Consolidated Financial Statements
for the First Three Quarters of the Fiscal Year Ending December 31, 2012
November 7, 2012
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, theoriginal Japanese-language supersedes this English translation.
Bridgestone Corporation
Stock exchange listings: Tokyo, Osaka, Nagoya, Fukuoka
Code number:5108
URL:http://www.bridgestone.co.jp
Representative: Masaaki Tsuya, CEO and Representative Board Member
Contact:
Satoshi Nakamura, Treasurer, General Manager
Telephone:+81-3-3563-6985
Scheduled date of quarterly securities report submission:
November 9, 2012
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 2012 (January 1, 2012 - Septembers 30, 2012)(1) Consolidated Operating Results(Percentage figures represent changes from the same period of previous year)

Net sales

Operating income

Yen in millions

Nine months ended
September 30, 2012
2,226,321
Nine months ended
September 30, 2011
2,234,433(Note) Comprehensive Income:Net income%

Yen in millions%

Yen in millions%

Yen in millions

%

(0.4)

204,27442.5

196,784

51.5

115,871

41.4

6.8

Net income
per share
Nine months ended
September 30, 2012
Nine months ended
September 30, 2011

Ordinary income

143,39926.4
129,866
Nine months ended September 30, 2012
Nine months ended September 30, 2011

28.7
81,95222.8¥140,782 million (- %)¥10,043 million (- %)Diluted net income
per share
Yen

Yen

148.05147.94104.71104.66(2) Consolidated Financial Position
Total assets

Ratio of total equity tototal assets

Net assets

Yen in millions

Yen in millions%

As of Sep. 30, 2012

2,792,239

1,282,759

44.5

As of Dec. 31, 2011
(Reference) Total equity

2,677,344

1,165,673
As of September 30, 2012
As of December 31, 2011

42.2
¥1,243,691 million¥1,130,577 million

2. Dividends
2nd quarter
end

Annual Dividend
3rd quarter
end

Yen

Yen

Yen

Yen

Yen

－
－

10.00
16.00

－

12.00

22.00

－

16.00

32.00

1st quarterend
FY 2011
FY 2012FY 2012(Projection)(Note) Changes from the latest forecasts released: No

Year -endTotal

3. Consolidated Projected Results for Fiscal 2012 (January 1, 2012 - December 31, 2012)(Percentage figures represent changes from the same period of previous year)
Net income
Operating income
Ordinary income
Net income
per share

Net sales
Yen in millions%

Yen in millions%

Yen in millions%

Yen in millions%

Yen

FY 20123,130,000
3.5
287,000(Note) Changes from the latest forecasts released: No

50.0

269,000

50.0

172,000

67.0

219.76

* Notes(1) Changes in principal subsidiaries during the nine months ended September 30, 2012 : 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 policy, etc.
: No
2) Changes in 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, 2012
813,102,321 shares
December 31, 2011
813,102,321 shares
2) Number of shares of treasury stock at period end
September 30, 2012
December 31, 2011

30,442,932 shares
30,441,046 shares

3) Average outstanding number of shares (during the first three quarters)
First Three Quarters ended September 30, 2012 782,661,718 sharesFirst Three Quarters ended September 30, 2011
782,662,324 shares* Implementation status about the quarterly review
These financial statements are exempt from quarterly review procedures as required by the Financial Instruments
and Exchange Act. A part of quarterly review based on Financial Instruments and Exchange Act were not completed
at the time of the disclosure of these financial statements.
* Statement regarding appropriate use of forward-looking statements and other notes
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.

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

[ Index ]1. Qualitative Information for the First Three Quarters of Fiscal 2012

…P2

(1) Qualitative Information on Consolidated Operating Results…P2(2) Qualitative Information on Consolidated Financial Position…P4(3) Qualitative Information on Projections of Consolidated Results

…P4
…P5

2. Other Information (Notes)(1) Application of special accounting treatments for consolidated quarterly financial statements…P5(2) Additional Information

…P5
…P6

3. Consolidated Quarterly Financial Statements(1) Consolidated Balance Sheet…P6(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income…P8

Consolidated Statements of Income…P8

Consolidated Statements of Comprehensive Income…P9(3) Notes regarding going concern assumption…P10(4) Notes regarding significant changes in the amount of shareholders’ equity…P10(5) Segment Information

…P10

1

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

1. Qualitative Information for the First Three Quarters of Fiscal 2012
The Bridgestone Corporation is referred to as the “Company,” and the Company and its subsidiaries are referred
to as the “Companies.”(1) Qualitative Information on Consolidated Operating Results
1) Sales and earnings
FY 2012 3Q

