Bridgestone's sales increase in 2013 is expected to increase by 17% in 2013

February 2013, Bridgestone announced fiscal 2012 financial report, the high raw material prices and the continuing adverse situation to maintain a strong yen, sales for the company last year and operating profit growth are maintained.

In 2012, Bridgestone’s net sales totaled 3.0397 trillion yen (approximately US$32.5 billion), a slight year-on-year increase of 1%; operating profit reached 285.9 billion yen (approximately US$3.06 billion), compared to 191.3 billion in 2011. Yuan (approximately US$2.05 billion) surged 49%; Bridgestone’s net profit last year was 171.6 billion yen (approximately US$1.84 billion), a sharp increase of 67% year-on-year.

In 2012, Bridgestone's main tire business had net sales of 2,557.2 billion yen (approximately US$27.36 billion), an increase of 1% year-on-year. Tire business operating profit reached 260.4 billion yen (approximately US$2.79 billion), a year-on-year increase of 40%. .

In all regions, Bridgestone’s sales of tires in Japan last year maintained a steady increase compared to 2011, sales in the Americas maintained its level in 2011, and tire sales in the European market fell sharply in Asia Pacific. Regional sales have seen strong growth.

Forecasts for the first half of 2013 and the full year of 2013:

Given the global uncertain economic situation and volatile political environment, Bridgestone expects net sales to increase by 14% year-on-year to 1,690 billion yen (approximately US$18.08 billion) in the first half of this year. The cumulative annual net sales will increase year-on-year. 17% to 3,550 billion yen (about 37,990 million U.S. dollars); net profit for the first half of this year is expected to increase 40% year-on-year to 105 billion yen (about 1.12 billion U.S. dollars), and the cumulative annual net profit is expected to increase 37% year-on-year to 2,350 Billion yen (approximately $2.52 billion).

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