Bridgestone Corporation

TSE:5108 Stock Report

Market Cap: JP¥5.4t

Bridgestone Past Earnings Performance

Past criteria checks 5/6

Bridgestone has been growing earnings at an average annual rate of 4.4%, while the Auto Components industry saw earnings growing at 11.3% annually. Revenues have been growing at an average rate of 6.5% per year. Bridgestone's return on equity is 10.8%, and it has net margins of 8.8%.

Key information

4.38%

Earnings growth rate

5.83%

EPS growth rate

Auto Components Industry Growth6.19%
Revenue growth rate6.54%
Return on equity10.82%
Net Margin8.80%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Narrative Update Aug 09

5108: Raw Material Cost Pressures And Recent Rally Will Constrain Future Returns

Analysts have slightly raised their price target for Bridgestone to ¥3,650 from ¥3,600, citing a mix of potential profit support from steadier crude oil prices and offsetting pressure from rising natural rubber costs, along with more limited upside following recent share price gains. What’s in the News for Bridgestone Bridgestone issued consolidated earnings guidance for the fiscal year ending December 31, 2026.
Narrative Update Jul 07

5108: Crude And Rubber Costs Will Shape Future Returns After Buyback

Analysts have lifted their fair value estimate for Bridgestone to ¥3,400, citing a higher Street price target of ¥3,650 that reflects mixed input cost trends and what they see as limited upside after the recent share performance. What’s in the News for Bridgestone Bridgestone reported completion of a share repurchase program announced on February 16, 2026, under which it bought back 32,118,900 shares, representing 2.53% of shares, for ¥109,274.09 million.
Narrative Update Jun 23

5108: Share Buyback And Raw Material Trends Will Shape Future Returns

Analysts have modestly lifted their price target on Bridgestone to ¥3,650, a ¥50 adjustment. This reflects expectations that benefits from steadier crude oil prices on synthetic rubber costs could be partly offset by higher natural rubber prices and what they see as limited further upside after the recent share performance.
Narrative Update Jun 05

5108: Completed Share Buyback And Steady Assumptions Will Guide Future Returns

Analysts have kept their Bridgestone fair value estimate steady at ¥3,671.54, with only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions guiding this narrative update to their price target rationale. What's in the News Bridgestone completed a share buyback program announced on February 16, 2026, repurchasing 14,430,200 shares in total.
Narrative Update May 20

5108: Completed Share Buyback And Stable Outlook Will Shape Future Returns

Analysts have slightly adjusted their price target on Bridgestone to reflect updated assumptions for a fair value of ¥3,671.54, a discount rate of 6.61%, revenue growth of 3.75%, a profit margin of 8.73% and a future P/E of 10.88x. What's in the News Bridgestone completed a share buyback between February 16, 2026 and March 31, 2026, repurchasing 14,430,200 shares for ¥49,687.98 million.
Analysis Article May 16

Bridgestone Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Bridgestone Corporation ( TSE:5108 ) shareholders, because the company has just released its...
Narrative Update Apr 27

5108: Ongoing Share Buyback And Cancellation Will Support A Stronger Outlook

Analysts have maintained Bridgestone's fair value estimate at ¥3,686.92. Updated assumptions indicate slightly higher discount rates, revenue growth and profit margins, along with a modestly lower future P/E, resulting in a broadly unchanged price target view.
Narrative Update Apr 11

5108: Completed Buyback And Planned Cancellation Will Support A Stable Outlook

Analysts have slightly reduced their Bridgestone price target to about ¥3,687 from roughly ¥3,719, reflecting updated assumptions for the discount rate, revenue growth, profit margins and future P/E. What's in the News Bridgestone has completed a share repurchase of 14,430,200 shares, representing 1.13% of its share capital, for ¥49,687.98 million under the buyback announced on February 16, 2026 (Key Developments).
Narrative Update Mar 27

5108: Share Repurchase And Cancellation Plan Will Support A More Attractive Outlook

Analysts have nudged their price target for Bridgestone slightly lower to about ¥3,719 from roughly ¥3,765. This reflects refreshed assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that remain broadly in line with prior expectations.
Narrative Update Mar 13

