Toyo Tire Corporation TSE:5105

Toyo Tire : Financial Results for 2nd Quarter of FY2025

Published

Source: MarketScreener

Financial Results for 2nd Quarter of FY2025

August 8, 2025



  1. Financial Results for 2nd Quarter (1st Half) of FY2025
  2. Financial Forecast for FY2025

  3. Topics



Highlights of Financial Results




  • Net sales amounted to 283. 4 billion yen, a record high* for the second quarter.

  • Operating income also reached a record high* for the second quarter, at 48.2 billion yen, driven chiefly by strong sales of large-diameter tires in North America.

  • Ordinary income and profit attributable to owners of parent declined year-on-year due to the recording of foreign exchange losses from the yen's appreciation.

  • On a full-year basis, operating income is forecast at 90.0 billion yen

    (up 5.0 billion yen from the previous forecast).

    * The highest figure since 2013, when the current accounting period was applied.

  • Annual dividend per share forecast has been revised upward to 130 yen (including a 5 yen commemorative dividend for the 80th anniversary) . (Rf. Previous forecast: 125 yen / FY2024 result: 120 yen)



* The highest figure since 2013, when the current accounting period was applied. 2/22

Financial Results for 2nd Quarter of FY2025 (Jan-Jun)




Millions of yen)

2025

1H Results

2024

1H Results

Change

Change (%)

2025

1H Forecast

Change

Net Sales

283,410

273,501

+9,908

+3.6%

277,000

+6,410

Operating Income

48,176

47,569

+606

+1.3%

38,000

+10,176

Margin

17.0%

17.4%

-

13.7%

-

Ordinary

Income

43,730

59,770

(16,039)

(26.8%)

30,000

+13,730

Profit Attributable to Owners of Parent*

33,330

42,005

(8,674)

(20.6%)

21,000

+12,330

2025

Apr-Jun Results

Change (YoY)

147,899

+1,955

25,756

17.4%

+4,162

25,474

(2,415)

19,825

+878







*Profit attributable to parent company shareholders



Interim

Dividends per Share

60 Yen 50 Yen +10 Yen

1 USD

1 EUR

149 Yen

162 Yen

150 Yen

163 Yen

(1 Yen)

(1 Yen)



3/22





Analysis of Operating Income for 2nd Quarter of FY2025(Jan-Jun) (vs 2024)

(Billions of yen) Tires

+0.2

Others

+0.4

47.6

+11.4 (1.8) (0.8)
(5.1) (2.3) (0.7) (0.4)

+0.4

48.2

(0.0)

2024

Sales

Production

SGA

Raw

Forex

Freight

Tariff

Automotive

Other

2025

1H

Factors

Cost

Expenses

Materials

Rate

Cost

Impact

Parts

1H

Sales Factors

Production Cost

SGA

Expenses

Raw Materials

Forex Rate

Freight Cost

Tariff Impact

Automotive Parts

Other

Total

Jan-Mar

+2.3

(2.5)

(0.9)

(2.8)

+0.6

(0.5)

+0.2

+0.0

(3.6)

Apr-Jun

+9.1

+0.7

+0.0

(2.3)

(2.9)

(0.2)

(0.4)

+0.2

(0.0)

+4.2



4/22