The initiative is a part of the company's global expense and cost structure review established in the Mid Term Business Plan (2021-2023), announced on
The following changes are being implemented:
Manufacturing
Products
Outline of Consolidation
Automotive
Seat Pads
Before Consolidation (Current) : 4 plants
BSCT Ageo Plant, Nabari Plant,
BDCP Tosu Plant
After Consolidation (To be implemented in the end of 2023)
BSCT Ageo Plant to be closed (Scheduled to close in 4th quarter of 2023)
Location:
Number of Employees : 63 (as of
Production of automotive seat pads to be consolidated to 3 plants,
BSCT Nabari Plant,
Bridgestone has discussed and implemented its restructuring of diversified products business based on Mid Term Business Plan (2021-2023). The company has thoroughly evaluated the future of automotive seat pads business and determined the consolidation of plants will contribute to the reinforcement of the business structure.
The employees of BSCT Ageo Plant are highly skilled and experienced and Bridgestone is expecting all current employees to continue to work as members of BSCT.
Bridgestone is also working closely with customers, suppliers, and the communities in the region to minimize the impact in the community, as much as possible.
Bridgestone expects the impact on its consolidated financial results for 2021 to be minor.
For more information on the
About
Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in
Bridgestone offers a diverse product portfolio of premium tires and advanced solutions backed by innovative technologies, improving the way people around the world move, live, work and play
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