Financials

Toyo Tire: 35 fiscal years of results, 1971–2025

Revenue · FYE Dec 2025
¥595bn
Operating profit · FYE Dec 2025
¥97bn
Net profit · FYE Dec 2025
¥64bn
Total assets
¥753bn
Equity ratio
69.4%
Fiscal years on record
35 · 1971–2025

This page carries 35 fiscal years of results, from 1971 to 2025. 20 years in that range carry no figure on record and are left out rather than interpolated. It is stitched from 2 sources — securities reports for the modern years, and company yearbooks or printed corporate histories for the older ones. Each column in the table below is footnoted with the one it came from. Revenue is at its highest on record in the latest year filed. The company reported a net loss in 3 years: 1984, 2009, 2016.

Toyo Tire: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 1971 *1 FYE Mar 1972 *1 FYE Mar 1973 *1 FYE Mar 1974 *1 FYE Mar 1975 *1 FYE Mar 1976 *2 FYE Mar 1977 *2 FYE Mar 1978 *2 FYE Mar 1979 *2 FYE Mar 1980 *2 FYE Mar 1981 *2 FYE Mar 1982 *2 FYE Mar 1983 *2 FYE Mar 1984 *2 FYE Mar 1985 *2 FYE Mar 2006 FYE Mar 2007 FYE Mar 2008 FYE Mar 2009 FYE Mar 2010 FYE Mar 2011 FYE Mar 2012 FYE Dec 2013 FYE Dec 2014 FYE Dec 2015 FYE Dec 2016 FYE Dec 2017 FYE Dec 2018 FYE Dec 2019 FYE Dec 2020 FYE Dec 2021 FYE Dec 2022 FYE Dec 2023 FYE Dec 2024 FYE Dec 2025 FYE Dec
Revenue JPY ¥35bn¥38bn¥46bn¥59bn¥73bn¥76bn¥84bn¥90bn¥96bn¥121bn¥154bn¥163bn¥149bn¥164bn¥180bn¥300bn¥320bn¥357bn¥328bn¥288bn¥294bn¥291bn¥370bn¥394bn¥408bn¥382bn¥405bn¥393bn¥378bn¥344bn¥394bn¥497bn¥553bn¥565bn¥595bn
YoY % +8.7%+21.5%+28.1%+24.8%+2.8%+11.4%+6.9%+6.8%+25.7%+27.3%+6.0%-8.5%+10.1%+9.9%+6.7%+11.5%-8.1%-12.4%+2.2%-1.0%+27.2%+6.4%+3.6%-6.4%+6.1%-2.9%-4.0%-8.9%+14.5%+26.3%+11.2%+2.3%+5.2%
Operating profit JPY ¥13bn¥9.4bn¥13bn-¥3.0bn¥8.7bn¥12bn¥16bn¥37bn¥48bn¥63bn¥49bn¥45bn¥42bn¥38bn¥36bn¥53bn¥44bn¥77bn¥94bn¥97bn
YoY % -28.2%+40.4%-122.7%+40.2%+27.9%+138.5%+27.7%+33.5%-22.2%-8.1%-6.4%-9.4%-5.5%+46.3%-17.1%+74.8%+22.2%+3.6%
Ordinary profit JPY ¥0.9bn¥1.2bn¥1.7bn¥2.3bn¥2.1bn¥0.6bn¥0.3bn¥0.8bn¥1.7bn¥4.5bn¥2.3bn¥1.7bn-¥2.8bn-¥4.8bn¥1.5bn¥11bn¥5.8bn¥9.9bn-¥6.2bn¥9.0bn¥9.2bn¥14bn¥38bn¥47bn¥57bn¥44bn¥40bn¥38bn¥37bn¥31bn¥56bn¥51bn¥86bn¥102bn¥101bn
Net profit JPY ¥0.6bn¥0.7bn¥1.1bn¥1.3bn¥1.2bn¥0.6bn¥0.5bn¥0.5bn¥0.8bn¥1.9bn¥1.4bn¥0.9bn¥0.1bn-¥4.3bn¥1.2bn¥5.4bn¥6.0bn¥6.1bn-¥11bn¥3.0bn¥0.5bn¥13bn¥12bn¥31bn¥1.7bn-¥12bn¥16bn¥11bn¥25bn¥12bn¥41bn¥48bn¥72bn¥75bn¥64bn
