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bridgestone corp (5108) Details

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products worldwide. It operates through Tire Business and Diversified Products Business segments. The Tire Business segment provides tires and tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, and motorcycles. This segment also offers retreading materials and services, automotive maintenance and repair services, tire raw materials, and other tire-related products. The Diversified Products Business segment manufactures and sells chemical and industrial products, such as vehicle parts; polyurethane foam and related products; electronic precision parts; industrial materials-related products; civil engineering, and construction materials and equipment; and other products. This segment also offers sporting goods comprising golf balls and golf clubs; and bicycles, and other bicycle goods and other products, as well as finance and other services. Bridgestone Corporation was founded in 1931 and is headquartered in Tokyo, Japan.

144,303 Employees
Last Reported Date: 03/24/16
Founded in 1931

bridgestone corp (5108) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: ¥128.0M
Chief Operating Officer, Representative Execu...
Total Annual Compensation: ¥105.0M
Compensation as of Fiscal Year 2015.
bridgestone corp
Bridgestone to Invest Extra $180 Million at US Tyre Plant

Bridgestone will invest an additional $180 million in its Wilson passenger tyre manufacturing facility in North Carolina. This investment follows the $164 million expansion, which was announced January 2016. The company said the $180 million will go to a new rubber mixer and a 50,000 square foot (4,645 square metre) building to house it. The money will also be used to fund new manufacturing processes and technologies at the facility. Groundbreaking for the building is expected in the spring of 2017 with start of production expected in autumn 2018. Bridgestone said the expansion will assist it in meeting global demand for higher rim diameter tyres. Combined with the previous $164 million, the investment will add manufacturing space to accommodate new tyre assembly machines, materials handling systems, curing presses and associated equipment. Plant capacity is expected to increase by 3,000 tyres per day. The company said by 2018, daily production should reach 35,000 tyres. The plant currently covers 2.5 million square feet.

Bridgestone to Build Two Manufacturing Plants in Thailand

Japanese tire manufacturer Bridgestone has unveiled plans to build two new manufacturing plants in Thailand. Bridgestone has unveiled plans to build two new manufacturing plants in Thailand. The company said that one plant will produce new aircraft tires, while the second plant will produce retread aircraft tires. Both the plants will involve an investment of about JPY 15 billion ($150 million) and are scheduled to commence production in December 2019.

Bridgestone Announces Board Changes, Effective from January 1, 2017

Bridgestone has announced personnel changes, effective from January 1, 2017. The company has appointed Tatsuro Hamada as the new vice-president and officer, Central Research, and as assistant to the vice-president and officer, Public Relations and External Relations. Hamada will replace Koichi Morita, who is retiring from his post as vice-president and officer, Central Research.


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Valuation 5108 Industry Range
Price/Earnings 10.5x
Price/Sales 0.8x
Price/Book 1.4x
Price/Cash Flow 9.8x
TEV/Sales 0.6x

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