During fiscal 2013 (January 1 to December 31, 2013), the Companies’ operating environment was as follows. The domestic economy showed signs of gradual recovery supported by improved exportations and effectiveness of economic and monetary policies with maintaining the correction of the appreciated Japanese yen. The United States economy has also shown signs of recovery. Although the European economy has shown signs that it had bottomed out, it remained stagnant. The Asian economic expansion showed signs of a slowdown, particularly in China and India. Overall, recovery by many overseas economies was continuously weak.
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About Bridgestone EMEA (Europe, Middle East and Africa)
Bridgestone EMEA, with headquarters in Brussels, Belgium, is a wholly owned subsidiary of Tokyo-based Bridgestone Corporation, the world’s largest tyre and rubber company. Bridgestone EMEA operates in more than 60 countries and has over 18200 employees. Across the region it has 14 tyre and tyre related plants, a major R&D Centre and a proving ground. Bridgestone EMEA’s premium tyres are sold in Europe, Middle East, Africa and globally.