GD2020 Medium-Term Management Plan

We at Yokohama Rubber have launched a new medium-term management plan as Grand Design 2020 (GD2020). The plan covers the three years from 2018 to 2020.

GD2020 Positioning

GD2020 is a framework for fortifying our business foundation by redefining our strengths and by deploying a growth strategy based on original approaches. We are counting on that framework to support new strides for Yokohama in the decade of the 2020s.

GD2020 Positioning

Financial Targets(By 2020)

Sales revenue ¥700 billion
Operating profit and operating profit margin ¥70 billion, 10%
Debt/equity ratio 0.6
Return on equity 10%
Operating cash flow Three-year total of ¥200 billion
Investment Within scope of depreciation (not including strategic investments)