Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it will be raising prices on its aftermarket tires in the Japanese domestic market. The change will apply to all shipments from Aug. 1 onward. This move comes as factors such as a personnel shortage cause distribution-related costs to surge, with expectations that this trend will continue going forward. The decision marks...
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Bridgestone Corp. (TYO:5108) is set to increase its prices on aftermarket tires shipped within Japan starting Aug. 1. With distribution-related costs surging amid factors such as a labor shortage, and the expectation that this trend will continue going forward, Bridgestone has decided on the strategy of increasing its own prices in response. This marks the company’s first price increase since...
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