Yokohama Rubber’s Q1 net income down 37.9% y/y to USD200 million

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Financial results

Expects net income of JPY34 billion in FY 2016

Yokohama Rubber has reported a 37.9% year-on-year (y/y) decline in net income to JPY3.6 billion (USD30.2 million, 31 March 2016) in the first quarter ended 31 March 2016, says a company press release.

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