Bridgestone Corporation Unsponsored ADR (BRDCY)
Bridgestone Corporation (BRDCY) Q4 2024 Earnings Call Transcript
Bridgestone Corporation (OTCPK:BRDCY) Q4 2024 Earnings Conference Call February 17, 2025 ET Company Participants Shuichi Ishibashi - Global CEO Naoki Hishinuma - Global CFO Yasuhiro Morita - Global CAO & Global CSO Conference Call Participants Shinji Kakiuchi - Morgan Stanley MUFG Securities Tairiku Sakaguchi - Mizuho Securities Kazunori Maki - SMBC Nikko Securities Arifumi Yoshida - Citigroup Global Markets Shiro Sakamaki - Bank of America Operator Ladies and gentlemen, thank you very much for gathering on the occasion of the presentation of the financial results for 2024. Let me introduce to you the members from the company.
BRDCY or LI: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Automotive - Foreign sector might want to consider either Bridgestone Corp. (BRDCY) or Li Auto Inc. Sponsored ADR (LI). But which of these two stocks presents investors with the better value opportunity right now?
Bridgestone: Trump Might Ease Thai Import Pressure
Bridgestone benefits from potential Trump tariffs, reducing competition from low-cost Thai imports present, especially in US and LatAm markets. Specialty tyre segment shows solid growth due to increased air traffic post-COVID, boosting demand for higher-margin products. Bridgestone's significant US manufacturing footprint minimizes tariff impact, consistent with their results being heavily dependent on US dealer demand.
Tire Producers: Healthy Dividends With Defensive History
The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upsets; a tire's limited service life is independent of economic cycles. Five tire manufacturers offering yields of up to 4.1% were evaluated using a relative quality matrix with factors including valuation, growth, profitability, net debt, yield, and payout ratio.
Bridgestone: Pressure From Low-Cost Thai Imports In Key Markets
Bridgestone was dealing with pressure from hoarding by distributors of competing Thai products instead of their own, particularly in the truck and bus market. This skewed the mix away from higher value products like those of the Firestone brand. The higher exposure to the Americas has made Bridgestone worse hit by these effects.
Bridgestone Corporation (BRDCY) Q2 2024 Earnings Call Transcript
Bridgestone Corporation (OTCPK:BRDCY) Q2 2024 Earnings Conference Call August 9, 2024 1:00 AM ET Company Participants Masahiro Higashi - Global Chief Administration Officer Shuichi Ishibashi - Global CEO and Representative Executive Officer Naoki Hishinuma - Global CFO and Executive Director, Group Finance Conference Call Participants Kazunori Maki - SMBC Nikko Securities Inc. Rimi Yoshida - Citigroup Global Markets Shiro Sakamaki - Daiwa Securities Shinji Kakiuchi - Morgan Stanley Unidentified Company Representative Thank you very much for coming to the Summary of Financial Results for the First Half of 2024 and Fiscal 2024 Guidance Presentation. I would like to introduce to you the participants today.
