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Notice Concerning the Issuance of Stock Compensation-type Stock
Options (Stock Acquisition Rights)
Tokyo (April 27, 2017) - Bridgestone Corporation (the "Company") has announced that its
Board of Directors, at a meeting on April 27, 2017, decided the issuance of stock acquisitionrights as stock options and the terms of the issuance, as described below.

( Decisions / Resolutions )The Company will issue the below two (2) plans of stock options, considering the fact that someof recipients resides overseas.
I . The Company will issue stock acquisition rights to be allotted on May 12, 2017 to theCompany's Directors excluding non-executive Directors, Executive Officers who do notconcurrently serve as Directors and corporate officers who do not concurrently serve as
Executive Officers, soliciting their acceptances of “Bridgestone Corporation 15th Stock
Acquisition Rights Plan A”.
II. The Company will issue stock acquisition rights to be allotted on July 5, 2017 to theCompany's Executive Officers who do not concurrently serve as Directors and corporate
officers who do not concurrently serve as Executive Officers, soliciting their acceptances of“Bridgestone Corporation 15th Stock Acquisition Rights Plan B”.

(Details of the issuance of stock acquisition rights)
I . Reasons for the issuance of stock acquisition rights as stock options
The issuance of these stock acquisition rights is intended to heighten the motivation andmorale for enhancing the Company’s long-term corporate value of the Company's Directors
excluding non-executive Directors, Executive Officers who do not concurrently serve as
Directors and corporate officers who do not concurrently serve as Executive Officers, and topromote the sharing of the benefits and risks of share price fluctuations with theshareholders.
II. Details of the issuance of stock acquisition rights
1. Bridgestone Corporation 15th Stock Acquisition Rights Plan A (StockCompensation-type Stock Options)(1) Recipients, Number of recipients of stock acquisition rights and number of stock1acquisition rights to be allotted
Number ofrecipients

Number of stockacquisition rights
to be allotted

Directors excluding non-executive Directors

2260

Executive Officers who do not concurrently serve
as Directors

5312

Corporate officers who do not concurrently serve
as Executive Officers

45

1,493

Total

52

2,065

Recipients(2) Class and number of shares underlying the stock acquisitions rights
206,500 shares of the Company's common stock(The number of shares to be issued or transferred for each stock acquisition right shall be
100 shares (hereinafter referred to as the “number of granted shares”).)
The above total number of shares is the total number of stock acquisition rights written in(3) below multiplied by the number of granted shares. In the event that the total numberof stock acquisition rights to be allotted is reduced, the total number of shares to beissued by exercise of stock acquisition rights shall be considered to be the total numberof stock acquisition rights actually allotted multiplied by the number of granted shares.
(3) Total number of stock acquisition rights
2,605 rights
The above number is the total number of stock acquisition rights that are expected to beallotted. In the event that the total number of stock acquisition rights to be allotted isreduced, for example the total number of stock acquisition rights subscriptions does notreach the total number of stock acquisition rights written above, the total number of stockacquisition rights shall be considered to be the total number of stock acquisition rightsthat are actually allotted.
(4) Method of calculating the amount of payment for stock acquisition rights
The amount of payment in exchange for one stock acquisition rights shall be determinedby multiplying the fair value of one share, calculated using the Black-Scholes model
based on all conditions on the allotment date, by the number of granted shares.
The above-calculated amount is based on fair value and the stock acquisition rights
grantees (hereinafter referred to as the “grantee(s)”) are not provided with advantageousconditions. On the allotment date, the Company and the grantee shall offset theCompany's obligation to payment for the compensation for the execution of duties etc. ofthe grantee and the grantee's obligation to payment in exchange for the stock acquisitionrights, in an amount equivalent to the amount to be paid for the stock acquisition rights.
(5) Amount of property to be contributed to the Company upon the exercise of the stockacquisition rights
The amount of property to be contributed to the Company upon the exercise of each2

stock acquisition right shall be calculated by multiplying the amount of property to becontributed per share, which shall be 1 yen, by the number of granted shares.
(6) Exercisable period for the stock acquisition rights
From May 13, 2017, to May 12, 2037
(7) Conditions of the exercise of the stock acquisition rightsi ) The grantee may not exercise those stock acquisition rights during the period in which
they serve as a Director, Executive Officer or corporate officer of the Company(including the date of vocation of office; hereinafter referred to as the "Service Period").
ii ) In the event that the grantee's Service Period ends by the end of February 2018
(including the event that the period ends due to the death of the grantee), the stock
grantee (including the grantee's successor) may not exercise a certain number of theallotted stock acquisition rights (with fractional amounts of less than one stockacquisition right being discarded); that number shall be calculated by multiplying thenumber of stock acquisition rights allotted by the number of months in the period fromthe end of Service Period to March 31, 2018 (with amounts less than one month being
discarded), divided by 12.
iii) Partial execution of each stock acquisition right is not allowed.
iv) Other conditions shall be subject to the agreement on allotment of stock acquisitionrights concluded between the Company and the grantee.
(8) Matters concerning the amount of the increase in stated capital and capitalreserve from the issuance of shares upon the exercise of the stock acquisition rightsi ) The amount of the increase in stated capital from the issuance of shares upon theexercise of the stock acquisition rights shall be the amount equal to one-half of the limit
for an increase in capital, etc., calculated in accordance with the paragraph 1 of theArticle 17 of the Rules of Corporate Accounting of Japan (kaisha keisan kisoku), and any
fractional amounts less than 1 yen resulting from such calculation shall be rounded up.
ii ) The amount of the increase in capital reserve from the issuance of shares upon theexercise of the stock acquisition rights shall be the amount equal to the limit for anincrease in capital, etc., as stated in (i) above, less the amount of the increase in statedcapital as provided in (i) above.
(9) Items related to the acquisition of the stock acquisition rights
If the shareholders’ meeting of the Company approves a proposal of (i) a merger
agreement by which the Company dissolves or (ii) a share exchange agreement or ashare transfer plan by which the Company becomes a wholly owned subsidiary of anothercompany or companies, the Company may acquire the stock acquisition rights thenunexercised without any payment or other compensation, as of the date of such approval.
(10) Restrictions on acquisition of stock acquisition rights via transfer
Acquisition of stock acquisition rights via transfer shall require an approval of the Board of3

