Bridgestone’s Diversified Products business is steadily improving its performance. In the fiscal year ended December 31, 2023, this business posted sales revenue of 298.4 billion yen ($1.98 billion), up 7% from the previous year, adjusted operating profit of 13.2 billion yen, up 39%, and adjusted operating profit margin of 4.4%, up 1.0 percentage point. The Chemical Products business posted sales...
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Bridgestone Europe has transferred its Russian operations to S8 Capital, a Russian investment company. The company has already obtained approval from the relevant authorities. The transfer includes the passenger car tire plant in Ulyanovsk and the sales company in Moscow. Bridgestone began full-scale operations in Russia in 1998, but ceased all production activities in Russia in March 2022. As part...
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Bridgestone Hosepower completed the acquisition of Cline Hose & Hydraulics in the U.S. on December 29, 2023. The acquisition of Cline will strengthen and accelerate the development of Bridgestone Hosepower’s hydraulic and industrial hose solutions and mobile van solutions business in the U.S. and expand its solutions network. Cline is a hydraulic hose and mobile service provider founded in 1948....
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Bridgestone will promote sustainable global motorsports activities to continue to be the best supporter and to be an indispensable part of the future of mobility, according to the company’s global CEO, Shuichi Ishibashi. Bridgestone’s sustainable global motorsports activities include the use of racing as a driving laboratory to refine technologies under extreme conditions, and the development and evolution of commercial...
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Bridgestone has formed a research and development team with Tohoku University to develop innovative, data-driven materials by utilizing Nanoterrace, a next-generation synchrotron radiation facility being built on Tohoku University’s new Aobayama campus. The base of the team will be the Green Cross Tech Research Center established by the university. The research center is an industry-academia co-creation innovation center with the...
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Bridgestone Retail Japan has in September held for staff members of Cockpit Tire passenger car tire chain stores a Customer Service Grand Prix to test their ability to respond to user requests and propose products and services, and a Skill Grand Prix to compete in the accuracy and speed of tire replacement work. A total of 425 people participated in...
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