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Bridgestone Q3 FY2026 Earnings Presentation

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Bridgestone Q3 FY2026 Earnings Presentation — A 17-slide Japanese-language deck from Bridgestone Corporation, presented by its CFO on 2026-11-12, covering nine-month (January-September 2026) consolidated results of ¥3,554.3 billion revenue (35,543 in units of ¥100 million, 億円) and ¥445.3 billion adjusted operating profit, an upgraded full-year revenue forecast, segment and product results, the balance sheet and new products. This is a Japanese-language deck whose original was published on TDnet (the Tokyo Stock Exchange's Timely Disclosure network); this page describes it in English.

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Topik Utama

Bridgestone Q3 FY2026 Earnings Presentation — A 17-slide Japanese-language deck from Bridgestone Corporation, presented by its CFO on 2026-11-12, covering nine-month (January-September 2026) consolidated results of ¥3,554.3 billion revenue (35,543 in units of ¥100 million, 億円) and ¥445.3 billion adjusted operating profit, an upgraded full-year revenue forecast, segment and product results, the balance sheet and new products. This is a Japanese-language deck whose original was published on TDnet (the Tokyo Stock Exchange's Timely Disclosure network); this page describes it in English.

Manfaat Utama

  • •Shows nine-month 2026 results against 2025: revenue 35,543 (+10%), adjusted operating profit 4,453 (+21%) and a 12.5% margin, in units of ¥100 million (億円)
  • •Includes a year-on-year adjusted operating profit bridge (3,684 to 4,453) splitting raw materials, pricing, mix, volume, processing cost, SG&A, FX and other
  • •Breaks results down by region (Japan, Asia-Pacific/India/China, Americas, Europe/Middle East/Africa), by product (PS/LT, TB, Specialties, Chemicals and Diversified) and by business portfolio
  • •Covers the full-year outlook (revenue raised from 45,000 to 47,000 in ¥100 million units), the balance sheet, cash flow and the completed capital policy
  • •Appendix adds commodity prices, tire demand and sales volumes by region, Chemicals and Diversified detail, and the new product line-up

Target Audiens

  • •Equity analysts and investors researching Bridgestone and the global tire industry
  • •Automotive, tire and rubber-industry competitors and suppliers benchmarking performance
  • •Finance and IR teams looking for a reference structure for a quarterly earnings briefing
  • •Students and researchers studying Japanese corporate disclosure and earnings presentations

Kasus Penggunaan

  • •Researching Bridgestone's nine-month 2026 performance, profit drivers and full-year outlook
  • •Comparing regional and product-line profitability across a global tire maker
  • •Building a quarterly earnings deck with a summary slide, results table, profit bridge, segment tables and balance sheet
  • •Tracking tire demand, raw material prices and new product launches in 2026

Proposisi Nilai Unik

  • •A complete, slide-by-slide view of a concise 17-slide Japanese earnings briefing, with every figure explained in English
  • •A clear profit bridge that isolates the effect of foreign exchange (+440) from underlying improvement (+329 excluding FX, in ¥100 million units)
  • •Detailed segment, product and portfolio tables with year-on-year changes and margins on consistent layouts
  • •Appendix with market-level tire demand and sales percentages versus the prior year, plus a product launch gallery

Halaman Slide (17)

Tampilan detail setiap halaman slide, termasuk tata letak, konten utama dan elemen visual.

Halaman 1
title slide

Q3 2026 Earnings Briefing, Bridgestone Corporation

Konten

Title slide for the 2026 third-quarter earnings briefing of Bridgestone Corporation, presented by the Managing Executive Officer and CFO. Dated November 12, 2026.

Struktur Tata Letak

Left-aligned title block with the Bridgestone B logo and a vertical divider, presenter name and date at bottom left, wordmark and tagline at bottom right on a light grey diagonal panel.

Elemen Visual Utama

  • •Bridgestone B logo
  • •BRIDGESTONE wordmark with tagline 'Solutions for your journey'
  • •Presenter title (CFO) and date
  • •Grey diagonal background panel
Halaman 2
agenda

Agenda

Konten

Two agenda items: 1. Nine-month 2026 and full-year outlook, consolidated results summary (page 3); 2. Nine-month 2026 consolidated results (page 5).

Struktur Tata Letak

Numbered list with dotted leaders and page numbers aligned to the right, centered on a white slide.

Elemen Visual Utama

  • •Numbered agenda list
  • •Dotted leaders to page numbers
  • •Red page counter tab (2/11) and footer logo
Halaman 3
section divider

1. Nine-Month 2026 and Full-Year Outlook: Consolidated Results Summary (section divider)

Konten

Section divider introducing the summary of nine-month results and the full-year outlook.

