Bridgestone first quarter results
Bridgestone Corporation has released its unaudited fiscal results for the first quarter of the year. This is the first time that Bridgestone has declared its results on a quarterly basis and thus comparisons with the previous year’s performance are not available. The company has 424 consolidated subsidiaries and 213 equity method affiliates and the turnover for the quarter was 559.
5 billion Yen ($5.294 billion). Of this figure, 445.
7 billion Yen ($4.218 billion) was attributable to the tyre business segment. Net income for the quarter was 28 billion Yen ($265 million) and operating income 47.
1 billion Yen ($446 million), of which 38.5 billion Yen ($365 million) came from tyres. .
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