ANNUAL REPORT
2020

Operational Review

Our Business 
The Bridgestone Group

Building our unique business model (tire and solutions business)

A sustainable solutions
company that continues
to provide social andcustomer value
toward 2050
Headquartered in Tokyo, Bridgestone Corporation is a world leader in tire and rubber,
evolving into a sustainable solutions company. With a business presence in more than150 countries worldwide, Bridgestone offers a diverse portfolio of original equipment andreplacement tires, tire-centric solutions, mobility solutions, and other rubber-associatedand diversified products that deliver social and customer value.

C

Mobility
Solutions

Create and sell “value as system”
Business providing new value through products,
tire-related data and mobility-related data

B

Tire-centric
Solutions

Create and sell “value”

Business providing added value through products and tire related data

A

Value
amplified

GrowthBusiness

Tires

Produce and sell “products”

Produce and sell high-value-added (Dan-Totsu) products at an
optimum cost and price⇒ Base of Bridgestone Business Strategy

Core
Business(spiral up)

Evolve solutions business leveraging the strengths and expertise of the tire business
1/40

Expanding the Solutions Business by Leveraging
the Strengths and Expertise of the Tire Business
The Bridgestone Group is committed to actively address-

Growth Business: Expanding the Solutions Business to Create and Sell “Value” by Leveraging
Tire- and Mobility-Related Data

ing societal and tire industry issues on its j­ourney to

The Group is transforming into a solutions company

become a sustainable solutions company. T­ he businessthat creates and sells new “value” by utilizing tire- andenvironment and society are facing tremendous

mobility-related data, leveraging the strengths andchanges. To turn these changes into an opportunity, theexpertise of the tire business.

Group is focused on developing advanced solutions that• (B Business) Tire-centric Solutions business: Provide

provide social and customer value, while further

added value through products and tire-related data

strengthening its core tire business.

• (C Business) Mobility Solutions business: Provides newvalue through products, tire-related data and mobility-

Core Business: The Tire Business as a Base of
the Bridgestone Group’s Business Strategy
The Group continues to further strengthen its business

related data
* Dan-Totsu means to be the absolute and clear leader.

of producing and selling products.
• (A Business) Core tire business: Produces and sells highvalue added products (Dan-Totsu* products)

Contents
1

Change in Reporting Segments

Our Business

The Company has reorganized its prior business-based

2 Financial Highlights
4 Management Tasks
6	
Research and Development (R&D)
8 Intellectual Property
10Corporate Governance14	
Board of Directors and Executive Officers
15

Sustainability Data

18

Shareholder Information

19

Reporting Framework

Up to FY2019: J-GAAP

From 1Q of FY2020: IFRSBusiness Segments

New Segments

Tires

Japan

Diversified Products

Americasstructure. From fiscal 2020 onward, disclosure will be

Geographic Segments

Europe, Russia, Middle
East, India and Africa

uniformly conducted in accordance with the new seg-Japan

China, Asia-Pacificments. In addition, jurisdiction over the Indian market

Americashas been transferred from the China, Asia-Pacific segment to the new Europe, Russia, Middle East, India andEurope, Russia, Middle
East and Africa

Africa segment.

China, Asia-Pacificreporting segments and geographic location-based
Bridgestone Corporation is referred to as the “Company,” and theCompany and its subsidiaries are referred to as the “Group” in thispublication.

Forward-Looking Statements
The descriptions of projections and plans that appear in this annual
report are “forward-looking statements.” They involve known andunknown risks and uncertainties in regard to such factors as
product liability, currency exchange rates, raw material costs,
labor-management relations, and political stability. These andother variables could cause the Group’s actual performance andresults to differ from management’s projections and plans.

Note: Fiscal 2020 refers to the fiscal year ended December 31, 2020.

reporting segments to create new reporting segmentsfrom the perspective of disclosing performance information better matched to the Company’s organizational

ANNUAL REPORT 2020

Operational Review

1Financial Highlights Bridgestone Corporation and Subsidiaries
Years ended December 31, 2020, 2019, and 2018

2020

2019

2019

2018

IFRS

2020 / 2019

J-GAAP
Millions of yen

Revenue

Percent change

2020

Revenue

IFRS¥ billion
2020

Thousands of
U.S. dollars*

2019¥2,994,524¥3,507,243¥3,525,600¥3,650,111–14.6%$28,932,599

Adjusted operating profit

222,932

343,122

326,098

402,732–35.0

2,153,932

Profit (loss) attributable to owners of parent(23,301)

240,111

292,598

291,642—(225,130)

Total equity

2,195,291

2,402,477

2,344,291

2,436,162–8.6

21,210,541

Total assets

4,189,327

4,277,016

3,946,506

3,840,269–2.1

40,476,589

Capital expenditure

271,907

328,159289,290

268,421–17.1

2,627,120

Depreciation and amortization

267,454269,749

223,101

200,477–0.9

2,584,097

Research and development expenses

95,205106,202105,283

103,551–10.4

919,855

2018

5.5

7.4

—

—

—

—

2017

Return on invested capital (ROIC)

10.0

(1.0)

12.5

12.4

—

Yen

Percent change

3,507.2

2018

3,650.1

2017

3,643.4

IFRS J-GAAP
Note: Revenue excludes inter-segment transactions

Adjusted Operating Profit /Adjusted Operating Profit Margin¥ billion / %
2020

7.4

2019

IFRS

Net return on shareholders’ equity (ROE) (%)

2,994.5

222.9
9.8

343.1
11.0

402.7

11.5
J-GAAP

419.0

Adjusted Operating Profit Margin—

Profit (Loss) Attributable to Owners of Parent / ROEPer Share Data

U.S. dollars*¥ billion / %Net income (loss)

2020 (1.0)(23.3)

Basic¥(33.09)¥332.31¥404.95¥387.95–110.0%$(0.32)2019

Diluted(33.09)331.76404.28387.28–110.0(0.32)

2018

12.4

291.6

Cash dividends

110.00160.00160.00160.00

–31.3

1.06

2017

12.5

288.3

IFRS

10.0

J-GAAP

240.1

ROE* Solely for the convenience of readers, the Japanese yen amounts in this annual report are translated into U.S. dollars at the rate of ¥103.50 to $1, the approximate year-end rate.
Note: T he Group is preparing its consolidated financial statements based on International Financial Reporting Standards (IFRS) from fiscal 2020. Figures for fiscal 2019 are reclassified under IFRS and arestated together for comparison.

