Tires

Bridgestone Questioned About Surplus Capital Usage

Bridgestone Corp. (TYO:5108) has held its general shareholders’ meeting, attended by 630 stakeholders, who asked Bridgestone leadership about a variety of topics. Those topics included the company’s use of surplus capital, the outlook for fiscal 2016, corporate governance as a firm with a nominating board and other committees, business results for fiscal 2015, the company’s Contact Area Information Sensing (CAIS)...

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Bridgestone Awards Winners of Children’s Eco-painting Competition

Bridgestone Corp. (TYO:5108) held an awards ceremony for the 13th Bridgestone Children’s Eco-painting Competition. The annual contest organized by the Bridgestone Group was launched in 2003 as part of its environmental initiatives. Attracting a record high of 56,128 entries, the competition called for entries from students in sixth-grade and under to show their favorite parts of nature. Various individual prizes...

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Toyo Tires Provides Free Inspections Along Major Expressway

Toyo Tire & Rubber Co. (TYO:5105) recently conducted free tire inspections for drivers stopping at the Ebina Service Area (westbound) of the Tomei Expressway. While Toyo Tires conducts awareness activities on tire safety inspections every year, this was the first roadside inspection effort in four years. Covering three criteria — tire pressure, groove wear and visual checks for scratches and...

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Tokyo Motorcycle Show Largest Ever, Over 120 Companies Exhibiting

The latest Tokyo Motorcycle Show gathered 121 companies, exhibiting the latest production and custom models, parts and apparel. Japan’s largest motorcycle-related event, this year’s show is aimed at changing motorcycling from a sport for grownups to an activity parents and children can easily approach together. Bridgestone Corp. (TYO:5108) showed off the tire maker’s premium BATTLAX brand concept, emphasizing its theme...

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Yokohama Rubber Buys Alliance Tire Group In Biggest Acquisition Yet

Yokohama Rubber Co. Ltd. (TYO: 5101) announced it will purchase all shares of Dutch company Alliance Tire Group B.V. (ATG). The equity value of the transition is $1.179 billion (136 billion yen), Yokohama Rubber’s largest acquisition to date. The company will finance the purchase with its own funds and bank loans. The acquisition is expected to be finalized on July...

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Bridgestone Receives Honda’s Environment Award

Bridgestone Corp. (TYO:5108) has received the Environmental Award presented by Honda Motor Co. Ltd. (TYO:7267) to honor select suppliers. It is the first time that Bridgestone has received the award. The Environment Award is one of five categories including Product Quality under which Honda confers honors to express gratitude to suppliers that excel. Bridgestone received the award in the Environment...

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