Toyo Tire Corporation revised consolidated earnings guidance for the year ending December 31, 2022. For the period, the company expects net sales of ¥500,000 million compared to previous guidance of ¥485,000 million. Operating income of ¥50,000 million compared to previous guidance of ¥50,000 million.

Profit attributable to owners of parent was ¥53,000 million compared to previous guidance of ¥38,500 million. Earnings per share of ¥344.26 compared to previous guidance of ¥250.10.