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B Financial Results for 1st Half of Fiscal 2026 Bridgestone Corporation Member of the Board Representative Executive Officer Global CEO Yasuhiro Morita Vice President and Senior Officer CFO Naoki Hishinuma August 7 , 2026 BRIDGESTONE Solutions for your journey
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2/15 2026 Guidance vs. PY (%) Revenue 4,500.0 +2 Adjusted Operating Profit 515.0 +4 Margin 11.4% +0.3pp 2026 Business plan Management policy Management priorities Global portfolio Brand Attractive and competitive products and manufacturing Maintaining strong business quality and moving toward the stage of growth with quality Establish the foundation for growth and get back to the world’s No.1 position by 2031, 100th anniversary Fiscal 2026 Guidance (Yen in billions)
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3/15 Summary of financial results for 1st Half of Fiscal 2026 2026 1H Results vs. PY (%) vs. PY (%) Revenue 2,321.7 + 10 + 2 Adjusted Operating Profit 280.9 + 20 + 11 Margin 12.1% + 1.0pp + 1.0pp Profit Attributable to Owners of Parent 206.2 + 79 ― Exchange rate USD/JPY ¥158 ― ― EUR/JPY ¥185 ― ― Fiscal 2026 Guidance: No change from Feb guidance (Yen in Billions) excluding currency exchange impact (*) Revenue and Adjusted Operating Profit show figures for continuing operations and exclude revenue and expenses of the discontinued operations Achieved sales growth and increased market share across major markets and segments despite a severe demand environment, driven by ongoing efforts across businesses Revenue increased through higher sales volume, supported by improved pricing and sales mix, steadily moving toward the stage of growth with quality Profit increased and margins improved despite the impacts of the Middle East situation and U.S. tariffs, driven by restructuring and rebuilding initiatives and ongoing cost reduction efforts vs. Prior year： Increase in revenue and profit ―Shifting to a growth phase― Expected 2H cost impact from Middle East situation: More than 60.0 B JPY Despite the challenging business environment driven mainly by cost increases, aiming to achieve Feb guidance through a combination of various initiatives - Impact of cost increase from Middle East situation : 1H 2026 7.0 B JPY vs Feb Plan - Impact from U.S. tariff : 1H 2026 25.0 B JPY vs Prior Year (As planned) Record High Record High
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4/15 Summary of financial results for 1st Half: By areas Americas（N. America + L. America） Revenue 1,135.3 B JPY 111% of PY Adjusted OP 103.0B JPY 112% of PY Europe 393.8 B JPY 114% of PY 253% of PY 278.0 B JPY 113% of PY 31.0B JPY 634.4 B JPY 105% of PY Asia Pacific / India / China Japan 32.5B JPY 106% of PY 113.9B JPY 138% of PY Increase in revenue and profit N.America : Multi-brand strategy in PS and TB tire solution business continued to expand steadily L.America : Secured profitability - Adjusted OP improved by 1.2 B JPY vs. prior year Increase in revenue and profit Continued profitability improvement through cost optimization from restructuring & rebuilding in TB, expansion of PS-REP sales and market share, and retail business improvements Increase in revenue and profit India : Steady growth driven by sales growth in replacement tires (PS/TB) China : Sales growth in PS-OE, strengthening the foundation for growth Increase in revenue and profit Steady growth driven by sales growth from the launch of the new passenger product FINESSA and solid sales of Ultra-Large OR tires Revenue Adjusted OP Revenue Adjusted OP Revenue Adjusted OP PS=Passenger car tire, TB=Tuck & bus tires, OR=Off-the-road tires REP=Replacement tires / OE=Original equipment
