Bridgestone's 2013 Net Profit Expected to Surge by 43.4%

Bridgestone recently announced that its operating income and profit performance in the first three quarters of 2013 have achieved strong growth. In the first three quarters of 2013, Bridgestone’s operating income totaled 2,600.06 billion yen (approximately US$ 26.32 billion). Compared with 2,226.32 billion yen (approximately 22.49 billion U.S. dollars) in the same period of last year, it increased by 17.1%; operating profits totaled 381.93 billion yen (approximately 3.22 billion U.S. dollars), a year-on-year increase of 56%.

Bridgestone’s net profit for the first three quarters reached 195.86 billion yen (approximately 1.98 billion U.S. dollars), a surge of 69% compared to 115.87 billion yen (approximately 1.17 billion U.S. dollars) in the same period last year, and diluted net profit per share last year. In the same period, 147.9 yen (approximately 1.49 US dollars) surged to 249.9 yen (approximately 2.52 US dollars).

Fiscal Year 2013 Performance Expectations:

For the full year of 2013, Bridgestone expects its cumulative operating income to reach 3,590 billion yen (approximately US$36.26 billion), an increase of 18.1% over the previous fiscal year; net profit will reach 244 billion yen (approximately 24.85%). Billion US dollars), a surge of 43.4% over the same period last year.

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