THE YOKOHAMA RUBBER CO.,LTD. : News Release


News Release
 
For the Years Ended March 31, 2011, 2010, 2009 and 2008

Millions of Yen
  2011 (estimates) 2010 2009 2008
Net sales 520,000 466,358 517,262 551,431
            Percent increase(decline) 11.5 (9.8) (6.2) 10.9
Operating income 18,000 21,454 12,808 33,118
            Percent increase(decline) (16.1) 67.5 (61.3) 57.2
Ordinary income 14,500 18,744 371 25,164
            Percent increase(decline) (22.6) 511 (98.5) 25.3
Net income 8,000 11,486 (5,654) 21,060
            Percent increase(decline) (30.4) - - 28.7
Total assets   466,973 473,376 526,191
            Percent increase(decline)   (1.4) (10.0) (1.9)
Shareholders' equity   163,382 144,159 181,538
            Percent increase(decline)   13.3 (20.6) (2.7)
Interest-bearing debt   154,673 179,379 165,614
            Percent increase(decline)   (13.8) 8.3 (1.1)
 
Per Share (yen):        
Net income 23.87 34.27 (16.87) 62.81
Shareholders' equity   475.26 417.45 525.96
Cash dividends 10.00 10.00 10.00 13.00
 
Key Management Indices        
Return on equity  (1)  (percent)
  7.7 (3.6) 11.8
Return on assets  (2)  (percent)
  2.4 (1.1) 4.0
Operating margin (percent)   4.6 2.5 6.0
Capital turnover  (3)  (times)
  0.99 1.03 1.04
Debt-to-Equity ratio (4)  (times)
  0.97 1.28 0.94
(1) Return on equity = Net income / Average* shareholders' equity x 100
(2) Return on assets = Net income / Average* total assets x 100
(3) Capital turnover = Net sales / Average total assets*
(4) Debt-to-Equity ratio = Total liabilities / Shareholders' equity
*(beginning balance + ending balance) / 2

Net Sales Net Income
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