Bridgestone: Revenue and Profit May Decline for First Time in Seven Years

The outlook for the business environment surrounding Bridgestone Corp. (TYO:5108) over fiscal 2016 indicates no turnaround in demand in the second half of the year. In addition to a continued decrease in North American production of truck and business tires, Bridgestone’s mining company customers, who purchase tires for mining and construction-purpose vehicle tires, are prolonging their inventory adjustment periods. Company…

Please subscribe to read the full story.Subscribe
Already a member? Log in here