Bridgestone has revised its financial projections in the first half of the 2010 fiscal year and released its projections for the entire fiscal year.
Its revised first half net sales figure of 1,360,000 million yen (£10.1 billion) is 1.5% higher than that previously given on May 7 and projected net income, now 37,000 million yen (£275.0 million), is 37% higher than the May 7 projection. The company now anticipates annual net sales of 2,900,000 million yen (£21.5), slightly higher than the 2,597,002 million yen earned in the 2009 financial year. Operating income, however, is projected to increase 58% to 130,000 million yen (£966.3 million), projected ordinary income is 113,000 million yen (£839.9 million) and net income to skyrocket from 1,043 million yen to 77,000 million yen (£572.4 million).