Consolidated Operating Results by Product
The Company has adopted International Financial Reporting Standards (IFRS) from the fiscal year ended December 31, 2020. Presentation of figures for the fiscal year ended December 31, 2019 in the chart also conforms to IFRS.
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Product
(bil.yen)
Japanese GAAP IFRS
2014/12 2015/12 2016/12 2017/12 2018/12 2019/12 2020/12 2021/12 2022/12 2023/12
PS/LT (*1)
Revenue - - - - - 1,708.1 1,455.8 1,735.0 2,232.2 2,375.4
Adjusted Operating Profit - - - - - 180.9 121.8 246.6 274.0 272.3
Adjusted OP Margin - - - - - 10.6% 8.4% 14.2% 12.3% 11.5%
TB (*2)
Revenue - - - - - 807.2 660.6 814.0 1,034.5 1,028.6
Adjusted Operating Profit - - - - - 86.8 57.0 88.0 105.8 58.2
Adjusted OP Margin - - - - - 10.8% 8.6% 10.8% 10.2% 5.7%
Specialties (*3)
Revenue - - - - - 385.4 310.9 392.9 546.0 611.4
Adjusted Operating Profit - - - - - 84.5 40.9 77.7 127.8 137.0
Adjusted OP Margin - - - - - 21.9% 13.1% 19.8% 23.4% 22.4%
Diversified Products Business (*4)
Revenue - - - - - 572.1 510.1 243.2 278.1 298.4
Adjusted Operating Profit - - - - - 1.4 9.7 10.2 9.5 13.2
Adjusted OP Margin - - - - - 0.2% 1.9% 4.2% 3.4% 4.4%
(*1) PS/LT: passenger car & light truck tires
(*2) TB: truck & bus tires
(*3) Specialties: OR(tires for mining & construction), AC(tires for aircraft), AG(tires for agriculture), MC(tires for motorcycle)
(*4) In accordance with the decisions of business transfer, the Company has classified its US building materials business, anti-vibration rubber business, and chemical products solutions business as discontinued operations.
  Accordingly, revenue and adjusted operating profit show figures for continuing operations and exclude revenue and expenses of the three businesses from 2021/12.
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