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5/15 Progress on management priorities: Attractive and competitive products and manufacturing Passenger tires Incl. tires for light truck & bus All-Season tires bearing the snowflake mark* for the touring segment ( Launched in Jun. 2026） Ultra-high performance summer tire （Launched in Jan. 2026） Sport tire engineered to achieve the fastest performance in street radial tire history （Launched in Feb. 2026） New standard tire for safety and comfort （Launched in Feb. 2026） Truck & bus tires Diversified Products BusinessStudless tires for truck & bus （To be launched in Sep. 2026） Touring tire designed for enhanced driving comfort and stability （Launched in Mar. 2026） Brazil Hydrogen hose （Launched in Jul. 2026） # of product: 18 Sales volume: 102% * 2026 Plan 2026 1H Actual# of new product: more than 25 Sales volume: 101~105% * Flagship product in the studless tire segment （To be launched in Sep. 2026） Japan Japan *Three-Peak Mountain Snowflake (3PMSF) Golf iron (To be launched in Sep. 2026 ） *# of new product: Global total *Sales volume: Global replacement total vs. PY N. America
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6/15 Progress on management priorities: Portfolio management 115 134 112 EMEA PS/LT TB Specialties 118 120 124 138 185 112 APIC 106 By business By product (Tire and solution) By segment (region) Tire Solutions Diversified products Core business Growth business Americas Japan Adjusted Operating Profit growth INDEX 1H 2026 actual (1H 2025=100) The reinforcement of portfolio management in 24MBP progresses as planned Toward establishing a structure of growth with quality, steadily promote strengthening the foundation in 2026 1H 2026: Each portfolio has steadily transitioned onto a growth phase • Transform from standalone product sales to a solution company to differentiate from competitors and build a solid profitability foundation • Achieved increase in profit vs. prior year in diversified products business, while continuing to reinforce improvement initiatives • Steady growth in Americas business as our largest market • Europe business: Significant improvement vs. prior year, supported by the benefits of business restructuring & rebuilding • Steady growth in the Japan segment, including the OR business, a key profit contributor • Further reinforce the strong TB business foundation through restructuring & rebuilding, and expansion of solutions business such as retread • Promote growth through multi-brand strategy in PS/LT and further reinforcement of product & solution power in specialties
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7/15 Progress on management priorities: Reinforcement of brand power Promotion of motorsports activities Promotion of corporate advertising expansion initiatives to enhance brand power - Approx. 350,000 spectators / 6 million viewers - Linked with a new product and branding campaign, contributed to U.S. multi-brand strategy - Exclusive tire supplier under the Firestone brand - The closest finish in the race's history NTT INDYCAR® SERIES 110th Running of the Indianapolis 500 (May) SUPER GT: Tire Supplier for GT500 and GT300 Classes Bridgestone-equipped teams leading the team ranking in both classes through Round 4 of the 2026 season FIM Endurance World Championship (EWC） Suzuka 8 hours Endurance Road Race (July) Bridgestone-equipped teams secured their 19th consecutive victory and swept the podium Promotion of motorsports activities in Japan Corporate advertising（Japan） Firestone 125th anniversary Activities (U.S.)
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8/15 Details of Financial Performance
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9/15 Consolidated Financial Results for 1st Half of Fiscal 2026 (Yen in billions) (*) Revenue and Adjusted Operating Profit show figures for continuing operations and exclude revenue and expenses of the disc ontinued operations 2025 1H Results 2026 1H Results vs. PY (%) Q1 vs. PY (％) Q2 vs. PY (％) Revenue 2,116.4 1,113.4 +5 1,208.2 +14 2,321.7 +10 Adjusted Operating Profit 234.6 122.2 +10 158.7 +29 280.9 +20 Margin 11.1% 11.0% +0.4pp 13.1% +1.5pp 12.1% +1.0pp Profit Attributable to Owners of Parent 115.5 92.1 +21 114.1 +188 206.2 +79 USD/JPY ¥148 ¥157 ― ¥160 ― ¥158 ― EUR/JPY ¥162 ¥184 ― ¥185 ― ¥185 ―
