Bridgestone 2013 Annual Report Download

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Annual Report 2013
Operational Review

Table of contents

  • Page 1
    Annual Report 2013 Operational Review

  • Page 2
    ... centered on tire productions; and today the Group has over 180 manufacturing plants and R&D facilities around the world. Contents 1 Financial Highlights 2 Segment Highlights 4 Management Tasks 8 Research and Development 11 Corporate Governance, Compliance, and Risk Management 14 Board of Directors...

  • Page 3
    Financial Highlights Bridgestone Corporation and Subsidiaries Years ended December 31, 2013, 2012, and 2011 2013 2012 2011 Millions of yen 2013 / 2012 Percent change 2013 Thousands of U.S. dollars1 Net sales Overseas sales Operating income Net income Total equity Total assets 2 ¥3,568,091 2,...

  • Page 4
    Segment Highlights Bridgestone Corporation and Subsidiaries Year ended December 31, 2013, 2012, 2011, and 2010 Business Segments Tire Business Tires: Tires and tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, ...

  • Page 5
    ... or territories of external customers. For net sales, operating profits, and operating margins by geographic segment, please refer to Supplementary Information of FY 2013, whose URL is http://www.bridgestone.com/ir/library/result/pdf/e_h25_supplementary.pdf Annual Report 2013 Operational Review 3

  • Page 6
    ... this fundamental 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. In regard to its organizational structure, the Group will further increase the efficiency...

  • Page 7
    ...as an official company language and the restructuring of the tire business SBUs. In regard to the third issue, "upgrading the global management structure," the Group is focused on four 2013 MTP Priority Issues Cultivating global corporate culture 1. Clarifying brand strategy 2. Promoting innovation...

  • Page 8
    ... risk management, the Group is considering the restructuring of the tire business SBUs by expanding the European SBU to include the Middle East and Africa and combining the China SBU and the Asia Pacific SBU. In regard to "expansion of the diversified products business," the Group is utilizing the...

  • Page 9
    ... rigorous risk management for environmental protection, product safety, compliance, and disaster prevention and safety initiatives; employee education; and corporate citizenship activities. Since being informed of the investigation by the U.S. Department of Justice ("DOJ") in May 2012 regarding anti...

  • Page 10
    ... on a global basis, taking into consideration the environmental impact of its new product development and production processes. A key challenge of the Group is to be "Dan-Totsu" of technology in each business domain in accordance with the Mid-Term Management Plan (MTP). The Group conducts technical...

  • Page 11
    ... of "ECOPIA" fuel-efficient tires, including global development and expanding original equipment offerings for new cars. The Group has positioned run-ï¬,at tires as an important strategic product line. The Group is actively working to promote the use of run-ï¬,at tires, which continue to perform at...

  • Page 12
    ... information in a timely manner. Enhancing the Group's technical support system enables the Group to provide high-quality tires that reflect local customer needs. As for new technology for the future, the Group enhanced the load-bearing capacity, travelling performance, and low-rolling-resistance...

  • Page 13
    ... was a full-time outside corporate auditor. At the Annual Shareholders' Meeting held on March 25, 2014, one corporate auditor reached the end of his term of office and retired, and one corporate auditor was elected. As a result, the Board of Corporate Auditors has four members, including two outside...

  • Page 14
    ... Corporation On May 1, 2006, the Board of Directors instituted an official company policy governing internal control systems; the Company reevaluates its activities in this area each year, working to ensure appropriate internal controls. In regard to the Japanese Financial Instruments and Exchange...

  • Page 15
    ... concurrently as Board members) Business and Management Sections As of March 25, 2014 Integrated CSR Enhancement Committee Compliance Subcommittee Risk Management Committee Social Activities Committee Group Environmental Committee Group Safety Committee Annual Report 2013 Operational Review 13

  • Page 16
    ... Bridgestone Data 2014. http://www.bridgestone.co.jp/corporate/library/data_book/pdf/BSDATA2014.pdf For information regarding major subsidiaries, please refer to the Business Report for the 95th Fiscal Period. http://www.bridgestone.com/ir/library/business_reports/pdf/business_report_for_the_95th_fp...

  • Page 17
    ... Fukuoka Bridgestone Corporation: Tokyo and Yokohama, Japan Bridgestone Americas: Akron, Ohio, United States Bridgestone Europe: Rome, Italy Bridgestone China: Wuxi, China Bridgestone Asia Pacific: Bangkok, Thailand Common Stock Price Range (Tokyo Stock Exchange) 2007 2008 2009 2010 2011 2012 2013...

  • Page 18
    Bridgestone Corporation 1-1, Kyobashi 3-chome, Chuo-ku, Tokyo 104-8340, Japan www.bridgestone.co.jp April 2014