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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 following segments: Tires and Diversified Products. 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 2019 JPYUSD
Revenue3,525.60B32,341.74M
Gross Profit1,281.38B11,754.68M
Operating income326,099M2,991.43M
Income before tax407,251M3,735.87M
Net income292,598M2,684.11M
EBITDA556,085M5,101.19M
Diluted EPS404.283.70
Dividends Per Share1601.46
Total Assets3,946.50B36,314.74M
Total liabilities1,602.21B14,743.13M
Total equity2,291.71B21,087.77M
Operating cash flow464,457M4,260.65M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 3,790.25B 3,337.01B 3,643.42B 3,650.11B 3,525.60B
Gross Profit 1,464.16B 1,333.16B 1,347.21B 1,345.85B 1,281.38B
Operating income 517,248M 449,550M 419,047M 402,733M 326,099M
Income before tax 478,159M 421,588M 420,422M 427,768M 407,251M
Net income 284,294M 265,551M 288,276M 291,642M 292,598M
EBITDA 721,727M 639,610M 623,984M 607,768M 556,085M
Diluted EPS 362.52 338.52 375.01 387.27 404.28
Dividends Per Share 130 140 150 160 160
Total Assets 3,795.84B 3,720.23B 3,959.03B 3,840.26B 3,946.50B
Total liabilities 1,513.83B 1,374.77B 1,556.29B 1,404.10B 1,602.21B
Total equity 2,211.53B 2,286.39B 2,345.77B 2,381.96B 2,291.71B
Operating cash flow 553,938M 444,535M 418,109M 360,955M 464,457M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 31,307.61M 30,710.94M 32,491.81M 33,049.78M 32,341.74M
Gross Profit 12,094.07M 12,269.29M 12,014.32M 12,186.00M 11,754.68M
Operating income 4,272.48M 4,137.25M 3,737.03M 3,646.52M 2,991.43M
Income before tax 3,949.61M 3,879.92M 3,749.29M 3,873.20M 3,735.87M
Net income 2,348.27M 2,443.89M 2,570.82M 2,640.66M 2,684.11M
EBITDA 5,961.49M 5,886.40M 5,564.64M 5,503.01M 5,101.19M
Diluted EPS 2.99 3.11 3.34 3.50 3.70
Dividends Per Share 1.07 1.28 1.33 1.44 1.46
Total Assets 31,554.47M 31,896.39M 35,144.58M 35,002.22M 36,314.74M
Total liabilities 12,584.35M 11,787.00M 13,815.33M 12,797.74M 14,743.13M
Total equity 18,384.28M 19,602.98M 20,823.58M 21,710.46M 21,087.77M
Operating cash flow 4,575.54M 4,091.10M 3,728.66M 3,268.25M 4,260.65M

Valuation Measures

Dec 2019
PER10.05
ROA7.51%
ROE12.52%
Operating margin9.24%
Profit margin8.29%

Key executives

  • Chairman & Chief Executive Officer: Masaaki Tsuya
  • President, Chief Operating Officer & Director: Akihiro Eto
  • Chief Technology Officer: Masato Sakano
  • EVP & Global Digital Strategic Officer: Paolo Ferrari
  • Executive Vice President: Christine Karbowiak

Shareholders

  • Ishibashi Foundation (10.7%)
  • Nomura Asset Management Co., Ltd. (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • ISHIBASHI HIROSHI /BRIDGESTONE/ (2.9%)
  • BlackRock Fund Advisors (2.6%)
  • Nippon Life Insurance Co. (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • Nagasaka Sangyo KK (2.2%)
  • Daiwa Asset Management Co. Ltd. (1.7%)
  • Nikko Asset Management Co., Ltd. (1.7%)

Contact Details

Related Companies

  • Pension Fund of Bridgestone
  • Bridgestone Corp. /Unit Bath Business/
  • 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.
  • Bridgestone Ever Light HK Co. Ltd.
  • Bridgestone Tire Manufacturing C.I.S LLC
  • Bridgestone off-the-Road Tire Latin America SA
  • Bridgestone South Africa (Pty) Ltd.
  • Bridgestone Specialty Tire Manufacturing (Thailand) Co. Ltd.
  • Bridgestone Metalpha (Thailand) Co. Ltd.
  • Bridgestone Automotive Products de Mexico SA de CV
  • Bridgestone Middle East & Africa FZE
  • Bridgestone Tire Manufacturing Vietnam LLC

Competitors

  • Continental AG
  • Compagnie Generale des Etablissements Michelin SCA
  • Goodyear Tire & Rubber Company
  • Cheng Shin Rubber Ind. Co., Ltd.
  • Cooper Tire & Rubber Company
  • Pirelli & C. S.p.A.
  • Yokohama Rubber Co., Ltd.
  • Sumitomo Rubber Industries, Ltd.
  • HANKOOK TIRE & TECHNOLOGY Co., Ltd.
  • Kumho Tire Co., Inc.
  • Toyo Tire Corporation
  • Giti Tire Corporation Class A
  • Apollo Tyres Limited.
  • JK Tyre & Industries Limited
  • Trelleborg AB Class B
  • Nokian Renkaat Oyj
  • Titan International, Inc.
  • Nizhnekamskshina PJSC
  • Qingdao Doublestar Co., Ltd. Class A
  • Daetwyler Holding AG
  • Nankang Rubber Tire Corp., Ltd.
  • Acushnet Holdings Corp.
  • Nordic Waterproofing Holding AS
  • Callaway Golf Company
  • EnPro Industries, Inc.
  • Federal Corp.
  • E. Schnapp Co. Works Ltd.
  • Fusheng Precision Co. Ltd.
  • Honma Golf Ltd.
  • PFB Corporation
Last Updated on 1 Apr, 2020

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