bridgestone

2022042101_01 Bridgestone Innovation Park

Bridgestone’s Innovation Center Achieves LEED GOLD certification

Bridgestone’s innovation center B-Innovation, located in the Bridgestone Innovation Park in Tokyo, has received the GOLD certification under the LEED (Leadership in Energy and Environmental Design) environmental performance evaluation system. This is the fifth time the company group has acquired this certification globally and the first time in Japan. The LEED certification is a system for evaluating the environmental performance...

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Bridgestone Invests in Startup Company Developing Software for Autonomous Driving

Bridgestone has invested in Tier IV, a Nagoya-based startup company that develops software for autonomous driving. Tier IV leads the development of Autoware, the world’s first open-source software for autonomous driving. The company also provides various partners with the solutions necessary for the development and operation of self-driving vehicles. Autoware has all of the features needed for designing autonomous driving,...

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Bridgestone to Donate $1M to UN Road Safety Fund

Bridgestone will donate over the next four years a total of $1 million to the United Nations Road Safety Fund (UNRSF). The company aims to contribute to global road safety activities as road traffic crashes claim 1.35 million lives worldwide each year and are the leading cause of death among young people. More than 90 percent of these occur in...

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Bridgestone to Move Some Aircraft Retread Tire Production From China to Thailand

Bridgestone is set to consolidate part of its aircraft retread tire production facilities in Asia. As part of this move, production in Hong Kong, China will cease at the end of June 2023, and will then be consolidated at Bridgestone Aircraft Tire Manufacturing in Thailand. The Hong Kong subsidiary currently supplies retreaded tires to airlines in Asia and Oceania except...

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Bridgestone Plans Domestic Price Hike for Aftermarket Tires Starting September

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 Announces Sweeping Sales, Profits Increases in January–March Results

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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