2024-02-16 09:15:38
February 16th: Bridgestone announced on the 16th that it expects consolidated net income for the fiscal year ending December 2024 (International Financial Reporting Standards) to be 359 billion yen, an increase of 8.4% from the previous year. The photo shows the Bridgestone logo, taken at Makuhari Messe in Chiba in January 2009 (2024 Reuters/Yuriko Nakao)
TOKYO (Reuters) – Bridgestone (5108.T), opens new tab said on the 16th that consolidated net profit for the fiscal year ending December 2024 (International Financial Reporting Standards) will increase 8.4% year-on-year to 359 billion yen. announced the outlook. The company will sell company housing in Roppongi, Tokyo, and will record a gain of approximately 63.4 billion yen.
The seller is a domestic corporation, and the property delivery date is scheduled for May 31st.
The net profit forecast is lower than the average forecast of 13 IBES analysts of 386.7 billion yen.
Demand for tires for new cars is expected to remain at the same level as last year, while demand for tires for followingmarket tires is expected to recover moderately. However, the business environment remains challenging due to economic trends in Europe, energy costs remaining high, and personnel costs rising. The exchange rate is assumed to be 1 dollar = 135 yen (141 yen last year) and 1 euro = 149 yen (152 yen last year).
The annual dividend is scheduled to increase to 210 yen (200 yen last year).
*Please see the financial figures. )
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