Yokohama Rubber to record ¥14 bn extraordinary gain from retirement benefit trust

The Yokohama Rubber Co., Ltd. today announced it will record a gain of approximately ¥14 billion from the return of retirement benefit trust assets as extraordinary income in its non-consolidated financial results for the fiscal year ending December 31, 2025. The company received a partial return of ¥21.5 billion from its retirement benefit trust assets on December 19, 2025, due to an overfunded status relative to defined benefit obligations, which is expected to continue.

This financial move stems from the company's establishment of retirement benefit trust assets to provide for future retirement benefits. The plan assets, including the retirement benefit trust assets, were deemed overfunded compared to the defined benefit obligations.

It is important to note that while this will impact non-consolidated results, the company prepares its consolidated financial results in conformity with International Financial Reporting Standards (IFRS), and therefore, there will be no impact on its consolidated financial results for the fiscal year ending December 31, 2025.