Bridgestone Corp Ord (BRDCF) Q1 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.297 Thank you very much for attending 00:00:03.297 -- 00:00:09.468 the Q1 2024 financial results briefing hosted by Bridgestone Corporation. 00:00:09.468 -- 00:00:12.393 Let me introduce to you the presenters. 00:00:12.393 -- 00:00:18.704 To start with Director of Bridgestone Corporation, Representative Executive Officer Shuichi 00:00:18.704 -- 00:00:20.467 Ishibashi. 00:00:20.467 -- 00:00:25.756 as well as Global CFO and General Manager of 9th 00:00:25.756 -- 00:00:28.782 Finest Division, Naoki Hishinuma. 00:00:28.782 -- 00:00:30.985 We also have 00:00:30.985 -- 00:00:36.856 Yoshikazu Shida, Global CCO, as well as Global CAO, 00:00:36.856 -- 00:00:42.421 Masahiro Higashi. So I would like to hand it over 00:00:42.421 -- 00:00:47.490 to Mr. Shuichi Ishibashi, again, our global CEO, 00:00:47.490 -- 00:00:52.719 to take you through the overview of the first quarter 2024 financial summary 00:00:52.719 -- 00:00:55.581 and four-year forecast. 00:00:57.347 -- 00:00:59.768 Hello to everyone. 00:01:00.633 -- 00:01:04.256 I am Ishibashi, global CEO. 00:01:06.434 -- 00:01:07.915 2024, 00:01:07.915 -- 00:01:13.121 as the first year of the 24 medium-term business plan announced on 00:01:13.121 -- 00:01:15.122 March 1st, 00:01:15.122 -- 00:01:20.207 we will resolve remaining and new issues of the 21 medium-term 00:01:20.207 -- 00:01:25.573 business plan. Our top priority is to return to a strong bridge zone capable 00:01:25.573 -- 00:01:31.018 of adapting to change. So today I will explain our first quarter results, including 00:01:31.018 -- 00:01:34.760 the progress made to date. 00:01:38.311 -- 00:01:43.499 In the first quarter, although there were some challenges, such as lower demand for 00:01:43.499 -- 00:01:48.446 trucking bus tires in North A...