Bridgestone Corporation has recently released its consolidated financial results for first half of 2014, posting increases in Net sales, Operating income, Ordinary income, and Net Income, over the same period a year ago.
In a press release, Bridgestone indicated that for Net sales increased by 3% to ¥1750.2 billion; Operating income up by 17% to ¥223.1 billion; Ordinary income up by 19% to ¥219.9 billion; and Net income up by 22% to ¥142.2 billion.
Bridgestone and its subsidiaries (the Companies) is stepping up efforts on a global scale, anticipating market trends and competitors’ movements, enhancing technology, and promoting innovation to increase the sales of highly competitive products and services, including construction and enhanced business models that extend beyond sales of products. Moreover, the companies are striving to rapidly implement a range of initiatives to increase the sales of strategic products, strengthen supply capacity, improve manufacturing productivity, effectively utilise management resources, and develop eco-friendly products and businesses, Bridgestone added.
In the tyres segment, sales momentum are maximised by introducing appealing new products globally, enhancing strategic products, reinforcing fundamental competencies such as specification optimisation, and responding promptly to demand fluctuation in each region, according to Bridgestone.