Bridgestone’s hose business reported higher sales and profits in the first half of fiscal 2024 (January-June 2024) compared to the same period last year. Sales of high-pressure hoses for construction machinery were strong, especially in overseas markets, and exceeded the double-digit sales growth of the same period last year by several more percent, reaching a record high in the first...
Bridgestone has joined a project conducted by Fukuoka Bio-Community, in collaboration with Kyushu University and Indonesia’s National Research and Innovation Agency (BRIN), to develop preventive technology against para rubber tree root white rot, and has begun research to contribute to improving productivity in natural rubber plantations. The project is part of efforts to establish a unique sustainability business model that...
Bridgestone group company Bandag Europe announced at a special meeting of its employees its intention to close its retreading materials (pre-cured tread and cushion rubber) production plant in Lanklaar, Belgium, by the first half of 2025. The truck and bus business in Europe, including retread tires, has been facing many profitability issues, and the company has been restructuring its business...
Bridgestone Tire Solutions Japan held the 14th National Skills Grand Prix and the 2nd National Solution Engineer Contest at Yume Messe Miyagi in Sendai City, Miyagi Prefecture on September 4. The purpose of the Skills Grand Prix is to improve the quality of truck and bus (TB) tire maintenance services and to produce key leaders such as skills meisters and...
Bridgestone is promoting cost reductions throughout the entire value chain by optimizing the balance between sales, production and inventory. The company is reducing fixed costs in line with sales volume, optimizing the production system, and thoroughly reducing inventory based on volume and value. In production, Bridgestone is shortening operating days and suspending operations of some processes to improve profitability of...
The four Japanese tire makers have released their first half (January-June) results for the fiscal year ending December 31, 2024. Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires all posted record-high sales and profits for the period. Although tire sales volume was slightly struggling, the external environment, including raw material prices, yen depreciation, and lower ocean freight rates, in addition...
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