Directors of the Company.
(11) Date of Allotment of stock acquisition rights
May 12, 2017

2. Bridgestone Corporation 15th Stock Acquisition Rights Plan B (Stock
Compensation-type Stock Options)(1) Recipients, Number of recipients of stock acquisition rights and number of stockacquisition rights to be allotted
Number ofrecipients

Number of stockacquisition rights
to be allotted

Executive Officers who do not concurrently serve
as Directors172

Corporate officers who do not concurrently serve
as Executive Officers

271

Total

3143Recipients(2) Class and number of shares underlying the stock acquisitions rights
14,300 shares of the Company's common stock(The number of shares to be issued or transferred for each stock acquisition right shall be
100 shares (hereinafter referred to as the “number of granted shares”).)
The above total number of shares is the total number of stock acquisition rights written in(3) below multiplied by the number of granted shares. In the event that the total numberof stock acquisition rights to be allotted is reduced, the total number of shares to beissued by exercise of stock acquisition rights shall be considered to be the total numberof stock acquisition rights actually allotted multiplied by the number of granted shares.
(3) Total number of stock acquisition rights
143 rights
The above number is the total number of stock acquisition rights that are expected to beallotted. In the event that the total number of stock acquisition rights to be allotted isreduced, for example the total number of stock acquisition rights subscriptions does notreach the total number of stock acquisition rights written above, the total number of stockacquisition rights shall be considered to be the total number of stock acquisition rightsthat are actually allotted.
(4) Method of calculating the amount of payment for stock acquisition rights
The amount of payment in exchange for one stock acquisition rights shall be determinedby multiplying the fair value of one share, calculated using the Black-Scholes model
based on all conditions on the allotment date, by the number of granted shares.
The above-calculated amount is based on fair value and the stock acquisition rights
grantees (hereinafter referred to as the “grantee(s)”) are not provided with advantageous4conditions. On the allotment date,
the Company and the grantee shall offset the Company's obligation to payment for thecompensation for the execution of duties etc. of the grantee and the grantee's obligation
to payment in exchange for the stock acquisition rights, in an amount equivalent to theamount to be paid for the stock acquisition rights.
(5) Amount of property to be contributed to the Company upon the exercise of the stockacquisition rights
The amount of property to be contributed to the Company upon the exercise of eachstock acquisition right shall be calculated by multiplying the amount of property to becontributed per share, which shall be 1 yen, by the number of granted shares.
(6) Exercisable period for the stock acquisition rights
From July 6, 2017, to July 5, 2037
(7) Conditions of the exercise of the stock acquisition rightsi ) The grantee may not exercise those stock acquisition rights during the period in which
they serve as a Director, Executive Officer or corporate officer of the Company(including the date of vocation of office; hereinafter referred to as the "Service Period").
ii ) In the event that the grantee's Service Period ends by the end of February 2018
(including the event that the period ends due to the death of the grantee), the grantee(including the grantee's successor) may not exercise a certain number of the allotted
stock acquisition rights (with fractional amounts of less than one stock acquisition rightbeing discarded); that number shall be calculated by multiplying the number of stockacquisition rights allotted by the number of months in the period from the end of Service
Period to March 31, 2018 (with amounts less than one month being discarded), dividedby 12.
iii) Partial execution of each stock acquisition right is not allowed.
iv) Other conditions shall be subject to the agreement on allotment of stock acquisitionrights concluded between the Company and the grantee.
(8) Matters concerning the amount of the increase in stated capital and capitalreserve from the issuance of shares upon the exercise of the stock acquisition rightsi ) The amount of the increase in stated capital from the issuance of shares upon theexercise of the stock acquisition rights shall be the amount equal to one-half of the limit
for an increase in capital, etc., calculated in accordance with the paragraph 1 of theArticle 17 of the Rule of Corporate Accounting of Japan (kaisha keisan kisoku), and any
fractional amounts less than 1 yen resulting from such calculation shall be rounded up.
ii ) The amount of the increase in capital reserve from the issuance of shares upon theexercise of the stock acquisition rights shall be the amount equal to the limit for anincrease in capital, etc., as stated in (i) above, less the amount of the increase in statedcapital as provided in (i) above.
(9) Items related to the acquisition of the stock acquisition rights5If the shareholders’ meeting of the Company approves a proposal of (i) a merger
agreement by which the Company dissolves or (ii) a share exchange agreement or ashare transfer plan by which the Company becomes a wholly owned subsidiary of anothercompany or companies, the Company may acquire the stock acquisition rights thenunexercised without any payment or other compensation, as of the date of such approval.
(10) Restrictions on acquisition of stock acquisition rights via transfer
Acquisition of stock acquisition rights via transfer shall require an approval of the Board of
Directors of the Company.
(11) Date of Allotment of stock acquisition rights
July 5, 2017

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