Bridgestone has entered into an agreement to sell its group company engaged in manufacturing and selling carbon black, Bridgestone Carbon Black Thailand, to Tokai Carbon Co. and Thai Tokai Carbon Product Co. The transaction is part of business restructuring and rebuilding in Bridgestone's MidTerm Business Plan. The impact of the transaction on the consolidated financial forecast for the current fiscal year isminimal.
Bridgestone said it will continue to develop and produce strategic carbon black in-house in areas that are directly linked to its core competence - material technologies, or mastering rubber - and where proprietary knowledge and technologies are essential.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.