Toyo Tire Corporation announced consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported net sales of JPY 277,646 million against JPY 285,048 million a year ago. Operating income was JPY 26,466 million against JPY 30,732 million a year ago. Profit was JPY 14,886 million against JPY 11,910 million a year ago.

The company revised consolidated earnings guidance for the year ended December 31, 2019. For the year, the company expects net sales of JPY 380,000 million against previous guidance of JPY 385,000 million. The company expects operating income of JPY 38,000 million against previous guidance of JPY 40,000 million. The company expects profit attributable to owners of the parent of JPY 21,700 million against previous guidance of JPY 23,900 million.