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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 2020 JPYUSD
Revenue2,994.52B28,046.88M
Gross Profit998,065M9,347.93M
Operating income180,771M1,693.11M
Income before tax29,266M274.10M
Net income-23,302M-218.24M
EBITDA448,225M4,198.10M
Diluted EPS-33.09-0.31
Dividends Per Share1101.03
Total Assets4,189.32B40,576.55M
Total liabilities1,994.03B19,313.64M
Total equity2,149.95B20,823.84M
Operating cash flow526,947M4,935.41M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,337.01B 3,643.42B 3,650.11B 3,507.24B 2,994.52B
Gross Profit 1,333.16B 1,347.21B 1,345.85B 1,235.15B 998,065M
Operating income 449,550M 419,047M 402,733M 326,329M 180,771M
Income before tax 421,588M 420,422M 427,768M 335,510M 29,266M
Net income 265,551M 288,276M 291,642M 240,112M -23,302M
EBITDA 639,610M 623,984M 607,768M 596,078M 448,225M
Diluted EPS 338.52 375.01 387.27 331.75 -33.09
Dividends Per Share 140 150 160 160 110
Total Assets 3,716.03B 3,959.03B 3,840.26B 4,277.01B 4,189.32B
Total liabilities 1,370.12B 1,556.29B 1,404.10B 1,874.53B 1,994.03B
Total equity 2,286.83B 2,345.77B 2,381.96B 2,349.37B 2,149.95B
Operating cash flow 444,535M 418,109M 360,955M 505,029M 526,947M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 30,710.94M 32,491.81M 33,049.78M 32,173.34M 28,046.88M
Gross Profit 12,269.29M 12,014.32M 12,186.00M 11,330.57M 9,347.93M
Operating income 4,137.25M 3,737.03M 3,646.52M 2,993.54M 1,693.11M
Income before tax 3,879.92M 3,749.29M 3,873.20M 3,077.76M 274.10M
Net income 2,443.89M 2,570.82M 2,640.66M 2,202.64M -218.24M
EBITDA 5,886.40M 5,564.64M 5,503.01M 5,468.06M 4,198.10M
Diluted EPS 3.11 3.34 3.50 3.04 -0.31
Dividends Per Share 1.28 1.33 1.44 1.46 1.03
Total Assets 31,860.33M 35,144.58M 35,002.22M 39,356.02M 40,576.55M
Total liabilities 11,747.14M 13,815.33M 12,797.74M 17,249.02M 19,313.64M
Total equity 19,606.77M 20,823.58M 21,710.46M 21,618.38M 20,823.84M
Operating cash flow 4,091.10M 3,728.66M 3,268.25M 4,632.83M 4,935.41M

Valuation Measures

Dec 2020
PER--
ROA-0.55%
ROE-1.03%
Operating margin6.03%
Profit margin-0.77%

Key executives

  • Chief Executive Officer & Director: Shuichi Ishibashi
  • President, Chief Operating Officer & Director: Akihiro Eto
  • Chief Technology Officer: Masato Sakano
  • Vice President: Christopher Nicastro
  • Vice President: Gabriel Asbun

Shareholders

  • Ishibashi Foundation (10.7%)
  • Nomura Asset Management Co., Ltd. (4.1%)
  • Asset Management One Co., Ltd. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • ISHIBASHI HIROSHI /BRIDGESTONE/ (2.9%)
  • Nagasaka Sangyo KK (2.2%)
  • The Vanguard Group, Inc. (2.0%)
  • 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 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.
  • 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 (Kaiping) Diversified Products 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.
  • Bridgestone Bandag Manufacturing (Thailand) Co. Ltd.
  • Bridgestone (Huizhou) Synthetic Rubber Co., Ltd.
  • Mexico Carbon Manufacturing SA de CV
  • Bridgestone Electro-Materials (Hong Kong) Ltd.

Competitors

  • Goodyear Tire & Rubber Company
  • Compagnie Generale des Etablissements Michelin SCA
  • Apollo Tyres Limited.
  • Shandong Linglong Tyre Co., Ltd. Class A
  • Cheng Shin Rubber Ind. Co., Ltd.
  • Nizhnekamskshina PJSC
  • Titan International, Inc.
  • Triangle Tyre Co., Ltd. Class A
  • Acushnet Holdings Corp.
  • Pirelli & C. S.p.A.
  • Monro Inc
  • Nankang Rubber Tire Corp., Ltd.
  • Honma Golf Ltd.
  • Fusheng Precision Co. Ltd.
  • Callaway Golf Company
  • Ferreycorp SA
  • Daetwyler Holding AG
  • EnPro Industries, Inc.
  • Federal Corp.
  • Giti Tire Corporation Class A
  • PFB Corporation
  • STR Holdings, Inc.
Last Updated on 21 Sep, 2021

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