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...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for the first half of calendar 2019. Based on these results, the company has stated that it will abide by its initial forecast for the full year, which points to sales revenue of 660 billion yen ($6.2 billion), operating profit of 57.5 billion yen and a net profit of 46...
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Bridgestone Corp. (TYO:5108) recently revealed that it has made a downward revision to its projected full-year results for calendar 2019. Compared to the company’s initial forecast for the year, this new forecast sees projected sales down by 70 billion yen ($656.74 million). Projected operating income, meanwhile, is down by 35 billion yen from the earlier forecast, projected ordinary income is...
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Bridgestone Corp. (TYO:5108) recently announced that it has made a downward revision to its projected business results for calendar 2019. This was prompted by a number of changes in both external conditions and market trends. For the full year, Bridgestone now expects to see sales total 3.62 trillion yen, down 1.9 percent from an initial forecast of 3.69 trillion yen....
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Gates Unitta Asia Co. forecasts its domestic sales for general-purpose industrial belts for December 2018 will increase by around 5 percent year-on-year. In addition to the strong sales of its mainstay products for semiconductor manufacturing equipment, machine tools and industrial robots, demand for new electric vehicle (EV)-related applications also expanded. Sales for products used in food and packaging manufacturing equipment...
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Fuji Latex Co. Ltd. (TYO:5199) has released projected earnings for the fiscal year ending March 2018. The company forecasts a 7.7 percent year-on-year increase in sales to 7.6 billion yen ($68.17 million), a 34.5 percent increase in operating profit to 740 million yen, a 32.1 percent increase in ordinary profit to 670 million yen and a 19.7 percent increase in...
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