Bridgestone Corporation · TSE:5108
Bridgestone — FY2010 Earnings Presentation
11 slides from Bridgestone's earnings presentation, Feb 18, 2011
Slide 1: Financial Results for Fiscal 2010
Financial Results for Fiscal 2010 Bridgestone Corporation February 18, 2011 1 Business and Financial Performance 2
Slide 2: Consolidated Results for Fiscal 2010
Consolidated Results for Fiscal 2010 Reference August 6, ’10 (Yen in billions) Announcement 2009 2010 2010 Results Results vs. PY (%) Projections Net Sales 2,597.0 2,861.6 +10 2,900 Tires 2,152.9 2,379.5 +11 Diversified Products 454.1 494.6 +9 Operating Income 75.7 166.4 +120 157 Ordinary Income 54.
Slide 3: Consolidated Projections for Fiscal 2011
Consolidated Projections for Fiscal 2011 (Yen in billions) 2010 2011 Results Projections vs. PY (%) Net Sales 2,861.6 3,180.0 +11 Tires 2,379.5 2,670.0 +12 Diversified Products 494.6 520.0 +5 Operating Income 166.4 140.0 (16) Ordinary Income 147.9 124.0 (16) Net Income 98.9 82.0 (17) Yen/US dollar r
Slide 4: 2010 and 2011 Sales Growth of Strategic Products
2010 and 2011 Sales Growth of Strategic Products 2010 2011 Unit Sales Growth (vs. PY) Results Projections Runflat tires 135% 105% Radial tires for Ultra-high-performance tires 120% 120% passenger cars (For replacement) Winter tires 120% 100% Off-the-road Ultralarge 115% 110% radial tires for constru
Slide 5: Financial and Projections for Fiscal 2011: Japan and Americas Segments
Financial Results for Fiscal 2010 and Projections for Fiscal 2011: Japan Segment (Yen in billions) 2009 2010 2011 Results Results vs. PY(%) Projections vs. PY(%) Net Sales 1,011.9 1,154.6 +14 1,270.0 +10 Operating 14.3 61.6 +328 47.0 (24) Income Operating Income Margin (%) 1.4 5.3 3.7 *Figures withi
Slide 6: Financial and Projections for Fiscal 2011: Europe and Other Regions
Financial Results for Fiscal 2010 and Projections for Fiscal 2011: Europe Segment (Yen in billions) 2009 2010 2011 Results Results vs. PY(%) Projections vs. PY(%) Net Sales 362.5 383.8 +6 420.0 +9 Operating (11.9) 7.1 + 6.0 (16) Income Operating Income Margin (%) (3.3) 1.9 1.4 *Figures within parent
Slide 7: B/S and C/F Highlight; Dividends
B/S and C/F Highlight *Figures within parentheses mean minus FY 2009 FY 2010 (As of Dec 31, 2009) (As of Dec 31,2010) vs.Dec 31, 2009 (Yen in billions) (Yen in billions) (Yen in billions) Total Assets 2,808.4 2,706.6 (101.8) Total Equity 1,120.7 1,176.1 +55.4 Ratio of total equity to total assets (%
Slide 8: Business Environment and Bridgestone Group's Initiatives in 2011
Business Environment and Bridgestone Group’s Initiatives in 2011 15 1. Business Environment Surrounding Bridgestone Group *Market trends of natural rubber and [Estimated Demand Ratio crude oil (Average) of the major markets vs. 2010] PSR: Radial tires for passenger cars TBR: Radial tires for trucks
Slide 9: Initiatives under the Current Business Environment
2. Initiatives under the Current Business Environment PSR: Radial tires for passenger cars TBR: Radial tires for trucks and buses * Showing only PSR / TBR which are the main products * Showing only Bridgestone brand 17 2. Initiatives under the Current Business Environment *Increase production capaci
Slide 10: Initiatives for "Competing on a Different Ground" in 2011
3. Initiatives for “Competing on a Different Ground” in 2011 19 3. Initiatives for “Competing on a Different Ground” in 2011 20
Slide 11: Progress of Mid-term Management Plan 2010 (MTP2010)
4. Progress of Mid-term Management Plan 2010 (MTP2010) (Yen in billions) Factors behind Increase Increase MTP2010 Results Increase Ratio operating income increase 2009 2012 2009 2010 Expansion of strategic +65.0 +30.0 46% products Rationalization +40.0 +16.0 40% Diversified products +45.0 +15.0 33%