BRIDGESTONE CORPORATION [5108.T]
TOKYO, May 14 (Pulse News Wire) – Bridgestone Corporation (5108.T) reported record revenue and operating profit for the first quarter of 2026, driven by strong sales performance across key markets despite challenging conditions. Revenue reached ¥10.80 billion, up 5%, while adjusted operating profit increased 10% to ¥1.11 trillion.
In North America, Bridgestone achieved robust sales growth through new product launches and multi-brand strategies, outperforming demand in passenger and truck tires. In Europe, the company continued to improve profitability with premium tire sales. Despite geopolitical tensions in the Middle East, Bridgestone's exposure remains limited, accounting for approximately 10% of regional sales.
For the full year, the outlook remains unchanged from previous guidance, though rising crude oil prices are expected to impact costs beginning in the second quarter. Bridgestone is implementing various cost-saving measures to mitigate potential impacts. The company also detailed its capital policy, aiming to enhance shareholder value through optimal capital structure adjustments, including share repurchases up to ¥850 billion.
Bridgestone plans to maintain industry ratings while reducing weighted average cost of capital (WACC).
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