Strong Sales of New Vehicle Tires Lift Yokohama Rubber’s Revenue, Profit

Yokohama Rubber Co. Ltd. (TYO:5101) has released its business results for the combined first three quarters (January–September) of the fiscal year ending Dec. 31, 2017, showing strong performance. For this period, the company reported 466.79 billion yen ($4.12 billion) in net sales, up 13.8 percent year-on-year, and 26.38 billion yen in operating profit, up 39.7 percent. Meanwhile, ordinary profit was…

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