management reform

Bridgestone Reforms Working Conditions to Boost Efficiency, Productivity

Bridgestone Corp. (TYO:5108) is promoting reforms to working conditions to help change the way each individual employee performs their work, and to raise professional awareness, eagerness and creativity. The goal here is to strengthen competitiveness while boosting both corporate and customer value. In the autumn of 2016, Bridgestone reached agreement with labor unions to shorten the working hours of non-shift...

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Bridgestone Reiterates Global Efforts, Goals in 2017 Medium-Term Business Plan

Bridgestone Corp. (TYO:5108) Chairman and CEO Masaaki Tsuya has announced the tire manufacturer’s Mid-Term Management Plan (MTP) for 2017, with medium-term numerical targets largely unchanged from the MTP issued the previous year. The 2017 plan reiterates the 2016 MTP’s medium-term goals of a return on assets (ROA) of 6 percent, an operating profit rate of 10 percent, and a return...

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