Bridgestone reported consolidated net profit of ¥318.9 billion for January–September 2024, with net profit for July–September at ¥112.6 billion, representing increases of 56.7% and 28.0%, respectively, year on year.
Bridgestone reported consolidated results for the cumulative 3Q period from January through September 2024 under IFRS, with net profit increasing 56.7% year on year to ¥318.9 billion. Revenue was ¥3,269,411 million, and progress against the full-year target reached 93.8%.
For July–September, net profit increased 28.0% year on year to ¥112.6 billion, while the operating margin on sales improved from 11.4% to 13.2%.
The outlook for 4Q of the current fiscal year implies a substantial drop in net profit to ¥21.0 billion, which could affect the full-year outlook.