YoY % +3.6%+68.7%+13.8%-2.6%-51.7%-16.7%0.0%+60.0%+137.5%-26.3%-35.7%-93.0%-6925.4%+11.1%+1.7%-275.4%-83.3%+2540.0%-12.1%+169.0%-94.6%-823.5%-31.6%+131.1%-52.2%+253.8%+15.9%+50.6%+3.5%-15.0%
Operating margin % 4.4%2.9%3.7%-0.9%3.0%4.1%5.4%10.0%12.1%15.5%12.9%11.2%10.8%10.2%10.6%13.5%8.8%13.9%16.6%16.4%
Net margin % 1.8%1.8%2.4%2.2%1.7%0.8%0.6%0.6%0.8%1.6%0.9%0.6%0.0%-2.6%0.7%1.8%1.9%1.7%-3.3%1.0%0.2%4.5%3.1%7.9%0.4%-3.2%3.8%2.7%6.5%3.4%10.5%9.7%13.1%13.2%10.7%
Standard Japanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAP
Basis Parent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
  • *1 Kaisha Nenkan (Company Yearbook), 1976 edition — first- and second-half figures combined
  • *2 Kaisha Nenkan (Company Yearbook)
Cost structure Cost of sales SG&A Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Revenue JPY ¥300bn¥320bn¥357bn¥328bn¥288bn¥294bn¥321bn¥291bn¥370bn¥394bn¥408bn¥382bn¥405bn¥393bn¥377bn¥344bn¥394bn¥497bn¥553bn¥565bn¥595bn
YoY % +6.7%+11.5%-8.1%-12.4%+2.2%+9.0%+27.2%+6.4%+3.6%-6.4%+6.1%-2.9%-4.0%-8.9%+14.5%+26.3%+11.2%+2.3%+5.2%
Cost of sales JPY ¥212bn¥233bn¥260bn¥253bn¥213bn¥214bn¥238bn¥217bn¥254bn¥261bn¥254bn¥245bn¥268bn¥259bn¥247bn¥221bn¥233bn¥299bn¥336bn¥335bn¥360bn
SG&A JPY ¥75bn¥78bn¥84bn¥78bn¥66bn¥68bn¥70bn¥58bn¥79bn¥85bn¥90bn¥87bn¥92bn¥92bn¥92bn¥87bn¥108bn¥154bn¥140bn¥137bn¥137bn
Operating profit JPY ¥13bn¥9.4bn¥13bn-¥3.0bn¥8.7bn¥12bn¥13bn¥16bn¥37bn¥48bn¥63bn¥49bn¥45bn¥42bn¥38bn¥36bn¥53bn¥44bn¥77bn¥94bn¥97bn
YoY % -28.4%+40.5%-122.5%+40.6%+5.8%+138.0%+27.6%+33.4%-22.2%-8.1%-6.4%-9.3%-5.5%+46.1%-17.0%+74.6%+22.2%+3.6%
Operating margin % 4.4%2.9%3.7%-0.9%3.0%4.1%4.0%5.4%10.1%12.1%15.5%12.9%11.2%10.8%10.2%10.6%13.5%8.9%13.9%16.6%16.4%
Change pp -1.5pp+0.8pp-4.6pp+3.9pp+1.1pp-0.1pp+4.7pp+2.0pp+3.4pp-2.6pp-1.7pp-0.4pp-0.6pp+0.4pp+2.9pp-4.6pp+5.0pp+2.7pp-0.2pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Total assets JPY ¥354bn¥433bn¥482bn¥523bn¥491bn¥474bn¥469bn¥469bn¥446bn¥531bn¥599bn¥645bn¥723bn¥753bn
YoY % +22.3%+11.2%+8.5%-6.1%-3.5%-0.9%-0.1%-4.9%+19.2%+12.7%+7.8%+12.0%+4.2%
Equity JPY ¥107bn¥142bn¥185bn¥172bn¥142bn¥159bn¥153bn¥223bn¥221bn¥280bn¥321bn¥395bn¥473bn¥523bn
