Consolidated Financial Statements for the First Half of the Fiscal Year Ending December 31, 2015.
In the first half of fiscal 2015 (January 1 to June 30, 2015), the operating environment surrounding Companies was as follows: the Japanese domestic economy continued gradual recovery with an improvement in company financial performance and employment environment while the appreciation of US dollar and lower price of crude oil continued. The United States economy continues steady recovery supported by an increase in consumer spending. The European economy has been affected by geopolitical risks, although it has been recovering. The Asian economic growth has shown sluggishness represented by slower Chinese economic expansion. Overall, many international economies were recovering weakly while the political and economic situation remained unstable.
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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.