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Japanese tire maker selling passenger, truck and industrial tires plus rubber and hose products.
Japanese tire maker selling passenger, truck and industrial tires plus rubber and hose products.
Sells tires two ways: as original equipment to car makers and as replacements through dealers and retailers, and the replacement side is generally steadier because it follows the cars already on the road. The 2016 purchase of Alliance Tire Group added off-highway tires for farm and construction machines, a business separate from car tires.
In one line: Japan's Goodyear/Cooper Tire.
Moat: narrow (brand, scale). Established global tire brand with OE and replacement distribution scale.
Headquarters: Hiratsuka, Japan · Founded: 1917 · Employees: 34,471
Size Yokohama Rubber (5101.T) is a Japan Consumer Discretionary company (Automotive Aftermarket) with a market value of $6.78B, the 186th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥6,774 on 6 Nov 2026.
Performance Over six months the shares gained 8.5%, against +1.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 19 in its peer set.
Growth Revenue grew 12.8% over the last twelve months (peer median +4.1%); the operating margin is 15.5% (peer median 8.9%).
Valuation It trades at 8.1× forward earnings against a peer median of 14.6× (2nd cheapest of 19).
Capital Return on invested capital runs 0.6 points below its cost of capital (9.2% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.30T | ¥1.23T | ¥1.09T | ¥985B | ¥860B |
| Revenue growth | — | +13% | +11% | +15% | — |
| Gross profit | ¥496B | ¥447B | ¥390B | ¥326B | ¥288B |
| EBITDA | ¥279B | ¥240B | ¥201B | ¥159B | ¥120B |
| Net income | ¥142B | ¥105B | ¥74.9B | ¥67.2B | ¥45.9B |
| Free cash flow | -¥20.3B | ¥24.0B | ¥17.5B | ¥101B | -¥15.1B |
| Capital expenditure | ¥123B | ¥112B | ¥77.8B | ¥58.7B | ¥54.9B |
| Total debt | ¥615B | ¥589B | ¥487B | ¥518B | ¥280B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Yokohama Rubber 5101.T | $6.78B | +8% | +13% | 15% | 8.1× | n/a |
| Bridgestone 5108.T | $31.7B | +28% | +6% | 12% | 14.0× | -1.9% |
| Hankook Tire & Technology 161390.KS | $5.56B | +5% | +43% | 10% | 6.1× | -13.2% |
| Cie Generale des Etablissements Michelin ML.PA | $25.1B | +5% | -4% | 10% | 12.6× | 3.7% |
| Goodyear Tire & Rubber GT | $1.26B | -33% | -4% | 3% | n/a | 5.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 5101.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.8% | +1.9% | 3rd lowest of 19 |
| 6-month return | +8.5% | +1.5% | 5th highest of 19 |
| Distance from 52-week high | -18.3% | -20.9% | 9th highest of 19 |
| Revenue growth (TTM) | +12.8% | +4.1% | 5th highest of 19 |
| Operating margin | 15.5% | 8.9% | 3rd highest of 18 |
| Forward P/E | 8.1× | 14.6× | 2nd cheapest of 19 |
| ROIC minus cost of capital | -0.6 pp | -0.2 pp | 9th lowest of 18 |
| EV / EBITDA | 5.5× | 7.6× | 5th cheapest of 12 |
| Net debt / EBITDA | 1.7× | 1.1× | 4th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yokohama Rubber 5101.T | Japan | $6.78B | +8% | +13% | 15% | 8.1× | n/a | n/a |
| Sailun 601058.SS | China | $5.92B | -10% | +12% | 12% | 10.4× | n/a | n/a |
| MRF MRF.NS | India | $5.62B | -4% | +11% | 10% | 25.7× | 20.7% | +14.0% |
| Hankook Tire & Technology 161390.KS | South Korea | $5.56B | +5% | +43% | 10% | 6.1× | -13.2% | +26.9% |
| Pirelli & C PIRC.MI | Italy | $8.27B | +10% | -1% | -9% | 13.3× | -2.4% | +9.5% |
| LKQ LKQ | United States | $5.06B | -31% | -3% | 7% | 9.3× | 0.0% | +3.3% |
| Balkrishna Industries BALKRISIND.NS | India | $4.93B | +7% | +20% | 15% | 30.5× | n/a | n/a |
| Dorman Products DORM | United States | $4.03B | +10% | +2% | 16% | 15.8× | 4.3% | +14.3% |
| Sumitomo Rubber Industries 5110.T | Japan | $3.40B | +1% | +5% | 8% | 9.8× | -3.3% | +8.8% |
| Toyo Tire 5105.T | Japan | $3.17B | +6% | +4% | 15% | 8.2× | -7.3% | +11.6% |
| Cheng Shin Rubber Ind 2105.TW | Taiwan | $2.95B | -3% | -1% | 9% | 20.3× | -9.3% | -1.2% |
| Continental CON.DE | Germany | $15.8B | +2% | -35% | n/a | 12.1× | -0.2% | -9.2% |
| Apollo Tyres APOLLOTYRE.NS | India | $2.80B | +1% | +14% | 8% | 16.6× | 15.6% | +10.7% |
| Zhongce Rubber Group Co., Ltd. A 603049.SS | China | $2.70B | -19% | +14% | 8% | 9.7× | n/a | n/a |
| Qingdao Sentury Tire 002984.SZ | China | $2.62B | -25% | +2% | 8% | 16.7× | 3.4% | +12.8% |
| Shandong Linglong Tyre 601966.SS | China | $2.32B | -19% | +8% | 3% | 50.3× | -0.4% | +6.0% |
| Nokian Renkaat TYRES.HE | Finland | $2.21B | +37% | +5% | 6% | 27.4× | 19.4% | +0.9% |
| Cie Generale des Etablissements Michelin ML.PA | France | $25.1B | +5% | -4% | 10% | 12.6× | 3.7% | +4.9% |
| Haian Rubber 001233.SZ | China | $1.82B | +9% | -4% | 23% | 25.6× | 1.8% | +13.7% |