FY 2011 3Q(Nine months ended(Nine months ended

September 30, 2012)

September 30, 2011)

Yen in billions

Yen in billions

Yen in billions%

2,226.3

2,234.4(8.1)-

Operating income

204.2

143.3

60.8

42

Ordinary income

196.7

129.8

66.9

52

Net income

115.8

81.9

33.9

41

Net sales

Increase(Decrease)

In the first three quarters of fiscal 2012(January 1 to September 30, 2012), the Companies’ operating
environment was plagued by raw material prices remaining at high levels during the period and the continuing
strength of the Japanese yen. While increased demand brought on by re-building and rebounding sales of newvehicles following recovery from the Great East Japan Earthquake, recovery of the domestic economy wasstalling due to a slowdown in global economic growth. The United States economy was still on the seesaw ofrecover and recession, and the financial crisis had a negative impact on the European economy. Asian economic
expansion showed signs of a slowdown, particularly in China and India.
Under these operating conditions, the Companies continued working to achieve the goal of becoming theWorld’s undisputed No. 1 tire and rubber company in both name and reality. In Japanese this is called“Dan-Totsu”, or the absolute and clear leader in all our industries and a company that is far outperforming its
competitors. Stepping up our efforts on a global scale, the Companies focused on increasing the sales of highly
competitive products, strengthening supply capacity of these products, improving manufacturing productivity,
enhancing technology and effectively utilizing our management resources. Moreover, with business conditions
evolving at unprecedented speed, the Companies were striving to rapidly implement a range of initiatives toenhance our ability to respond quickly to market trends, increase the sales of strategic products, construct andenhance a business model that will extend beyond the mere sale of products, and develop eco-friendly products
and businesses.
As a result, net sales in the first three quarters of fiscal 2012 remained on par with those previous first threequarters, to ¥2,226.3 billion, operating income was ¥204.2 billion, an increase of 42%, ordinary income was¥196.7 billion, an increase of 52% and net income was ¥115.5 billion, an increase of 41%.

2

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

2) Segment Information
FY 20123Q

FY 20113Q
Increase(Nine months ended(Nine months ended

September 30, 2012)

September 30, 2011)(Decrease)

Yen in billions

Yen in billions

Yen in billions%

1,860.3

1,870.1

(9.8)

(1)

Operating income

185.4

136.0

49.4

36

Diversified
Products

Net Sales

378.9

375.7

3.2

1

Operating income

18.7

7.3

11.4

156

Consolidated
Results

Net Sales

2,226.3

2,234.4

(8.1)

-

204.2

143.3

60.8

42

Net Sales
Tires

Operating income

In the tire segment, the Companies worked to maximize sales momentum by introducing appealing new
products globally, enhancing strategic products and reinforcing fundamental competencies such as specification
optimization, and responding promptly to demand fluctuation in each region.
In Japan, unit sales of replacement tires for passenger cars and light trucks decreased from the first threequarters of fiscal 2011. However, due to recovery in vehicle production volume, unit sales of tires for new vehicles
steadily increased. Total unit sales of tires for trucks and buses decreased substantially due to a decline in sales of
replacement tires. In the Americas, unit sales of passenger and light truck tires in North America remained
unchanged compared to the first three quarters of fiscal 2011. However unit sales of tires for trucks and busesdecreased due to a decline in the sales of replacement tires. In Europe, unit sales of tires for passenger cars andlight trucks decreased substantially compared to the first three quarters of fiscal 2011 due to a decline in the salesof replacement tires, as well as tires for trucks and buses. In Asia Pacific, unit sales of passenger cars and lighttrucks strongly increased compared to the first three quarters of fiscal 2011. In China, unit sales of passenger andlight truck tires decreased compared to the first three quarters of fiscal 2011 due to a decline in the sales of
replacement tires, and unit sales of tires for trucks and buses decreased substantially. In the specialty tire business,
unit sales of large and ultralarge off-the-road radial tires for construction and mining vehicles increased comparedto those of the first three quarters of fiscal 2011 due to expansion of production capacity.
As a result, net sales and operating income in the tire segment in the first three quarters of fiscal 2012 totaled¥1,860.3 billion and ¥185.4 billion, a decrease of 1% and an increase of 36% from the first three quarters of fiscal
2011, respectively.
In the diversified products segment, net sales totaled ¥378.9 billion, an increase of 1% from the first threequarters of fiscal 2011. Due to the increasing profit of domestic business and BSAM’s Diversified Products
business, operating income was ¥18.7 billion, an increase of 156% from first three quarters of fiscal 2011.

(Note) The amounts for segment results include inter-segment transactions that are eliminated in calculating theconsolidated results.

