Bridgestone 2014 Annual Report Download

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Annual Report 2014
Operational Review

Table of contents

  • Page 1
    Annual Report 2014 Operational Review

  • Page 2
    ... 1 Financial Highlights 2 Segment Highlights 4 Management Tasks 7 Research and Development 8 Corporate Governance, Compliance, and Risk Management 11 Board of Directors and Corporate Auditors 12 Shareholder Information Our Business Tire Business The Group provides tires for passenger cars, trucks...

  • Page 3
    Financial Highlights Bridgestone Corporation and Subsidiaries Years ended December 31, 2014, 2013, and 2012 2014 2013 2012 Millions of yen 2014 / 2013 Percent change 2014 Thousands of U.S. dollars1 Net sales Overseas sales Operating income Net income Total equity 2 ¥3,673,965 2,979,922 478,...

  • Page 4
    ...equipment, and others Sporting goods: Golf balls, golf clubs, and other sporting goods Bicycles: Bicycles, bicycle-related goods, and others Other: Finance and others Net Sales / Operating Income Margin ¥ billion / % 2014 2013 2012 2011 1.2 5.3 Capital Expenditure ¥ billion Net Sales by Business...

  • Page 5
    ... of external customers. For net sales, operating income, and operating income margin by geographic segment, please refer to Supplementary Information of FY 2014, whose URL is http://www.bridgestone.com/ir/library/result/pdf/e_h26_supplementary.pdf. Annual Report 2014 Operational Review 3

  • Page 6
    ...approach, the Group makes full use of "the Strategic Business Unit (SBU) organization" and "the Mid-Term Management Plan" as tools to improve the quality and the speed of management reforms. The 2014 MTP announced in October 2014 includes three priority items: "cultivating a global corporate culture...

  • Page 7
    ... head office for the tire business. Going forward, the Group will optimize the global management 2014 MTP Priority Issues Culture Cultivating a global corporate culture 1. Clarify brand strategy 2. Technology & business model innovation 3. Continuous Kaizen HR Developing human resources capable...

  • Page 8
    ... rigorous risk management for environmental protection, product safety, compliance, and disaster prevention and safety initiatives as well as employee education and corporate citizenship activities. The Company entered into a plea agreement with the U.S. Department of Justice for anti-competitive...

  • Page 9
    ... with the Mid-Term Management Plan (MTP), with the objective of establishing a competitive business model on a global basis through innovation in technology and business models and by strengthening design capabilities that creatively link corporate activities with customers and society. Contact Area...

  • Page 10
    ..., the Company has formulated a structure to promote compliance and basic policies, Overview of corporate governance system Bridgestone has adopted a corporate officer system to more clearly distinguish between management and operational responsibilities. This system allows the Board of Directors to...

  • Page 11
    ...management system based on this policy, all employees of the parent company, Bridgestone Corporation, undergo privacy training and are provided access to related awareness programs to address this important issue. On May 1, 2006, the Board of Directors instituted an official company policy governing...

  • Page 12
    ... to the Board of Directors Nominating Committee Compensation Committee Governance Committee Compliance Committee Management oversight Operational execution CEO and Representative Board Member COO and Representative Board Member Accounting audit Corporate Officer responsible for Internal Auditing...

  • Page 13
    ... the Companies Act 4 Independent corporate auditor For information regarding corporate officers and major subsidiaries, please refer to the Business Report for the 96th Fiscal Period. http://www.bridgestone.com/ir/library/business_reports/pdf/business_report_for_the_96th_fp.pdf Annual Report 2014...

  • Page 14
    ... Thani province on March 31, 2015. Transfer agent Sumitomo Mitsui Trust Bank, Limited 4-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-8233, Japan Common stock traded Tokyo, Nagoya, Fukuoka Common Stock Price Range (Tokyo Stock Exchange) 2008 2009 2010 2011 2012 2013 2014 Yen High Low 2,170 1,215...

  • Page 15
    Annual Report 2014 Operational Review 13

  • Page 16
    Bridgestone Corporation 1-1, Kyobashi 3-chome, Chuo-ku, Tokyo 104-8340, Japan www.bridgestone.co.jp April 2015