Bridgestone Management

Management criteria checks 2/4

Bridgestone's CEO is Shu Ishibashi, appointed in Mar 2020, has a tenure of 4.08 years. directly owns 0.005% of the company’s shares, worth €1.31M. The average tenure of the management team and the board of directors is 4.8 years and 5.7 years respectively.

Key information

Shu Ishibashi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.1yrs
CEO ownership	0.005%
Management average tenure	4.8yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shu Ishibashi's remuneration changed compared to Bridgestone's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥327b
Sep 30 2023	n/a	n/a	JP¥354b
Jun 30 2023	n/a	n/a	JP¥371b
Mar 31 2023	n/a	n/a	JP¥331b
Dec 31 2022	n/a	n/a	JP¥306b
Sep 30 2022	n/a	n/a	JP¥332b
Jun 30 2022	n/a	n/a	JP¥302b
Mar 31 2022	n/a	n/a	JP¥313b
Dec 31 2021	JP¥280m	JP¥69m	JP¥308b

Compensation vs Market: Insufficient data to establish whether Shu's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Insufficient data to compare Shu's compensation with company performance.

CEO

Shu Ishibashi (69 yo)

4.1yrs

Tenure

JP¥280,000,000

Compensation

Mr. Shuichi Ishibashi, also known as Shu, serves as Director and Global Chief Executive officer at Bridgestone Corporation since 2020 and also serves as it's Representative Executive Officer since January...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shuichi Ishibashi	Global CEO	4.1yrs	JP¥280.00m	0.0048% ¥ 1.3m
Masahiro Higashi	Joint Global COO	2yrs	JP¥198.00m	0.0037% ¥ 1.0m
Paolo Ferrari	Joint Global COO	2yrs	JP¥582.00m	no data
Masato Sakano	CTO & Senior Managing Executive Officer	4.3yrs	no data	no data
Hidekazu Kimizu	Chief Compliance Officer of Legal Affairs and Intellectual Property	6.3yrs	no data	no data
Yoshikazu Shida	Global Chief Communication Officer	no data	no data	no data
Motoi Mochizuki	Chief Marketing Officer	no data	no data	no data
Masayuki Ishii	Chief Risk Officer	no data	no data	no data
Mahito Fuji	Chief Quality Officer	5.3yrs	no data	no data
Thomas Higgins	Global Chief Business Strategic Officer & Senior Managing Executive Officer	5.3yrs	no data	no data
Ulf Harring	Chief Operating Officer of Europe	5.6yrs	no data	no data
Liesbeth Denys	Head of PR and Corporate Communications	no data	no data	no data

4.8yrs

Average Tenure

61yo

Average Age

Experienced Management: BGT's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shuichi Ishibashi	Global CEO	5.3yrs	JP¥280.00m	0.0048% ¥ 1.3m
Masahiro Higashi	Joint Global COO	3.3yrs	JP¥198.00m	0.0037% ¥ 1.0m
Scott Davis	Independent Chairman of the Board	13.1yrs	no data	0.00015% ¥ 40.9k
Yuri Okina	Independent Outside Director	10.1yrs	no data	no data
Kenzo Yamamoto	Independent Outside Director	8.1yrs	no data	0.00044% ¥ 119.9k
Kenichi Masuda	Independent Outside Director	8.1yrs	no data	no data
Akira Matsuda	Director	1.1yrs	no data	0.00056% ¥ 152.6k
Tsuyoshi Yoshimi	Director	5.1yrs	no data	0.00045% ¥ 122.7k
Yojiro Shiba	Independent Outside Director	6.1yrs	no data	no data
Yoko Suzuki	Independent Outside Director	6.1yrs	no data	0.00053% ¥ 144.5k
Yukari Kobayashi	Independent Outside Director	1.1yrs	no data	0.000010% ¥ 2.7k
Yasuhiro Nakajima	Independent Outside Director	1.1yrs	no data	0.000010% ¥ 2.7k

5.7yrs

Average Tenure

62yo

Average Age

Experienced Board: BGT's board of directors are considered experienced (5.7 years average tenure).

