Toyo Tire & Rubber has net profit of US$140 million in FY2012

Toyo Tire & Rubber Co., Ltd. recently released financial data for fiscal year 2012 (April-December 2012). Since the company started using the calendar year as its financial reporting cycle from last year, the data for fiscal year 2012 cannot be directly compared with the same period in fiscal year 2011. Compare.

In fiscal 2012, the net sales of Toyo Tire & Rubber Co., Ltd. totaled 291.1 billion yen (approximately US$3.12 billion), operating profit reached 15.7 billion yen (approximately US$1.7 billion), and operating margin was 5.4%; net profit for FY2012 It reached 13.2 billion yen (about 140 million U.S. dollars).

The financial data of Dongyang Tire & Rubber Co., Ltd. for fiscal year 2011 (April 2011 to March 2012) are listed here for reference. The company’s net sales for fiscal year 2011 were 320.6 billion yen (approximately US$3.43 billion), operating profit was 12.9 billion yen (approximately US$140 million), and net profit was 6.7 billion yen (approximately US$72 million).

The 2013 fiscal year (January to December 2013) expects:

Toyo Tire & Rubber Co., Ltd. expects its net sales for the current fiscal year to reach 360 billion yen (approximately US$3.85 billion), operating profit and net profit will reach 19 billion (approximately 200 million U.S. dollars) and 12 billion yen (approximately 130 million yen) respectively. USD).