5108
BRIDGESTONE CORPORATION
株式会社ブリヂストン
Consumer Cyclical · Auto Parts
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products in Japan, China, India, the Asia Pacific, the United States, the Americas, Europe, the Middle East, and Africa. The company offers passenger car, motorcycle, trucks, buses, construction and mining vehicles, agricultural machinery, and aircraft tires; automotive components; automotive maintenance and repair services; synthetic rubber; retreading materials; and raw materials for tires. It also provides hoses, rubber crawler MT pads, resin piping, seismic isolation rubber, rubber bearings for bridges, and block-type rubber-coated chain bridge collapse prevention device. In addition, the company offers golf equipment comprising golf balls and golf clubs; bicycles and power-assisted bicycles; and finance services, including lending, factoring and entrusted processing of accounting and payroll calculation. Further, it provides retail and service, fleet, aviation, industrial and construction machinery, agriculture mobility, mining, and building solutions. Additionally, it engages in shipping and warehousing activities. Bridgestone Corporation was incorporated in 1931 and is headquartered in Chuo, Japan.
Price
¥3,443
Market Cap
¥2.2T
Ent. Value
¥2.0T
Net Cash
¥226.5B
Shares Out.
638.3M
P / E
14.0×
EV / EBIT
5.2×
P / Book
—
P / NCAV
2.63×
Div. Yield
6.68%
Financials
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥4,429.5B | ¥4,430.1B | ¥4,313.8B | ¥4,110.1B | ¥3,246.1B |
| Cost of Sales | ¥2,722.8B | ¥2,704.1B | ¥2,661.2B | ¥2,516.8B | ¥1,929.6B |
| Gross Profit | ¥1,706.7B | ¥1,726.0B | ¥1,652.6B | ¥1,593.2B | ¥1,316.4B |
| SG&A | ¥1,219.1B | ¥1,252.1B | ¥1,181.5B | ¥1,158.5B | ¥928.6B |
| Operating Income | ¥381.2B | ¥443.3B | ¥481.8B | ¥441.3B | ¥376.8B |
| Non-Operating Income | ¥18.2B | ¥27.3B | ¥35.4B | ¥18.3B | ¥10.8B |
| Interest Income | ¥15.1B | ¥15.0B | ¥29.5B | ¥15.7B | ¥8.5B |
| Non-Operating Expenses | ¥44.0B | ¥49.8B | ¥78.3B | ¥41.9B | ¥16.2B |
| Interest Expense | ¥21.3B | ¥25.1B | ¥21.0B | ¥14.1B | ¥11.3B |
| Pre-tax Income | ¥354.7B | ¥421.4B | ¥444.2B | ¥423.5B | ¥377.6B |
| Net Income (owners) | ¥327.3B | ¥285.0B | ¥331.3B | ¥300.4B | ¥394.0B |
| Minority Interest | ¥7.0B | ¥7.2B | ¥6.0B | ¥5.5B | ¥6.5B |
| Comprehensive Income | ¥385.7B | ¥530.2B | ¥526.4B | ¥565.2B | ¥591.6B |
| EBITDA | ¥734.5B | ¥791.4B | ¥787.6B | ¥723.4B | ¥627.2B |
| EPS | ¥246.00 | ¥416.19 | ¥483.99 | ¥432.29 | ¥559.56 |
| Shares Outstanding | 638.3M | 684.8M | 684.6M | 684.3M | 704.3M |
| Shares Issued (total) | 713.7M | 713.7M | 713.7M | 713.7M | 713.7M |
| Treasury Shares | 75.4M | 28.9M | 29.1M | 29.4M | 9.4M |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥5,747.7B | ¥5,723.5B | ¥5,427.8B | ¥4,961.8B | ¥4,574.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥2,863.2B | ¥2,863.6B | ¥2,697.4B | ¥2,512.7B | ¥2,292.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥713.8B | ¥706.7B | ¥724.6B | ¥518.9B | ¥787.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥2,884.5B | ¥2,859.9B | ¥2,730.4B | ¥2,449.2B | ¥2,282.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥1,858.3B | ¥1,840.3B | ¥1,738.5B | ¥1,556.7B | ¥1,427.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥166.5B | ¥159.0B | ¥150.0B | ¥136.4B | ¥125.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥202.9B | ¥204.9B | ¥200.9B | ¥159.9B | ¥134.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥114.5B | ¥96.0B | ¥88.1B | ¥81.6B | ¥76.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,027.8B | ¥1,937.0B | ¥2,022.4B | ¥1,949.4B | ¥1,899.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥1,122.7B | ¥1,176.2B | ¥1,264.8B | ¥1,085.8B | ¥1,023.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥95.0B | ¥138.9B | ¥258.1B | ¥107.9B | ¥150.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥905.2B | ¥760.8B | ¥757.6B | ¥863.6B | ¥876.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥392.3B | ¥239.4B | ¥239.8B | ¥345.6B | ¥356.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥37.9B | ¥31.7B | ¥30.9B | ¥38.7B | ¥43.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥3,719.9B | ¥3,786.5B | ¥3,405.4B | ¥3,012.5B | ¥2,675.