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Bridgestone Corp (BRDCY)
OTHER OTC:BRDCY
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.35Last Year’s EPS
0.41Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 17, 2025
|% Change Since: 9.93%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
The earnings call conveyed a mixed sentiment. While there are positive aspects such as increased revenue, profit, and successful cost reduction initiatives, significant challenges remain, especially in Latin America and the diversified products segment. The company's focus on rebuilding and crisis management reflects these ongoing difficulties.Company Guidance
In the recent call presenting Bridgestone's financial results for 2024 and their business plan for 2025, several key metrics were discussed. The company reported a revenue of approximately JPY4.4 trillion and an adjusted operating profit of JPY480 billion, resulting in an adjusted operating profit margin of 10.9%. The net income from continuing operations was JPY295 billion, with a return on invested capital (ROIC) of 8.2% and a return on equity (ROE) of 8.1%. Despite facing challenges such as increased low-end imports and structural changes in the tire industry, Bridgestone achieved a year-on-year increase in both revenue and profit, aided by favorable foreign exchange rates. The company also implemented global business cost reduction initiatives, achieving savings of about JPY75 billion. Looking ahead to 2025, Bridgestone has positioned the year as one of "Emergency and Crisis Management," aiming to achieve an adjusted operating profit of JPY505 billion and an adjusted operating profit margin of 12%. The company plans to focus on strengthening its premium tire business, optimizing business operations, and reinforcing its defense strategies while laying the foundation for future growth.Revenue and Profit Increase
Bridgestone achieved a year-on-year increase in both revenue and adjusted operating profit, with revenue approximately JPY4.4 trillion and adjusted operating profit approximately JPY480 billion.
Cost Reduction Initiatives
Global business cost reduction initiatives yielded about JPY75 billion, supporting business performance.
Strong Performance in North America
North American business increased in both revenue and profit versus the prior year, with sales of ultra-high rim diameter tires at 112% of the prior year.
Premium Tire Business Success
The premium tire business secured an adjusted operating profit margin of 14%.
Specialty Tire Solutions Growth
Profit increased in Specialties Tire Solutions, including mining and aircraft tires, with a profit margin improvement to 22.3%.
Shareholder Returns
A share buyback of up to 75 million shares at the cost of JPY300 billion and an increased dividend payout ratio to 50% were announced.
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BRDCY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BRDCY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 11, 2024 | $17.62 | $17.70 | +0.45% |
| Aug 09, 2024 | $19.21 | $19.04 | -0.88% |
| May 13, 2024 | $22.08 | $22.30 | +1.00% |
| Feb 16, 2024 | $21.60 | $21.22 | -1.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bridgestone Corp (BRDCY) report earnings?
Bridgestone Corp (BRDCY) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Bridgestone Corp (BRDCY) earnings time?
Bridgestone Corp (BRDCY) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRDCY EPS forecast?
BRDCY EPS forecast for the fiscal quarter 2025 (Q1) is 0.35.
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