J P M O R G A N Asia Pacific Equity Research 19 August 2026 Bridgestone (5108) Top-line growth potential increasing, expectations for next medium-term plan may build We rate Bridgestone Overweight, with a price target of ¥4,600 through December 2027 (previously ¥3,900 through December 2026). The company has undertaken a series of structural reforms, and sales growth and market share gains have gradually started to materialize, not just for the Bridgestone brand but also for the Firestone brand. In the tough ...