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Bridgestone Corporation – A Multinational Manufacturer of Truck and Auto Parts
Bridgestone Corporation is a well-known prime leader in the manufacturing of auto as well as truck parts. Establishing its noteworthy name internationally, the company became the largest tire manufacturer in the year 2015 leaving behind its competitor Michelin. Having over 141 facilities of production across 24 countries as on 2005, the company finds its significant presence across Australia, North America and Europe.
Not only production, the company also seeks a significant position as a sponsor for various sports such as formula racing, yachting and motorcycling thereby attracting more and more investors worldwide.
Its current market value
Being a public sector company listed under TYO: 5108, FSE: 5108 and OTC Pink: BRDCY, the company today seeks a reputed position worldwide. In fact, according to the recent study conducted by J.D. Power 2016 in India namely TCSI (Tire Customer Satisfaction Index), the company occupies a praiseworthy position of 881 sharing it with its strong competitor MRF.
Furthermore, the company showed a tremendous growth in its sales cum revenue in the fiscal year 2015, amounting to $3.79T as per the financial analysis of Marketwatch. It also states its gross income for the year 2015 to be $1.46T. However, according to the analytics report of Hoovers, the company shows an operating income of $4292.123904 whereas its net assets accounts to $31497.93. Additionally, the net amount of liabilities that the company owns today amounts to $13146.588.
The entire credit of such extensive growth of the company goes to its huge team of over 106,846 employees who work with full dedication to deliver nothing but the best for its customers.
How it originated?
The inception of such internationally acclaimed truck and auto parts manufacturer dates back in the year 1930 when the production of first Bridgestone tire took place by renowned Japanese tire division named Tabi. This division started operating as an independent company with the name of Bridgestone tire Co. Ltd. in the year 1931 by its founder Shojiro Ishibashi at Kurume. Named after its founder’s name, the company solely focused on manufacturing premium quality tires based on the Japanese technology.
Although the early days of the company were troublesome in terms of production, sales and technology, but with the passage of time everything gained momentum whether it is manufacturing process or the quality of product. The business soon started to expand its connect on both domestic as well as international markets.
In the year 1961, the company created its first public presence by listing itself on stock exchange namely TYO: 5108. Not only had this, with the growing global expansion, the company also registered its name on FSE: 5108 and OTC Pink: BRDCY.
Its working process
Being one of the largest tire manufacturers across the world, the Bridgestone Group operates its corporate offices worldwide in countries like Australia, France, Canada, United States, Colombia and more. Furthermore, it is continuously seeking for ideal properties on lease to create its market presence across countries like China, Myanmar, Puerto Rico, Kenya and more in the near future.
Having attracted numerous investors worldwide, it is still seeking for some interested investors who can rent their property on lease along with a minimum investment amount of $1M to $3M. The company tends to sign a legal corporate lease agreement with the investor that promises an initial lease term of 15 to 20 years. However, depending on your profit earnings, you can further extend this lease term from 20 to 40 years.
Its agreement also states to increase the rent of the property after every 5 years by 10% to keep the investors rewarded with greater profits. At present, its capital rate varies from 5.5% to 6.50% making it a noteworthy investment for the investors.
Bridgestone Properties For Sale Across the United States :
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands, Washington, West Virginia, Wisconsin, Wyoming