Speaking at a results briefing on Aug. 9, Bridgestone Corp. (TYO:5108) President and COO Akihiro Eto commented on his company’s position with regard to all-season tires in the Japanese market. Bridgestone, Eto said, is not planning any change to its stance of using studless winter tires with proper snow performance – as opposed to just going with all-season tires. He...
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Bridgestone Corp. (TYO:5108) recently revealed that it has made a downward revision to its projected full-year results for calendar 2019. Compared to the company’s initial forecast for the year, this new forecast sees projected sales down by 70 billion yen ($656.74 million). Projected operating income, meanwhile, is down by 35 billion yen from the earlier forecast, projected ordinary income is...
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Bridgestone Corp. (TYO:5108) has released its business results for the first half of calendar 2018, showing 1.9 percent year-on-year sales growth to total 1.78 trillion yen ($15.98 billion) for the period. Meanwhile, the company’s operating profit fell 1.4 percent to 199.43 billion yen, ordinary profit was down 2.6 percent to 190.76 billion yen, and net profit was up 2.1 percent...
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