Consolidated Financial Statements
for the First Three Quarters of the Fiscal Year Ending December 31, 2018
November 8, 2018
These financial statements, prepared in accordance with accounting principles generally accepted in Japan, havebeen translated for reference only from the original Japanese-language document "KESSAN TANSHIN". The entire
format is pursuant to the requirements or guidance of Tokyo Stock Exchange. As for the contents, if there are any
differences or discrepancies between the original Japanese-language and the English translation, the originalJapanese-language supersedes this English translation.
Bridgestone Corporation
Code number:5108
Representative: Masaaki Tsuya,

Stock exchange listings: Tokyo, Nagoya, Fukuoka
URL:https://www.bridgestone.com/

Chairman of the Board
CEO and Representative Executive Officer
Contact:
Masahiro Kuroki, Treasurer, General Manager
Telephone:+81-3-6836-3100
Scheduled date of quarterly securities report submission:
November 8, 2018
Scheduled date of dividend payment commencement:
Supplementary information for the quarterly financial statements to be prepared:
Yes
Meeting to explain for the quarterly financial statements to be held:Yes(for institutional investors and analysts)(All amounts are rounded down to the nearest million yen)

1. Consolidated Results for the First Three Quarters of Fiscal 2018 (January 1, 2018 - September 30, 2018)(1) Consolidated Operating Results(Percentage figures represent changes from the same period of previous year)
Profit attributable toNet sales
Operating income
Ordinary income
owners of parent

Yen in millions

Nine months ended
2,674,192
September 30, 2018
Nine months ended
2,663,080
September 30, 2017
(Note) Comprehensive Income:%

Yen in millions%

Yen in millions%

Yen in millions%

0.4

290,864(3.0)

276,544(4.2)

219,464

11.0

299,736(9.0)

288,652(9.9)

197,771

8.0

8.9

Nine months ended September 30, 2018
Nine months ended September 30, 2017

Net income
per share

Diluted net income
per share
Yen

Yen

291.94291.43

256.35255.89Total assets

Net assets

Nine months ended
September 30, 2018
Nine months ended
September 30, 2017

¥195,342 million [(18.2)%]¥238,729 million [－%]

(2) Consolidated Financial Position
Ratio of total equity tototal assets

Yen in millions

Yen in millions%

As of September 30, 2018

3,922,881

2,468,743

61.5

As of December 31, 2017

3,959,038

2,402,738

59.2(Reference) Total equity:

As of September 30, 2018
As of December 31, 2017

¥2,412,442 million¥2,342,147 million

2. Dividends
1st quarterend

2nd quarter
end

Yen

Yen

Annual Dividend
3rd quarter
end
Yen

－
70.00
－
FY 2017－80.00－FY 2018
FY 2018(Projection)(Note) Changes from the latest forecasts released: No

Year -end

TotalYen

Yen

80.00

150.0080.00

160.003. Consolidated Projected Results for Fiscal 2018 (January 1, 2018 - December 31, 2018)(Percentage figures represent changes from the same period of previous year)
Profit attributable toNet income
Operating income
Ordinary income
owners of parentper shareNet sales

Yen in millions%

Yen in millions%

Yen in millions%

YenFY 2018
3,650,000
0.2
410,000(Note) Changes from the latest forecasts released: Yes

Yen in millions

%

(2.2)

385,000(3.9)

305,000

5.8

405.73

* Notes(1) Changes in principal subsidiaries during the nine months ended September 30, 2018 : No
(Changes in specified subsidiaries involving change in consolidation scope)(2) Application of special accounting treatments for consolidated quarterly financial statements: Yes(3) Changes in accounting policy, changes in accounting estimates, and restatements
1) Changes due to revisions of accounting standards, etc. : Yes
2) Changes in accounting policy other than 1): No3) Changes in accounting estimates: No4) Restatements: No(4) Outstanding number of shares (common stock)
1) Outstanding number of shares at period end (including treasury stock):
September 30, 2018
761,536,421 shares
December 31, 2017
813,102,321 shares
2) Number of shares of treasury stock at period end:
September 30, 2018
December 31, 2017

9,737,078 shares
61,375,611 shares

3) Average outstanding number of shares (during the first three quarters):
First Three Quarters ended September 30, 2018751,746,400 sharesFirst Three Quarters ended September 30, 2017
771,498,418 shares* Implementation status about the quarterly review
These financial statements are exempt from quarterly review.
* Statement regarding appropriate use of forward-looking statements and other notes
Projections of consolidated results for fiscal 2018 announced on August 9, 2018 are revised in this document.
The preceding descriptions of projections and plans are “forward-looking statements,” which involve known andunknown risks and uncertainties. These variables could cause the Bridgestone Group’s actual performance andfinancial results to differ substantially from management’s projections and plans, and the statements are notguarantees of future business performance.

