Yokohama Rubber Co. Ltd. posted roughly $4 billion in revenue during the first half of 2026, up 10.4% from the same period a year ago.

The company also generated $698.7 million in operating profit during the first half, a record high and nearly a 100% jump from $349.7 million in the first half of 2025.

Yokohama’s tire business generated nearly $3.7 billion in sales during the first six months of 2026, up 10.8% from about $3.3 billion in sales during the same period last year. 

The Tokyo, Japan-based company raised its full-year sales revenue forecast 1.5% from its May projection to roughly $8.41 billion. Yokohama also increased its business profit forecast 2.4% to $1.23 billion and its operating profit forecast 4.2% to nearly $1.27 billion.

Growth in North America

As part of the company’s first-half financial results, Yokohama reported year-over-year sales growth of its tire business by region. The tiremaker says its North American tire business saw a 90% unit sales growth in original equipment (OE) tires and 89% unit sales growth in replacement tires.

Stan Chandgie, chief operating officer of Yokohama Tire Corp. (YTC), recently told MTD that the company is staying focused on its strategy of continued product development, a strengthened manufacturing footprint and added support for dealers and distributors.

“We’re especially encouraged by the continued momentum in our premium and light truck segments, where our key products are resonating well with consumers,” said Chandgie. “At the same time, our teams have stayed flexible and responsive, which puts us in a good position heading into the second half of the year.”

Focusing on new product development, Yokohama launched the new Geolandar H/T4 tire in April, a “durable, all-season highway tire for light trucks, SUVs and commercial vans” that offers optimized traction and grip, reduced tread noise and advanced compound technology. 

Yokohama Tire Corp. also notably closed its Salem, Va., consumer tire plant this past March. The facility, originally scheduled to close this summer, had the capacity to build 25,700 passenger tires and 1,100 light truck tires per day, according to MTD’s 2026 Facts Issue.

Chandgie said that Yokohama continues to monitor the tire industry closely as PLT demand and shipment changes have required “some adjustments and a rebalancing of inventory levels across the supply chain.” 

“The TBR segment has been a bit more stable, though it’s still influenced by broader economic conditions,” said Chandgie. “Looking ahead, we expect gradual improvement in the second half rather than a sharp rebound, with continued normalization over time.”

Future plans

As the company looks ahead to the second half of 2026 and beyond, Yokohama will continue expanding tire business sales of “high-value-added tires,” increase its tire production volumes and expand its lineup to include 18-inch and larger tires to meet evolving demands and consumer trends.

“We’ll continue investing in innovation, strengthening our manufacturing network and supporting customers with consistent execution in the marketplace,” Chandgie told MTD. “While conditions may remain fluid, we’re confident in our direction and our ability to adapt as we move through the rest of 2026 and into 2027.”