Revenue by Business Segment
Japan

Americas

Revenue

Composition
of Revenue¥ billion
2020

2019

24%

Composition
of Revenue¥ billion
2020

762.6

918.1

Revenue

2019

China, Asia-Pacific

Revenue

Revenue

45%

Composition
of Revenue¥ billion
2020

1,407.9

1,661.7

Europe, Russia, Middle East, India and Africa

2019

2020

564.3

640.1

18%

Composition
of Revenue¥ billion
394.6

2019

13%

462.8

Note:	T he amounts for segment results include inter-segment transactions that are eliminated in calculating the consolidated results.

2

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

3Management Tasks 

4The surrounding business environment is undergoingof providing social and customer value as a sustainable

Resource Transformation (HRX) as part of the Mid-Long

compared with 2005. We have newly formulated Mile-

substantial change in a wide range of areas, including

solutions company toward 2050. The Mid-Term Business

Term Business Strategy.

stone 2030, our new mid-term environmental targets.

international relations, politics, economics, environmen-

Plan, created for achieving this goal, seeks to evolve theWe announced our Sustainability Business Frame-

Milestone 2030 sets forth clear-cut targets to reduce CO2

tal issues, and technological innovation. Specifically, inGroup into a “strong” Bridgestone, leaner and more capa-

work in December 2020, placing sustainability at theemissions by 50% by 2030 compared with our emissions

2020, COVID-19 had a tremendous impact on our lives

ble of quickly adapting to changes in the business envi-

core of management and business. Adding the recycle

in 2011 and to achieve carbon neutrality by 2050. Fur-and the global economy, and efforts to combat global

ronment, by 2023. In 2020, we kept a close eye on thebusiness as an exploratory business to the existing tirethermore, to ramp up our contributions toward a circularwarming also attracted greater attention. Furthermore,

impact and outlook of COVID-19, enforced thorough crisisand solutions businesses, we aim to create a unique Sus-

economy, we aim to increase our use of recycled andthe mobility industry is facing a “once in a century”

management, and promoted cash-oriented manage-

tainability Business Model that contributes to resource

renewable materials to 40% of our resources by 2030.

­fundamental shift, with developments in MaaS (Mobility

ment. While continuing crisis management in 2021, we

circulation and reducing CO2 emissions throughout our

Positioning sustainability at our core, we will create bothas a Service) and CASE (Connected, Autonomous, Shared,

will promote the rebuilding of earning power that wevalue chain, achieving a win-win-win relationshipsocial and customer value and gain a competitive advan-

Electric) having a major impact on our business. With

began in 2020, through expense and cost structure refor-

between society, our customers, and Bridgestone. To

tage so that we can work with society and customers to

profits declining across the entire tire industry, we must

mation, including business portfolio and manufacturinghighlight our environmental efforts, in 2012, we set acreate a sustainable society.

adapt to change and be strong. Looking inward at thefootprint restructuring, and through pursuing operational

long-term environmental vision toward 2050; formu-

Group’s business results in recent years, a high-cost, high-excellence, mainly for our core business. In turn, we will

lated Milestone 2020, the mid-term environmental tar-

expense structure and price management issues haveinvest the resources generated in strategic growth invest-

gets for 2020; and carried out initiatives aimed at

emerged as factors causing operating profit to decline.

ments, focusing on areas with promising profitability, forachieving these targets. Through our global efforts, we

Against this backdrop, the Group has positioned theexample, strengthening our premium business strategy

reached these targets ahead of schedule in 2019. We

period beginning in 2020 as its “third foundation”

and expanding our solutions business. As enablers forhave reduced global water withdrawal intensity by 40%,

(Bridgestone 3.0) and formulated the Mid-Long Term

execution, we are also reinforcing our foundation forimproved resource productivity (sales per raw materials

Business Strategy. The Group remains focused on its goal

financial strategy and promoting Bridgestone’s Human

used) by 33%, and reduced CO2 intensity by 34%

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

5Research and Development (R&D) In order to realize our new vision, we will further rein-sites and to the operations of customers. Combining ourdeepen relationships with them through co-ideation,

Mobility Technologies to Achieve the SDGs” with theforce our core tire business and leverage its strengths tounique new technologies, including a new type of steel

co-R&D, and co-creation. We will accelerate innovation

Graduate School of Frontier Sciences at the University of

expand the solutions business, our growth business.

cord and other advanced materials, structures, and pro-in the areas of technology, business model, and design

Tokyo, DENSO Corporation, NSK Ltd., and ROHM Co., Ltd.

Technology innovation is what will support this evolu-

cess engineering, the MasterCore tire line has realized

to ultimately create new value for society and our cus-

The goal of this program is to conduct R&D on technolo-tion. We will work on R&D activities with a focus onsuperior durability without sacrificing performance intomers. The first of the facilities, the Bridgestone Inno-

gies for the electrification of mobility and make it more

technology innovation and accelerate innovation byother areas.

vation Gallery, was opened to the general public inresource-efficient and sustainable. The program will also

November 2020. The gallery features Bridgestone’s his-test a mechanism for making part of its results publicly

combining our strength in the physical domain, which

Our solutions business, which is our growth busi-

we have long accumulated on site (genba), with the dig-ness, includes aircraft solutions. We are collaborating

tory and corporate activities. We also have innovation

available to support open innovation. The program pro-ital domain. Through this, we will develop Dan-Totsu

with Japan Airlines Co., Ltd. to begin co-creating newsites in Rome, Italy, and in Akron, Ohio, in the U.S. These

motes research on tires for wireless charging systems

products and Dan-Totsu solutions.

value. Our tire wear prediction technologies will enablebases function as a Center of Excellence (CoE), leverag-with the aim of commercializing wireless charging for

In our core tire business, we have developed

us to realize greater accuracy in systematic tire replace-ing their respective strengths and collaborating globallyin-wheel motors that can be used while the vehicle is in

ENLITEN, a tire technology that balances light weightments, reduce wheel and tire inventories, and improve

while leading innovation and solutions initiatives.

motion. Additionally, the Group has jointly developed aand driving performance at a high level. ENLITEN is

the efficiency of aircraft maintenance programs. To help

The Group promotes co-creation of value withhigh-precision technology for diagnosing Para rubber

designed to reduce CO2 emissions through less resource

realize safer automobiles, we have collaborated withdiverse stakeholders, both inside and outside the Com-

tree diseases using artificial intelligence image analysis

utilization and increased fuel efficiency, while improving

Microsoft Corporation to develop the world’s first moni-pany, to support the evolution of mobility and contrib-with Information Services International-Dentsu, Ltd. Thissafety and peace of mind through enhanced driving per-toring system that can detect tire problems caused by

ute to the realization of a sustainable society. In thetechnology aims to achieve a stable, sustainable supply

formance, contributing to society and our customers.

exterior tire damage in real time while driving. Further-domain of new mobility, the Group has been participat-of natural rubber, a key material in the manufacturing ofTires with ENLITEN technology have already been

more, in Japan we have also begun offering Tirematics,

ing in an international space exploration mission

tires, and contributes to increasing the productivity of

selected as the original equipment on certain domestica digital solutions tool that can remotely monitor inter-

together with the Japan Aerospace Exploration Agency

rubber plantations. We will continue to fuse our uniqueand international vehicle manufacturers’ vehicles,

nal tire pressure, for truck and bus business operators.