Struktur Tata Letak

Single centered section title on a white slide with footer bar.

Elemen Visual Utama

  • •Centered section heading
  • •Footer bar with page counter and logo
Halaman 4
executive summary

Nine-Month 2026 and Full-Year Outlook: Consolidated Results Summary

Konten

Nine-month results: raw material cost increases became visible from Q3, offset by higher volume and improved pricing/mix; with a weaker yen tailwind, revenue and adjusted operating profit rose to record highs, and the capital policy announced in February was completed as planned. Full-year outlook: only revenue is revised upward, from 45,000 to 47,000 (in ¥100 million units), due to FX assumptions, the Middle East situation and countermeasures; other forecasts are unchanged. The Tosu plant fire impact is still being assessed but is expected to be limited, and the Middle East-related cost increase estimate of about 700 (¥100 million units) per year from August is expected to rise slightly.

Struktur Tata Letak

Two shaded section headers (nine-month results versus prior year; full-year outlook) each followed by square-bulleted text paragraphs.

Elemen Visual Utama

  • •Two pink gradient section headers
  • •Red square bullets
  • •Revenue forecast revision 45,000 to 47,000 (¥100 million units)
Halaman 5
section divider

2. Nine-Month 2026 Consolidated Results (section divider)

Konten

Section divider introducing the consolidated results tables and charts.

Struktur Tata Letak

Single centered section title on a white slide with footer bar.

Elemen Visual Utama

  • •Centered section heading
  • •Footer bar with page counter and logo
Halaman 6
financial table

Nine-Month 2026 Consolidated Results

Konten

Revenue was 35,543 (+10%) versus 32,349 a year earlier; adjusted operating profit 4,453 (+21%), a 12.5% margin (+1.1pp); profit attributable to owners of the parent 3,189 (+57%). First-half revenue was 23,217 and Q3 standalone 12,326; Q3 adjusted operating profit was 1,644 (+23%) at a 13.3% margin. Average rates were 159 yen per US dollar (148 prior) and 184 yen per euro (165 prior). Units: ¥100 million (億円). Revenue and adjusted operating profit are continuing operations only.

Struktur Tata Letak

Financial table with columns for prior-year nine months, first half, Q3 standalone and nine-month 2026 with year-on-year change; the current-period column is highlighted; FX rates in a lower block; footnote at bottom.

Elemen Visual Utama

  • •Highlighted 2026 nine-month column
  • •Rows for revenue, adjusted operating profit, margin and net profit
  • •USD and EUR exchange rate rows
  • •Continuing operations footnote
Halaman 7
data visualization

Nine-Month 2026 Adjusted Operating Profit Change Factors: Year-on-Year

Konten

Waterfall from 3,684 to 4,453 (+769, or +329 excluding FX; ¥100 million units): raw materials +0, pricing +120, mix +180, volume +230, processing cost +50, SG&A -330, FX +440, other +79. Annotations include raw materials +230 in the first half and -230 in Q3 standalone, a -70 US tariff cost effect within raw materials, production-floor improvement +140 within processing cost, and a -240 US tariff effect within other.

Struktur Tata Letak

Waterfall chart with grey start and end bars, black positive and red negative floating bars, y-axis 0 to 4,500, callouts with lollipop connectors, and a gray arrow banner summarizing the total change at the bottom.

Elemen Visual Utama

  • •Waterfall (bridge) chart
  • •Start bar 3,684 and end bar 4,453
  • •Red negative bar for SG&A
  • •Summary arrow '+769 (excluding FX +329)'
  • •Callouts for tariff impacts and cost-down initiatives
Halaman 8
financial table

Nine-Month 2026 Results by Segment

Konten

Japan: revenue 9,655 (+6%), adjusted operating profit 1,716 (+30%), margin 17.8%. Asia-Pacific/India/China: 4,247 (+14%), 503 (+22%), 11.8%. Americas: 17,534 (+11%), 1,582 (+0%), 9.0% (-1.0pp). Europe/Middle East/Africa: 6,827 (+9%), 458 (+38%), 6.7%. Units ¥100 million. A footnote explains that intra-group royalty rate changes reduced Americas by about 86 and EMEA by about 57, offset in eliminations so there is no consolidated impact.

Struktur Tata Letak

Table with four regional blocks, each with revenue, adjusted operating profit and margin rows for prior year, current year and change, plus commentary bullets on the right and a footnote at the bottom.

Elemen Visual Utama

  • •Four regional blocks
  • •Highlighted 2026 column
  • •Commentary bullets per region
  • •Royalty footnote marker on Americas and EMEA profit
Halaman 9
financial table

Nine-Month 2026 Results by Product Category

Konten

PS/LT (including retail and credit card business): revenue 19,990 (+11%), profit 2,343 (+20%), 11.7%. TB (including retread): 8,166 (+9%), 778 (+11%), 9.5%. Specialties (OR/AC/AG/MC): 5,192 (+10%), 1,269 (+30%), 24.4% (+3.9pp). Chemicals and diversified products: 2,195 (+3%), 62 (-2%), 2.8%. Units ¥100 million.

Struktur Tata Letak

Table with four product blocks, each with a vehicle icon, three metric rows, prior year versus current year, change, and bullet commentary at right.

Elemen Visual Utama

  • •Product icons (car, truck, mining/aircraft/agricultural/motorcycle, magnifier)
  • •Highlighted 2026 column
  • •Commentary on premium large-inch tires and ultra-large OR tires
Halaman 10
data visualization

Nine-Month 2026 Results by Business Portfolio

Konten

Tire business (core): revenue 23,696 (+10%), adjusted operating profit 3,474 (+19%), margin 14.7%, 64% of revenue. Solutions business (growth): 11,207 (+9%), 934 (+22%), 8.3%, 30% of revenue; within it, retail services 8,247 (+8%), 533 (+15%), 6.5%, and production-goods BtoB solutions 2,960 (+13%), 401 (+33%), 13.5%. Chemicals and diversified: 2,195, 62, 2.8%, 6%. Global total 35,543, 4,453, 12.5%. Units ¥100 million.

Struktur Tata Letak

Donut chart in the center showing revenue mix with global totals inside; tire business and chemicals tables on the left; solutions, retail and production-goods tables on the right in a red outlined box; highlights in red text at top right.

Elemen Visual Utama

  • •Donut chart of revenue mix 64% / 30% / 6%
  • •Core and growth business labels
  • •Red outlined retail/production-goods box
  • •Footnote that business totals do not equal consolidated revenue due to eliminations
Halaman 11
financial table

Q3 2026 Balance Sheet and Cash Flow Highlights

Konten

Total assets 57,681 (+204 versus year-end), cash 7,227, inventories 9,398, interest-bearing debt 8,871, total equity 37,328, equity ratio 63.8%, cash conversion cycle 171 days. Nine-month operating cash flow 4,872, investing cash flow -1,775, free cash flow 3,097 (+660), capex 2,139, depreciation and amortization 2,774. Capital policy from February: share repurchase of up to 1,500 and 1,500 of debt funding, both completed as planned; the repurchase equals 3.5% of shares outstanding before cancellation. Units ¥100 million.

Struktur Tata Letak

Left: balance sheet and cash flow table with prior period, current period and change columns. Right: red-headed capital policy panel and a completion box with checkbox items.

Elemen Visual Utama

  • •Highlighted current-period column
  • •Capital policy panel (announced Feb 2026)
  • •Checkbox completion items for buyback and debt funding
  • •FX-excluded change footnote
Halaman 12
disclaimer

Disclaimer

Konten

Disclaimer stating that forecasts, plans, strategies and targets that are not historical fact are based on information available at the time and involve risks and uncertainties, so actual results may differ materially, and that investment decisions should be made at the reader's own judgment.

Struktur Tata Letak

Centered Bridgestone logo and tagline with a rounded-corner disclaimer box and copyright line below.

Elemen Visual Utama

  • •BRIDGESTONE wordmark and tagline
  • •Rounded disclaimer box
  • •Copyright notice
Halaman 13
section divider

Appendix (section divider)

Konten

Divider slide introducing the appendix. The page counter reads 13/11 because the appendix continues the numbering beyond the main section.

Struktur Tata Letak

Left-aligned 'Appendix' heading above a long red horizontal rule on a white slide.

Elemen Visual Utama

  • •Appendix heading
  • •Red horizontal rule
  • •Footer bar with logo
Halaman 14
data table

Market Trends, Tire Demand and Tire Sales

Konten

Average prices for 2026 Q1 to Q3: natural rubber TSR20 191, 218, 229 (cents per kg), RSS#3 229, 278, 279, and WTI crude 73, 93, 86 (dollars per barrel), versus 2025 quarters. Nine-month tire demand versus prior year includes PSR/LTR OE/REP of 104%/103% in Japan, 99%/95% in North America and 99%/100% in Europe. Global tire sales versus prior year: PSR/LTR 102%, TBR 101%, PSR/LTR 18-inch and above 106%, and ORR ultra-large 101%, large 90%, small and medium 105%.

Struktur Tata Letak

Three-part appendix: commodity price table at top left, demand table at top right, and sales tables at bottom for PSR/LTR by region, TBR, large-inch PSR/LTR and ORR, with footnotes.

Elemen Visual Utama

  • •Commodity price table with highlighted 2026 columns
  • •Demand table by region and OE/REP channel
  • •Sales percentage tables with vehicle icons
  • •Footnotes on member demand, USTMA and TRAC, and TBR excluding China
Halaman 15
data visualization

Nine-Month 2026 Chemicals and Diversified Products: Results by Business

Konten

Chemicals and diversified total: revenue 2,195 (+3%), adjusted operating profit 62 (-2%), margin 2.8%. Chemical products: 1,235 (+4%), 60 (+5%), 4.8%. Sports and cycle: 427 (-3%), -14, margin -3.3%. Americas diversified products (air springs): 504 (+7%), 18 (-6%), 3.6%. Units ¥100 million.

Struktur Tata Letak

Central donut chart with the combined total inside, chemical products table at left, and sports/cycle and air spring tables stacked at right.

Elemen Visual Utama

  • •Donut chart with three segments
  • •Three metric tables with year-on-year changes
  • •Highlighted figure columns
Halaman 16
product showcase

Priority Initiatives: Attractive Products and Manufacturing

Konten

Passenger car tires: 2026 plan of 25 or more new products and 101-105% sales volume; nine-month result 25 products and 103%. Truck and bus tires: plan of 10 or more and 101-105%; result 6 products and 100%. Featured launches include ULTRAWEATHER (June 2026), DESTINATION LE4 (September), POTENZA RE-71RZ (February), BLIZZAK ICEPEAK (September), ECOPIA M759 and R119II (August), W909 (September) and B-FORGED golf irons (September).

Struktur Tata Letak

Split into passenger car (left) and truck/bus (right) halves; each has a KPI header and product rows grouped by region with tire photos and launch dates in red.

Elemen Visual Utama

  • •KPI headers comparing 2026 plan versus nine-month result
  • •Product photos and brand logos
  • •Regional labels (North America, Japan, Australia)
  • •Red launch dates
Halaman 17
disclaimer

Disclaimer (closing slide)

Konten

Closing slide repeating the disclaimer on forward-looking statements and the copyright notice of Bridgestone Corporation.

Struktur Tata Letak

Centered Bridgestone logo and tagline with a rounded-corner disclaimer box and copyright line below.

Elemen Visual Utama

  • •BRIDGESTONE wordmark and tagline
  • •Rounded disclaimer box
  • •Copyright notice

Pertanyaan yang Sering Diajukan

Pertanyaan umum tentang slide ini dan konten presentasi yang mendasarinya.

What period does the Bridgestone Q3 FY2026 earnings presentation cover?

It covers the nine months from January to September 2026, with Q3 standalone and first-half figures shown alongside. Bridgestone's fiscal year is the calendar year, ending in December, and the deck is dated November 12, 2026.

What language is the deck in and where was it originally published? (決算説明会資料)

The deck is in Japanese (決算説明会資料, earnings briefing materials). The original was published on TDnet, the Tokyo Stock Exchange's Timely Disclosure network. This gallery page describes the slides in English.

What were Bridgestone's headline nine-month 2026 results?

Revenue was 35,543 (+10%), adjusted operating profit 4,453 (+21%) at a 12.5% margin, and profit attributable to owners of the parent 3,189 (+57%), all in units of ¥100 million (億円). The deck says revenue and adjusted operating profit were record highs.

What drove the change in adjusted operating profit?

The bridge goes from 3,684 to 4,453 (+769, or +329 excluding FX, in ¥100 million units). Contributions: FX +440, volume +230, mix +180, pricing +120, processing cost +50, other +79 and raw materials +0, offset by SG&A of -330.

Did Bridgestone change its full-year forecast?

Only revenue was revised upward, from 45,000 to 47,000 in ¥100 million units. Other forecast items were left unchanged, and the deck notes a tougher environment expected in Q4 from rising raw material costs.

How is the deck structured?

Seventeen slides: title, agenda, a summary section, a results section with consolidated, profit bridge, segment, product, portfolio and balance sheet slides, a disclaimer, and an appendix covering market data, Chemicals and Diversified detail and new products, ending with a repeated disclaimer.

Which regions and product lines were strongest?

By region, Japan's profit rose 30% to 1,716 at a 17.8% margin, and Europe/Middle East/Africa rose 38% to 458. By product, Specialties had the highest margin at 24.4%, and PS/LT profit rose 20% to 2,343 (¥100 million units).

What capital policy items does the deck report?

The February capital policy was completed as planned: a share repurchase of up to 1,500 was executed and cancelled (3.5% of shares before cancellation), and 1,500 of debt funding was completed, in ¥100 million units.

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