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As of March 2023, Bridgestone Corporation was the leading rubber company in Japan, with total assets valued at almost *** Japanese yen. The multinational company has production facilities in ** countries.

 Bridgestone Corporation

Bridgestone Corporation was founded in 1931 and is headquartered in Tokyo. In recent years, it was one of the largest global producers of automotive tires. Tires made up its largest business segment, and the company had a global tire market share of over ** percent. Moreover, the Japanese company produced a wide range of other rubber-based products, including sports equipment, bicycles, and industrial rubber products such as conveyor belts, hydraulic hoses, and automotive components.

 Rubber industry in Japan

Since rubber can be used alone or in combination with other materials, it is utilized widely in many everyday life products. Industrial supplies and vehicle tires represented major products manufactured by the rubber industry. Japan's rubber industry has a strong position in automotive products since it is an important supplier of tires. Other manufactured rubber-based products include rubber hoses, belts as well as medical supplies, and sports equipment, highlighting the variety of products as a strong point of the Japanese rubber industry. Throughout the past decade, the sales value of rubber products in Japan remained at close to ** Japanese yen, indicating a constant demand for rubber products.