(JAXA) and Toyota Motor Corporation. As part of this ini-

expertise in rubber with digital technology, cooperating

including electric vehicles. For our construction andtiative, the Group has begun researching tires forwith various partners to accelerate technology innova-

mining vehicle tires, we have developed the Dan-Totsu

Tokyo, to establish Bridgestone Innovation Park, a global

We have been renovating our R&D base in Kodaira,crewed, pressurized rovers required for moon explora-tion and co-create new value.

product Bridgestone MasterCore tire line, which offers

innovation hub. Here, we will start interaction withtion activities. Bridgestone also jointly established a

optimal performance that is customized to various mine

empathy with society, our customers, and partners, andsocial cooperation program titled “Open Innovation of© JAXA/TOYOTAENLITEN, a new innovative lightweight tire technology

6

Bridgestone Corporation

MasterCore tires installed on surface mining equipment

Bridgestone Innovation Park

Supporting research on tires for crewed, pressurized rovers
required for lunar surface mobility

ANNUAL REPORT 2020

Operational Review

7Intellectual Property 
Priority Issues Regarding Intellectual Property Activities

Risk-Related Information

Bridgestone’s Intellectual Property Department is working on three priorities. These were highlighted as important issues

The Group considers intellectual property as a fundamental management resource for increasing industry

regarding intellectual property, in pursuit of intellectual property that makes a true contribution to business.

competitiveness.
In cases where the intellectual property rights of the Group are infringed upon by third parties, the Group may
suffer lost product differentiation or competitiveness. In light of this risk, the Company is committed to protecting its

1 Strategic Intellectual Property

Throughout the Group’s entire business portfolio, from its core business

Activities That Support Value
Chain Operations(the tire business), to its growth business (the solutions business) and its

numerous intellectual property rights and defending these rights from infringement.
The following are examples of the Group’s actions for infringement of company intellectual property rights.

exploratory business (new areas), the Group is moving forward withcomprehensive intellectual property activities that are mindful of every
link in the value chain.
Furthermore, to respond to the proliferation of the Internet of Things

Bridgestone Wins Patent Infringement Lawsuit Regarding Truck Tirein Shanghai High People’s Court(IoT) and the increasing negotiations regarding intellectual property

Bridgestone Corporation received a favorable ruling fromthe Company’s patent rights. In May 2018, the Shanghai

rights across different industries, the Group is continuously enhancing thethe Shanghai High People’s Court in its truck tire patentIntellectual Property Court upheld Bridgestone’s claim

relevant management systems to protect the Group’s trade secrets andinfringement lawsuit against the major Chinese tireand ordered FANGXING to cease activities that are in vio-

manage contracts with third parties, in accordance with global standards.

manufacturer FANGXING RUBBER CO., LTD. (FANXING).

lation of the Company’s patent rights and pay damages

In September 2017, Bridgestone filed the lawsuit

to Bridgestone in the amount of roughly 620,000 Chi-with the Shanghai Intellectual Property Court. The law-nese yuan (approximately 9.9 million Japanese yen*).

2 F oreseeing of Overall Trends

Market conditions surrounding the Group have been changing at a fastersuit claimed that tire manufacturing and sales activities

FANGXING issued an appeal in June 2018, but the Shang-

via Intellectual Property
Information Analysis

pace and on a larger scale. In the automotive industry, changes in how

conducted by FANGXING utilized the tread pattern of

hai High People’s Court upheld the lower court’s deci-

the Group looks at mobility, including developments in self-driving vehi-

truck tires for which Bridgestone has taken out a patentsion, finalizing the decision in favor of Bridgestone.

cles and the shift to electric vehicles, are taking place as well. Within

and that these activities were therefore in violation ofthese conditions, we are utilizing intellectual property information analysis (IP landscaping) to take a proactive approach to monitor the activi-

Bridgestone Wins Tire Patent Infringement Lawsuit in China

ties of our competitors and within certain areas of technology. IP

Bridgestone Corporation received a favorable ruling

Bridgestone patent and that these activities were there-

landscaping allows the Group to foresee global trends that extend

from the Beijing Intellectual Property Court in its tire

fore in violation of the Company’s patent rights. In June

beyond our typical tire competitors to cover these other emerging tech-patent infringement lawsuit against Chinese tire manu-

2020, the Beijing Intellectual Property Court upheld

nologies. The analysis of technology areas beyond the tire industry pro-facturer SHANDONG VHEAL GROUP CO., LTD. (VHEAL).

Bridgestone’s claim and ordered VHEAL to cease activi-

vides management with a full view of the various influences on theseIn September 2017, Bridgestone filed the lawsuit

ties that are in violation of the Company’s patent rights

other emerging industries.

3 Strengthening of Groupwide
and Global Intellectual
Property Systems

The Group strengthens intellectual property governance on a Groupwide and global level to increase the integrity of the Group’s management strategies and intellectual property activities regarding business,
technology, and innovation.
The Group clarifies the functions and responsibilities of the Intellectual Property Department at each SBU (strategic business unit), builds
and strengthens the cooperative structure, and promotes efficient andeffective intellectual property activities.

with the Beijing Intellectual Property Court. The lawsuit

and pay damages to Bridgestone in the amount ofclaimed that VHEAL manufactured and sold tires utilizing

500,000 Chinese yuan (approximately 8 million Japa-

a truck tire tread pattern that was covered under anese yen*). The Court issued its decision in October 2020.

Bridgestone Settles Copyright Infringement Lawsuit in China
Bridgestone Corporation reached a judicial settlement by

its “B” mark as a work of fine art. After the lawsuit was

conciliation order on December 2, 2020 with regard to

filed, Bridgestone received a settlement offer from thethe copyright infringement lawsuit filed by Bridgestone

garment company.

against a Jiangsu garment company in Suzhou Intermediate People’s Court.

