Bridgestone Lowers Target

Due to a continuing decrease in unit sales caused by the global recession and an increase in unabsorbed fixed expenses, as well as the impact of foreign currency exchange losses, Bridgestone group predicts its half year operating income and ordinary income will decrease. That will be lower than its original expectation, at the same time, Bridgestone revised its financial projections for fiscal 2009.

 

Bridgestone group was established on March 1, 1931 and the founder is Shojiro Ishibashi. The employees of Bridgestone exceed 137,981.

 

Related China Bus News

• BYD Delivers 100 Units of 12-Meter Electric Buses to Uruguayan Operator CUTCSA 09-26
• Ankai Bus: High Standards Escort World-Class Event 09-26
• Zhongtong H12 High-end Tourist Bus Officially Delivered to Jilin 09-25
• Ankai Empowers Smart Mobility with Innovative Technology 09-24
• Visiting Invitation: China Buses Expo 2024 in Shanghai China 09-20
• Foton eVIEW GRAND World Debut in Saudi Arabia 09-20
• Higer Bus Shines at the IAA Transportation 2024 in Hannover 09-19
• Zhongtong H13E Debuts at the 2024 IAA Transportation in Hannover 09-19
• First Appearance of Higer Bus at the IAA TRANSPORTATION 09-14
• Consul General of Australia in Shanghai Visits Bonluck Bus Company 09-14
• Shudu Bus Delivers 100 Buses to Nigeria 09-14