Bridgestone Corp. (TYO:5108) announced on June 24 that it will be raising its manufacturer’s selling prices for domestic aftermarket tires as of Sept. 1. The change is set to apply to Japanese sales of aftermarket summer and winter tires, as well as tubes and flaps. Prices will rise by 3–8 percent depending on the specific product. In commenting on this...
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Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time...
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Bridgestone Corp. (TYO:5108) group company Bridgestone Americas Inc. announced earlier this month that it has formed an exclusive partnership with LanzaTech NZ Inc., which has proprietary technology for turning CO2 into energy and chemicals. The companies intend to work together on developing innovative technology for the recycling of end-of-life tires. Headquartered in Illinois, LanzaTech captures carbon from waste and uses...
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Bridgestone Corp. (TYO:5108) recently announced that it has been selected for inclusion in the FTSE4Good Index Series for the fourth consecutive year. A widely recognized ESG investment index, the FTSE4Good Index Series was developed by FTSE Russell, a major global index provider that operates as part of the London Stock Exchange Group. The index sees large-scale companies around the world...
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Bridgestone Corp. (TYO:5108) on April 1 launched sales of the Potenza RE-08D, a high-grip sport tire made in pursuit of shorter circuit lap times. The tire is available in the singular size of 215/45R17. Inheriting the design philosophy of its predecessor, the Potenza RE-07D, the RE-08D is one of Bridgestone’s high-added-value Dan-Totsu products, which are developed based on technology the...
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Bridgestone Corp.’s (TYO:5108) golf business is planning an April 15 launch for the Tour B JGR Splash, a golf ball with new functionality. The ball takes the design of the existing Tour B JGR – which has met with good reviews for its role in maximizing the carry of amateur golfers – and adds the benefit of water repellency. While...
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