SUZUKI MOTOR, Net Income Forecast for the Fiscal Year Revised Upward by 22%, Dividend Revised Upward by 1 Yen

SUZUKI MOTOR CORPORATION <7269> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 5th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 306 billion yen, a 1.7% decrease compared to the same period last year.

However, the full-year forecast for consolidated net income has been revised upward 21.9%, from the previous forecast of 320 billion yen to 390 billion yen (compared to 416 billion yen in the previous period), and the declining rate is expected to decrease from 23.1% to 6.3%.

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 (second half) has been revised upward 55.0%, from the previous forecast of 127 billion yen to 197 billion yen (compared to 198 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 35.9% to 0.7%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 45 yen to 46 yen (compared to 41 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 20.5% from the same period last year, reaching 113 billion yen. However, the operating profit margin decreased from 10.1% in the same period last year to 9.2%.

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