Bridgestone Management

Management criteria checks 2/4

Key information

Recent management updates

Bridgestone Corporation, Annual General Meeting, Mar 26, 2024

Bridgestone Corporation, Annual General Meeting, Mar 28, 2023

Bridgestone MEA Appoints Fourie as New VP & MD

Bridgestone Announces Management Changes

Bridgestone Corporation, Annual General Meeting, Mar 23, 2022

Bridgestone Corporation, Annual General Meeting, Mar 26, 2021

Recent updates

Final dividend of JP¥105 announced

Full year 2023 earnings released: EPS: JP¥478 (vs JP¥440 in FY 2022)

Bridgestone Corporation to Report Q1, 2024 Results on May 13, 2024

Full year 2023 earnings released: EPS: JP¥478 (vs JP¥440 in FY 2022)

Bridgestone Corporation, Annual General Meeting, Mar 26, 2024

Upcoming dividend of JP¥100.00 per share at 3.4% yield

Bridgestone Corporation to Report Fiscal Year 2023 Results on Feb 16, 2024

Third quarter 2023 earnings released: EPS: JP¥120 (vs JP¥144 in 3Q 2022)

Bridgestone Corporation Launches its Next-Generation Sports Motorcycle Tire, the BATTLAX HYPERSPORT S23

Second quarter 2023 earnings released: EPS: JP¥135 (vs JP¥74.79 in 2Q 2022)

Bridgestone Corporation to Report First Half, 2023 Results on Aug 09, 2023

Upcoming dividend of JP¥100.00 per share at 3.3% yield

First quarter 2023 earnings released: EPS: JP¥132 (vs JP¥93.11 in 1Q 2022)

Full year 2022 earnings released: EPS: JP¥440 (vs JP¥437 in FY 2021)

Bridgestone Corporation, Annual General Meeting, Mar 28, 2023

Full year 2022 earnings released: EPS: JP¥440 (vs JP¥437 in FY 2021)

Now 20% undervalued after recent price drop

Bridgestone MEA Appoints Fourie as New VP & MD

Upcoming dividend of JP¥85.00 per share

Bridgestone Corporation to Report Fiscal Year 2022 Results on Feb 16, 2023

Bridgestone Corporation to Report Q3, 2023 Results on Nov 10, 2023

Third quarter 2022 earnings released: EPS: JP¥144 (vs JP¥98.39 in 3Q 2021)

Third quarter 2022 earnings released: EPS: JP¥144 (vs JP¥98.39 in 3Q 2021)

Anhui Zhongding Holding (Group) Co., Ltd. completed the acquisition of anti-vibration rubber business from Bridgestone Corporation (TSE:5108).

Second quarter 2022 earnings released: EPS: JP¥74.74 (vs JP¥89.98 in 2Q 2021)

Upcoming dividend of JP¥85.00 per share

First quarter 2022 earnings released: EPS: JP¥93.11 (vs JP¥85.58 in 1Q 2021)

Bridgestone Announces Management Changes

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Bridgestone Corporation, Annual General Meeting, Mar 23, 2022

Bridgestone Corporation (TSE:5108) announces an Equity Buyback for 25,000,000 shares, representing 3.55% for ¥100,000 million.

Upcoming dividend of JP¥85.00 per share

LCY Chemical Corp. completed the acquisition of Bridgestone (Huizhou) Synthetic Rubber Co., Ltd. from Bridgestone Corporation (TSE:5108).

Third quarter 2021 earnings released: EPS JP¥98.39 (vs JP¥2.95 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS JP¥89.98 (vs JP¥58.96 loss in 2Q 2020)

Upcoming dividend of JP¥60.00 per share

LCY Chemical Corp. agreed to acquire Bridgestone (Huizhou) Synthetic Rubber Co., Ltd. from Bridgestone Corporation (TSE:5108) for approximately CNY 400 million.

First quarter 2021 earnings released: EPS JP¥85.58 (vs JP¥27.66 in 1Q 2020)

Bridgestone Corporation (TSE:5108) entered into an agreement to acquire Otraco International Pty Ltd. from Downer EDI Limited (ASX:DOW) for AUD 79 million.

Full year 2020 earnings released: JP¥33.09 loss per share (vs JP¥405 profit in FY 2019)

Full year 2020 earnings released: JP¥33.09 loss per share (vs JP¥405 profit in FY 2019)

Revenue misses expectations

Bridgestone Corporation, Annual General Meeting, Mar 26, 2021

New 90-day high: €32.50

New 90-day high: €31.07

Lafargeholcim Reportedly in Talks to Acquire Bridgestone Unit

Bridgestone Corporation to Report Q3, 2021 Results on Nov 11, 2021

Bridgestone Chooses Lamborghini as the Tire Supplier for the Lamborghini Huracán STO

Third quarter 2020 earnings released: JP¥2.95 loss per share

Revenue misses expectations

New 90-day high: €29.19

New 90-day high: €28.98

AG II-b Investment Limited Partnership managed by Aspirant Group, Inc. completed the acquisition of unit bath business from Bridgestone Corporation (TSE:5108).

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age