Demand for commercial winter tires in Japan is expected to be largely the same as that seen in 2015, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tyre Manufacturers Association (JATMA) in July. The review projects a 100 percent year-on-year equivalent on four-wheel vehicle tires, at approximately 23.2 million units. Of these,...
Bridgestone Corp.
JATMA Introduces New Associate Membership System
The Japan Automobile Tyre Manufacturers Association (JATMA) has revamped its membership system, introducing a new associate membership system as of April 1, 2016. On the same date, two companies — Nihon Michelin Tire Co. Ltd. and Nippon Goodyear Ltd. — were registered as associate members. The establishment of this new membership system reflects the fact that tires are a global...
Bridgestone’s Kumamoto Plant Ceases Operations, Conducts Safety Checks After Powerful Quake
A magnitude-6.4 earthquake struck at 9.26 p.m. Japan Standard Time on April 14, with its epicenter near the city of Kumamoto in Kumamoto Prefecture, Kyushu, Japan. At Bridgestone Corp.’s (TYO:5108) Kumamoto Plant in Tamana City, Kumamoto Prefecture, the earthquake was recorded on the Japan Meteorological Agency’s seismic intensity scale as 6-lower, and the plant ceased operations immediately after the earthquake struck....
Bridgestone Questioned About Surplus Capital Usage
Bridgestone Corp. (TYO:5108) has held its general shareholders’ meeting, attended by 630 stakeholders, who asked Bridgestone leadership about a variety of topics. Those topics included the company’s use of surplus capital, the outlook for fiscal 2016, corporate governance as a firm with a nominating board and other committees, business results for fiscal 2015, the company’s Contact Area Information Sensing (CAIS)...
Bridgestone Awards Winners of Children’s Eco-painting Competition
Bridgestone Corp. (TYO:5108) held an awards ceremony for the 13th Bridgestone Children’s Eco-painting Competition. The annual contest organized by the Bridgestone Group was launched in 2003 as part of its environmental initiatives. Attracting a record high of 56,128 entries, the competition called for entries from students in sixth-grade and under to show their favorite parts of nature. Various individual prizes...