Bridgestone Corp Q1 2020 Earnings Call Transcript - Thomson StreetEvents

Bridgestone Corp Q1 2020 Earnings Call Transcript

Bridgestone Corp Q1 2020 Earnings Call Transcript - Thomson StreetEvents
Bridgestone Corp Q1 2020 Earnings Call Transcript
Published May 11, 2020
10 pages (5886 words) — Published May 11, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of 5108.T earnings conference call or presentation 11-May-20 10:59am GMT

  
Brief Excerpt:

...Hello. This is Hishinuma, CFO at Bridgestone Corporation. Thank you very much for participating in this conference call in which I'm going to give you the report on the financial results for the first quarter FY 2020. First, my presentation will refer to the presentation materials available on the company's web page, to be followed by questions and answers, as always. So please have the presentation materials ready. Page 2. Here's the agenda of my presentation today, starting with the impacts of COVID-19 and Bridgestone's policies in response. Moving on to business financial performance for the first quarter as well as consolidated projections for FY 2020. Page 3. Impacts of COVID-19 and Bridgestone's policies in response. Page 4. So first, I would like to begin by describing the impact of COVID-19 in Bridgestone's business. In all areas, drops in demand for OE and REP tires stemming from global reductions in automobile productions and lower operating ratios of passenger and commercial...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Bridgestone Corp
Ticker
5108.T
Time
10:59am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Kazunori Maki - SMBC Nikko Securities Inc., Research Division - Analyst : This is Maki speaking. I hope you can hear me. I have 2 questions. First, regarding the demand, especially the demand for replacements in April onward. The non-Japanese tire manufacturers are forecasting a decline close to 50% for the second quarter. You also said you expect larger decline for the second quarter. So can you talk about the demand for replacement in April? And how much recovery you are seeing in May, in other words, the overall outlook for the second quarter? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. MAY 11, 2020 / NTS, 5108.T - Q1 2020 Bridgestone Corp Earnings Call My second question is in relation to the inventory level. Following the COVID-19 outbreak, demand disappeared and the production was suspended. And then while halting the supply for OE, the replacement demand continued. So I'm wondering what the current level of inventory is. Has the inventory level being reduced? Or is the inventory levels still remain at the high level, including the dealer inventories?

Table Of Contents

Full Year 2020 Bridgestone Corp Earnings Presentation Transcript – 2021-02-16 – US$ 54.00 – Edited Transcript of 5108.T earnings conference call or presentation 16-Feb-21 10:59am GMT

Bridgestone Corp Q3 2020 Earnings Presentation Transcript – 2020-11-12 – US$ 54.00 – Preliminary Transcript of 5108.T earnings conference call or presentation 12-Nov-20 10:59am GMT

Bridgestone Corp Mid-Long Term Business Strategy Presentation Transcript – 2020-09-15 – US$ 54.00 – Edited Transcript of 5108.T conference call or presentation 15-Sep-20 10:59am GMT

Bridgestone Corp Q2 2020 Earnings Presentation Transcript – 2020-08-07 – US$ 54.00 – Edited Transcript of 5108.T earnings conference call or presentation 7-Aug-20 10:59am GMT

Bridgestone Corp Mid-Long Term Business Strategy Framework Presentation Transcript – 2020-07-08 – US$ 54.00 – Edited Transcript of 5108.T conference call or presentation 8-Jul-20 10:59am GMT

Full Year 2019 Bridgestone Corp Earnings Call Transcript – 2020-02-17 – US$ 54.00 – Edited Transcript of 5108.T earnings conference call or presentation 17-Feb-20 10:59am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Bridgestone Corp Q1 2020 Earnings Call Transcript" May 11, 2020. Alacra Store. May 17, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2020-Bridgestone-Corp-Earnings-Call-T13178899>
  
APA:
Thomson StreetEvents. (2020). Bridgestone Corp Q1 2020 Earnings Call Transcript May 11, 2020. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2020-Bridgestone-Corp-Earnings-Call-T13178899>
  
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