THE YOKOHAMA RUBBER CO.,LTD. : News Release


News Release
 
Key Management Indices
For the Years Ended March 31, 2010, 2009, 2008, 2007 and 2006
(%)
Profitability 2010 2009 2008 2007 2006
Operating margin 4.6 2.5 6.0 4.2 4.9
Ordinary income margin 4.0 0.1 4.6 4.0 4.2
Return on sales 2.5 (1.1) 3.8 3.3 4.7
Return on equity  (1)
7.7 (3.6) 11.8 9.3 14.0
Return on assets  (2)
2.4 (1.1) 4.0 3.2 4.6
 
Stability
Current ratio  (3)
96.4 93.0 100.0 100.4 96.5
Fixed assets to net worth  (4)
168.5 187.2 165.0 175.5 176.1
Equity ratio  (5)
34.1 29.6 33.5 33.9 34.0
Debt-to-Equity ratio  (6)
0.97 1.28 0.94 0.92 0.96
 
Efficiency
Capital turnover  (7)
0.99 1.03 1.04 0.96 0.97
Inventory turnover  (8)
6.03 6.04 6.76 6.64 6.78
 
Per share
Net income 34.27 (16.87) 62.81 48.79 62.75
Shareholders' equity 475.26 417.45 525.96 542.10 508.64
Cash dividends
10.00 10.00 13.00 12.00 10.00
 
Number of consolidated companies 127 156 155 157 160
Number of employees at year-end 17,566 16,772 16,099 15,423 14,617
(1) Return on equity = Net income / Average* shareholders' equity ~ 100
(2) Return on assets = Net income / Average* total assets ~ 100
(3) Current ratio = Current assets / current liabilities x 100
(4) Fixed assets to net worth = Fixed assets / Shareholders' equity ~ 100
(5) Equity ratio = Shareholders' equity / Total assets ~ 100
(6) Debt-to-Equity ratio = Total liabilities / Shareholders' equity
(7) Capital turnover = Net sales / Average total assets*
(8) Inventory turnover = Net sales / Average inventory*

*(beginning balance + ending balance) / 2
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