Bridgestone Corporation (5108)

First three quarters results of fiscal 2018

[Index]Consolidated Financial Statements and Other Information (Notes)…P2(1) Consolidated Balance Sheet…P2(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income…P4Consolidated Statement of Income…P4Consolidated Statement of Comprehensive Income…P5(3) Notes to the Consolidated Financial Statements…P6(Notes regarding going concern assumption)…P6(Notes regarding significant changes in the amount of shareholders’ equity)…P6(Application of special accounting treatments for Consolidated Quarterly Financial Statements)…P6(Changes in accounting policies, Changes in accounting estimates and Restatements)…P61Bridgestone Corporation (5108)First three quarters results of fiscal 2018

3. Consolidated Quarterly Financial Statements(1) Consolidated Balance Sheet(Yen in millions)
FY 2017

FY 2018 Q3(As of December 31, 2017)(As of September 30, 2018)

AssetsCurrent Assets
Cash and deposits

511,895

389,501

Notes and accounts receivable

503,412586,048

Short-term investments

221,680

165,556

Merchandise and finished products

397,253433,889

Work in process

36,78744,039Raw materials and supplies

156,142

169,218

Other176,926

191,628

Allowance for doubtful accounts(17,062)(22,511)

1,987,0361,957,369

Buildings and structures, net

555,770

549,918

Machinery, equipment and vehicles, net

517,639

492,967

Other, net

399,636

407,262

1,473,046

1,450,147

Goodwill

43,781

41,558

Other

61,24861,159Total Intangible fixed assets

105,029

102,717

Investments in securities

278,802

293,634

Other

116,714120,349

Total Current Assets
Fixed Assets
Tangible fixed assets

Total Tangible Fixed Assets
Intangible fixed assets

Investments and other assets

Allowance for doubtful accounts(1,591)(1,336)

Total Investments and Other Assets

393,925412,646

Total Fixed Assets

1,972,002

1,965,512

Total Assets

3,959,038

3,922,881

2Bridgestone Corporation (5108)

First three quarters results of fiscal 2018

(Yen in millions)
FY 2017

FY 2018 Q3(As of December 31, 2017)(As of September 30, 2018)

Liabilities
Current Liabilities
Notes and accounts payable

232,698

241,483

Short-term borrowings

124,606

153,692―

132

Current portion of bonds

20,00070,000

Lease obligations

14,117

14,762

Income taxes payable

66,453

8,790

―

7,525

Accounts payable-other169,144

132,027

Other

283,526

279,672

Total Current Liabilities

910,545908,086

Bonds

220,000

150,000

Long-term borrowings

51,72836,221

Lease obligations

28,57627,937

Provision for reorganization of R&D
and manufacturing base

8,322

―

Net defined benefit liability

202,864

192,148

Other

134,263

139,744

Commercial paper

Provision for reorganization of R&D
and manufacturing baseLong-term Liabilities

645,754546,051

1,556,300

1,454,138

Common stock

126,354

126,354

Capital surplus

122,984

121,997

Retained earnings

2,342,822

2,290,578

Treasury stock-at cost

(206,052)(32,683)

Total Shareholders’ Equity

2,386,108

2,506,246

176,686

165,005

(55)

2,540

Total Long-term Liabilities
Total Liabilities
Net Assets
Shareholders' Equity

Accumulated Other Comprehensive Income
Net unrealized gain(loss) on
available-for-sale securities
Deferred gain(loss) on derivative instruments
Foreign currency translation adjustments(93,479)(124,596)

Remeasurements of defined benefit plans(127,112)(136,754)

Total Accumulated Other Comprehensive
Income(43,960)(93,804)

Stock Acquisition Rights

3,629

3,469

Non-controlling Interests

56,961

52,831

Total Net Assets

2,402,738

2,468,743

Total Liabilities and Net Assets

3,959,038

3,922,881

3

Bridgestone Corporation (5108)

First three quarters results of fiscal 2018

(2) Consolidated Statement of Income and Consolidated Statement of Comprehensive Income
Consolidated Statement of Income
First Three Quarters(Yen in millions)
FY 2017 Q3

FY 2018 Q3(Nine months ended
September 30, 2017)(Nine months ended
September 30, 2018)

