The Japanese tire manufacturer has recently reported its financial results for 2009 which reveal a drastic drop in net profits when compared to 2008. However, the company said it already aims recovery in 2010, but believes it might take more time to revive profit levels.
The Japanese group reported a net profit of JPY 1.04bn (US$ 11.3m) for 2009, which accounts for a 90 percent drop when compared with fiscal year 2008. Global Bridgestone tire sales also fell 20 percent in 2009, from JPY 3.234… (read more)