Bridgestone Corp. (TYO:5108) CEO and Chairman Masaaki Tsuya recently offered his perspective on U.S. President-elect Donald Trump’s plans to pull out of the North American Free Trade Agreement (NAFTA) and the Trans-Pacific Partnership (TPP). Speaking at a press conference held on Dec. 5, Tsuya said that these moves could in the near term have a positive effect on tires and...
Bridgestone Corp. (TYO:5108) will be increasing manufacturing capacity of aircraft radial tires at the company’s Kurume Plant, Fukuoka Prefecture. The move comes in response to the strong medium-to-long-term demand projected for these tires. The production capacity increase will bring aircraft radial tire production up 1.5 times of that currently at Kurume Plant. With a total investment of 2.1 billion yen...
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...
