Bridgestone Future Growth

Future criteria checks 1/6

Bridgestone is forecast to grow earnings and revenue by 8.4% and 4.1% per annum respectively. EPS is expected to grow by 8.4% per annum. Return on equity is forecast to be 11.3% in 3 years.

Key information

8.4%

Earnings growth rate

8.4%

EPS growth rate

Auto Components earnings growth	12.5%
Revenue growth rate	4.1%
Future return on equity	11.3%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Bridgestone (TSE:5108) Is Increasing Its Dividend To ¥105.00

Apr 26

The Price Is Right For Bridgestone Corporation (TSE:5108)

Apr 25

Bridgestone's (TSE:5108) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 11

Bridgestone (TSE:5108) Seems To Use Debt Quite Sensibly

Mar 01

Earnings and Revenue Growth Forecasts

TSE:5108 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,913,253	441,798	285,922	770,158	9
12/31/2025	4,701,760	408,303	248,754	745,418	11
12/31/2024	4,513,845	379,602	213,662	650,796	11
12/31/2023	4,313,800	326,930	318,496	661,433	N/A
9/30/2023	4,331,291	353,976	242,711	568,033	N/A
6/30/2023	4,325,435	371,207	111,246	410,073	N/A
3/31/2023	4,262,600	330,752	46,904	322,339	N/A
12/31/2022	4,110,070	305,508	13,757	268,483	N/A
9/30/2022	3,821,222	332,162	7,450	231,826	N/A
6/30/2022	3,563,609	301,849	47,126	260,951	N/A
3/31/2022	3,380,175	313,025	54,323	256,655	N/A
12/31/2021	3,246,057	307,869	96,547	281,538	N/A
9/30/2021	3,247,341	193,721	198,687	386,565	N/A
6/30/2021	3,207,843	122,362	305,191	497,168	N/A
3/31/2021	2,999,183	17,485	349,005	553,715	N/A
12/31/2020	2,994,524	-23,301	308,834	526,947	N/A
9/30/2020	3,039,150	63,077	N/A	N/A	N/A
6/30/2020	3,136,408	151,771	154,618	412,311	N/A
3/31/2020	3,429,543	251,693	N/A	N/A	N/A
12/31/2019	3,525,600	292,598	184,533	464,457	N/A
9/30/2019	3,611,310	277,581	N/A	N/A	N/A
6/30/2019	3,619,365	275,807	151,027	428,561	N/A
3/31/2019	3,638,547	288,618	N/A	N/A	N/A
12/31/2018	3,650,111	291,642	97,654	360,955	N/A
9/30/2018	3,654,539	309,968	N/A	N/A	N/A
6/30/2018	3,675,988	291,054	164,587	384,821	N/A
3/31/2018	3,651,389	292,439	N/A	N/A	N/A
12/31/2017	3,643,427	288,275	213,555	418,109	N/A
9/30/2017	3,555,295	280,264	N/A	N/A	N/A
6/30/2017	3,433,297	274,036	N/A	396,541	N/A
3/31/2017	3,363,111	268,047	N/A	N/A	N/A
12/31/2016	3,337,017	265,550	N/A	444,535	N/A
9/30/2016	3,417,723	272,231	N/A	N/A	N/A
6/30/2016	3,581,324	262,997	N/A	509,847	N/A
3/31/2016	3,722,394	269,442	N/A	N/A	N/A
12/31/2015	3,790,251	284,294	N/A	553,938	N/A
9/30/2015	3,826,188	270,039	N/A	N/A	N/A
6/30/2015	3,779,199	302,996	N/A	511,579	N/A
3/31/2015	3,703,989	300,217	N/A	N/A	N/A
12/31/2014	3,673,964	300,589	N/A	428,621	N/A
9/30/2014	3,627,141	231,865	N/A	N/A	N/A
6/30/2014	3,613,160	227,255	N/A	463,914	N/A
3/31/2014	3,637,139	230,908	N/A	N/A	N/A
12/31/2013	3,568,091	202,053	N/A	471,771	N/A
9/30/2013	3,419,473	251,592	N/A	N/A	N/A
6/30/2013	3,255,958	213,380	N/A	458,475	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5108's forecast earnings growth (8.4% per year) is above the savings rate (0.2%).

Earnings vs Market: 5108's earnings (8.4% per year) are forecast to grow slower than the JP market (9.2% per year).

High Growth Earnings: 5108's earnings are forecast to grow, but not significantly.

Revenue vs Market: 5108's revenue (4.1% per year) is forecast to grow slower than the JP market (4.4% per year).

High Growth Revenue: 5108's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 5108's Return on Equity is forecast to be low in 3 years time (11.3%).

Bridgestone Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Analysts update estimates

Analysts update estimates

Recent updates

Bridgestone (TSE:5108) Is Increasing Its Dividend To ¥105.00

The Price Is Right For Bridgestone Corporation (TSE:5108)

Bridgestone's (TSE:5108) Shareholders Will Receive A Bigger Dividend Than Last Year

Final dividend increased to JP¥105

Full year 2023 earnings: EPS misses analyst expectations

Bridgestone (TSE:5108) Seems To Use Debt Quite Sensibly

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

Full year 2023 earnings: EPS misses analyst expectations

Bridgestone Corporation, Annual General Meeting, Mar 26, 2024

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

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

Third quarter 2023 earnings: EPS misses analyst expectations

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

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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: EPS and revenues exceed analyst expectations

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Bridgestone Corporation, Annual General Meeting, Mar 28, 2023

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: EPS and revenues exceed analyst expectations

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of JP¥85.00 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Bridgestone Announces Management Changes

Bridgestone Corporation, Annual General Meeting, Mar 23, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

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)

New 90-day high: JP¥4,472

Bridgestone Corporation, Annual General Meeting, Mar 26, 2021

Revenue and earnings miss expectations

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

Analysts update estimates

New 90-day high: JP¥4,141

Analysts update estimates

New 90-day high: JP¥3,900

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

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

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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