Yokohama Rubber has a strong position in the Japanese domestic tyre market, the world's second largest. Management have been focussed on maintaining profitability, and due to cuts in selling, general and administrative costs, operating margins have held up despite large rises in input costs. As these input costs come down, the company is set to achieve higher margins coupled with robust growth.
| Sedol |
Type |
Price |
Date |
| 6986461 |
Buy |
JPY 805.018 |
14/05/2007 |
|