• Bloomberg

  • SHARE

Bridgestone Corp., the biggest tire maker, may use 2.6 percent less rubber in the year though December than projected in February as demand in the U.S. will be slower than forecast, said a Nomura Holdings Inc. analyst. Rubber futures and Bridgestone shares fell.

A decline in raw material costs and the yen mean the Tokyo-based company will still book a record profit this year even with weaker demand, Hisahiro Yamaoka at the equity research department said in an interview Thursday.

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.

SUBSCRIBE NOW