Bridgestone Corp. (TYO:5108) has announced plans to consolidate its domestic production bases for automotive seat pads, slimming down from its current four-base setup under domestic subsidiaries Bridgestone Chemitech Co. Ltd. (BSCT) and Bridgestone Diversified Chemical Products Co. Ltd. (BDCP). To achieve this consolidation, Bridgestone intends to close BSCT’s Ageo Plant in Ageo, Saitama Prefecture. Once this plant is closed in...
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Bridgestone Takes Part in Cutting-Edge Research to Support Healthy Sleep
Bridgestone Corp. (TYO:5108) has joined a project being carried out in Kurume, Fukuoka Prefecture, for joint research into healthy sleep. Working together with the goal of resolving various sleep-related social issues, participants in the project span industry, academia, government and the medical sector. Specifically, this joint research is being carried out by a total of six entities – the crux...
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Bridgestone’s Hose Business Sees V-Shaped Demand Recovery Both Domestically and Abroad
Bridgestone Corp.’s (TYO:5108) hose business has shown promising trends with its first-half results for calendar 2021. With demand marking a V-shaped recovery from last year both in Japan and overseas, the company’s business here has managed year-on-year increases in both sales revenue and profit, with the former of these metrics rising by double digits. Domestically, hose demand in OE applications...
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Bridgestone Moves to Expand EV Charging Infrastructure in Europe
Bridgestone Corp. (TYO:5108) recently announced that subsidiary Bridgestone EMIA has formed a long-term partnership with electric vehicle (EV) charging solutions company EVBox Group and its partner TSG Group. The companies will work to expand Europe’s EV charging infrastructure by utilizing the Bridgestone Group’s retail and service network. Established in 2010, EVBox is a leading provider of EV charging solutions, with...
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Bridgestone Completes Azuga Acquisition
Bridgestone Corp. (TYO:5108) has completed its acquisition of Azuga Holdings Inc., a U.S.-based provider of fleet management solutions. The tire manufacturer has already received regulatory approval and carried out the relevant proceedings for this deal. Azuga has been valued here at $391 million, with adjustments then being made based on its working capital and the like to get the total...
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Bridgestone Supplies Fuel-Efficient Ecopia R680 Tires for Popular Nissan Minivan
Bridgestone Corp. (TYO:5108) recently announced that it is supplying its Ecopia R680 tires as OE for the Nissan NV200 Vanette. The NV200 Vanette finds use across a wide range of fields, including business, daily use and leisure, and is well regarded for the convenience it offers. Focused on providing next-level sustainability and mobility, the Ecopia R680 is positioned by Bridgestone...
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