Yokohama Maruuo announces solid interim performance, share buyback

Yokohama Maruuo Co., Ltd. announced its consolidated financial results for the second quarter of the fiscal year ending March 2026, reporting net sales of JPY 18,745 million, a slight decrease of 0.9% year-over-year. Operating profit was JPY 132 million, a 2.6% decline, while ordinary profit increased by 13.8% to JPY 360 million, driven by higher dividend income from investment securities. Net income attributable to owners of the parent remained flat at JPY 231 million.

The company also declared an interim dividend of JPY 15.00 per share, consistent with its earlier forecast, and aims for a full-year dividend of JPY 30.00 per share. This interim dividend is part of the newly introduced interim dividend system to enhance shareholder returns.

In a separate announcement, Yokohama Maruuo revealed a plan to acquire up to 500,000 of its own shares, representing 7.85% of outstanding shares (excluding treasury shares), for a total maximum value of JPY 552 million. The share buyback, scheduled for November 7, 2025, aims to implement agile capital policies and improve capital efficiency. The acquired shares are primarily intended for cancellation.