In an effort to quickly resolve the case, and after acomprehensive assessment of the offer, Bridgestone

In September 2019, Bridgestone filed the lawsuit

decided to enter into a judicial settlement whereby theclaiming that the garment manufacturing, sales, andcompany would pay Bridgestone 200,000 Chinese yuan

promotion activities, both online and offline, conducted(approximately 3.2 million Japanese yen*) and wouldby the company infringed on Bridgestone’s copyright ofabandon its trademark registration for the infringing mark.
* Converted at a rate of 16 Japanese yen to 1 Chinese yuan

Bridgestone takes any unauthorized use or infringement of its patents, trademarks, or any other intellectual property
very seriously. Through such activities, Bridgestone is prioritizing the safety and reliability associated with its products
and maintaining and enhancing its hard-earned brand value.
8

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

9Corporate Governance 

The Group considers the enhancement of corporate

Articles of Incorporation, the chairperson of the Annual

The various operating divisions involved in businessWith a recognition of the above efforts, the Compa-

governance to be one of its most important manage-

Shareholders’ Meeting, the chairperson of the Board of

execution—consisting of four executive officers, two of

ny’s Board of Directors has established a basic policy forment focus points. The Group believes that working to

Directors, and the persons that convene Board meetings

whom are representative executive officers responsible

establishing internal control systems.

increase management quality and enhance the transpar-

are selected via resolution by the Board of Directors.

for handling business execution for the Group as Global

ency of decision-making is indispensable and, accord-

CEO and Global COO—make decisions on the execution

ingly, continually strives to strengthen corporate

agement policies, important business execution mat-of operations delegated by the Board of Directors andcontrols and accelerate the pace of business execution.

governance. This ensures that the Group continues toters, and other matters that must be determined by theassume responsibility for the execution of those deci-

To aim for even higher levels in terms of the efficiency

fulfill its founding mission as stated in its corporate

Board of Directors are stipulated in the Articles of Incor-

sions. In addition, these divisions have adopted aand effectiveness of its business execution and over-philosophy: “Serving Society with Superior Quality.”

poration, the Board of Directors’ Rules, and Administra-system in which members are collectively responsible

sight, the Board of Directors has, in accordance with theBased on this approach, in accordance with thetive Authority Rules. These matters are determined after

for management. Moreover, the CEO and COO have beenbasic policy, transferred the authority for establishingcareful deliberations by the Board of Directors.

responsibility and authority delineated in the Adminis-

In addition, items related to decisions on basic man-placed in charge of each unit of the SBUs, which com-

internal control systems to the representative executive

trative Authority Rules, and in line with the Policy

The Company has established and maintains a cor-prise domestic and overseas Group companies as wellofficers and will oversee the execution of this task by

Management Rules, the Company is committed toporate governance system that functions through theas internal companies and employ a system of mutualsuch officers.

developing, communicating, and abiding by fair, trans-

appropriate, active performance of duties by the Nomi-

checks. These executive officers, as well as persons

parent decision-making and management policies.

nating Committee, the Audit Committee, and the Com-

responsible for major business entities, comprise theStatus of Outside Directors

pensation Committee, in conjunction with oversight of

the Global Executive Committee (Global EXCO), which

As of March 26, 2021, the Company has eight outside

Overview of Corporate Governance System

the executive officers and directors by the Board ofhas been established as an organizational body fordirectors.

In March 2016, the Company transitioned to the “Com-

Directors. The Nominating Committee has three mem-senior management. This committee aims to strengthen

The Company believes that outside directors contrib-pany with Nominating Committee, etc.” model of corpo-

bers, all of whom are outside directors. This committee

the checks and balances of the Group by debating andute to the strengthening of corporate governance, includ-

rate governance. Since this shift, the Company has madedetermines standards and policies for the fair and trans-

discussing management strategy and issues from a

ing maintaining fair decision-making at meetings of thecontinuous efforts to strengthen its corporate gover-parent appointment and dismissal of directors andglobal perspective (including sustainability as it pertains

Board of Directors. To that end, the outside directors pro-

nance system. As part of these efforts, the Company

makes appropriate proposals to the Board of Directors

to climate change and other factors), which improves

vide independent opinions that reflect their sound judg-

amended its Articles of Incorporation at the Annual

for the appointment and dismissal of the representative

the transparency of the decision-making process.

ment and extensive experience, which are based on their

Shareholders’ Meeting held on March 26, 2021, abolish-

executive officers under a fair and transparent succes-

In addition, each operating division involved in busi-

ing the Chairman of the Board system in favor of asion plan. The Audit Committee has seven members,

ness execution maintains a system for reporting to theThrough initiatives and deliberations at meetings ofsystem in which the chairperson of the Annual Share-

consisting of five outside directors and two internal

appropriate representative executive officers of said

the Board of Directors, such as the reporting of financial

holders’ Meeting and the chairperson of the Board of

non-executive directors. This committee conducts audits

divisions regarding the execution of duties. This infor-

results, review of the policy governing internal control

Directors are each appointed according to their respec-

regarding the business execution of executive officers

mation is also regularly and promptly reported to thesystems, and reporting on operational status based ontive roles.

and the execution of duties of directors. The two inter-

Board of Directors in order to aid in their deliberations,this policy, the outside directors directly and indirectly

These changes were made to continue enriching

diverse backgrounds and fields of specialization.

nal non-executive directors on the Audit Committee are

and these actions ensure that the Group maintains an

receive reports from internal control departments andexplanations on the Company’s management to its

full-time members of the Audit Committee. The Com-effective supervisory function.

implement effective oversight of the executive officers

shareholders by selecting the chairperson of the Annual

pensation Committee has three members, all of whomand directors.

Shareholders’ Meeting from among representative exec-

are outside directors. This committee deliberates on

utive officers at a meeting of the Board of Directors, andsuch matters as the details of compensation for direc-

Basic Policy for Establishing Internal Control
Systems

tors and executive officers.

The Company’s mission is stated in its corporate philos-

Status of Audit Committee Audits, Internal
Audits, and Accounting Audits

In addition, to further increase the transparency of

ophy: “Serving Society with Superior Quality.” Guided by

Status of Audit Committee audits

from among directors (including outside directors) at a

corporate governance, the Governance Committee andthis mission, the Company has set a vision to "continue

The Audit Committee consists of five outside directors

meeting of the Board of Directors.

the Compliance Committee have been established as

to provide social value and customer value as a sustain-

and two full-time Audit Committee members for a total

These amendments also expressly state that theadvisory committees to the Board of Directors. Theseable solutions company toward 2050," and is workingof seven members.

