Simplify the following text for a Grade 10 native English-speaking person.
Original: Bridgestone Corporation is a multinational rubber conglomerate founded in 1931 by Shojiro Ishibashi in the city of Kurume , Fukuoka , Japan .
Simplified: Bridgestone Corporation ( is a multinational rubber conglomerate . It was founded in 1931 by Shojiro Ishibashi in the city of Kurume , Fukuoka , Japan .