TOKYO (Nov. 5, 2010)—Bridgestone Corp. reported it returned to the black for the first nine months of its fiscal year, posting net income of $822.5 million compared with a loss of $338.4 million in that period a year earlier.
Sales climbed 11.6 percent for the three quarters to $25.9 billion.
The company said in many regions it sees signs of moderate economic recovery. Bridgestone returned to profitability in Japan and Europe, and its tire sales increased in North and South America.