Bridgestone Corp. President Yoichiro Kaizaki on Tuesday dismissed a news report that its U.S. subsidiary, Bridgestone/Firestone Inc., may go bankrupt under massive damage claims sought against the U.S. unit over a tire recall scandal.

Bridgestone, however, will be forced to report a consolidated extraordinary loss of $900 million in the business year that ends in December due to tire recall-related losses, Kaizaki said at a news conference.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.