Bridgestone Corp (WBO:BRDG)

€ 33.33 0 (0%) Market Cap: 22.94 Bil Enterprise Value: 23.52 Bil PE Ratio: 11.70 PB Ratio: 0.98 GF Score: 87/100

Q3 2019 Bridgestone Corp Earnings Call Transcript

Nov 08, 2019 / NTS GMT

Transcript

Naoki Hishinuma

Bridgestone Corporation - CFO, Director of Finance Division & Treasurer

[Interpreted]

Hello, my name is Hishinuma, CFO. Thank you very much for participating in this conference call, during which I am going to cover the business's financial performance for the third quarter of fiscal 2019 as well as consolidated projections for fiscal 2019.

I'm going to be referring to the prepared presentations, which you can access through our web page. And so if you're able to take a look, and then please do so.

So what I am going to cover are the third quarter business and financial performance as well as the full year projections. Starting with the third quarter business and financial performance overview. Page 4.

Business environment. Currency exchange, raw material prices as well as tire demand. And for currency exchanges in both USD and euro, the Japanese yen strengthened compared to the previous year.

Raw material prices. Natural rubber prices were higher than the previous year, while the crude oil prices were lower. Tire demand in Japan. Ramp up

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