Board of Directors will select the persons that convenecommittees deliberate on the corporate governancetoward this vision.

to further enhance execution and supervisory functions
by selecting the chairperson of the Board of Directors

In addition, the Company has assigned an executive
director with full-time responsibility for auditing to

the Annual Shareholders’ meetings and meetings of thesystem and related matters and on compliance activities

As part of this pursuit, the Company will maintain its

Board of Directors.

as a whole and submit reports to the Board of Directors.

basic policy of separating the roles of business execution

assist the operations of the Audit Committee. Under theBoth committees are composed of eight outside direc-

and oversight, overseeing business execution via thesupervision of this executive director, dedicated staff

tors. Two internal non-executive directors, who are

Board of Directors, and realizing appropriate and efficient

have been assigned to assist with audits by the commit-

eight outside directors (six men and two women). In

members of the Audit Committee, participate as observ-

business execution. The Company will also take anothertee. The selection and replacement of this executive

accordance with the aforementioned amendments to theers of the meetings of these committees.

step forward in establishing internal control systems.

director are decided through the agreement of the Audit

At the same Annual Shareholders’ Meeting, 12 directors (10 men and two women) were elected, including

10

Based on this policy, the Company’s Board of Directors will realize the further enhancement of internal

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

11

Status of the Internal Auditing Officedirector is also determined based on the evaluation of

The Internal Auditing Office and internal auditing depart-the Audit Committee.

ments within the Company’s operating divisions and

The Audit Committee met a total of 14 times during
the fiscal year under review.
The Company implements audits through coopera-

Company and Group companies. The Internal Auditing
Office receives direction and reports directly to the Audit
Committee, independent of any operating divisions

Office, and the independent auditors.

involved in business execution, from the perspective of

by directors and executive officers as well as the internal

Inquiry

Advisory Committee
to the Board of Directors

ReportNominating Committee (3, all outside directors)

Governance Committee (8, all outside directors)

Audit Committee (7, 5 outside directors, 2 internal directors)

Compliance Committee (8, all outside directors)

Compensation Committee (3, all outside directors)

Management oversightOperational execution

ensuring effective audits.
The Internal Auditing Office formulates an annual

control systems. These duties are performed under theaudit plan, which it reports to the Audit Committee;

auditing policy and audit plans determined by the Audit

evaluates the effectiveness and efficiency of internalCommittee, and, among other actions, involve inquiry

control systems; and conducts internal audits of each

into the status of business execution (including riskfunction, operating division, and Group companies inmanagement), reviewing reports from the Internal

Japan and overseas. In addition, the Internal Auditing

Auditing Office and the full-time members of the Audit

Office works with the internal audit departments at eachCommittee, engaging in opinion exchanges with repre-

operating division and at major Group Company onsentative executive officers, attending meetings of theactivities toward establishing an optimal internal Group

Global EXCO and other important meetings, holding on-

audit system. As of March 26, 2021, the Internal Auditingsite visits at major Group companies and business loca-

Office had 29 employees (excluding those working con-tions in Japan and overseas, and conducting interviews

currently in other positions).

with members of the respective audit committees andBoard of Directors (12) (including 8 outside directors)
Chairperson (outside director)

major Group companies conduct internal audits of thetion among the Audit Committee, the Internal Auditing
The Audit Committee audits the execution of duties

General Meeting of Shareholders

The Audit Committee, the Internal Audit Department

corporate auditors at these sites. The Audit Committee(comprising the Internal Auditing Office and internal

also receives reports and explanations on audit plans,

auditing departments within the Company’s operating

audit methods, and results from the accounting auditor,

divisions and major subsidiaries), and accounting audi-

and then verifies the results.

tors exchange information and opinions as necessary

In addition to the duties above, the full-time mem-and generally maintain close contact, thereby working

bers of the Audit Committee engage in daily information

to further increase audit efficiency and effectiveness.

gathering in cooperation with the Internal Audit Depart-

Each department in charge of internal control provides

ment in order to improve audit effectiveness. Other

regular reports to the Audit Committee concerning themembers of the committee also attend Global EXCO andstatus of the development and operational status ofother meeting, and conduct audits at major domestic

their assigned internal control system.

Executive Officers (4) (including 1 foreign member)

Independent Auditors

Committee. Moreover, the evaluation of this executive

Accounting audit

Corporate Governance

Representative Executive Officers (2)Global CEO
Executive Director, responsible forInternal Auditing
Internal Auditing Office

Global COO

Global EXCO
Executive Officers andCorporate Officers, etc. (11)Internal
Audit(including 6 foreign members)

Other policy management
meetings
Officer Nomination andCompensation Meeting

SBUs (Strategic Business Units)
Domestic / overseas Group companies& internal companies

Internal
Control Systems

CEO

Support...

GBS(Global BusinessSupport)COO

As of March 26, 2021
For information regarding the report on the “Corporate Governance Code,” please refer to the following URL.
Corporate Governance Code Reporthttps://www.bridgestone.com/corporate/library/corporate_governance/index.html

and Group companies.
Some in-person visits to major Group companies in

Status of accounting audits

Japan and overseas have not been possible due to COVID-

In cooperation with the Audit Committee, Deloitte

19; however, web conferencing tools have been used toTouche Tohmatsu LLC performs the accounting audit offacilitate online interviews as an alternative. The account-

the Company’s financial statements. The accounting

ing auditors have also provided reports regarding theaudit team in fiscal 2020 comprised three certified

impact of COVID-19 on accounting audits. The accounting

public accountants who performed accounting audits; 11

auditors’ response to COVID-19 to ensure appropriate

certified public accountants who assisted in the perfor-

auditing has been confirmed by the Company. Should

mance of accounting audits; three associate members

another abnormal event that could hinder the perfor-of the Japanese Institute of Certified Public Accountants;

mance of audits occur in the future, we will ensure thatand 13 other staff members.

proper audits can still be performed by utilizing web conferencing tools and other digital technologies and by further strengthening ties with accounting auditors.

12

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

13Board of Directors and Executive Officers 

Sustainability Data 

As of March 26, 2021

The Bridgestone Group discloses environmental,

Total Energy Consumption*1

social, and governance (ESG) initiatives to its stake-

38,297 thousand GJ

BOARD OF DIRECTORSEXECUTIVE OFFICERS

Shuichi ISHIBASHI

Shuichi ISHIBASHI

Member of the Board
Global CEO and Representative Executive Officer

Member of the Board
Global CEO and Representative Executive Officer

Masahiro HIGASHI

Masahiro HIGASHI

Member of the Board
Global COO and Representative Executive Officer
Global CAO
BSJP CEOResponsible for BSJP;
Concurrently responsible for BSJP Tire Solutions Business and BSJP COO

Member of the Board
Global COO and Representative Executive Officer
Global CAO
BSJP CEOResponsible for BSJP;
Concurrently responsible for Japan Tire Business

Scott Trevor DAVIS

Paolo FERRARIMember of the Board*1
Member of the Nominating Committee
Member of the Compensation Committee

Executive Vice President and Executive Officer
Global CSO (Global Chief Business Solutions Officer)*2
BSAM Member of the Board, CEO and President

Yuri OKINA

Masato BANNO

Detailed ESG Information

Member of the Board*1
Member of the Nominating Committee
Member of the Compensation Committee

Senior Vice President and Executive Officer
Global Chief Technology Officer (Global CTO)
Responsible for Technology, Quality Management

For more detailed information regarding ourholders via its Sustainability Report and the sustainability section of its website. Annual Report 2020
contains a selection of quantitative information fromthose publications—which have been disclosed with

2020

1,752

tainability Accounting Standards Board (SASB) for

2019

953

45,002

auto parts—and has been deemed particularly impor-

2018

885

46,014tant for investors, the primary targets of this report.

