Bridgestone has started solar power generation at its two Japanese tire plants in Shimonoseki and Kitakyushu through Power Purchase Agreements (PPAs). This is the first large-scale solar power generation through PPAs at Bridgestone’s plants in Japan. The total generating capacity is 5.8 MW, which will supply power for tire production at the two plants and contribute to a reduction of...
Bridgestone has posted its financial results for calendar 2022, revealing annual revenue of 4.11 trillion yen ($30.62 billion) – an increase of 26.6% year-on-year. The company’s adjusted operating profit for the year came to 482.63 billion yen, up 24.4%, while its net profit was 305.51 billion yen, down 0.8%. Also included in the financial results was an overview of factors...
Bridgestsone has received SBT certification from the Science Based Targets Initiative (SBTi) for the CO2 reduction targets it has set for 2030. SBTi is a set of greenhouse gas emission reduction targets set by companies for the next five to ten years, consistent with the levels required by the Paris Agreement. The SBTi has certified Brdgestone’s mid-term CO2 reduction targets...
Last month saw Bridgestone establish its first in-house venture company, Soft Robotics Ventures, in an effort to speed up advances in the realm of soft robotics. And now, as of Feb. 1, the tire manufacturer has signed a capital partnership agreement with Ascent Robotics, a developer and provider of intelligent robot systems. The agreement will see Bridgestone invest 500 million...
Bridgestone and the Okinawa Churashima Foundation have developed an artificial tail fin for the Southern Bottlenose Dolphin nicknamed “Sami”, which has a damaged tail fin and is kept at the Okinawa Churaumi Aquarium. This will help Sami maintain her dignity as a living creature and live in harmony with her friends through the power of technology. Sami is a female...
Bridgestone announced on Jan. 20 that it will raise the manufacturer ex-shipment prices of tires for Japanese commercial use of summer tires and winter tires on April 1 and July 1, respectively. This will be the third price increase for Japanese after-market tires since 2022. The price increases will apply to commercial summer and winter tires, tubes, and flaps. The...