Net Sales

2,663,080

2,674,192

Cost of Sales

1,653,396

1,657,500

Gross Profit

1,009,683

1,016,691

Goods freightage expenses

124,841

135,559

Advertising and promotion expenses

85,66084,080

Salaries, allowances and bonuses

193,823

197,368

Retirement benefit expenses

18,681

15,746

Depreciation

24,71926,506

Selling, General and Administrative Expenses

Research and development expenses

73,03575,018

Other
Total Selling, General andAdministrative Expenses

189,185

191,547

709,947

725,826

Operating Income

299,736

290,864

Interest income

3,924

3,868

Dividend income

6,202

5,603

Other

12,293

12,663

Total Non-operating Income

22,42022,135Interest expense

7,881

10,207

Foreign currency exchange loss

7,082

6,591

Other

18,53919,655

Non-operating Income

Non-operating Expenses

Total Non-operating Expenses

33,50436,455

Ordinary Income

288,652

276,544―

30,180Extraordinary Income
Gain on establishment in jointly controlled entity
Gain on sales of investment securities

10,441―

Total Extraordinary Income

10,44130,180

4,484

―

3,831

―

8,316

―

290,777

306,725

Extraordinary Loss
Loss related to civil litigation in the Americas
Expenses related to relocation of head officeof Americas Operations
Total Extraordinary Loss
Income before Income Taxes andNon-controlling Interests
Income Taxes

86,29680,634

Income before Non-Controlling Interests

204,480

226,090

Profit Attributable to Non-controlling Interests
Profit Attributable to Owners of Parent

4

6,709

6,626

197,771

219,464Bridgestone Corporation (5108)

Consolidated Statement of Comprehensive Income
First Three Quarters

First three quarters results of fiscal 2018

(Yen in millions)
FY 2017 Q3

FY 2018 Q3(Nine months ended
September 30, 2017)(Nine months ended
September 30, 2018)

204,480

226,090

Unrealized gain (loss) on available-for-salesecurities

12,244(11,669)

Deferred gain (loss) on derivative instruments

1,356

(285)

Foreign currency translation adjustments

7,496(29,497)

Remeasurements of defined benefit plans

13,668

11,257

Share of other comprehensive income inaffiliates

(516)

(551)

Income before Non-controlling Interests
Other Comprehensive Income (loss)

Total Other Comprehensive Income
Comprehensive Income

34,248(30,747)

238,729

195,342

232,279

190,499

6,449

4,843

Comprehensive income attributable to:
Owners of parent
Non-controlling interests

5Bridgestone Corporation (5108)

First three quarters results of fiscal 2018

(3) Notes to the Consolidated Financial Statements(Notes regarding going concern assumption)
Not applicable(Notes regarding significant changes in the amount of shareholders’ equity)
The company has completed cancellation of its own shares (51,565,900 shares) on January 19, 2018, basedon the resolution at the board of directors held on February 17, 2017. As a result, capital surplus decreased by¥905 million compared with the end of the previous fiscal year, to ¥121,997 million, retained earnings decreasedby ¥172,220 million compared with the end of the previous fiscal year, to ¥2,290,578 million, and treasury stockat cost decreased by ¥173,126 million compared with the end of the previous fiscal year, to ¥32,683 million.

(Application of special accounting treatments for Consolidated Quarterly Financial Statements)
Calculation for income tax expenses
Income tax expenses was calculated based upon an estimated effective tax rate for fiscal 2018.

(Changes in accounting policies, Changes in accounting estimates and Restatements)
Changes in accounting policies(Adoption of Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income)The certain overseas subsidiaries have early adopted ASU No. 2018-02, "Reclassification of Certain Tax Effects
from Accumulated Other Comprehensive Income (revised on February 14, 2018)" from the beginning of fiscal
2018.
Changes in deferred tax assets and deferred tax liabilities resulting from change in tax rate following theenactment of the “Tax Cuts and Jobs Act” by the U.S. federal government on December 22, 2017 were includedin the accumulated consolidated net profit of the previous fiscal year. On the other hand, changes in tax effects
above recognized through accumulated other comprehensive income were stranded in accumulated othercomprehensive income in the previous fiscal year. Due to the adoption of "Reclassification of Certain Tax Effects
from Accumulated Other Comprehensive Income", subsidiaries reclassified stranded tax effects resulting fromchange in tax rate above from accumulated other comprehensive income to retained earnings. In accordancewith the transitional treatment prescribed in this accounting policy, reclassification was made at the beginningof fiscal 2018.
As a result, retained earnings increased by ¥20,879 million and remeasurements of defined benefit plansdecreased by ¥20,879 million at the beginning of fiscal 2018. This change in accounting policy have no effecton consolidated statement of income for the first three quarters of fiscal 2018.

6