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10/15 Analysis of Adjusted Operating Profit for 1st Half of Fiscal 2026 (vs. PY) 0 50 100 150 200 250 300 (Yen in billions) 2026 1H 2025 1H +46.3 billion yen / +26.3 billion yen excl. FX Price +8.0 Volume +6.0 Currency +20.0 Operating Expenses (19.0)Raw Materials +23.0 280.9 Others (1.7) 234.6 Conversion Costs (1.0)MIX +11.0 -U.S. Tariff cost Impact (18.0) -Incl. negative price impact from market- linked contracts (1.0) -Effect of improvement in Genba operation at production sites +10.0 Business cost reduction • Return from business rebuilding • Business cost reduction • Return from business rebuilding • Business cost reduction -U.S. Tariff cost Impact (7.0)
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11/15 Consolidated Financial Results by Segment for 1st Half of Fiscal 2026 (Yen in billions)2025 1H Results 2026 1H Results vs. PY (%) Japan Revenue 603.7 634.4 +5 • Revenue and profit increased, supported by Yen depreciation, favorable raw material trends, higher REP tire sales, and improved price/MIX. Strong sales of new FINESSA tire also contributed to performance. Adjusted OP 82.5 113.9 +38 Margin 13.7% 17.9% +4.3pp Asia, Pacific, India and China Revenue 246.8 278.0 +13 • Revenue increased YoY, supported by continued sales growth in both PS and TB following Q1. • Continued lean expense management and benefits from business rebuilding contributed to profit growth. Excluding one-off items in previous year, profitability improved YoY. Adjusted OP 29.2 31.0 +6 Margin 11.8% 11.2% (0.7)pp Americas Revenue 1,025.9 1,135.3 +11 • NA: Despite demand remaining below the prior year level, new REP tire products and the multi-brand strategy contributed to sales exceeding demand for both PS and TB in Q2, resulting in continued market share gains. (vs. PY) PS-REP demand 92, sales 97, TB-REP demand 88, sales 99 Growth in service revenue from the retail business also contributed to higher revenue and profit. • LA: Secured black-ink while continuing efforts to strengthen business fundamentals and expand sales under a challenging business environment. Adjusted OP 91.8 103.0 +12 Margin 8.9% 9.1% +0.1pp Europe, Middle East and Africa Revenue 411.3 458.5 +11 • Europe have continued expansion of premium tires, mainly HRD tires, and benefits from rebuilding drove higher revenue, profit, and margins. • Revenue and profit of Middle East declined YoY due to geopolitical impacts, while the impact on consolidated results was limited. Adjusted OP 18.5 34.1 +85 Margin 4.5% 7.4% +3.0pp
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12/15 Consolidated Financial Results by Product for 1st Half of Fiscal 2026 2025 1H Results 2026 1H Results vs. PY (%) Revenue 1,177.7 1,306.1 +11 • Continued expansion of premium tire sales, including HRD tires, and improvement in MIX. • Achieved market share gains in North America despite declining REP tire demand. • Profitability in the retail business improved. Adjusted OP 124.1 147.0 +18 Margin 10.5% 11.3% +0.7pp Revenue 485.2 522.9 +8 • Sales of both OE and REP tires increased YoY in 2Q, supported by rebuilding benefits, revenue, profit, and margins improved YoY. • In North America, we achieved market share gains despite declining REP tire demand, while higher OE tire sales also contributed to revenue and profit growth. Adjusted OP 40.9 50.7 +24 Margin 8.4% 9.7% +1.2pp Revenue 310.1 343.6 +11 • Sales of Ultra-Large OR tires for mining increased YoY. Profitability remained at a high level, supported by favorable raw material costs and FX effects. Adjusted OP 65.7 78.9 +20 Margin 21.2% 22.9% +1.8pp Revenue 143.4 149.0 +4 • Continued steady improvement efforts, further strengthening business fundamentals.Adjusted OP 3.9 4.3 +12 Margin 2.7% 2.9% +0.2pp PS/LT TB Specialties （OR/AC/AG/MC） (incl. retail & credit card business) (incl. retread business) Diversified Products Business (Yen in billions)
