset Management Company, Limited
2026-06-05
4.22%
Amova Asset Management Co., Ltd.
2026-06-04
3.97%→3.99%
Nomura Asset Management Co., Ltd.
2026-03-30
10.55%→9.81%
Nomura Asset Management Co., Ltd.
2025-10-17
10.87%→10.55%
Nomura Asset Management Co., Ltd.
2025-09-25
11.10%→10.87%
Amova Asset Management Co., Ltd.
2025-09-19
3.93%→3.97%
Asset Management One Co., Ltd.
2025-09-12
6.55%→7.55%
Nomura Asset Management Co., Ltd.
2025-09-05
11.00%→11.10%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-10
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-07-06
Large Shareholding Report
EDINET
2026-07-01
Large Shareholding Report
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-06-04
Large Shareholding Report
TDnet
2026-05-15
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-30
Large Shareholding Report
EDINETAmended
2026-03-27
Amended Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-10-17
Large Shareholding Report
EDINET
2025-09-25
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-09-12
Large Shareholding Report
EDINET
2025-09-05
Large Shareholding Report
EDINET
2025-08-12
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →