Bridgestone Corp.

Bridgestone Corp.

Bridgestone Corp.

Overview
Date Founded

1931

Headquarters

Tokyo Square Garden, 20-24/F,3-1-1 Kyobashi,Chuo-Ku,Tokyo 104-8340

Type of Company

Public

Employees (Worldwide)

143K

Industries

Auto Parts & Tires
Automobiles
Wholesale: Industrial Products & Manufacturing
Retail: Other
Other Consumer Durables
Industrial Machinery & Manufacturing

Company Description

Bridgestone Corp. engages in the manufacture and sale of tires and rubber products. It operates through the following segments: Tires and Diversified Products. The Tires segment manufactures and sells tires, tubes, wheels and accessories. It also offers retread material and services, and auto maintenance. The Diversified Products segment includes chemical and industrial products, sporting goods, bicycles, and financial services. The company was founded by Shojiro Ishibashi on March 1, 1931 and is headquartered in Tokyo, Japan.

Executives & Employees

Chief Executive Officer

Chief Financial Officer, Executive Vice President & Head-Finance

Chief Operating Officer, Director & Chief Technology Officer

Executive Officer, Head-Safety & Environment

Executive Vice President, Head-Olympic, Paralympic & Diversification

Senior Vice President & Executive Officer

Senior Vice President & Executive Officer

Senior Managing Executive Officer

Board of Directors

Chief Executive Officer at Bridgestone Corp.

Auditor at Nippon Steel Kowa Real Estate Co., Ltd.

Member, Risk Committee at Mitsubishi UFJ Financial Group, Inc.

Professor at Rikkyo University

Former Corporate Auditor at Ito-Yokado SHC Co., Ltd.

Vice Chairman at The Japan Research Institute Ltd.

Director at Union of Japanese Scientists and Engineers

Chief Operating Officer, Director & Chief Technology Officer at Bridgestone Corp.

Outside Director at Bridgestone Corp.

Senior Managing Executive Officer at Bridgestone Corp.

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Owners & Shareholders
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Asset Management One is a forward-thinking and progressive manager which seeks to help customers build assets in the long term and aims to provide global asset management by quickly responding to constantly changing market circumstances and regulatory trends.The firm seeks to efficiently predict socioeconomic or market changes in order to identify appropriate asset management-based solutions.

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BlackRock Japan is an active, research-oriented manager which combines local expertise with research shared globally within the group. Their investments favor foreign fixed-income, complemented by domestic equity and yen-denominated bonds. Foreign equity portfolios target companies in growth countries such as Brazil, Russia, India and China. They also focus on companies involved in environmental issues, as well as on those developing technology to reduce carbon emissions.The firm's investment strategies include index-tracking and an 'advanced active strategy' based on quantitative methods developed through fundamental research. Part of their product range is managed passively using a technology-intensive approach, with an emphasis on risk control and the direct link between cost efficiency and performance improvement. Their investment process is research-driven and relies on advanced and continuously updated technology and processing capacities. They seek to reduce asset management costs through a large-scale index approach, negotiation with brokers and in-house cross-trading at the global level.BlackRock Japan follows a bottom-up process based on fundamental analysis to invest in medium- and small-cap Japanese companies. They analyze the factors triggering investor behavior and believe these mechanisms to be essential in designing a successful investment strategy. Their active investment process for equity uses proprietary core alpha and sector allocation models. Their domestic and foreign fixed-income investments favor sectors with high profitability. Their Japanese bond investment process is conservative and based on relative value analysis. Portfolio management and research functions are not segregated and research is shared worldwide with fellow asset management subsidiaries.

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SIM-JP is a GARP-oriented, medium to long-term manager which follows a research-based, bottom-up investment process to invest in Japanese equity and debt across market-caps. They aim for diversification through asset allocation based on in-depth local economic analysis.Research is shared worldwide within Shroders, and company visits are a determinant part of the process. Proprietary software integrates and distributes in-house and external research, assisting investment managers to construct model portfolios. Risk management proceeds from a proprietary tool. Investment managers and analysts are organized in teams.

Recent Transactions
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purchases Morgan Tire & Auto, Inc. from Bridgestone Corp.

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Maruwa Co., Ltd. purchases Bridgestone Corp. /Purebeta Business from Bridgestone Corp.

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Dickinson Fleet Services LLC, Ridgemont Equity Partners purchase Bridgestone Americas Tire Operations LLC from Bridgestone Corp.

Transaction Advisors
Accountant

Advised onBridgestone Corp., Bridgestone Europe NV/SA purchase Nokian Renkaat Oyj

Legal Advisor

Advised on purchases Bridgestone Corp. /IT & CN Steel Cord Manufacturing Bus (2) from Bridgestone Corp.

Accountant

Advised onBridgestone Corp. purchases Tianjin Kumho Tire Co. Ltd. from Kumho Industrial Co., Ltd.