3

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

(2) Qualitative Information on Consolidated Financial Position
Assets, Liabilities, and Net assets positions at the end of the first three quarters of fiscal 2012 were as follows.

(Assets)
In assets, while notes and accounts receivable decreased ¥26.4 billion, cash and deposits, merchandise andfinished products and tangible assets each increased ¥49.4 billion, ¥30.8 billion and ¥21.1 billion respectively. As aresult, assets increased ¥114.8 billion compared with the end of the previous fiscal year, to ¥2,792.2 billion.

(Liabilities)
In liabilities, while short-term borrowings increased ¥37.1 billion, accounts payable-other decreased ¥39.3 billion.
As a result, liabilities decreased 2.1 billion compared with the end of the previous fiscal year, to ¥1,509.4 billion.

(Net assets)
In net assets, while cash dividends paid were ¥21.9 billion, net income was ¥115.8 billion and net unrealized
gain on available-for-sale securities increased ¥12.1 billion. As a result, net assets increased ¥117.0 billion
compared with the end of the previous fiscal year, to ¥1,282.7 billion.
Consequently, the ratio of total equity to total assets increased 2.3% compared with the end of the previous
fiscal year, to 44.5%.

(3) Qualitative Information on Projections of Consolidated Results
There are no changes in consolidated projections announced on August 7, 2012.

4

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

2. Other Information (Notes)(1) Application of special accounting treatments for consolidated quarterly financial statements(Calculation for income tax expense)
Income tax expense was calculated based upon an estimated effective tax rate for fiscal 2012.

(2) Additional Information(Application of the “Accounting Standard for Accounting Changes and Error Corrections” and others)
For the accounting changes and error corrections made after the beginning of the first quarter of fiscal 2012,
the companies have adopted the “Accounting Standard for Accounting Changes and Error Corrections”(ASBJ Statement No.24 of December 4, 2009) and the “Guidance on Accounting Standard for Accounting
Changes and Error Corrections” (ASBJ Guidance No.24 of December 4, 2009).

5

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

3. Consolidated Quarterly Financial Statements(1) Consolidated Balance Sheet(Yen in millions)
FY 2011(As of December 31, 2011)

FY 2012 3Q(As of September 30,2012)

AssetsCurrent Assets
Cash and deposits

130,343

179,820

Notes and accounts receivable

438,764

412,344

Short-term investments

90,133
0

107,9960

Merchandise and finished products

314,454345,332

Work in process

34,614
1,935

38,585
1,935

Raw materials and supplies

171,411
214

165,311214

Other152,102
3,134

163,8711,
3,134

Allowance for doubtful accounts(8,109)1,110(7,834)110

Total Current Assets

1,323,716
419)

1,405,428
419)

Fixed Assets

1,274,457

6

Tangible assets

1,274,457

Buildings and structures, net

322,704

327,456

Machinery, equipment and vehicles, net

347,195
8,029

331,565
8,029

Other, net

311,432
2,175

343,425
2,175

Total tangible assets

981,331
6,397

1,002,447
6,397

27,943
1,076,601

29,861
1,076,601

Investments in securities

182,536
38,654

192,741
38,654

Other

165,116
4,396

165,663
4,396

Allowance for doubtful accounts(3,299)5,076(3,901)
5,076

Total investments and other assets

344,3536)

354,503
6)

Total Fixed Assets

1,353,628
8,726

1,386,811
8,726

Total

2,677,344
1,533,981

2,792,239
1,533,981

2,808,439

657

Intangible assets
Investments and other assets

2,808,439

6

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

(Yen in millions)
FY 2011(As of December 31,2011)

FY 2012 3Q(As of September 30,2012)

Liabilities
Current Liabilities
Notes and accounts payable

196,742

171,161

Short-term borrowings

198,115

235,243

Commercial paper

18,93335,835Current portion of bonds

13,17459,336754

941

Income taxes payable

22,854

44,635

Accounts payable-other148,756

109,448

Other

198,398

215,223

Total Current Liabilities

797,730

871,827

Bonds

123,079

66,721Long-term borrowings

238,474

234,602

Lease obligations

10,061

10,367

Accrued pension and liability for retirement
benefits

257,630

246,078

Other

84,69479,882

Total Long-term Liabilities

713,940

637,652

1,511,671

1,509,479

Common stock

126,354

126,354

Capital surplus

122,629

122,628

1,279,9781,373,966(57,248)(57,252)

1,471,713

1,565,696

97,750109,854

(890)

(757)

(331,784)(330,211)(106,211)(100,890)(341,135)(322,004)

