Yokohama’s net income down 53.3% y/y to USD83.8 million in January-September 2016

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Financial results

Expects net income of JPY20 billion for FY 2016/17

Yokohama Rubber has reported a 53.5% year-on-year (y/y) decline in net income to JPY8.5 billion (USD83.8 million as on 30 September 2016) for the first nine months ended 30 September 2016, says a company press release.

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