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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 2022 JPYUSD
Gross Profit1,497.82B11,387.88M
Operating income440,705M3,350.66M
Income before tax417,683M3,175.62M
Net income305,509M2,322.77M
Diluted EPS429.633.26
Dividends Per Share1751.33
Total Assets4,961.81B37,605.19M
Total liabilities1,949.36B14,774.04M
Total equity2,965.80B22,477.59M
Operating cash flow268,483M2,041.26M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 3,650.11B 3,507.24B 2,695.22B 3,246.05B 4,110.07B
Gross Profit 1,345.85B 1,235.15B 927,058M 1,226.66B 1,497.82B
Operating income 402,733M 326,329M 166,305M 387,825M 440,705M
Income before tax 427,768M 335,510M 28,841M 371,387M 417,683M
Net income 291,642M 240,112M -19,790M 307,869M 305,509M
EBITDA 607,768M 596,078M 419,093M 633,724M 722,813M
Diluted EPS 387.27 331.75 -33.09 229.08 429.63
Dividends Per Share 160 160 110 170 175
Total Assets 3,840.26B 4,277.01B 4,189.32B 4,574.89B 4,961.81B
Total liabilities 1,404.10B 1,874.53B 1,994.03B 1,899.53B 1,949.36B
Total equity 2,381.96B 2,349.37B 2,149.95B 2,629.88B 2,965.80B
Operating cash flow 360,955M 505,029M 526,947M 281,538M 268,483M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 33,049.78M 32,173.34M 25,243.62M 29,543.65M 31,248.71M
Gross Profit 12,186.00M 11,330.57M 8,682.87M 11,164.32M 11,387.88M
Operating income 3,646.52M 2,993.54M 1,557.62M 3,529.74M 3,350.66M
Income before tax 3,873.20M 3,077.76M 270.12M 3,380.14M 3,175.62M
Net income 2,640.66M 2,202.64M -185.35M 2,802.03M 2,322.77M
EBITDA 5,503.01M 5,468.06M 3,925.24M 5,767.77M 5,495.52M
Diluted EPS 3.50 3.04 -0.31 2.08 3.26
Dividends Per Share 1.44 1.46 1.03 1.54 1.33
Total Assets 35,002.22M 39,356.02M 40,576.55M 39,728.12M 37,605.19M
Total liabilities 12,797.74M 17,249.02M 19,313.64M 16,495.48M 14,774.04M
Total equity 21,710.46M 21,618.38M 20,823.84M 22,837.76M 22,477.59M
Operating cash flow 3,268.25M 4,632.83M 4,935.41M 2,562.38M 2,041.26M

Valuation Measures

Dec 2022
Operating margin10.72%
Profit margin7.43%

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


  • Ishibashi Foundation (10.7%)
  • Nomura Asset Management Co., Ltd. (4.2%)
  • Bridgestone Corp. (4.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • 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

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  • Bridgestone Corp. /Anti-Vibration Rubber Bus/
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  • Groupe Aymes SAS
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  • Pension Fund of Bridgestone
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  • NLI US Investments, Inc.
  • Bridgestone India Automotive Products Pvt Ltd.
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  • Bridgestone Suzhou Co. Ltd.
  • Bridgestone Treasury Singapore Pte Ltd.
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  • PT Bridgestone Kalimantan Plantation
  • Bridgestone Tire Sales Vietnam LLC
  • Bridgestone NCR Co. Ltd.
  • Changzhou Bridgestone Flowtech Co. Ltd.


  • Goodyear Tire & Rubber Company
  • Cie Generale des Etablissements Michelin SA
  • Cheng Shin Rubber Ind. Co., Ltd.
  • 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.
  • EnPro Industries, Inc.
  • Ferreycorp SA
  • Federal Corp.
  • Giti Tire Corporation Class A
  • STR Holdings, Inc.
Last Updated on 30 Mar, 2023

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