2017

reference to the ESG disclosure standard of the Sus-

ESG areas, please refer to Sustainability Report

2020–2021 (expected release date: June 29,

Member of the Board*1
Member of the Nominating Committee
Member of the Compensation Committee2021), or our website. The reporting period andKenzo YAMAMOTO

Reporting Period

Keikou TERUIMember of the Board*1
Member of the Audit Committee

Seiichi SASA

scope of this are stated below.

This report focuses on data and ­activities forfiscal 2020 (January 1 to December 31, 2020),
although it also i­ncludes some information

Organizational Coverage

Yojiro SHIBA

Bridgestone Group, including Bridgestone

Member of the Board*1
Member of the Audit Committee

Corporation and subsidiaries and affiliates

Member of the Board
Member of the Audit Committee

The Bridgestone Group operates businesses around theworld. The Group has been working to meet various global
needs while creating sustainable value by enhancing socialand environmental positive impacts. To this effect, theGroup has implemented energy-saving measures in its
plants and offices, seeking more effective use of limited
energy resources. Total energy consumption (total
consumption at manufacturing plants) decreased to 38,297
thousand GJ in fiscal 2020, a 14.9% decrease from theprevious fiscal year.
*1	Calculated by “fuel consumption + purchased electricity + purchased
steam + solar power generation, etc. – electricity sold”*2	Disclosed from 2018

Withdrawal of Freshwater*This report covers the initiatives of the27,472 thousand m

3around the world.

Thousand m3

Member of the Board*1
Member of the Audit Committee

Hideo HARA

45,838applicable to years prior and after fiscal 2020.

Member of the Board*1
Member of the Audit Committee

Yoko SUZUKI

38,297n n Renewable energy*2

Kenichi MASUDA

Member of the Board*1
Member of the Audit Committee

Thousand GJ

2020

Sustainability
ReportWebsite27,472

2019

30,4592018

31,6232017

32,259Bridgestone Global

Bridgestone Your Journey, Our Passion
About Bridgestone

Products & Innovation

Sustainability

Investors

Local websites

Olympics & Paralympics
Japanese

Tsuyoshi YOSHIMI

Sustainability

Sustainability

Member of the Board
Member of the Audit Committee“Understanding that Serving Society with Superior Quality is our heritage and our mission, and embracing our responsibility tofuture generations as a global leader in our industries, Bridgestone and its teammates around the world employ innovation andtechnology to improve the way people move, live, work and play.”*1 Outside Director as set forth in Article 2 (XV) of the Companies Act.

More

Top Commitment*2 Effective July 1, 2021

Corporate Governance

As we progress toward our 2050 vision, we will become asustainable solutions company that provides social and customer
value.

The Bridgesone Group considers the enhancement of corporate
governance to be one of its most important management focus
points.

More

More

Priority Areas

Sustainability Report
2020–2021

For information regarding major subsidiaries, please refer to the following URL.
Major subsidiaries
https://www.bridgestone.com/ir/shareholders/pdf/notice_102_eng.pdf

To accelerate sustainable mobility innovations throughadvanced technologies and solutions

Employ our strengths to support our communities andenhance the way people live, learn and work

To help ensure a healthy environment for current andfuture generations...

Mobility

PeopleEnvironment

Management Fundamentals

https://www.bridgestone.com/
responsibilities/index.html
Compliance, Fair Competition

Business Continuity (BCP), Risk Management

Human Rights, Labor Practices

Safety, Industrial Hygiene

Procurement

Quality and Customer Value

Cooling water and steam are important elements in the
production process and the continued use of water
resources cannot be separated from the continuation ofbusiness for the Group. The Group is therefore working to
implement activities to reduce water withdrawal. Total
withdrawal of freshwater decreased to 27,472 thousand m3
in fiscal 2020, a 9.8% decrease from the previous fiscal year.
* Does not include recycled water from third parties and rainwater

Sustainable Natural Rubber

Visit our microsite that highlights our approach to sustainable procurement of natural rubber

Stakeholders
Communication

Bridgestone Group Awards

Sustainability Reporting

More

External Assessments

Index / ESG Data
Download our recent Sustainability
Reports

14

Partnerships andCollaboration with externalorganizations

GRI and TCFD Index
ESG Data

Bridgestone Corporation

More

ANNUAL REPORT 2020

Social Contribution Activity
Bridgestone Group is committed to being an outstanding corporate
citizen, and it is dedicated to contributing the good of thecommunities to realize a better society.

About Bridgestone
The Bridgestone Group is eternally committed to serving society with superior quality.
The group will fulfill our responsibilities decisively. As you reach for the future, the Group will remain by your side.

More

Operational Review

15

Sustainability Data

Amount of Raw Materials Used

Ratio of Recycled and Renewable Material

Recycling Waste Rate

Number of Employees

4,147 thousand tonnes

37%

90%

138,036

Thousand tonnes%%

People2020

Ratio ofrenewablematerial*
26

4,147

2019

5,048

2018

5,229

2017

5,047

2020
2019

86

2018

Fiscal2020

Europe, Russia,
Middle East,
India and Africa
21,93590%

88

Fiscal
2020

90

2017
Ratio ofrecycled
material
11

Given the increase in demand in light of population growthand people’s more convenient lifestyles, there are concerns
that, if nothing changes, the growth in demand for raw
materials will exceed the earth’s capacity. To avoid this, theBridgestone Group is taking steps to improve its resource
productivity* by promoting new business models and thedevelopment of technology. In fiscal 2020, raw material
consumption decreased to 4,147,000 tonnes, a 17.9%
decrease from the previous fiscal year.

The increasing number of automobiles will likely boost tire
demand in the future. However, with this increase comesthe need to consider the increase in resource consumption
and environmental consequences. As part of the Company’sefforts to value and protect natural resources, theBridgestone Group uses recycled and renewable material.
The ratio of recycled and renewable material was 37% in
fiscal 2020.

Japan
29,701China,
Asia-Pacific
33,196

Americas53,204The Bridgestone Group envisions a robust circular
economy. As a part of its activities, the Group recycles
waste generated at production facilities to the greatest
extent possible for internal and external purposes. In fiscal
2020, the ratio of recycled waste was 90%.

