The four major Japanese tire makers have reported their first-half (January-June) results for the fiscal year ending December 31, 2023. All four companies achieved record-high sales, driven by a weak yen and a recovery in sales of tires for new vehicles. Moreover, Bridgestone, Sumitomo Rubber and Toyo Tires secured higher operating income (adjusted operating income for Bridgestone, and operating income...
Bridgestone subsidiary Bridgestone Tire Solutions Japan is developing a new retail service solution network called B-select. Consisting of tire retail partners in Japan, B-select is a network of stores that can provide differentiated solutions while retaining the concept of tire dealerships. The objective is to deliver high-quality service solutions anywhere in Japan. In the future, Bridgestone will expand services and...
The environment surrounding the Japanese rubber industry has been changing due to the ongoing depreciation of the yen, the decline in naphtha prices and the slump in China. These changes are a mixture of good and bad news for the rubber industry, but since they are all external factors, it is difficult for individual companies to influence them. Japan Rubber...
This article is part 2 in a series of 2. Bridgestone made a splash at this year’s Fooma Japan by exhibiting for the first time. The company, which until now has had little to do with food, exhibited a soft robotic hand that contributes to labor savings and automation of food conveyance. Soft Robotics Ventures, an in-house venture, is promoting...
Bridgestone has installed a demonstration unit at the Bridgestone Innovation Park in Kodaira City, Tokyo, for precision pyrolysis (oilification) of used tires. The move is part of an initiative to generate decomposed oil and recycled carbon black from used tires by thermally decomposing them. The project is one of two R&D themes under the New Energy and Industrial Technology Development...
Bridgestone has been selected for the fourth consecutive year as “Digital Transformation Stock (DX Brand)”, an initiative by the Ministry of Economy, Trade and Industry (METI), the Tokyo Stock Exchange, and the Information-technology Promotion Agency, Japan (IPA). DX Stocks are companies listed on the Tokyo Stock Exchange that are engaged in Digital Transformation (DX), a process of drastically transforming their...