YoY % +32.7%+30.5%-6.9%-17.6%+12.4%-4.0%+45.8%-0.9%+26.8%+14.5%+23.2%+19.6%+10.6%
Interest-bearing debt JPY ¥142bn¥122bn¥113bn¥123bn¥116bn¥102bn¥89bn¥76bn¥58bn¥62bn¥45bn
Equity ratio % 30.1%32.7%38.3%32.9%28.8%33.6%32.5%47.5%49.5%52.7%53.5%61.2%65.4%69.4%
Change pp +2.6pp+5.6pp-5.4pp-4.1pp+4.8pp-1.1pp+15.0pp+2.0pp+3.2pp+0.8pp+7.7pp+4.2pp+4.0pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Mar 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating CF JPY ¥27bn¥11bn¥14bn-¥13bn¥37bn¥24bn¥14bn¥16bn¥42bn¥38bn¥41bn¥39bn¥13bn¥19bn¥11bn¥54bn¥34bn¥15bn¥87bn¥67bn¥93bn
YoY % -60.4%+37.0%-190.8%-34.9%-43.3%+161.8%-9.1%+9.3%-5.9%-65.4%+41.9%-41.1%+379.1%-35.9%-56.0%+470.1%-22.5%+38.8%
Investing CF JPY -¥28bn-¥11bn-¥16bn-¥34bn-¥3.3bn-¥36bn-¥26bn-¥21bn-¥23bn-¥30bn-¥46bn-¥14bn-¥11bn-¥28bn-¥38bn-¥28bn-¥38bn-¥17bn-¥15bn-¥15bn-¥23bn
Financing CF JPY ¥5.4bn¥5.8bn-¥4.5bn¥56bn-¥23bn¥9.9bn¥9.8bn-¥1.2bn-¥5.1bn-¥13bn¥19bn-¥31bn-¥14bn¥13bn¥21bn-¥13bn¥12bn-¥16bn-¥63bn-¥23bn-¥44bn
Cash & equivalents JPY ¥12bn¥16bn¥11bn¥19bn¥31bn¥28bn¥25bn¥20bn¥36bn¥32bn¥44bn¥38bn¥28bn¥30bn¥24bn¥36bn¥54bn¥42bn¥53bn¥86bn¥117bn
YoY % +39.7%-34.3%+75.3%+62.5%-8.2%-12.2%+85.7%-10.9%+37.2%-15.3%-25.9%+9.3%-21.0%+50.8%+47.6%-22.4%+26.9%+63.5%+35.3%
  • *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2006 *1 FYE Mar 2007 *1 FYE Mar 2008 *1 FYE Mar 2009 *1 FYE Mar 2010 *1 FYE Mar 2011 *1 FYE Mar 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating margin % 4.4%2.9%3.7%-0.9%3.0%4.1%5.4%10.1%12.1%15.5%12.9%11.2%10.8%10.2%10.6%13.5%8.9%13.9%16.6%16.4%
Change pp -1.5pp+0.8pp-4.6pp+3.9pp+1.1pp+1.3pp+4.7pp+2.0pp+3.4pp-2.6pp-1.7pp-0.4pp-0.6pp+0.4pp+2.9pp-4.6pp+5.0pp+2.7pp-0.2pp
Net margin % 1.8%1.9%1.7%-3.3%1.0%0.2%4.5%3.1%7.9%0.4%-3.2%3.8%2.7%6.5%3.4%10.5%9.6%13.1%13.2%10.7%
Change pp +0.1pp-0.2pp-5.0pp+4.3pp-0.8pp+4.3pp-1.4pp+4.8pp-7.5pp-3.6pp+7.0pp-1.1pp+3.8pp-3.1pp+7.1pp-0.9pp+3.5pp+0.1pp-2.5pp
ROE % 12.4%8.2%16.9%1.0%-8.7%9.7%6.9%11.0%5.3%14.8%15.0%18.3%15.8%12.2%
Change pp -4.2pp+8.7pp-15.9pp-9.7pp+18.4pp-2.8pp+4.1pp-5.7pp+9.5pp+0.2pp+3.3pp-2.5pp-3.6pp
Equity ratio % 30.1%32.7%38.3%32.9%28.8%33.6%32.5%47.5%49.5%52.7%53.5%61.2%65.4%69.4%
Change pp +2.6pp+5.6pp-5.4pp-4.1pp+4.8pp-1.1pp+15.0pp+2.0pp+3.2pp+0.8pp+7.7pp+4.2pp+4.0pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)

