Projections

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(Millions of Yen)

    2022 Projection
(IFRS)
2021 (IFRS) 2020 (IFRS)
Continued operations Sales revenue 855,000 670,809 551,090
Business profit* 62,500 62,162 35,875
Business profit margin 7.30% 9.30% 6.50%
Operating profit 60,500 83,636 35,989
Operating profit margin 7.10% 12.50% 6.50%
Profit 42,000 59,554 26,484
Discontinued operations Profit 6,751 367
Profit attributable to owners of parent 42,000 65,500 26,312

* Yokohama has divested its Hamatite sealants and adhesives business in November 2021. The company has therefore reclassified its Hamatite business, formerly included in the MB (Multiple Business) segment, as discontinued operations for the fiscal years ended December 31, 2021 and 2020.

* Business profit = Sales revenue - (cost of sales + selling, general and administrative expenses)

Business Segment

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(Millions of Yen)

    2022 Projection (IFRS) 2021 (IFRS)
Sales revenue Tires 748,000 577,487
(YOHT) (161,000) (107,284)
MB 97,000 84,438
Other 10,000 8,884
Business profit Tires 58,200 57,200
(YOHT) (20,200) (14,714)
MB 5,400 3,781
Other -1,100 1,096
Intersegment eliminations 100

* Business profit = Sales revenue - (cost of sales + selling, general and administrative expenses)

* From 2022, the business that was previously called "ATG" has been renamed "YOHT" and, considering the similarities in its customer base and product

* Fiscal 2021 results are approximate values calculated based on the revised reporting segment classification and are subject to change based on the results of accounting audits.