Yokohama Rubber has reported January to September net income up to JPY25bn (US$215m), from JPY20bn, with net sales rising 4.2% to JPY430bn.

Driving the nine-month sales performance were gains in Yokohama’s core tyre operations, led by growth in original equipment business in Japan and by rises in overseas markets.

Yokohama also posted increases in industrial products and in other products, led by rises in sealants, adhesives and in golf equipment.

The nine-month gains in sales and profitability benefited greatly from declining prices for raw materials and the weakening of the yen.

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