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Bridgestone

Company

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Financial results
2010 year
Revenue: 32.613 billions $

Assets

+ Bridgestone

Bridgestone Corporation is a Japanese tire company. It was founded in Kurume, Fukuoka Prefecture.

Aktivs

The company owns 190 factories and research centers around the world. Bridgestone is Japan's largest and the world's second-largest tire manufacturer. The company also owns the largest stake in the Finnish tire manufacturer Nokian.

Bridgestone's subsidiary Bridgestone Cycle Co., Ltd. is a manufacturer of Bridgestone and Anchor branded bicycles.

History

2022: Search for a buyer for assets in Russia begins

In October 2022, tire manufacturer Bridgestone announced the start of a search for a local buyer for its Russian assets. After the start of Russia's special operation in Ukraine, the company suspended all production activities in Russia in March, and also froze new investments.

2019: Buying TomTom's telematics business for $1bn

On January 2, 2019, TomTom announced the sale of its telematics division to Japanese automotive tire manufacturer Bridgestone. The transaction value is $1 billion. Read more here.

2010: Revenue growth 17% to $32.613 billion

The company's net profit in 2010 increased by 14.6% to $1.127 billion. Bridgestone's revenue in the same year grew by 17.5% - to $32.613 billion.

1988: Firestone Tire and Rubber Company Purchase

In 1988, the company absorbed the American tire manufacturer Firestone Tire and Rubber Company.

1931: Founding of the Company

It was founded in 1931 by Shojiro Ishibashi. The name of the company is Bridgestone (literally "Stone Bridge") - a direct translation of the surname Ishibashi.

Sport

Bridgestone Potenza Formula One tire of the 2007 season. Bridgestone is one of the leading suppliers of specialized rubber for auto and motorcycle racing.

Bridgestone tires are used in the following championships:

  • MotoGP

In the 1976-77 Formula One seasons, the company supplied tires to Japanese teams. From 1997 to 2010, she was the official supplier of the Formula 1 and GP2 World Championships.

  • Bridgestone is the title sponsor of South America's two largest club football tournaments. Since 2011, the company has replaced Nissan as the title sponsor of the Copa Sudamericana, the continent's second most important tournament. At the end of 2012, after the end of the contract with Grupo Santander, CONMEBOL entered into an agreement with Bridgestone regarding title sponsorship and for the main tournament, the Copa Libertadores, from 2013 to 2017.