trending Market Intelligence /marketintelligence/en/news-insights/trending/UpYIxoaY67L_edZUsRDjTQ2 content esgSubNav
In This List

Bridgestone Q3 profit falls YOY


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Banking Essentials Newsletter: 17th April Edition

Bridgestone Q3 profit falls YOY

Bridgestone Corp. said its normalized net income for the third quarter amounted to ¥72.52 per share, a decline of 10.2% from ¥80.76 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥55.36 billion, a decline of 12.6% from ¥63.35 billion in the prior-year period.

The normalized profit margin dropped to 6.0% from 7.9% in the year-earlier period.

Total revenue climbed 15.3% year over year to ¥920.23 billion from ¥798.24 billion, and total operating expenses rose 19.8% on an annual basis to ¥822.84 billion from ¥687.05 billion.

Reported net income grew 10.4% year over year to ¥65.93 billion, or ¥86.38 per share, from ¥59.70 billion, or ¥76.11 per share.

As of Nov. 10, US$1 was equivalent to ¥113.32.