Bridgestone Corporation · TSE:5108
Bridgestone — Bridgestone Corp Ord — Q2 2025 Earnings Presentation
14 slides from Bridgestone's earnings presentation, Aug 8, 2025
Slide 1: Financial Results for 1st Half of Fiscal 2025
Financial Results for 1st Half of Fiscal 2025 Bridgestone Corporation Global CFO and Executive Director, G Finance Bridgestone Corporation Naoki Hishinuma August 8, 2025
Slide 2: Business and Financial Performance for 1st Half of Fiscal 2025
1. Business and Financial Performance for 1st Half of Fiscal 2025 ･･･ 3 2. Fiscal 2025 Guidance ･･･ 11 2/12
Slide 3: 1. Business and Financial Performance for 1st Half of Fiscal 2025
1. Business and Financial Performance for 1st Half of Fiscal 2025 3/12
Slide 4: Consolidated Financial Results for 1st Half of Fiscal 2025
Consolidated Financial Results for 1st Half of Fiscal 2025 (Yen in billions) 2024 1H 2025 1H vs. PY (%) Results 1Q vs. PY (％) 2Q vs. PY(％) Results Revenue (*1) 2,176.8 1,058.1 (1) 1,058.3 (5) 2,116.4 (3) Adjusted (*1) Operating Profit 229.2 111.4 (7) 123.2 +13 234.6 +2 Margin 10.5% 10.5% (0.8) pp 11
Slide 5: Analysis of Adjusted Operating Profit for 1st Half of Fiscal 2025
Analysis of Adjusted Operating Profit for 1st Half of Fiscal 2025 (vs. PY) (Yen in billions) 300.0 L. America Operation Expenses Currency business Others Raw 250.0 229.2 Materials (29.0) Price MIX Volume Conversion Costs +30.0 +4.0 (1.0) Incl. (17.5) 234.6 +15.0 +9.0 (4.0) (1.0) Argentina +3.0 Brazi
Slide 6: Consolidated Financial Results by Segment for 1st Half of Fiscal 2025
Consolidated Financial Results by Segment for 1st Half of Fiscal 2025 (Yen in billions) 2024 1H 2025 1H vs. PY (％) Results Results Revenue 586.7 603.7 +3 Japan Adjusted OP 94.1 82.5 (12) Margin 16.0% 13.7% (2.4) pp Revenue 260.5 246.8 (5) Asia, Pacific, India and Adjusted OP 27.8 29.2 +5 China Margi
Slide 7: Consolidated Financial Results by Product for 1st Half of Fiscal 2025
Consolidated Financial Results by Product for 1st Half of Fiscal 2025 (Yen in billions) 2024 1H 2025 1H vs. PY (％) Results Results Revenue 1,211.5 1,177.7 (3) PS/LT Adjusted OP 128.3 124.1 (3) (incl. retail & credit card business) Margin 10.6% 10.5% (0.0) pp Revenue 489.8 485.2 (1) Adjusted OP 24.6
Slide 8: Consolidated Financial Results by Business for 1st Half of Fiscal 2025
Consolidated Financial Results by Business for 1st Half of Fiscal 2025 (Diversified Products Business) (Yen in billions) Sports & Cycle Biz vs. PY (%) Revenue: 31.5 (3) Diversified Adjusted (0.8) - OP: Chemical & Industrial Products Business Products Biz vs. PY (%) vs. PY (%) Margin: (2.4)% (2.4)pp
Slide 9: Adjustment Items for 1st Half of Fiscal 2025
Adjustment Items for 1st Half of Fiscal 2025 2025 1H Results (Yen in billions) Revenue 2,116.4 Adjusted Operating Profit 234.6 (Yen in billions) Adjustment Items (*1) 70.2 Adjustment Items(*1) 70.2 N. America TB tire plant rebuilding +27.4 Operating Profit 164.5 EU TB・Retread・AG tire plant rebuildin
Slide 10: B/S and C/F Highlights for 1st Half of Fiscal 2025
B/S and C/F Highlights for 1st Half of Fiscal 2025 (Yen in billions) Capital Policy (Financial Activities) 2024 Results 2025 1H Results (February announcement) (as of Dec 31, 2024) (as of Jun 30, 2025) vs. Dec 31, 2024 ⚫ Company has determined to acquire Treasury Stock of Total Assets 5,723.5 5,481.
Slide 11: 2. Fiscal 2025 Guidance
2. Fiscal 2025 Guidance 11/12
Slide 12: Fiscal 2025 Guidance
Fiscal 2025 Guidance (Yen in billions) 2025 Guidance 2024 Results vs. PY（%） (Feb 17, 2025 Announcement) Revenue 4,430.1 4,330.0 (2) Adjusted Operating Profit 483.3 505.0 +4 Margin 10.9% 11.7% +0.8pp Profit Attributable to Owners of Parent 285.0 253.0 (11) ROIC 8.2% 9.2% +1.0pp ROE 8.1% 7.2% (0.9)pp
Slide 13: Statements made in this presentation with respect to Bridgestone's current plans
Statements made in this presentation with respect to Bridgestone's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Bridgestone. Forward-looking statements include, but are not limited t
Slide 14: Appendix: Market Trend of Natural Rubber and Crude Oil, Tire Demand
APPENDIX Market Trend of Natural Rubber and Crude Oil (average) Tire Demand for 1H of 2025 (unit base% vs. PY) Estimated by Bridgestone PSR/LTR TBR 2024 2025 OE REP OE REP Q1 Q2 Q3 Q4 Q1 Q2 Japan 108% 104% 100% 114% Natural Rubber 157 168 175 196 197 168 (*2) (*2) 〈TSR20〉(*1)（￠/kg） N. America 94% 10