Advisors & Consultants
Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Clients

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks, and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, and GM Financial. It sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. The company was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive Operations, Financial Services, and All Other. The Automotive Operations segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories. It is also involved in the development of intelligent transport systems. The Financial Services segment offers purchase or lease financing to Toyota vehicle dealers and customers. It also provides retail leasing through lease contracts purchase by dealers. The All Other segment deals with the design and manufacture and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan.

Ferrari NV is a holding company. It manufactures luxury sports cars. Ferrari's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari and the FF four-wheel drive. The company participates in car racing such as Formula One. Ferrari was founded by Enzo Anselmo Ferrari in 1947 and is headquartered in Maranello, Italy.

Key Stats and Financials As of 2017
Market Capitalization
$3.12T
Total Enterprise Value
$3.81T
Earnings Per Share
$375.67
Revenue
$3.64T
Net Profit
$288B
EBITDA
$624B
EBITDAMargin
17.13%
Total Debt
$459B
Total Equity
$2.4T
Enterprise Value Sales
1.05x
Enterprise Value EBITDAOperating
6.1x
TEVNet Income
13.21x
Debt TEV
0.12x
Three Year Compounded Annual Growth Rate Of Revenue
-0.28%
Five Year Compounded Annual Growth Rate Of Revenue
3.69%
Investments
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Hotman Co., Ltd. engages in franchising business which includes businesses that operates car accessories, used car buy and sell, DVD and CD rental and sell, and amusement stores. It operates through the following segments: Yellow Hat, TSUTAYA, UP GARAGE, and Others. The Yellow Hat segment offers sales, installation, inspection, and maintenance of car related products. The TSUTAYA segment handles the rental and sales of digital video disk (DVD) and compact disk (CD). The UP GARAGE segment offers second hand cars. The Others segment includes Daiso, self-entertainment, and insurance revenue businesses. The company was founded by Nobuyuki Ito in January 1973 and is headquartered in Sendai, Japan.

Suppliers
EF-ON, Inc. Consumer Services | Tokyo, TY

EF-ON, Inc. engages in the provision of energy services. It operates through the Energy Conservation Support Services and Green Energy segments. The Energy Conservation Support Services segment handles the construction and application of energy saving equipment; and it also investigates and diagnoses the energy use of customers. The Green Energy segment generates power from new sources such biomass from wood. The company was founded on May 27, 1997 and is headquartered in Tokyo, Japan.

Kolon Industries, Inc. Plastics & Synthetics | Gwacheon, GY

Since the first nylon production in Korea in 1957, KOLON Industries, Inc., formerly KOLON Corporation, has made a significant contribution to national economic growth, and is now an independent company separated from the Manufacturing Department of KOLON Corporation after the adoption of a holding company structure by the KOLON Group in 2010. Focusing on the four major business divisions, namely, industrial materials, chemical, films/electronic materials, and fashion, the company has become a leader in each industry. To become a top global chemical and materials company, KOLON Industries, Inc. is planning to globalize its businesses of automotive materials, advanced materials, optical films, chemical and fashion industries by increasing investment in high value products.

CECO Environmental Corp. Power & Utilities | Cincinnati, Ohio

CECO Environmental Corp. engages in the provision of engineering technology. It provides services in the field of environment, energy, fluid handling, and filtration. The company operates through the following segments: Environmental, Energy, and Fluid Handling & Filtration. The Environmental segment provides the design and manufacture of product recovery and air pollution control technologies that enable its customers to meet compliance targets to toxic emissions, fumes, volatile organic compounds, process and industrial odors such as cyclone systems, scrubbers, regenerative thermal and catalytic oxidizer, dust collectors and baghouses, standard and engineered industrial ducting, fabric filters, and cartridge collectors. The Energy segment provides solutions for the power and petrochemical industry such as gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, and others. The Fluid Handling & Filtration segment provides the design and manufacture of pump, filtration and fume exhaust solutions such as centrifugal pumps for corrosive, abrasive, and high temperature liquids, filter products for air and liquid filtration, precious metal recovery systems, carbonate precipitators, and technologically advanced air movement and exhaust systems. The company was founded by Phillip DeZwirek in 1966 and is headquartered in Dallas, TX.

Competitors
The Goodyear Tire & Rubber Company Auto Parts & Tires - Akron, Ohio

Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires and related products and services worldwide. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. It operates through the following geographical segments: Americas; Europe, Middle East, and Africa; and Asia Pacific. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

Hankook Tire Co Ltd. Auto Parts & Tires - Seoul, SL

HANKOOK TIRE Co., Ltd. engages in the manufacture and sale of tires. Its operates through Automotive Parts and Others Business divisions. The Automotive Parts division provides tires and battery tubes for automobiles. The Others division offers rentals, research and development, services, and others. The company was founded on September 3, 2012 and is headquartered in Seoul, South Korea.

GITI Tire Corp. Auto Parts & Tires - Mudanjiang, HL

GITI Tire Corp. engages in the manufacture and sale of tires. It sales consumer car tire, commercial vehicle tire, bias and off-road tire and motorcycle tire. The company was founded on June 8, 1993 and is headquartered in Shanghai, China.