Bridgestone Corp. (TYO:5108) held its latest general meeting of shareholders on March 22, answering a number of questions posed to company representatives. With 395 people in attendance, the meeting lasted for 1 hour and 44 minutes. During the meeting, a total of 13 questions came from 13 shareholders. These covered topics such as the business impact of Brexit and of...
Brexit
Brexit: Japanese Rubber Companies Take Wait-and-see Approach, But Strong Yen a Source of Concern
With many Japanese rubber companies having bases in the U.K., its recent referendum result to leave the EU will likely have an impact on the Japanese rubber industry. Recent interviews by the Japan Rubber Weekly revealed that, although Japanese rubber companies are worried about Brexit’s negative effects, most will wait and see before deciding what measures to take. News of...
Bridgestone and Others Brace for Post-Brexit Changes
With Britain’s referendum vote to depart from the EU, a number of Japan’s tire manufacturers have now been left to speculate as to what the exact fallout will be. Of Japan’s four tire manufacturers, Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) have sales locations in Britain. Asked what the aftereffects of Brexit will...