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13/15 vs. PY (%) Revenue: 735.6 +9 Adjusted OP: 61.4 +34 Margin: 8.3% +1.6pp vs. PY (%) Revenue: 545.2 +8 Adjusted OP: 35.8 +24 Margin: 6.6% +0.9pp vs. PY (%) Revenue: 1,536.4 +10 Adjusted OP: 216.9 +15 Margin: 14.1% +0.6pp vs. PY (%) Revenue: 2,321.7 +10 Adjusted OP: 280.9 +20 Margin: 12.1% +1.0ppvs. PY (%) Revenue: 149.0 +4 Adjusted OP: 4.3 +12 Margin: 2.9% +0.2pp Core business Solutions business Tire business as core business: Increased revenue and profit, with AOP margin recovering to around 14％. Commercial BtoB Solutions business as growth business: Increased revenue and profit. Achieved revenue growth of +13%, AOP growth of +52% and an AOP margin exceeding 13%. Retail: Increase revenue and profit, with continued improvement in profitability. Retail Commercial BtoB solutions Tire business (*) The simple total of revenue by business segment does not equal Group revenue due to elimination in consolidation, etc. (*) Portion calculated from a simple total of revenues by business segment (*) Incl. revenue of retail tires Mobility tech business Strategic business (*) Incl. N.America financial retail Consolidated Financial Results by Business portfolio for 1st Half of Fiscal 2026 Diversified products business Global in total vs. PY (%) Revenue: 190.4 +13 Adjusted OP: 25.6 +52 Margin: 13.4% +3.4pp Revenue portion Revenue portion Revenue portion Growth business (Yen in billions)
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14/15 B/S and C/F Highlights for 1st Half of Fiscal 2026 2025 Results (as of Dec 31, 2025) 2026 1H Results (as of Jun 30, 2026) vs. Dec 31, 2025 Total Assets 5,747.7 5,903.0 +155.2 Cash and cash equivalents 713.8 791.7 +77.9 (monthly sales) 1.9 months 2.0 months +0.1 months Inventories 885.5 935.2 +49.8 Finished products 564.7 605.2 +40.6 Total Liabilities 2,027.8 2,064.2 +36.4 Interest-Bearing Debt 〈Gross〉 827.0 899.8 +72.8 Total Equity 3,719.9 3,838.7 +118.8 Equity Ratio (%) 63.7% 64.1% +0.4pp CCC (Cash Conversion Cycle) 171 days 172 days +1 day Exchange Rate at the end of reporting period USD/JPY ¥157 ¥162 +¥5 EUR/JPY ¥184 ¥185 +¥1 2025 1H Results 2026 1H Results vs. PY Cash Flows from Operating Activities 279.1 341.8 +62.7 Cash Flows from Investing Activities (120.9) (120.3) +0.6 Free Cash Flow 158.2 221.5 +63.3 Capital Expenditure 137.9 129.8 (8.1) Depreciation and Amortization 176.2 183.5 +7.3 (61.6) Capital Policy (Financial Activities) (February announcement) Company has determined to acquire Treasury Stock of JPY 150 billion (max.), an investment that contributes to enhancing corporate value and as a measure toward optimal capital structure (capital efficiency). As part of the initiatives to contribute building an optimal capital structure and increase corporate value by decreasing WACC (expansion of ROIC-WACC Spread) while maintaining the industry-leading credit ratings, we plan to raise funds of 150 billion yen through straight corporate bonds, etc. Steadily promoting Debt Financing and Share Buybacks Debt Financing (raising fund) Implemented 150 billion yen Share Buybacks As of the end of Jul: approx. 87% (Progress rate based on actual amount) (Yen in billions) (*1) (6 days) (*1) (*1) excl. FX vs. prior year
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15/15 Fiscal 2026 Guidance 2025 Results 2026 Guidance (Feb 16, 2026 Ammouncement) vs. PY (%) Revenue 4,429.5 4,500.0 +2 Adjusted Operating Profit 493.7 515.0 +4 Margin 11.1% 11.4% +0.3pp Profit Attributable to Owners of Parent 327.3 340.0 +4 Dividend per share ¥115 ¥125 +¥10 (Yen in Billions) No change from February guidance While 1H results exceeded the plan, the impact of raw material and other cost increases associated with the Middle East situation is expected to materialize in 2H. Aiming to achieve the Feburary guidance through various countermeasures. Estimated impact of Middle East-related cost increases: More than 60.0 billion yen in 2H / Approx. 70.0 billion yen for the full year (*) Revenue and Adjusted Operating Profit show figures for continuing operations and exclude revenue and expenses of the discontinued operati ons.
