kabutan

SUZUKI MOTOR, The Current Fiscal Year Net Income Revised Upward by 6%

Thu Feb 6, 2025 3:00 pm JST Earnings

7269 SUZUKI MOTOR CORPORATION 【J-GAAP】

Earnings Report

SUZUKI MOTOR CORPORATION <7269> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 6th (15:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 311 billion yen, an increase 31.5% compared to the same period last year.

In addition, the full-year consolidated net income has been revised upward 5.7%, from the previous forecast of 350 billion yen to 370 billion yen.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (2H) is expected to increase 15.1%, from the previous forecast of 132 billion yen to 152 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 9.6% from the same period last year, reaching 94.2 billion yen. However, the operating profit margin decreased from 10.4% in the same period last year to 10.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 3,412,829 266,978 298,561 183,399 94.4 78.0 Feb 7, 2023 J-GAAP
Apr - Dec, 2023 3,834,081 371,176 435,123 237,120 122.5 73.5 Feb 7, 2024 IFRS
Apr - Dec, 2024 4,283,717 479,720 548,013 311,703 161.6 83.0 Feb 6, 2025 IFRS
YoY +11.7% +29.2% +25.9% +31.5% +31.9%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 2,745,000 215,051 243,541 132,549 68.7 20 Nov 8, 2024 IFRS
Oct - Mar, 2024 New 2,845,000 255,051 283,541 152,549 79.1 20 Feb 6, 2025 IFRS
Revision Rate +3.6% +18.6% +16.4% +15.1% +15.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 5,600,000 550,000 620,000 350,000 181.4 40 Nov 8, 2024 IFRS
Mar, 2025 New 5,700,000 590,000 660,000 370,000 191.8 40 Feb 6, 2025 IFRS
Revision Rate +1.8% +7.3% +6.5% +5.7% +5.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 2,801,445 255,701 303,599 165,911 85.8 16.75 May 13, 2024 IFRS
Oct - Mar, 2024 Guidance 2,845,000 255,051 283,541 152,549 79.1 20 Feb 6, 2025 IFRS
YoY +1.6% -0.3% -6.6% -8.1% -7.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 4,641,644 350,551 382,807 221,107 113.8 25 May 15, 2023 J-GAAP
Mar, 2024 5,357,523 493,834 591,713 317,017 163.9 30.50 May 13, 2024 IFRS
Mar, 2025 Guidance 5,700,000 590,000 660,000 370,000 191.8 40 Feb 6, 2025 IFRS
YoY +6.4% +19.5% +11.5% +16.7% +17.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,278,003 133,043 147,009 86,014 44.4 10.4 Feb 7, 2024 IFRS
Jan - Mar, 2024 1,523,442 122,658 156,590 79,897 41.3 8.1 May 13, 2024 IFRS
Apr - Jun, 2024 1,457,649 157,557 189,529 114,233 59.2 10.8 Aug 6, 2024 IFRS
Jul - Sep, 2024 1,397,351 177,392 186,930 103,218 53.5 12.7 Nov 8, 2024 IFRS
Oct - Dec, 2024 1,428,717 144,771 171,554 94,252 48.9 10.1 Feb 6, 2025 IFRS
YoY +11.8% +8.8% +16.7% +9.6% +10.0%

Related Articles