Bridgestone Corporation · TSE:5108
Bridgestone — FY2007 Earnings Presentation
12 slides from Bridgestone's earnings presentation, Feb 19, 2008
Slide 1: Financial Results for Fiscal 2007
Financial Results for Fiscal 2007 Bridgestone Corporation February 19, 2008 1 Fundamental Management Policy Goal Establish the status of being the undisputed world No. 1 both in name and reality Fundamental Management Policy 1. To always aim for “the higher level” and to be the best in the world in
Slide 2: Consolidated Results for Fiscal 2007
Business and Financial Performance 3 Consolidated Results for Fiscal 2007 Reference August ’07 (Yen in Billions) Announcement 2006 2007 2007 Results Results vs. PY (%) Projections Net Sales 2,991.2 3,390.2 +13 3,370.0 Tires 2,396.9 2,755.9 +15 2,745.0 Diversified Products 626.8 656.3 +5 649.0 Operat
Slide 3: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income Foreign Exch. (Yen in Billions) Gain Volume, Price, 260 Mix, etc. +19.0 240 +89.6 220 Raw Materials △28.0 200 Depreciation 180 △21.6 160 140 120 Exchange rate 249.9 sensitivity 100 190.8 (full year) 1USD：1.6 bil. 80 1EUR：0.8 bil. 60 40 +59.0 20 0 2006 Financ
Slide 4: Consolidated Results for Fiscal 2008 Projections
Consolidated Results for Fiscal 2008 (Yen in Billions) 2007 2008 Results Projections vs. PY (%) vs. MTP (+/-) Net Sales 3,390.2 3,560.0 +5 + Tires 2,755.9 2,900.0 +5 + Diversified Products 656.3 660.0 +1 + Operating Income 249.9 195.0 △22 + Ordinary Income 219.0 149.0 △32 + Net Income 131.6 90.0 △32
Slide 5: Raw Material Costs and Price Increases; Japan Segment
Raw Material Costs and Price Increases Impact from Raw Material Cost increases and Price Increase contributions Natural Rubber/Crude Oil Market Conditions Amount that cannot be managed （Year average） US$/BBL US￠/kg though price increases Amount (JPY Bil) ’03～’08：JPY 460.0Bil 100 300 400 2008 270 200
Slide 6: Financial Results: The Americas and Europe Segments
Financial Results : The Americas Segment (Yen in Billions) 2006 2007 2008 Results Results vs. PY(%) Projections vs. PY(%) Net Sales 1,333.5 1,510.7 +13 1,570.0 +4 Operating 42.0 51.5 +23 47.0 △9 Income Operating 3.2 3.4 3.0 Ratio(%) 11 Financial Results : Europe Segment (Yen in Billions) 2006 2007 2
Slide 7: Other Regions Segment; 2008 Net Sales Growth of Key SBUs
Financial Results : Other Regions Segment (Yen in Billions) 2006 2007 2008 Results Results vs. PY(%) Projections vs. PY(%) Net Sales 441.2 548.6 +24 630.0 +15 Operating 20.2 37.6 +86 31.0 △18 Income Operating 4.6 6.9 4.9 Ratio(%) 13 2008 Net Sales Growth of Key SBUs (vs.PY) % (Red bar: exch. rate ad
Slide 8: Dividends
Dividends (yen per share) 2007 2008 Results Projections Interim dividend １３ １３ Year-end dividend (＊) １３ １３ Total ２６ ２６ (*) Proposed at the 89th Ordinary General Meeting of Shareholders held on March 27, 2008 15 Fundamental Management Policy and Related Initiatives in Fiscal 2008 16
Slide 9: The Progress of MTP2007 (1)-(2)
The Progress of MTP2007 (1) Factors for Operating income increases (Yen in Billions) Factors for Operating income MTP2007 target increases Increases (2007 to 2012) Expansion of tire strategic products +100.0 Rationalization +50.0 Diversified Products Business +25.0 Others +10.0 Total +185.0 17 The P
Slide 10: The Progress of MTP2007 (3)-(4)
The Progress of MTP2007 (3) 1-(2) “The higher level” : Rationalization (Yen in Billions) Factors for Operating MTP2007 target increase Progress in 2008 income Increases (2007 -> 2012) Rationalization +50.0 +10.0 ⇒ Rationalization in 2008 is expected to contribute to operating income increases, as pl
Slide 11: Disclaimer
The Progress of MTP2007 (5) 2. Business Integration / Expansion with Long-term Strategy: Expansion of strategically focused Retail stores 3. True Global Development through SBUs: Supply expansion <Shell Autoserv> Agreed to acquire at the beginning of February “シェル オートサーブ” 21 Disclaimer Statements ma
Slide 12: END
IMDGESTONE END 23 RIDGESTONE PASSION for EXCELLENCE