Bridgestone Corporation · TSE:5108
Bridgestone — H1 2011 Earnings Presentation
11 slides from Bridgestone's earnings presentation, Aug 8, 2011
Slide 1: Financial Results for First Half of Fiscal 2011
Financial Results for First Half of Fiscal 2011 Bridgestone Corporation August 8, 2011 Contents *Business and Financial Performance for First Half of Fiscal 2011 *Consolidated Projections for Fiscal 2011 *Appendix Copyright © 2011 Bridgestone Corporation 2
Slide 2: Business Environment Surrounding Bridgestone Group
Business and Financial Performance for First Half of Fiscal 2011 Business Environment Surrounding Bridgestone Group Estimated Tire Demand Global demand is estimated to increase due to Currency Exchange rapid growth in emerging countries. Replacement tire demand of developed 2010 2010 2011 countries
Slide 3: Impact of the Great East Japan Earthquake; Highlights of Financial Results
Impact of the Great East Japan Earthquake Impact to Production Impact to Sales Tire Business Kuroiso Plant OE manufacturers restarted productions but did not (Steel Cord） reach full capacity. Tires sales to OE manufacturers Nasu Plant (PSR,AG,MC) declined in 1st half of 2011. Tochigi Plant （PSR,TBR)
Slide 4: Consolidated Results for First Half of Fiscal 2011
Consolidated Results for First Half of Fiscal 2011 Reference May 13th, 2011 (Yen in billions) Announcement 2010 1st Half 2011 1st Half 2011 1st Half Results Results VS. PY (%) Projections Net Sales 1,385.9 1,459.1 +5 1,480.0 Tires 1,147.0 1,221.2 +6 Diversified Products 244.2 245.1 - Operating Incom
Slide 5: Geographic Segments and B/S Highlights
Financial Results for First Half of Fiscal 2011 : Geographic Segments (Yen in billions) 2010 1st Half 2011 1st Half Net Sales Results VS. PY (%) Results Consolidated 1,385.9 1,459.1 +5 Japan 546.3 575.7 +5 The Americas 607.8 632.5 +4 Europe 188.2 206.7 +10 Other Regions 296.6 347.3 +17 2010 1st Half
Slide 6: Forecast of Business Environment Surrounding Bridgestone Group
Consolidated Projections for Fiscal 2011 Forecast of Business Environment Surrounding Bridgestone Group Estimated Tire Demand Ratio for Full Year 2011 Currency Exchange (% VS. Full Year 2010) 2011 2011 2011 MTP *Tires for Original Equipment 1st Half 2nd Half Full Year 2010 Markets PSR TBR US 82 yen
Slide 7: Consolidated Projections for Fiscal 2011
Consolidated Projections for Fiscal 2011 Reference May 13th, 2011 (Yen in billions) Announcement 2010 2011 2011 Results Projections VS. PY (%) Projections Net Sales 2,861.6 3,130.0 +9 3,190.0 Tires 2,379.5 2,640.0 +11 Diversified Products 494.6 500.0 +1 Operating Income 166.4 194.0 +17 167.0 Tires 1
Slide 8: Geographic Segments Projections and Dividends
Financial Projections for Fiscal 2011 : Geographic Segments (Yen in billions) 2010 2011 Net Sales Results Projections VS. PY (%) Consolidated 2,861.6 3,130.0 +9 Japan 1,154.6 1,250.0 +8 The Americas 1,223.9 1,330.0 +9 Europe 383.8 430.0 +12 Other Regions 611.9 720.0 +18 2010 2011 Operating Income Re
Slide 9: Progress of Mid-term Management Plan 2010 (MTP2010)
Progress of Mid-term Management Plan 2010 (MTP2010) Necessary Actions to Achieve “ROA 6%” in 2012 ◆ Steadily Implement Initiatives Announced in MTP2010 ◆ Respond to a Movement of Raw Material Prices in a Timely Manner (Yen in billions) Factors behind Increase Increase MTP2010 Projections Increase Ra
Slide 10: Appendix: Tire Price Increases and New Plant Capacity Expansion
Appendix Price increases of tires for replacement in major markets Markets Year / Month Group ％ Japan March, 2011 TBR Ave 7% PSR：Radial tires for passenger cars June, 2011 PSR Ave 8% TBR：Radial tires for trucks and buses September, 2011 TBR Ave 10% N. America January, 2010 PSR Max 5% June, 2010 PSR
Slide 11: Forward-looking statements disclaimer
• Statements made in this presentation 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. Forward-looking statements include, but are not limite