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Bridgestone Corporation, along with its global affiliates, specializes in the production and sale of a comprehensive range of tires and various rubber-based items. The company's operations are distinctly divided into two core segments: Tires and Diversified Products. Within its Tires division, Bridgestone manufactures and distributes an extensive array of tires and inner tubes designed for virtually every vehicle type, including passenger cars, trucks, buses, heavy construction and mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, and scooters. This segment also…
NASHVILLE, Tenn.--(BUSINESS WIRE)--Drawbridge Realty has entered the Nashville commercial real estate market with the acquisition of Bridgestone Tower, a 30-story, Class AA office tower in downtown Nashville. The 514,000 square feet, LEED Gold property was developed as a build-to-suit for Bridgestone Americas and delivered in 2017. The property is fully leased to Bridgestone Americas, Inc., the largest subsidiary of Bridgestone Corporation (TSE: 5108), a publicly traded manufacturer and a globa.
RALEIGH, N.C., May 12, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold Bridgestone Tower, a 513,000 square foot office tower in CBD Nashville, for $255 million. This property is 100% leased and is projected to generate approximately $17 million of annual cash and GAAP net operating income in 2026.
Bekaert completes acquisition of tire cord business from Bridgestone in China and Thailand Bekaert has successfully completed the acquisition of Bridgestone's tire reinforcement business in China and Thailand, following the successful completion of all customary closing conditions and the receipt of regulatory approvals. The transaction includes the tire cord production facilities in China (Bridgestone (Shenyang) Steel Cord Co., Ltd.
Bridgestone faces macro headwinds, flat sales, and margin pressures, but cost optimization supports a contrarian buy rating. 2025 results showed flat sales at ¥4.4 trillion, with premium tire focus and factory closures offsetting sluggish demand and tariffs. 2026 guidance anticipates 2% sales growth, 4% profit increase, and margin expansion, driven by premium segments and cost reductions despite oil-linked input risks.
Bridgestone Corp. (OTCMKTS:BRDCY - Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $11.82, but opened at $11.21. Bridgestone shares last traded at $11.63, with a volume of 102,381 shares traded. Analysts Set New Price Targets Several equities analysts recently issued reports on the stock. Zacks