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Consumer Durables

Bridgestone Corp.

Business Summary

Bridgestone Corp. engages in the manufacture and sale of tires and rubber products. It operates through the Tires and Diversified Products segments. The Tires segment manufactures and sells tires, tubes, wheels and accessories. It also offers retread material and services, and auto maintenance. The Diversified Products segment includes chemical and industrial products, sporting goods, bicycles, and financial services. The company was founded by Shojiro Ishibashi on March 1, 1931 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue3,246.05B29,543.65M
Gross Profit1,226.66B11,164.32M
Operating income387,825M3,529.74M
Income before tax371,387M3,380.14M
Net income307,869M2,802.03M
EBITDA633,724M5,767.77M
Diluted EPS229.082.08
Dividends Per Share1701.54
Total Assets4,574.89B39,728.12M
Total liabilities1,899.53B16,495.48M
Total equity2,629.88B22,837.76M
Operating cash flow281,538M2,562.38M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 3,643.42B 3,650.11B 3,507.24B 2,695.22B 3,246.05B
Gross Profit 1,347.21B 1,345.85B 1,235.15B 927,058M 1,226.66B
Operating income 419,047M 402,733M 326,329M 166,305M 387,825M
Income before tax 420,422M 427,768M 335,510M 28,841M 371,387M
Net income 288,276M 291,642M 240,112M -19,790M 307,869M
EBITDA 623,984M 607,768M 596,078M 419,093M 633,724M
Diluted EPS 375.01 387.27 331.75 -33.09 229.08
Dividends Per Share 150 160 160 110 170
Total Assets 3,959.03B 3,840.26B 4,277.01B 4,189.32B 4,574.89B
Total liabilities 1,556.29B 1,404.10B 1,874.53B 1,994.03B 1,899.53B
Total equity 2,345.77B 2,381.96B 2,349.37B 2,149.95B 2,629.88B
Operating cash flow 418,109M 360,955M 505,029M 526,947M 281,538M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 32,491.81M 33,049.78M 32,173.34M 25,243.62M 29,543.65M
Gross Profit 12,014.32M 12,186.00M 11,330.57M 8,682.87M 11,164.32M
Operating income 3,737.03M 3,646.52M 2,993.54M 1,557.62M 3,529.74M
Income before tax 3,749.29M 3,873.20M 3,077.76M 270.12M 3,380.14M
Net income 2,570.82M 2,640.66M 2,202.64M -185.35M 2,802.03M
EBITDA 5,564.64M 5,503.01M 5,468.06M 3,925.24M 5,767.77M
Diluted EPS 3.34 3.50 3.04 -0.31 2.08
Dividends Per Share 1.33 1.44 1.46 1.03 1.54
Total Assets 35,144.58M 35,002.22M 39,356.02M 40,576.55M 39,728.12M
Total liabilities 13,815.33M 12,797.74M 17,249.02M 19,313.64M 16,495.48M
Total equity 20,823.58M 21,710.46M 21,618.38M 20,823.84M 22,837.76M
Operating cash flow 3,728.66M 3,268.25M 4,632.83M 4,935.41M 2,562.38M

Valuation Measures

Dec 2021
PER21.57
ROA7.02%
ROE12.88%
Operating margin11.94%
Profit margin9.48%

Key executives

  • Global Chief Executive Officer & Director: Shuichi Ishibashi
  • Co-Global Chief Operating Officer & Director: Masahiro Higashi
  • Co-Global COO & Executive Officer: Paolo Ferrari
  • Global CFO & Senior Managing Executive Officer: Masuo Yoshimatsu
  • Global Chief Technology Officer: Masato Sakano

Shareholders

  • Ishibashi Foundation (10.7%)
  • Nomura Asset Management Co., Ltd. (4.1%)
  • Bridgestone Corp. (3.9%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • ISHIBASHI HIROSHI /BRIDGESTONE/ (2.9%)
  • Nagasaka Sangyo KK (2.2%)
  • The Vanguard Group, Inc. (2.1%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Nippon Life Insurance Co. (1.8%)

Contact Details

Related Companies

  • Bridgestone Retail Japan Co. Ltd.
  • Archem, Inc.
  • Bridgestone Ntec Co. Ltd.
  • Bridgestone Corp. /Anti-Vibration Rubber Bus/
  • Bridgestone Restricted Stock Compensation Plan
  • Bridgestone Mining Solutions Australia Pty Ltd.
  • NLI Commercial Mortgage Fund II LLC
  • NLI Commercial Mortgage Fund LLC
  • Bridgestone Aircraft Tire (China) Co., Ltd.
  • Groupe Aymes SAS
  • Transense Technologies Plc / iTrack Solutions Business/
  • Pension Fund of Bridgestone
  • Bridgestone Corp. /Unit Bath Business/
  • Bridgestone China Tires R & D Co. Ltd.
  • Bridgestone Hispania Manufacturing SLU
  • NLI US Investments, Inc.
  • Bridgestone India Automotive Products Pvt Ltd.
  • Bridgestone Diversified Products Japan Co. Ltd.
  • Bridgestone Hosepower LLC
  • PT Bridgestone Engineered Products Indonesia
  • Bridgestone Plant Engineering (Thailand) Co. Ltd.
  • Bridgestone Suzhou Co. Ltd.
  • Bridgestone Treasury Singapore Pte Ltd.
  • Bridgestone Mechanical Engineering (Changzhou) Co. Ltd.
  • Bridgestone REI Komposit Sdn. Bhd.
  • PT Bridgestone Sumatra Rubber Estate
  • PT Bridgestone Kalimantan Plantation
  • Bridgestone Tire Sales Vietnam LLC
  • Bridgestone NCR Co. Ltd.
  • Changzhou Bridgestone Flowtech Co. Ltd.

Competitors

  • Goodyear Tire & Rubber Company
  • Cheng Shin Rubber Ind. Co., Ltd.
  • Trelleborg AB Class B
  • Titan International, Inc.
  • Triangle Tyre Co., Ltd. Class A
  • Acushnet Holdings Corp.
  • Pirelli & C. S.p.A.
  • Topgolf Callaway Brands Corp.
  • Monro Inc
  • Qingdao Sentury Tire Co., Ltd. Class A
  • Nankang Rubber Tire Corp., Ltd.
  • Daetwyler Holding AG
  • Fusheng Precision Co. Ltd.
  • Ferreycorp SA
  • EnPro Industries, Inc.
  • Federal Corp.
  • Giti Tire Corporation Class A
  • STR Holdings, Inc.
Last Updated on 7 Dec, 2022

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