In fiscal 2020, the Bridgestone Group had 138,036
employees, which includes 53,204 employees in theAmericas, 33,196 in China, Asia-Pacific, and 21,935 inEurope, Russia, Middle East, India and Africa.

Volume of Waste Generated*1

Reclaimed Products Rate*

Lost-time Injury Frequency Rate*1

1,504 thousand t-CO
SCOPE 2 1,659 thousand t-CO

289 thousand tonnes

66.7%

Bridgestone Group

Thousand t-CO2

Thousand tonnes*W ithin total material weight for tire products including tire casing for retreading* Sales per raw material used

Greenhouse Gas Emissions*

SCOPE 1

2
2

2020

1,504

1,659

%

2020

19

2019

21

360

20

352

2019

1,807

2018

1,868

2,263

2018

2017

1,871

2,327

2017

n n SCOPE 1

2,139

n n SCOPE 2

As a responsible corporate citizen, the Bridgestone Group ispaying close attention to the ongoing and projected impactsof climate change and science-based CO2 emission reduction
goals. Based on the projections of the Intergovernmental
Panel on Climate Change (IPCC) and other internationallyrecognized agencies, the Group has established a goal toreduce CO2 emissions in its business operations. In fiscal
2020, scope 1 CO2 emissions amounted to 1,504 thousand
t-CO2, and scope 2 emissions amounted to 1,659 thousand
t-CO2, with an overall decrease of 783,000 t-CO2 comparedto the previous fiscal year.

Beneficial
use
66.7

Other
33.3

Contractors*2

2.57
2.31

289
Fiscal2020

303

n n Regulated hazardous waste*2

The Bridgestone Group strives to effectively use natural
resources and to develop activities to promote themthroughout their entire life cycles, from procurement todisposal and recycling, and is making efforts to reduce thevolume of generated waste at each production facility andto reduce the occurrence of defective products throughquality control. In fiscal 2020, the Group generated 289,000
tonnes of waste, a 19.7% decrease from the previous
fiscal year.

End-of-life tires for passenger cars, trucks, and buses are
repurposed and used to produce construction materials,
rubberized asphalt, landscaping mulch, floor mats, tirederived fuel, and even components and materials in newtires. In fiscal 2020, the ratio of reclaimed products was
66.7%.
* Ratio of beneficial use such as material recycle, energy recovery, etc., except
for retreads, based on latest statistical data of tires

The Bridgestone Group has established Global Criteria for
Occupational Injury to classify injuries occurring at theGroup’s production, distribution, and sales facilities as wellas warehouses. In addition to compiling injury statistics ona quarterly basis, the Group puts relevant investigation
results to use in preventing similar injuries. In fiscal 2020,the lost-time injury frequency rate was 2.57.
*1	Frequency rate = (number of lost-time injuries/total working hours) ×
1,000,000*2 Aggregation starting from the second half of 2020*1	Total volume of waste including non-hazardous waste and regulated
hazardous waste*2 Disclosed from 2018

* Calculated CO2 emissions as GHG emissions

16

Bridgestone Corporation

ANNUAL REPORT 2020

Operational Review

17

Shareholder Information 
As of January 1, 2021

Head office

Consolidated subsidiaries

1-1, Kyobashi 3-chome, Chuo-ku,

280 companies

Tokyo 104-8340, Japan
Phone: +81-3-6836-3333 Fax: +81-3-6836-3184

Paid-in capital

https://www.bridgestone.com¥126,354 million

Established

Shares1931

Authorized: 1,450,000,000

Reporting Framework
Editorial Policy
To communicate initiatives intended to increase corporate value over the medium to long

Issued: 713,698,221

term, the Group reports financial and non-financial information in accordance with the

Employees
138,036 (Consolidated)following reporting framework. In preparing these reports, the Group referred to the In-

Transfer agent

ternational Integrated Reporting Framework proposed by the International Integrated

Sumitomo Mitsui Trust Bank, Limited

Reporting Council (IIRC).

Independent auditors

4-1, Marunouchi 1-chome, Chiyoda-ku,

Deloitte Touche Tohmatsu LLC

Tokyo 100-8233, Japan

In the following reports, the Group describes for a wide range of stakeholders its fundamental management policies for achieving sustainable growth, clarifies the social andenvironmental issues that it needs to address, and proactively discloses the initiatives

Technology center

Common stock traded

Japan: Tokyo and Yokohama

Tokyo, Nagoya, Fukuoka

that it is taking to address those issues.

Annual Report

United States: Akron, Ohio

Sustainability Report

CSR Website

Italy: Rome

Bridgestone Global

Bridgestone Your Journey, Our Passion
About Bridgestone

Products & Innovation

Sustainability

Investors

Local websites

Olympics & Paralympics
Japanese

China: Wuxi

Sustainability

Sustainability

Thailand: Pathum Thani“Understanding that Serving Society with Superior Quality is our heritage and our mission, and embracing our responsibility tofuture generations as a global leader in our industries, Bridgestone and its teammates around the world employ innovation andtechnology to improve the way people move, live, work and play.”More

Top Commitment

Common Stock Price Range

The Bridgesone Group considers the enhancement of corporate
governance to be one of its most important management focus
points.

More

More

Priority Areas(Tokyo Stock Exchange)

2014

2015

2016

2017

2018

2019

2020

Sustainability Report
2020–2021

Annual Report
2020

Yen

High

4,459

5,182

4,463

5,605

5,515

4,734

4,082

Low

3,328

3,754

3,089

3,973

3,906

3,888

2,861

To accelerate sustainable mobility innovations throughadvanced technologies and solutions

Employ our strengths to support our communities andenhance the way people live, learn and work

To help ensure a healthy environment for current andfuture generations...