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥121.4B | ¥120.7B | ¥120.3B | ¥119.5B | ¥122.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥3,053.9B | ¥2,868.8B | ¥2,711.2B | ¥2,498.2B | ¥2,307.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-433.9B | ¥-134.6B | ¥-135.4B | ¥-136.8B | ¥-38.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥794.1B | ¥750.4B | ¥531.1B | ¥358.5B | ¥111.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥3,661.8B | ¥3,731.6B | ¥3,353.6B | ¥2,965.8B | ¥2,629.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥58.1B | ¥54.9B | ¥51.8B | ¥46.7B | ¥45.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥487.3B | ¥378.4B | ¥497.9B | ¥453.4B | ¥506.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥226.5B | ¥328.4B | ¥226.7B | ¥65.5B | ¥280.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥835.4B | ¥926.6B | ¥675.0B | ¥563.3B | ¥393.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,309 | ¥1,353 | ¥986 | ¥823 | ¥559 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥5,737 | ¥5,449 | ¥4,898 | ¥4,334 | ¥3,734 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥660.4B | ¥548.8B | ¥661.4B | ¥268.5B | ¥281.5B |
| D&A | ¥353.2B | ¥348.1B | ¥305.8B | ¥282.1B | ¥250.4B |
| Investing CF | ¥-225.0B | ¥-255.1B | ¥-297.7B | ¥-338.0B | ¥131.7B |
| CapEx | ¥251.1B | ¥299.3B | ¥282.4B | ¥221.3B | ¥161.0B |
| Purchase Investments | — | — | ¥-2.2B | ¥-3.7B | ¥-4.4B |
| Financing CF | ¥-429.9B | ¥-343.3B | ¥-183.7B | ¥-364.1B | ¥-379.3B |
| Free Cash Flow | ¥409.4B | ¥249.6B | ¥379.0B | ¥47.2B | ¥120.5B |
| Net Change in Cash | ¥12.6B | ¥-17.3B | ¥205.5B | ¥-368.5B | ¥82.3B |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 8.7% | 7.9% | 10.3% | 10.6% | 14.7% |
| ROA | 5.7% | 5.1% | 6.4% | 6.3% | 8.6% |
| EPS | ¥246.00 | ¥416.19 | ¥483.99 | ¥432.29 | ¥559.56 |
| DPS | ¥230.00 | ¥210.00 | ¥200.00 | ¥175.00 | ¥170.00 |
| FCF/Share | ¥641 | ¥364 | ¥554 | ¥69 | ¥171 |
| NCAV/Share | ¥1,309 | ¥1,353 | ¥986 | ¥823 | ¥559 |
| Payout Ratio | 93.5% | 50.5% | 41.3% | 40.5% | 30.4% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 3
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
98,864 | 15.49% |
| 2 | 公益財団法人石橋財団 | 76,693 | 12.02% |
| 3 |
Japan Custody Bank
株式会社日本カストディ銀行 (信託口)
|
34,796 | 5.45% |
| 4 | 株式会社永坂産業 | 16,325 | 2.56% |
| 5 |
Nippon Life Insurance
日本生命保険相互会社
|
13,218 | 2.07% |
| 6 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
|
12,490 | 1.96% |
| 7 | バークレイズ証券株式会社 | 11,000 | 1.72% |
| 8 |
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385781 (常任代理人 株式会社みずほ銀行決済営業部)
|
8,166 | 1.28% |
| 9 |
SMBC Nikko Securities
SMBC日興証券株式会社
|
7,676 | 1.20% |
| 10 | 全国共済農業協同組合連合会 | 7,518 | 1.18% |
as of 2025-12-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
20.9%
+0.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
3.2%
-1.8% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
20.8%
+0.1% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 44.9% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 15.43% | 14.50% | 15.49% +0.99% | |
| 公益財団法人石橋財団 | 11.20% | 11.20% | 12.02% +0.82% | |
| Japan Custody Bank 日本カストディ銀行 | 5.69% | 5.63% | 5.45% -0.18% | |
| 式会社永坂産業 | 2.38% | 2.38% | 2.56% +0.18% | |
| Nippon Life Insurance 日本生命保険 | 1.93% | 1.93% | 2.07% +0.14% | |
| State Street | 3.06% | 3.41% | 1.96% -1.45% | |
| Barclays NEW ENTRY | — | — | — | 1.72% NEW |
| JP Morgan NEW ENTRY | — | — | — | 1.28% NEW |
| SMBC Nikko Securities SMBC日興証券 | — | 2.11% | 1.20% -0.91% | |
| 全国共済農業協同組合連合会 NEW ENTRY | — | — | — | 1.18% NEW |
| 石橋 寬 last seen 2024 | Exited Top 10 | 3.07% | 3.07% | — |
| BNY Mellon last seen 2024 | Exited Top 10 | — | 1.61% | — |
| SMBC日興証券 last seen 2023 | Exited Top 10 | 2.47% | — | — |
| 日本証券金融 last seen 2023 | Exited Top 10 | 1.60% | — | — |
| Concentration (HHI) ⓘ | 433 | 405 | 436 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥41,286M
-15% since 2023
Holdings
21
12 exited
Trend
1 building
vs 2023
| Held Company | FY2025 ¥41,286M total | FY2023 ¥48,434M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
TOYOTA MOTOR CORPORATION
トヨタ自動車㈱
|
32,887 |
9,799,450
|
25,385 | 9,799,450 | M |
|
Otsuka Holdings Co., Ltd.
