10/08/2012
Table of Contents
Executive Summary……………………………………………………………………………………………………... 3
History……………………………………………………………………………………………………………………….. 4
STEEP Analysis……………………………………………………………………………………………………… 6-12
Competitive Analysis………………………………………………………………………………………………….. 12
Market Analysis………………………………………………………………………………………………………...... 13
Financial Analysis………………………………………………………………………………………………… 13-14
SWOT Analysis……………………………………………………………………………………………………… 15-19
References…………………………………………………………………………………………………………… 20-23
Appendix……………………………………………………………………………………………………………… 24-32
Executive Summary
This analysis focuses on the Bridgestone tire company, specifically it explains how and when the company started, how many employees do they have around the world, which are their main competitors, financial analysis from 2007 to 2012, and it concludes by showing the company’s strength, weaknesses, opportunities and threats.
This report begins with a general history of how the company started from being a clothing business and transforming into one of the most important companies in the world.
Next, is the external environment analysis applying the STEEP model, explaining factors such as down turns in the economy, lack of investment in innovation, environmental issues, and political regulations. The STEEP analysis is followed by a competitive analysis that positions and compares Bridgestone Corporation against its competitors.
Then specific statistics have been incorporated into the market and financial analysis including: market share, return on equity, revenues, operating income, and net sales.
The report concludes with a SWOT analysis explaining how the company could be impacted by a global slowdown and growing competition in the industry. The SWOT analysis also provides key information about what are the weakest areas of the company, what are possible threats, and what are their opportunities and
References: A look at the global tire industry. (2010). Retrieved from http://seekingalpha.com/article/220104-a-look-at-the-global-tire-industry. Associated Press (2006, February 7). Hugo Chavez Threatens U.S. on Oil | Fox News. Fox News - Breaking News Updates | Latest News Headlines | Photos & News Videos Bridgestone Commercial Solutions Offers New Tire Solutions. (2012). Rock Products, 115(4), 9 Carpenter House, J. (2010, September). World Market Intelligence - Bridgestone Corporation: SWOT Analysis & Company Profile Bridgestone Corp (5108:Tokyo): Financial Statements - Businessweek. (n.d.).Investing & Stock Research by Company and Industry - Businessweek Bridgestone Corp, 5108:TYO company performance - FT.com. (n.d.). Markets Data – Stock market, equities, currencies and commodities performance - FT.com Calrecycle. (2012) Recycled tires: Products and uses. Retrieved from http://www.calrecycle.ca.gov/tires/products/. Croughan, C. (2012). Goodyear turning to soy to make longer lasting tires. Retrieved from http://green.autoblog.com/2012/08/12/goodyear-turning-to-soy-to-make-longer-lasting-tires/ Fujii, T. (2012). Outline of the Bridgestone Group. Bridgestone Corporation. Retrieved from http://www.bridgestone.com/responsibilities/csr/report/download/pdf/2012/2012csr_p61_63.pdf Gibson, D. (2001). Two sides to every story: in defense of Bridgestone/Firestone. Public Relations Quarterly, 46(1), 18-22 Global Tires & Rubber. (2012). Marketing Industry Profile. Retrieved from Galileo Ibrahim, M. (n.d.). Brand Strategy Analysis. Scribd. Retrieved October 4, 2012, from http://www.scribd.com/doc/80227544/25371310-Bridge-Stone-and-MRF-Tyre-Industry Kyler, J. (2003, Jan). Steep analysis tool. Retrieved from http://www.mbaboost.com/content/177/ Magliozzi, T., & Magliozzi, R. (2007). Beware under inflating tires. Retrieved from http://www.highbeam.com/doc/1P2-8885414.html Pink, H. (2012). Bridgestone: 20% of vehicle tyres are under-inflated. Commercial Motor, 217(5482), 14 Review of operations - annual report. (2005). Bridgestone Corporation. Retrieved from http://www.bridgestone.com/corporate/library/annual_report/pdf/06_01_tires_j.pdf Rodgers, T. (2012, August 29). Bridgestone Americas Media - Newsroom. Bridgestone Americas Media - Welcome Sharma, G. (2009, October 30). Overview of Indian Tyre Industry. Retrieved from http://ezinearticles.com/?Overview-of-Indian-Tyre-Industry&id=3180184 Smith, M. (2011, December 6). Bridgestone rolls with air-free tire concept (video) – .Engadget Takahashi, Y. (2012, August 7). Bridgestone 2Q Net Profit Rises - WSJ.com. Business News & Financial News - The Wall Street Journal - Wsj.com World Tire Report (2012). Introduction. Retrieved from http://worldtirereport.com/ World Tyre Market Share. (2011, August 29). Bridgestone EUROPE. Retrieved from http://www.bridgestone.eu/filelibrary/English/Global/Corporate/About_Bridgestone/Tyre_and_Rubber_market/Global%20tyre%20market%20share%202010.JPG Zale, P., Albrecht, J., Arlia, R., Reese, J., & Sharma, S. (2007, December 8). Peter Zale Consulting