Bridgestone Corp. (TYO:5108) announced plans on Dec. 13 for a reshuffle of its top leadership, with Vice Chair Shuichi Ishibashi slated to become CEO next year. Ishibashi will be inaugurated following approval at a Board of Directors meeting that is scheduled for after the company’s annual shareholders meeting in late March. Masaaki Tsuya, who currently serves as CEO and representative...
Bridgestone Corp. (TYO:5108) is reconstructing an existing technological development base in Kodaira, Japan, to build the Bridgestone Innovation Park. The rebuilt facilities here will form a globally oriented base from which to achieve innovation as the company positions 2020 as the start of a new era of value creation. Bridgestone Innovation Park will serve as a composite area. On top...
Toyo Tire Corp. (TYO:5105) announced on Nov. 28 that it intends to sell off half of the stock that it holds in Bridgestone Corp. (TYO:5108), a company with which Toyo Tires has business and capital partnerships. Back in 2008, the two companies formed a capital partnership to help establish a strong relationship of trust. And now, Toyo Tires says, this...
Bridgestone Corp. (TYO:5108) recently announced that its Battlax Hypersport S22 tires have been selected as original equipment for the 2020 Kawasaki Ninja 1000SX, a sport tourer motorcycle released this month by Kawasaki Heavy Industries Ltd. (TYO:7012). In addition to impressive dry grip and light handling, the Battlax Hypersport S22 provides excellent wet performance. This allows the tire to give riders...
Bridgestone Corp. (TYO:5108) has made a downward revision to its earnings forecast for calendar 2019, with both sales and profit estimates being lowered from the company’s previous forecast. By Bridgestone’s estimates, tire demand for calendar 2019 is expected to see a particular drop in Europe, as well as in Asia – the latter being defined here as Thailand, Indonesia, India...
Bridgestone Corp. (TYO:5108) has begun sales of the Battlecross E50 Extreme, a new tire for motorcycle enduro racing. Launched on Nov. 1, this new offering has been made available as a rear tire with the size of 140/80-18 70M. It is made specifically for competitive racing specs, and so cannot be used on public roads. The Battlecross E50 Extreme is...
