Bridgestone seeks global No 1 position with huge CapEx programme

Tokyo — Bridgestone has written a new management plan for the period 2006 – 2008. The plan calls for the company “to assert undisputed leadership in the global tire industry.”

Specifically, the plan says Bridgestone aims for sales of Yen 3 trillion (Euro 21 600 million ) in 2008, rising to Yen 3.2 trillion in 2010. In addition, the company aims for a return on assets of 6 percent in 2008.

Press reports from Tokyo, confirmed by a Bridgestone spokesman, said the company also is aiming to…

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