Bridgestone Corporation · TSE:5108
Bridgestone — H1 2008 Earnings Presentation
12 slides from Bridgestone's earnings presentation, Aug 8, 2008
Slide 1: Financial Results for First Half of Fiscal 2008
Financial Results for First Half of Fiscal 2008 Bridgestone Corporation August 8, 2008 1 Business and Financial Performance 2
Slide 2: Consolidated Results for First Half of Fiscal 2008
Consolidated Results for First Half of Fiscal 2008 Reference February ’08 (Yen in billions) Announcement 2007 2008 2008 1H Results 1H Results vs.PY(%) 1H Projection Net Sales 1,615.6 1,641.1 +2 1,690.0 Tires 1,304.7 1,327.6 +2 1,370.0 Diversified Products 322.1 321.8 - 320.0 Operating income 102.0 8
Slide 3: Consolidated Projection for Fiscal 2008
Consolidated Projection for Fiscal 2008 Reference February ’08 (Yen in billions) Announcement 2007 2008 2008 Results Projections vs.PY(%) Projections Net Sales 3,390.2 3,420.0 +1 3,560.0 Tires 2,755.9 2,800.0 +2 2,900.0 Diversified Products 656.3 620.0 (6) 660.0 Operating income 249.9 155.0 (38) 195
Slide 4: Consolidated Projection for Fiscal 2008; Raw Materials Costs and Price Increase
Consolidated Projection for Fiscal 2008 (Yen in billions) 2007 2008 Results Projections vs.PY(%) vs.MTP (*) Net Sales 3,390.2 3,420.0 +1 + Tires 2,755.9 2,800.0 +2 + Diversified Products 656.3 620.0 (6) - Operating income 249.9 155.0 (38) △ Ordinary income 219.0 117.0 (47) △ Net income 131.6 66.0 (5
Slide 5: Results for First Half and Fiscal 2008: Japan and Americas segments
Financial Results for First Half and Fiscal 2008: Japan segment (Yen in billions) 2007 2008 2007 2008 1H Results 1H Results vs.PY(%) Results Projections vs.PY(%) Net Sales 658.5 656.2 - 1,371.7 1,380.0 +1 Operating 68.1 39.9 (41) 147.5 73.0 (51) income Operating income 10.3 6.1 10.8 5.3 margin (%) 9
Slide 6: Results for First Half and Fiscal 2008: Europe and Other regions
Financial Results for First Half and Fiscal 2008: Europe segment (Yen in billions) 2007 2008 2007 2008 1H Results 1H Results vs.PY(%) Results Projections vs.PY(%) Net Sales 251.9 261.7 +4 516.0 530.0 +3 Operating 7.9 2.1 (73) 17.2 14.0 (19) income Operating income 3.1 0.8 3.3 2.6 margin (%) 11 Finan
Slide 7: Dividends
Dividends (Yen per share) Interim dividend (Date dividend paid: September 1, 2008) 13 yen Year-end dividend (forecast) 13 yen Annual dividend (forecast) 26 yen 13 Fundamental Management Policy and Related Initiatives in Fiscal 2008 14
Slide 8: The Progress of MTP 2007
The Progress of MTP 2007 “The higher level”: Expansion of tire strategic products (Yen in billions) MTP2007 target Progress in 2008 Factors for Operating increases Full Year Income Increase 1H Results (2007 to 2012) Projections Expansion of +100.0 +10.0 +27.0 tire strategic products ⇒ expected to co
Slide 9: Related Initiatives in First Half of Fiscal 2008: Alliance with Toyo Tire
Related Initiatives in First Half of Fiscal 2008 (1) Business and Capital Alliances with Toyo Tire & Rubber Co., Ltd. <Possible Business Alliance Areas> 1. Production-technology development 2. Procurement of Raw Materials, Other manufacturing components and Equipments 3. Cross Production 4. Logistic
Slide 10: Related Initiatives in First Half of Fiscal 2008
Related Initiatives in First Half of Fiscal 2008 Goal: Establish the status of being the undisputed world No. 1 both in name and reality Fundamental Management Policy: 1. To always aim for “the higher level” in all products and services (1) Enhance Strategic products Jun. 4 Bridgestone Shipments of
Slide 11: Disclaimer
Related Initiatives in First Half of Fiscal 2008 （4）Enhancing eco-friendly products and businesses Adhesive Film for Solar Modules (EVA (ethylene vinyl acetate) film) ※Bridgestone Corporation is working to extend ratio(*) of Eco-friendly products in the company to 100% by 2014 (*Ratio based on passe
Slide 12: END
IMDGESTONE END RIDGESTONE PASSION for EXCELLENCE