大塚ホールディングス㈱
|
1,775 |
200,000
|
1,058 | 200,000 | |
|
YELLOW HAT LTD.
㈱イエローハット
|
1,729 |
+100.0%
↑
1,054,152
|
930 | 527,076 | M |
|
FUKUYAMA TRANSPORTING CO., LTD.
福山通運㈱
|
885 |
200,162
|
812 | 200,162 | |
|
SENKO Group Holdings Co.,Ltd.
センコーグループホールディングス㈱
|
717 |
366,888
|
419 | 366,888 | |
|
Nishi-Nippon Railroad Co.,Ltd.
西日本鉄道㈱
|
593 |
212,237
|
507 | 212,237 | |
|
AUTOBACS SEVEN CO.,LTD.
㈱オートバックスセブン
|
517 |
313,632
|
489 | 313,632 | |
|
FUJI KYUKO CO., LTD.
富士急行㈱
|
507 |
244,510
|
1,032 | 244,510 | |
|
ISEKI&CO.,LTD.
井関農機㈱
|
504 |
270,970
|
293 | 270,970 | M |
|
Niigata Kotsu Co., Ltd.
新潟交通㈱
|
354 |
163,870
|
336 | 163,870 | |
|
SAN-AI OBBLI CO.,LTD
三愛オブリ㈱
|
324 |
153,550
|
247 | 153,550 | |
|
ITOCHU ENEX CO.,LTD.
伊藤忠エネクス㈱
|
192 |
101,386
|
156 | 101,386 | |
|
Central Japan Railway Company
東海旅客鉄道㈱
|
108 |
25,000
|
90 | 25,000 | |
|
Hiroshima Electric Railway Co.,Ltd.
広島電鉄㈱
|
73 |
120,000
|
92 | 120,000 | |
|
Nissin Shoji Co., Ltd.
日新商事㈱
|
61 |
50,000
|
46 | 50,000 | |
|
KAMEI CORPORATION
カメイ㈱
|
37 |
12,100
|
21 | 12,100 | |
|
AIR WATER INC.
エア・ウォーター㈱
|
23 |
10,000
|
19 | 10,000 | |
| TOYO TIRE㈱ | — | — | |||
|
JSR Corporation
JSR㈱
|
— | — | |||
| Nokian Tyres PLC | — | — | |||
| Inoue Rubber (Thailand) Public Co.,Ltd. | — | — | |||
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
— |
−100%
Exit
—
|
1,934 | 281,112 | M |
|
Idemitsu Kosan Co.,Ltd.
出光興産㈱
|
— |
−100%
Exit
—
|
657 | 856,000 | |
|
Kintetsu Group Holdings Co.
近鉄グループホールディングス㈱
|
— |
−100%
Exit
—
|
556 | 124,281 | |
|
Hankyu Hanshin Holdings,Inc.
阪急阪神ホールディングス㈱
|
— |
−100%
Exit
—
|
260 | 57,983 | |
|
Mie Kotsu Group Holdings,Inc.
三重交通グループホールディングス㈱
|
— |
−100%
Exit
—
|
73 | 121,536 | |
|
Daiwa Motor Transportation Co.,Ltd
大和自動車交通㈱
|
— |
−100%
Exit
—
|
45 | 42,000 | |
|
SAKAI HEAVY INDUSTRIES, LTD.
酒井重工業㈱
|
— |
−100%
Exit
—
|
35 | 5,808 | |
| TOYO TIRE㈱ | — |
−100%
Exit
—
|
11,800 | 5,000,000 | M |
|
SEINO HOLDINGS CO.,LTD.
セイノーホールディングス㈱
|
— |
−100%
Exit
—
|
836 | 391,229 | |
|
SANKYU INC.
山九㈱
|
— |
−100%
Exit
—
|
267 | 51,514 | |
|
S LINE GROUP CO.,LTD.
㈱エスライングループ本社
|
— |
−100%
Exit
—
|
26 | 29,700 | |
|
ORIX CORPORATION
オリックス㈱
|
— |
−100%
Exit
—
|
13 | 5,000 | |
| Portfolio total | 41,286 | 48,434 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding