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BRIDGESTONE CORPORATION

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Bridgestone : Sustainability Report 2020-2021

01/12/2022 | 10:46am EDT

About this Report

Contents

This report covers the initiatives of

Bridgestone at a Glance . . . . . . . . . . . . . . . . . . . . . . . . . .

. . . 4.

the Bridgestone Group, which includes

.subsidiaries. . . . . .and affiliates around

Bridgestone's Past and Future . . . . . . . . . . . . . . . . . . . . . .

. .5-.6. . . . . . .

the world..

Our Way to Serve . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. 7. -.8 . . . . .

Throughout. . . . . . this report, Bridgestone or the "Company"

Global CEO Commitment . . . . . . . . . . . . . . . . . . . . . . . . . .

.9-.12.

refers to the Bridgestone Corporation, while "the

Bridgestone. . .Group," or "the Group" refers to all group

Realization of Mid-Long Term Business Strategy

companies..

with Sustainability as its Core. . . . . . . . . . . . . . . . . . . .

13. -.44. . . . .

Bridgestone Corporation is the parent company of the

Topic: Mid-Long Term Environmental Contribution . . . .

.45. -50

Bridgestone Group, which includes the following Strategic

Business Units (SBUs)..

Build Trust to Propagate Value Co-creation . . . . . . . . . . .

51.-60. . .

• Bridgestone Americas (BSAM) including the United

Management Fundamentals for Value Creation. . . . . . . .

61. .-72.

States, Canada, Latin America, the Caribbean and

Compliance, Fair Competition. . . . . . . . . . . . . . . . . . .

63. -.64. . . . .

Liberia;

Business Continuity (BCP), Risk Management.. . . . . . .

65. -66

• Bridgestone China Asia Pacific (BSCAP);

Human Rights, Labor Practices. . . . . . . . . . . . . . . . . . . . . .

. .67. . . . .

• Bridgestone Europe, Russia, Middle East, India, and

Safety, Industrial Hygiene. . . . . . . . . . . . . . . . . . . . . . .

. . 68. .

. . Africa (BSEMIA);

Procurement.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

. . 69. .

. Bridgestone Japan (BSJP) including Japan Tire,

Topic: Sustainable Procurement of Natural Rubber.

. 70-71

Diversified Products Solutions Business and

Quality and Customer Value. . . . . . . . . . . . . . . . . . . . . .

. . 72. . .

Sports/Cycles Business..

Corporate Governance

This report primarily covers the 2020 calendar year,

(Roundtable with Independent Directors). . . . . . . . .

.73. -.78

with some additional information from late 2019, early

2021 and beyond according to the content of our Mid-

Stakeholder Engagement . . . . . . . . . . . . . . . . . . . . . . . . . . .

. .79.

Long Term Business Strategy.. In preparing the report, the

Bridgestone Group referenced the Reporting Principles

ESG Data. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

80. -.82. . . . . .

and. . .Disclosures. . . of the Global Reporting Initiative (GRI)

Standards, as well as the International Integrated

Reporting Framework of the Value Reporting Foundation..

Additional information is available on the sustainability website..

3 | About this Report

Sustainability Report 2020-2021

Bridgestone at a Glance

Bridgestone, founded in 1931, is the world's leading tire and rubber company..

Major Products and Operations

Bridgestone Group's main businesses include:

CORE BUSINESS (TIRE BUSINESS)

  • Tires and tubes for passenger cars, trucks, buses, aircraft, construction and off-road mining vehicles, industrial and agricultural machinery, motorcycles, scooters and other vehicles;
  • Automotive parts, automotive maintenance and repair services, raw materials for tires and other products;

GROWTH BUSINESS (SOLUTIONS BUSINESS)

  • Tire-centricsolutions: Business to provide added value to products through product and tire related data;
  • Mobility solutions: Business to provide new value through products, tire-related and mobility-related data;

DIVERSIFIED PRODUCTS BUSINESS

  • Chemical and industrial products: Antivibration and noise-insulating materials, polyurethane foam products, electro-materials, industrial rubber products, building materials, belts, hoses and others;
  • BSAM Diversified Products: A business under Bridgestone Americas, Inc..;
  • Sporting goods: Golf balls, golf clubs, golf wear and others;
  • Bicycles: Bicycles, other bicycle goods and others;

OTHERS

MANUFACTURING LOCATIONS WITH ISO CERTIFICATION

ISO 9001 Certified1,2

ISO 14001 Certified1,3

100%

98%

2020 CONSOLIDATED NET SALES1

2,994.5 Billion JPY / 28.93 Billion4 USD

83% Tires

17% Others5

2020 TIRE PRODUCTION VOLUME (TONNAGE OF RUBBER) 1,6

1.45 Million Tonnes

28% Japan

32% The Americas

19% Europe, Russia, Middle East, India & Africa

21% China, Asia Pacific

2020 SALES BY MARKET 1,6

More than 150 Countries

24% Japan

45% The Americas

18% Europe, Russia, Middle East, India & Africa

13% China, Asia Pacific

  • Finance and others..

EMPLOYEES1,6

138,036 Total

21% Japan

39% The Americas

16% Europe, Russia, Middle East, India & Africa

24% China, Asia Pacific

  1. As of December 31, 2020..
  2. 151 sites are targeted for ISO 9001 certification/151 sites are certified (100%).. The Bridgestone Group requires all manufacturing locations in which it has 50% or more share ratio to achieve ISO 9001 certification..
  3. 153 sites are targeted for ISO 14001 certification/150 sites are certified (98%).. The Bridgestone Group requires all manufacturing locations with 50 employees or more to achieve ISO 14001 certification..
  4. Based on the 103..5 JPY to USD$1..00, the approximate year-end rate..
  5. Includes the Company's Diversified Products, BSAM-diversified products, sporting goods, bicycles and other products..
  6. Approximate percentage..

4 | Bridgestone at a Glance

Sustainability Report 2020-2021

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Bridgestone Corporation published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 15:45:04 UTC.


© Publicnow 2022
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 4 907,00 JPY
Average target price 5 108,33 JPY
Spread / Average Target 4,10%
EPS Revisions
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Shuichi Ishibashi Chief Executive Officer & Director
Akihiro Eto General Manager-Corporate Planning
Masaaki Tsuya Manager-Office of the President
Masato Sakano Chief Technology Officer
Scott Trevor Davis Independent Outside Director
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