Moody’s affirms Bridgestone

Moody's Investors Service said it affirmed Bridgestone Corp.'s A2 issuer rating. The outlook remains stable.

“The affirmation of Bridgestone's ratings reflects our expectation that the company will maintain its leading market position and a sufficient buffer in financial position, despite the cyclical decline in recent earnings,” Takashi Akimoto, Moody's assistant vice president and analyst, said in a news release.

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