Bridgestone Announces Sweeping Sales, Profits Increases in January–March Results

Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time…