TOYO TIRE (5105) Earnings: Operating Income Decreases 22.2% YoY to 37.497 Billion Yen

TOYO TIRE (Ticker: 5105) announced its financial results, reporting that operating income decreased 22.2% YoY to 37.497 billion yen. Net sales reached 284.19 billion yen, a slight increase of 0.3% compared to the same period of the previous year. Meanwhile, other profit indicators showed a decline: ordinary income decreased 9.9% to 39.415 billion yen, and net income attributable to owners of the parent dropped 11.7% to 29.436 billion yen.

From a financial and valuation perspective, the company maintains a robust equity ratio of 71.6%, highlighting a highly secure financial foundation. Retained earnings stand at 338.55 billion yen, significantly exceeding interest-bearing debt of 61.4 billion yen. Furthermore, capital efficiency remains strong with an ROE (Return on Equity) of 13.30% and an ROA (Return on Assets) of 7.77%. EBITDA reached 56.35 billion yen, and earnings per share (EPS) registered at 191.14 yen.