Bridgestone's sales in fiscal year 2011 increased 6% year-on-year

Japan Bridgestone Tire Corp. announced that its sales in fiscal year 2011 (January to December 2011) increased by 5.7% year-on-year to 300.43 billion yen (approximately US$38.25 billion). Bridgestone’s sales for fiscal year 2010 were 2,861.6 billion yen (approximately US$36.19 billion).

In fiscal 2011, Bridgestone’s operating profit was 191.3 billion yen (approximately US$2.4 billion), an increase of 14.9% year-on-year, and operating profit for fiscal year 2010 was 166.5 billion yen (approximately US$2.1 billion). Net profit for fiscal year 2011 was JPY103 billion (US$1.3 billion), an increase of 4.1% year-on-year, and net profit for fiscal year 2010 was 98.9 billion yen (about US$1.25 billion).

Bridgestone expects sales in the first half of fiscal year 2012 to be 1,520 billion yen (about 19.2 billion U.S. dollars), operating profit of 118 billion yen (about 1.5 billion U.S. dollars), and net profit of 70 billion yen. (about 890 million U.S. dollars). Sales for the fiscal year 2012 were 3.440 billion yen (about 41 billion U.S. dollars), operating profit was 269 billion yen (about 3.4 billion U.S. dollars), and net profit was 168 billion yen (about 21%). One hundred million U.S. dollars).