The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.

Between 1971–2025, Toyo Tire’s revenue grew 17-fold in yen (5.4% a year). Converted at each year’s own average rate, the same span is 41-fold in dollars (7.1% a year), from $97m to $4.0bn. The dollar figure grew faster because the yen was stronger at the end of the period than at the start — a yen of revenue in 2025 bought more dollars than one in 1971.

Revenue in millions of US dollars, converted at each year’s own average rate, with the yen figure as filed and the rate applied.
Fiscal year Unit 1971 *1 FYE Mar 1972 *2 FYE Mar 1973 *3 FYE Mar 1974 *3 FYE Mar 1975 *3 FYE Mar 1976 *3 FYE Mar 1977 *3 FYE Mar 1978 *3 FYE Mar 1979 *3 FYE Mar 1980 *4 FYE Mar 1981 *4 FYE Mar 1982 *4 FYE Mar 1983 *4 FYE Mar 1984 *4 FYE Mar 1985 *4 FYE Mar 2006 *4 FYE Mar 2007 *4 FYE Mar 2008 *4 FYE Mar 2009 *4 FYE Mar 2010 *4 FYE Mar 2011 *4 FYE Mar 2012 *4 FYE Dec 2013 *4 FYE Dec 2014 *4 FYE Dec 2015 *4 FYE Dec 2016 *4 FYE Dec 2017 *4 FYE Dec 2018 *4 FYE Dec 2019 *4 FYE Dec 2020 *4 FYE Dec 2021 *4 FYE Dec 2022 *4 FYE Dec 2023 *4 FYE Dec 2024 *4 FYE Dec 2025 *4 FYE Dec
Revenue USD $97m$123m$168m$201m$246m$259m$327m$447m$417m$532m$697m$654m$627m$690m$755m$2.6bn$2.7bn$3.5bn$3.5bn$3.3bn$3.7bn$3.6bn$3.8bn$3.7bn$3.4bn$3.5bn$3.6bn$3.6bn$3.5bn$3.2bn$3.6bn$3.8bn$3.9bn$3.7bn$4.0bn
YoY % +27.0%+36.6%+19.8%+22.3%+5.3%+26.6%+36.7%-6.7%+27.6%+30.9%-6.1%-4.1%+10.0%+9.4%+5.4%+27.1%+1.6%-6.6%+12.5%-1.0%+4.0%-1.9%-9.4%+4.0%+3.0%-1.4%-2.8%-7.0%+11.4%+5.6%+4.0%-5.1%+6.5%
Revenue as filed JPY ¥35bn¥38bn¥46bn¥59bn¥73bn¥76bn¥84bn¥90bn¥96bn¥121bn¥154bn¥163bn¥149bn¥164bn¥180bn¥300bn¥320bn¥357bn¥328bn¥288bn¥294bn¥291bn¥370bn¥394bn¥408bn¥382bn¥405bn¥393bn¥378bn¥344bn¥394bn¥497bn¥553bn¥565bn¥595bn
Rate applied ¥/US$ ¥360.00¥308.00¥274.00¥293.00¥299.00¥292.00¥257.00¥201.00¥230.00¥226.69¥220.55¥249.06¥237.48¥237.53¥238.53¥116.28¥117.77¥103.33¥93.53¥87.77¥79.78¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65
  • *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
  • *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
  • *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
  • *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
  • *5 Provisional — part-year average, not a full calendar year.

Every rate used, and where it comes from →

Reporting basis

Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.

The series crosses 2 reporting regimes — parent-only Japanese GAAP for 1971–1985; and consolidated Japanese GAAP for 2006–2025. Figures are not strictly comparable across a change of basis: consolidation in particular adds subsidiaries that were previously outside the accounts.

Reporting regimes across the long series, oldest first.
Fiscal years Standard Basis Years
1971–1985 Japanese GAAP parent-only 15
2006–2025 Japanese GAAP consolidated 20
Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →



Data API

Toyo Tire’s history, financials, executives and shareholders are published as static JSON — no key, plain GET. Full specification →

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