Bridgestone Corporation · TSE:5108
Bridgestone — Bridgestone Corp Ord — Q1 2026 Earnings Presentation
19 slides from Bridgestone's earnings presentation, May 14, 2026
Slide 1: Financial Results for 1st Quarter of Fiscal 2026
Financial Results for 1st Quarter of Fiscal 2026 Bridgestone Corporation Bridgestone Corporation Vice President and Senior Officer CFO Naoki Hishinuma May 14, 2026
Slide 2: Agenda: Summary of Results and Business Performance
1. Summary of Financial Results for Q1 ･･･ 3 and Fiscal 2026 Guidance 2. Business and Financial Performance for Q1 of Fiscal 2026 ･･･ 6 2/12
Slide 3: 1. Summary of Financial Results for Q1 and Fiscal 2026 Guidance
1. Summary of Financial Results for Q1 and Fiscal 2026 Guidance 3/12
Slide 4: Summary of Financial Results for Q1 and Fiscal 2026 Guidance
Summary of Financial Results for Q1 and Fiscal 2026 Guidance Financial Results for Q1 (vs. PY) ◼ Achieved record-high Revenue and Adjusted OP for Q1, supported by a tailwind from Yen depreciation. ◼ Despite a slowdown in demand in North America, partly due to unfavorable winter weather, new consumer
Slide 5: Impact of the Middle East Situation
Impact of the Middle East Situation ◼ Safety Comes First — Ensuring the Safety of Employees engaging in the Middle East Priorities ◼ Close collaboration with local partners Direct Impact Estimated Impact of Cost Inflation ◼ Sales from these regions account for ◼ Estimated Cost Impact for FY2026 only
Slide 6: 2. Business and Financial Performance for Q1 of Fiscal 2026
2. Business and Financial Performance for Q1 of Fiscal 2026 6/12
Slide 7: Consolidated Financial Results for Q1 of Fiscal 2026
Consolidated Financial Results for Q1 of Fiscal 2026 (Yen in billions) 2025 Q1 2026 Q1 vs. PY (%) Results Results Revenue 1,058.1 1,113.4 +5 Adjusted Operating Profit 111.4 122.2 +10 Margin 10.5% 11.0% +0.4pp Profit Attributable to Owners of Parent 75.9 92.1 +21 USD/JPY ¥153 ¥157 ― EUR/JPY ¥160 ¥184
Slide 8: Analysis of Adjusted Operating Profit for Q1 of Fiscal 2026
Analysis of Adjusted Operating Profit for Q1 of Fiscal 2026 (vs. PY) (Yen in billions) 160.0 Volume Conversion Operating Raw MIX Currency Others Price Costs Expenses 140.0 Materials +8.0 (5.0) +5.0 (13.2) +0.0 (1.0) +14.0 +3.0 -Effect of improvement 122.2 120.0 111.4 -Incl. price impact from market-
Slide 9: Consolidated Financial Results by Segment for Q1 of Fiscal 2026
Consolidated Financial Results by Segment for Q1 of Fiscal 2026 (Yen in billions) 2025 Q1 2026 Q1 vs. PY (%) Results Results Revenue 299.9 303.8 +1 • Revenue and profit increased YoY, driven by Yen depreciation along Japan Adjusted OP 42.5 53.7 +26 with REP tire sales expansion and improved price/MI
Slide 10: Consolidated Financial Results by Product for Q1 of Fiscal 2026
Consolidated Financial Results by Product for Q1 of Fiscal 2026 (Yen in billions) 2025 Q1 2026 Q1 vs. PY (%) Results Results Revenue 596.1 636.8 +7 • Continued expansion of premium tires, including HRD tires, and improving sales MIX. PS/LT Adjusted OP 62.1 67.0 +8 • Achieved share gains in North Ame
Slide 11: Consolidated Financial Results by Business Portfolio
Consolidated Financial Results by Business portfolio for Q1 of Fiscal 2026 (Yen in billions) ◼ Tire business as core business: Secured AOP slightly less than 13％ despite a challenging business environment Core ◼ Commercial BtoB Solutions business as growth business: Secured an increase in revenue &
Slide 12: B/S and C/F Highlights for Q1 of Fiscal 2026
B/S and C/F Highlights for Q1 of Fiscal 2026 2025 Results (Yen in billions) 2026 Q1 Results (as of Dec 31, 2025) (as of Mar 31, 2026) vs. Dec 31, 2025 Capital Policy (Financial Activities) Total Assets 5,747.7 5,645.8 (101.9) (February announcement) Cash and cash equivalents 713.8 642.9 (70.9) ⚫ Com
Slide 13: Forward-looking statements disclaimer
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
Appendix BRIDGESTONE
Slide 15: Market Trend of Natural Rubber and Crude Oil
Appendix Market Trend of Natural Rubber and Crude Oil (average) Tire Demand for Q1 of 2026 (unit base% vs. PY) 2025 2026 Estimated by Bridgestone PSR/LTR TBR Q1 Q2 Q3 Q4 Q1 OE REP OE REP Natural Rubber 197 168 170 173 191 Japan 104% 99% 115% 91% 〈TSR20〉(*1)（￠/kg） (*2) N. America 98% 91% (*2) 79% 89%
Slide 16: Consolidated Financial Results by Business of Q1 for Fiscal 2026
Appendix Consolidated Financial Results by Business of Q1 for Fiscal 2026 (Diversified Products Business) (Yen in billions) Sports & Cycle Biz vs. PY (%) Revenue: 16.7 +1 Diversified Adjusted 0.2 - OP: Chemical & Industrial Products Business Products Biz vs. PY (%) vs. PY (%) Margin: 1.2% +2.7pp Rev
Slide 17: Premium tires for passenger car
Appendix Premium tires for passenger car - Without Dan-Totsu products, there can be no growth with quality North America Multi-brand strategy India Flagship product of all-season tire of touring All-season premium tire category (Launched in Mar. 2025) of touring category customized for the India mar
Slide 18: Premium tires for truck & bus
Appendix Premium tires for truck & bus - Without Dan-Totsu products, there can be no growth with quality N. America Japan Europe ECOPIA ECOPIA ECOPIA Steer Drive Trailer Flagship product for regional driving. All-season tire for paved roads and high- Flagship ECOPIA series for long-distance driving,
Slide 19: Forward-looking statements disclaimer
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