Yokohama Rubber traded at 6,245.00 this Wednesday March 25th, increasing 136.00 or 2.23 percent since the previous trading session. Looking back, over the last four weeks, Yokohama Rubber gained 20.27 percent. Over the last 12 months, its price rose by 72.94 percent. Looking ahead, we forecast Yokohama Rubber to be priced at 5,804.56 by the end of this quarter and at 5,085.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Yokohama Rubber Company, Limited operates tire, MB and ATG businesses. The Company operates through three business segments. The Tire segment is mainly engaged in the manufacture and sale of tire tubes, aluminum wheels and automobile products for cars, trucks, buses, construction vehicles and industrial vehicles. The MB segment is engaged in the manufacture and sale of conveyor belts, rubber plates, hoses, fenders, oil spill booms, marine hoses, moldings, air springs, highway joints, bridge rubber bearings, building seismic isolation laminated rubber, waterproof materials, water stop materials, insulation and vibration control products, adhesives, sealing materials and aerospace parts, among others. The ATG segment provides tires for agriculture, industrial vehicles, construction vehicles and forestry machineries. The Company is also engaged in the manufacture and sale of sports goods, the provision of information processing services, as well as real estate leasing business.