770

1,100

Minority Interests

34,32437,967

Total Net Assets

1,165,673

1,282,759

Total

2,677,344

2,792,239

Lease obligations

Long-term Liabilities

Total Liabilities

Net Assets
Shareholders' equity

Retained earnings
Treasury stock-at cost
Total Shareholders’ equity
Accumulated other comprehensive
incomeNet unrealized gain(loss) on
available-for-sale securities
Deferred gain(loss) on derivative
instruments
Foreign currency translation adjustments
Post retirement liability adjustment forforeign companies
Total accumulated other comprehensive
incomeStock acquisition rights

7

Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income
First Three Quarters(Yen in millions)
FY 2011 3Q(Nine months ended
September 30, 2011)

FY 2012 3Q(Nine months ended
September 30, 2012)

Net Sales

2,234,433

2,226,321

Cost of Sales

1,545,876

1,479,100

Gross profit

688,557

747,220

Goods freightage expenses

99,57092,964Advertising and promotion expenses

63,57963,445

Salaries, allowances and bonuses

140,227

143,641

Retirement benefit expenses

10,118

11,944

Depreciation

17,373

17,693

Research and development expenses

62,05461,857

Other

152,234

151,400

Total selling, general andadministrative expenses

545,158

542,945

Operating income

143,399

204,274

Interest income

3,035

2,510

Dividend income

3,112

4,071

Other

10,612

12,435

Total non-operating income

16,75919,017

Interest expense

12,593

12,862Foreign currency exchange loss

3,600

2,952

Other

14,098

10,691

Total non-operating expenses

30,292

26,507

Ordinary income

129,866

196,784

Gain on sales of noncurrent assets

6,114

－

Total extraordinary income

6,114

－

Impairment loss

4,705

12,505

Loss on disaster

2,462

－

－

2,903

2,471

－

2,149

－

Total extraordinary losses

11,78815,408

Income before income taxes andminority interests

124,192

181,376

Income taxes

38,10059,639

Income before minority interests

86,092

121,737

Minority interests

4,139

5,865

Net income

81,952

115,871

Selling, General and Administrative Expenses

Non-operating Income

Non-operating expenses

Extraordinary Income

Extraordinary Loss

Loss on business withdrawal
Loss on adjustment for changes of accounting
standard for asset retirement obligations
Loss related to US antitrust law andUS Foreign Corrupt Practices Act

8

Bridgestone Corporation (5108)

Consolidated Statements of Comprehensive Income
First Three Quarters

Net Income before minority interests

First three quarters results of fiscal 2012

(Yen in millions)
FY 2011 3Q(Nine months ended
September 30, 2011)
86,092

FY 2012 3Q(Nine months ended
September 30, 2012)
121,737

Other comprehensive income (loss)
Unrealized gain (loss) on available-for-salesecurities(22,681)

12,101

Deferred gain on derivative instruments

138

199

Foreign currency translation adjustments(59,906)

936

Post retirement liability adjustment forforeign companies

8,560

5,320

Share of other comprehensive income(loss) in affiliates(2,159)486

Total other comprehensive income (loss)(76,048)

19,045

10,043

140,782

Shareholders of Bridgestone Corporation

8,289

135,002

Minority Interests

1,754

5,780

Comprehensive income
Comprehensive income attribute to:9Bridgestone Corporation (5108)

First three quarters results of fiscal 2012

(3) Notes regarding going concern assumption

Not applicable(4) Notes regarding significant changes in the amount of shareholders’ equity

Not applicable(5) Segment Information
Information about Sales and Income (Loss) by reportable segment
FY 2011 First Three Quarters (Nine months ended September 30, 2011)(Yen in millions)

Diversified

Adjustments

Tires

Total

Consolidated

Products(Note)Net sales:
External customers－

1,868,199

366,234

2,234,433

2,234,433

Inter-segment

1,905

9,478

11,384(11,384)－

Total

1,870,105

375,7122,245,817(11,384)

2,234,433

136,047

7,349

143,3963

143,399

Segment income(Operating income)(Note) Adjustments of segment income refer to elimination of intersegment transactions.

FY 2012 First Three Quarters (Nine months ended September 30, 2012)(Yen in millions)

Diversified

Adjustments

Tires

Total

Consolidated

Products(Note)Net sales:
External customers－

1,857,931

368,389

2,226,321

2,226,321

Inter-segment

2,373

10,532

12,905(12,905)－

Total

1,860,305

378,9212,239,226(12,905)2,226,321

185,471

18,787204,25915

204,274

Segment income(Operating income)(Note) Adjustments of segment income refer to elimination of intersegment transactions.

10