Mobility

PeopleEnvironment

Management Fundamentals

https://www.bridgestone.com/
responsibilities/index.html

Overview of Corporate Communication Tools
Common Stock Price Index

Compliance, Fair Competition

Business Continuity (BCP), Risk Management

Human Rights, Labor Practices

Safety, Industrial Hygiene

Procurement

Quality and Customer Value

Sustainable Natural Rubber

Bridgestone Group Awards

Sustainability Reporting

Library
Common Stock Price Index
Nikkei Stock Average

More

About Bridgestone

Sustainability

Investors

Local websites

Olympics & Paralympics

Products & Innovation

Sustainability

Investors

Investor Relations

Library

Library

About Bridgestone

Japanese

Investor Relations

Philosophy
Strategy
Corporate Governance
Company Profile

BRIDGESTONE DATA

Full Contents (4.73MB)

Full Contents (1.3MB)

Annual Reports

Sustainability Report

Operational Review Full Contents (1.7MB)

Full Contents (4.9MB)

Products & InnovationNews

Sustainability

Investors

Passenger Tires

Mobility

Message from Global CEO

Philosophy

Motorcycle Tires

PeopleIR Library

Strategy

Commercial Tires

Environment

Financial Data

Corporate GovernanceAircraft Tires

Sustainability Reporting

Shareholders' Meeting

Location

ProfileOff The Road Tires

Social Contribution Activity

IR Calendar

Business and Financial Results for Q1 2021

Library
BRIDGESTONE DATA

Financial Review Full Contents (1.3MB)

Locations

Diversified Products

Library

Solution BusinessHistory

Bridgestone Innovation Park

Business Reports

Brand Message

Technology & Innovation

Sustainability Report

Corporate Museum

Basic Knowledge of Tires

Annual Reports

All files are in Adobe Acrobat Format. To view them, you will need to download Adobe
Reader.

About Bridgestone

ProfileCompany Profile

300

The Bridgestone Group is eternally committed to serving society with superior quality.
The group will fulfill our responsibilities decisively. As you reach for the future, the Group will remain by your side.

Local websites

Olympics & Paralympics

More

About Bridgestone

Bridgestone Global

Bridgestone Your Journey, Our Passion
About Bridgestone

GRI and TCFD Index

Social Contribution Activity
Bridgestone Group is committed to being an outstanding corporate
citizen, and it is dedicated to contributing the good of thecommunities to realize a better society.

Bridgestone Global

Products & Innovation

External Assessments

ESG Data

Investor Relations

Bridgestone Your Journey, Our Passion
About Bridgestone

Partnerships andCollaboration with externalorganizations

Index / ESG Data
Download our recent Sustainability
Reports

500

More

Visit our microsite that highlights our approach to sustainable procurement of natural rubber

Stakeholders
Communication(Relative to Nikkei Stock Average)

400

Corporate Governance

As we progress toward our 2050 vision, we will become asustainable solutions company that provides social and customer
value.

More

Corporate Governance

What's New
Olympics & Paralympics
Global Career

Event / Sponsorship
Procurement Information

HistoryNews
Brand Message
Corporate Museum

Sitemap

Event / Sponsorship

Terms of Use

Privacy Policy

Contact us

Procurement Information
Copyright© Bridgestone Corporation

Latest Financial Results

200

Message from Global CEO

About Bridgestone
I would like to convey my sincere appreciation to our shareholders

The Bridgestone Group is eternally committed to serving society with superior quality.
The group will fulfill our responsibilities decisively. As you reach for the future, the Group will remain by your side.

for their support of the Bridgestone Group.

More

About Bridgestone

100

Products & Innovation

Sustainability

News
Philosophy

Investors

Passenger Tires

Mobility

Message from Global CEO

Motorcycle Tires

PeopleIR Library

Strategy
Corporate GovernanceCommercial Tires

Environment

Financial Data

Aircraft Tires

Sustainability Reporting

Shareholders' Meeting

ProfileOff The Road Tires

Social Contribution Activity

Locations

Diversified Products

Library

Solution BusinessHistory

Bridgestone Innovation Park

Supplementary Information for Q1 2021

Technology & Innovation

Corporate Museum

Basic Knowledge of Tires

More

Global Career

Event / Sponsorship

Procurement Information

Sitemap

Terms of Use

Privacy Policy

Contact us

Copyright© Bridgestone Corporation

12/88 89

90

91

92

93

94

95

96

97

98

99

00

01

02

03

04

05

06

07

08

09

10

11

12

13

14

15

16

17

18

19

20

Download our recent Sustainability Reports

Financial Results Review Meeting for Q1 2021

Olympics & Paralympics

https://www.bridgestone.com/
corporate/library/index.html
Brand Message

Sustainability Report

Consolidated Financial Statements for Q1 2021

IR Calendar
What's New

Video:Financial Results Review Meeting and Mid-Term Business Plan Progress
UpdateAvailable from May 18th, 2021 to May 17th, 2022

https://www.bridgestone.com/ir/
index.html
IR LibraryFinancial Data

Earnings Announcements

Annual Reports

BRIDGESTONE DATA

Operating Results

Operating Results by Segment

Business Reports

Financial Positions

Cash Flows

Mid-Long Term Business Strategy

Sustainability Report

CAPEX, Depreciation/Amortization
and R&D

Production Volume and No. of
Employees

Articles of Incorporation

Corporate Governance
Dividend

News

Note: Relative value is based on 100 at the end of December 1988.

May 17, 2021

UpdateMid-Term Business Plan (2021-2023)
Progress Update

May 17, 2021

UpdateBusiness and Financial Results for Q1
2021

New

New

Apr 26, 2021

IR News

Notice of Disposal of Treasury Stock as
Performance Share Unit (157.7KB)
New

Apr 26, 2021

News Release

Bridgestone Announces Strategic
Growth Investments Based on Mid-TermBusiness Plan Acquiring Otraco OTR Tire
Management Solutions Business from
Downer (321.2KB)
New

View All

Philosophy & Strategy

Shareholders' Meeting

IR Calendar

Contact us (About IR)

Corporate Philosophy
Strategy

Stock Price(REUTERS)IR News Mail

Notes:

Statements made in this website 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.These statements are based on management's assumptions and beliefs in light of the information currently available to it.
Bridgestone cautions you that a number of important risks and uncertainties could cause actual results to differ materially from those discussed in the forward-looking statements,
and therefore you should not place undue reliance on them.

About Bridgestone
The Bridgestone Group is eternally committed to serving society with superior quality.
The group will fulfill our responsibilities decisively. As you reach for the future, the Group will remain by your side.

18

Bridgestone Corporation

About BridgestoneNews

Products & Innovation

Sustainability

Investors

Passenger Tires

Mobility

Message from Global CEO

Philosophy

Motorcycle Tires

PeopleIR Library

Strategy

Commercial Tires

Environment

Financial Data

Corporate GovernanceAircraft Tires

Sustainability Reporting

Shareholders' Meeting

ProfileOff The Road Tires

Social Contribution Activity

IR Calendar

Locations

Diversified Products

Library

Solution BusinessHistory

Bridgestone Innovation Park

Brand Message

Technology & Innovation

Corporate Museum

Basic Knowledge of Tires

Event / Sponsorship
Procurement Information

Sitemap

Terms of Use

Privacy Policy

Contact us

What's New
Olympics & Paralympics
Global Career

ANNUAL REPORT 2020

Operational Review

19Bridgestone Corporation
1-1, Kyobashi 3-chome, Chuo-ku, Tokyo 104-8340, Japan
https://www.bridgestone.com

June 2021