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16/15 Copyright © Bridgestone Corporation Statements made in this presentation with respect to Bridgestone's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Bridgestone. Forward-looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," "strategy," "prospects," "forecast," "estimate," "project," "anticipate," "may" or "might" and words of similar meaning in connection with a discussion of future operations, financial performance, events or conditions. From time to time, oral or written forward-looking statements may also be included in other materials released to the public. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Bridgestone cautions you that a number of important risks and uncertainties could cause actual results to differ materially from those discussed in the forward-looking statements, and therefore you should not place undue reliance on them. You also should not rely on any obligation of Bridgestone to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Bridgestone disclaims any such obligation.
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17/15 Appendix
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18/15 PSR/LTR TBR OE REP OE REP Japan 104% 102% 106% 91% N. America 100% 92% 87% 88% Europe 99% 101% 106% 106% (*1) Source: Singapore Commodity Exchange Limited Estimated by Bridgestone Tire Demand for 1H of 2026 (unit base% vs. PY) (*2) Market Trend of Natural Rubber and Crude Oil (average) vs. PY Global (OE+REP) 106% REP 105% PSR/LTR HRD(18”+) vs. PY Ultra-Large 102% Large 86% Small & Medium 103% (*) As for TBR, figures of China is excluded. ORRTire Sales Growth for 1H of 2026 (vs. PY) (*2) Member Demand：Tire Brands (excl. imports) which participates in U.S./Canadian Tire Manufacturers Association(*3).Total demand including non-members is as follows. PSR/LTR REP：95%, TBR REP：87% (*3) USTMA (U.S. Tire Manufacturers Association) + TRAC (Tire Rubber Association of Canada) Global 101% 102% / Japan 101% 105% Asia, Pacific, India, China 102% 103% N. America 108% 97% Europe 99% 108% vs. PY Global (OE+REP) 102% PSR/LTR TBR vs. PY 98% 98% 99% 99% 93% 116% 106% 106% 99% 78% 99% OE REP OE REP (*2) 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Natural Rubber 〈TSR20〉(*1)（￠/kg） 197 168 170 173 191 218 Natural Rubber 〈RSS#3〉(*1)（￠/kg） 240 221 219 206 229 278 Crude Oil 〈WTI〉（$/bbl） 71 64 65 59 73 93 Appendix
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19/15 vs. PY (%) Revenue: 149.0 +4 Adjusted OP: 4.3 +12 Margin: 2.9% +0.2pp vs. PY (%) Revenue: 82.2 +6 Adjusted OP: 4.3 +27 Margin: 5.2% +0.8pp Sports & Cycle Biz vs. PY (%) Revenue: 31.0 (1) Adjusted OP: (0.6) - Margin: (1.8)% +0.6pp vs. PY (%) Revenue: 33.0 +3 Adjusted OP: 0.7 (49) Margin: 2.1% (2.2)pp Chemical & Industrial Products Biz Consolidated Financial Results by Business for 1st Half of Fiscal 2026 (Diversified Products Business) Diversified Products Biz in Americas (Air Springs) Diversified Products Business (Yen in billions) Appendix
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20/15 Copyright © Bridgestone Corporation Statements made in this presentation with respect to Bridgestone's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Bridgestone. Forward-looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," "strategy," "prospects," "forecast," "estimate," "project," "anticipate," "may" or "might" and words of similar meaning in connection with a discussion of future operations, financial performance, events or conditions. From time to time, oral or written forward-looking statements may also be included in other materials released to the public. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Bridgestone cautions you that a number of important risks and uncertainties could cause actual results to differ materially from those discussed in the forward-looking statements, and therefore you should not place undue reliance on them. You also should not rely on any obligation of Bridgestone to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Bridgestone disclaims any such obligation.