5108: Large Share Cancellation Plan Will Support A More Attractive Outlook

Analysts now estimate Bridgestone's fair value at ¥3,765, reduced from ¥3,888. This reflects slightly more conservative assumptions on revenue growth, profit margins and discount rate, while keeping the future P/E broadly unchanged.
Narrative Update Feb 27

5108: Buybacks And Performance Tire Expansion Will Support A Fairly Balanced Outlook

Analysts have raised their Bridgestone price target from ¥3,746 to ¥3,888, reflecting updated assumptions around fair value, discount rate, revenue, profit margin and future P/E expectations. What's in the News The Board of Directors authorized a new share buyback plan on February 16, 2026, signaling a continued focus on treasury stock management (Key Developments).
Analysis Article Feb 18

Bridgestone Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders might have noticed that Bridgestone Corporation ( TSE:5108 ) filed its annual result this time last week...
Narrative Update Feb 12

5108: Buybacks And Performance Tire Expansion Will Support A Balanced Medium Term View

Analysts have trimmed their Bridgestone price target from about ¥3,911 to roughly ¥3,746. This reflects slightly lower assumed future P/E and a modestly adjusted fair value framework, while revenue growth and profit margin expectations remain essentially unchanged.
New Narrative Feb 09

Tariffs And Truck Tire Weakness Will Pressure Earnings Despite Margin Initiatives

Catalysts About Bridgestone Bridgestone is a global manufacturer of tires and related solutions for passenger vehicles, trucks, buses, specialty applications and retail customers. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 08

Bridgestone (TSE:5108) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Narrative Update Jan 27

5108: Stock Split And Buyback Will Support Bullish View Through Leadership Transition

Analysts have raised their fair value estimate for Bridgestone to ¥3,911.15 from ¥3,895.77, citing slightly stronger assumed revenue growth, a marginally firmer profit margin, and a modestly higher future P/E multiple in their updated models. What's in the News Bridgestone updated its share buyback, completing the repurchase of 46,679,700 shares, or 3.5% of shares, for ¥299,999.68 million under the program announced on February 17, 2025.
Analysis Article Jan 12

Bridgestone (TSE:5108) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Jan 11

5108: Stock Split Will Support Bullish View Through Leadership Transition

Analysts have trimmed their price target for Bridgestone to about ¥3,896 from roughly ¥7,691, reflecting updated views on fair value, a slightly lower discount rate, modestly higher revenue growth assumptions, a small reduction in profit margin, and a slightly higher future P/E multiple. What's in the News Bridgestone plans a 2 for 1 stock split or significant stock dividend effective December 29, 2025, following board approval to pursue the split and related changes to its Articles of Incorporation (Key Developments).
Analysis Article Dec 25

Bridgestone (TSE:5108) Will Pay A Dividend Of ¥115.00

The board of Bridgestone Corporation ( TSE:5108 ) has announced that it will pay a dividend on the 26th of March, with...
Narrative Update Dec 25

5108: Leadership Transition And Stock Split Will Guide Balanced Outlook Through 2026

Analysts have nudged their price target on Bridgestone slightly higher to ¥7,690 from ¥7,646, citing marginally improved long term profit margin assumptions and a modest uptick in expected valuation multiples, despite slightly softer revenue growth forecasts. What's in the News The board approved a stock split and related amendments to the Articles of Incorporation, with changes to authorized shares taking effect January 1, 2026 (Board meeting and bylaw changes).
Narrative Update Dec 11

5108: New Leadership And Stock Split Will Shape Balanced Outlook Through 2026

Analysts have nudged their price target on Bridgestone slightly higher to reflect a modest increase in estimated fair value, driven by a lower perceived discount rate and slightly richer future valuation multiples, partially offset by more conservative expectations for revenue growth and profit margins. What's in the News Unveiled the Potenza RE-71RZ extreme summer performance tire for grassroots racing, promising significantly faster dry and wet lap times, improved wear life and enhanced sustainability via ENLITEN technology (Product-Related Announcement).
Analysis Article Dec 03

Bridgestone (TSE:5108) Will Pay A Dividend Of ¥115.00

Bridgestone Corporation's ( TSE:5108 ) investors are due to receive a payment of ¥115.00 per share on 26th of March...
Narrative Update Nov 27

5108: New Leadership And Share Buyback Will Balance Outlook Through 2026

Bridgestone's analyst fair value price target has been raised from ¥7,331.82 to ¥7,629.17, as analysts cite improved revenue growth forecasts and a strengthened profit margin in their updated outlooks. What's in the News Bridgestone revised its consolidated earnings guidance for the fiscal year ending December 31, 2025, due to deteriorating U.S. economic conditions and declining North American tire sales.
Analysis Article Nov 14

Earnings Beat: Bridgestone Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Investors in Bridgestone Corporation ( TSE:5108 ) had a good week, as its shares rose 6.6% to close at JP¥7,314...
Analysis Article Nov 12

Bridgestone (TSE:5108) Will Pay A Dividend Of ¥115.00

Bridgestone Corporation ( TSE:5108 ) has announced that it will pay a dividend of ¥115.00 per share on the 26th of...
Narrative Update Nov 07

5108: Management Change And Share Buyback Will Shape Outlook Into 2026

Narrative Update: Bridgestone Analyst Price Target Revision Analysts have raised their target price for Bridgestone by approximately ¥100 to ¥7,332. This change reflects improved revenue growth expectations and a modest adjustment in discount rate assumptions.
Analysis Article Oct 29

Bridgestone (TSE:5108) Will Pay A Dividend Of ¥115.00

Bridgestone Corporation ( TSE:5108 ) will pay a dividend of ¥115.00 on the 26th of March. This makes the dividend yield...
Narrative Update Oct 24

Leadership Changes And Share Buybacks Will Support Margin Expansion And Dividend Increase

Analysts have marginally raised their price target for Bridgestone to ¥7,223 per share, citing incremental improvements in revenue growth and profitability forecasts. What's in the News Bridgestone Corporation will undergo an executive leadership change with Yasuhiro Morita appointed as Global CEO effective January 1, 2026, succeeding Shuichi Ishibashi.
Analysis Article Oct 15

Bridgestone's (TSE:5108) Dividend Will Be ¥115.00

Bridgestone Corporation ( TSE:5108 ) will pay a dividend of ¥115.00 on the 26th of March. This will take the dividend...
Narrative Update Oct 10

Premium Tire Focus And Cost Cuts To Expand Margins As Firestone And ENLITEN Boost Revenue Growth

Bridgestone's analyst price target has been raised from ¥7,150 to ¥7,223. This change reflects updated assessments of fair value in light of slight changes in revenue growth and discount rate assumptions by analysts.
Analysis Article Oct 01

Bridgestone (TSE:5108) Will Pay A Dividend Of ¥115.00

Bridgestone Corporation ( TSE:5108 ) will pay a dividend of ¥115.00 on the 26th of March. This will take the annual...
Narrative Update Sep 26

Premium Tire Focus And Cost Cuts To Expand Margins As Firestone And ENLITEN Boost Revenue Growth

Bridgestone’s modestly improved net profit margin likely underpins the slight upward revision in its consensus analyst price target from ¥7032 to ¥7150. What's in the News Bridgestone raised its second quarter dividend to JPY 115.00 per share from JPY 105.00 per share a year earlier.
Narrative Update Sep 11

Premium Tire Focus And Cost Cuts To Expand Margins As Firestone And ENLITEN Boost Revenue Growth

Bridgestone’s consensus analyst price target has increased slightly from ¥6,905 to ¥7,032, reflecting minimal changes in both future P/E and discount rate assumptions. What's in the News Bridgestone increased its second-quarter dividend to JPY 115.00 per share, up from JPY 105.00 per share the prior year.
Analysis Article Sep 02

Bridgestone's (TSE:5108) Dividend Will Be ¥115.00

The board of Bridgestone Corporation ( TSE:5108 ) has announced that it will pay a dividend on the 26th of March, with...
Analysis Article Aug 28

Bridgestone (TSE:5108) Is Experiencing Growth In Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Narrative Update Aug 27

Premium Tire Focus And Cost Cuts To Expand Margins As Firestone And ENLITEN Boost Revenue Growth

The consensus analyst price target for Bridgestone saw a minor upward revision, primarily reflecting a slight increase in revenue growth forecasts, with fair value moving from ¥6718 to ¥6818. What's in the News Bridgestone increased its second-quarter dividend to JPY 115.00 per share from JPY 105.00 per share a year ago.
Analysis Article Aug 12

Bridgestone Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Investors in Bridgestone Corporation ( TSE:5108 ) had a good week, as its shares rose 6.6% to close at JP¥6,612...
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New Narrative Jan 05

Premium Tire Focus And Cost Cuts To Expand Margins As Firestone And ENLITEN Boost Revenue Growth

Bridgestone's shift to premium and specialty tires aims to drive revenue and margin growth due to higher profit margins.

Revenue & Expenses Breakdown

How Bridgestone makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:5108 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 264,634,682408,0011,275,2990
31 Mar 264,484,730333,3361,232,4790
31 Dec 254,429,452317,106970,233126,424
30 Sep 254,395,611235,675943,924126,156
30 Jun 254,369,760201,089951,903126,156
31 Mar 254,424,130274,102981,913126,156
31 Dec 244,430,096285,022998,590126,156
30 Sep 244,385,067313,7171,012,058121,993
30 Jun 244,388,867342,7541,003,643121,993
31 Mar 244,334,374322,885975,864121,993
31 Dec 234,313,800326,930946,653121,993
30 Sep 234,331,291353,976980,678112,192
30 Jun 234,325,435371,207973,846112,192
31 Mar 234,262,600330,752981,560112,192
31 Dec 224,110,070305,508944,925112,192
30 Sep 223,821,222332,162903,46295,480
30 Jun 223,563,609301,849848,46595,480
31 Mar 223,380,175313,025776,97095,480
31 Dec 213,246,057307,869743,35595,480
30 Sep 213,247,341193,721746,76095,205
30 Jun 213,207,843122,362729,44995,205
31 Mar 212,999,18317,485705,36395,205
31 Dec 202,994,524-23,301722,08995,205
30 Sep 203,039,15063,077867,80827,672
30 Jun 203,136,408151,771855,36953,946
31 Mar 203,429,543251,693871,30280,969
31 Dec 193,525,600292,598850,006105,283
30 Sep 193,611,310277,581852,662106,144
30 Jun 193,619,365275,807849,317105,506
31 Mar 193,638,547288,618846,700103,579
31 Dec 183,650,111291,642839,573103,551
30 Sep 183,654,539309,968840,481101,774
30 Jun 183,675,988291,054840,940100,110
31 Mar 183,651,389292,439833,432100,702
31 Dec 173,643,427288,275828,37299,791
30 Sep 173,555,295280,264817,43997,341
30 Jun 173,433,297274,036797,65896,365
31 Mar 173,363,111268,047786,60094,551
31 Dec 163,337,017265,550788,21595,403
30 Sep 163,417,723272,231799,73696,056
30 Jun 163,581,324262,997824,16896,563
31 Mar 163,722,394269,442845,71795,988
31 Dec 153,790,251284,294851,94194,977
30 Sep 153,826,188270,039849,57496,960

Quality Earnings: 5108 has high quality earnings.

Growing Profit Margin: 5108's current net profit margins (8.8%) are higher than last year (4.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 5108's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 5108's earnings growth over the past year (102.9%) exceeds its 5-year average (4.4% per year).

Earnings vs Industry: 5108 earnings growth over the past year (102.9%) exceeded the Auto Components industry 26.6%.


Return on Equity

High ROE: 5108's Return on Equity (10.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/10 12:24
End of Day Share Price 2026/08/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bridgestone Corporation is covered by 32 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Harry MartinBernstein
NEIL BEVERIDGEBernstein