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ISUZU MOTORS extends gains on forecast of 28% operating profit increase and 2 yen dividend hike for fiscal year ending March 2027
ISUZU MOTORS LIMITED <7202> extended its gains. The company announced its consolidated earnings forecast for the fiscal year ending March 2027 around 2 p.m., projecting sales of 3.7 trillion yen (up 6.4% year-on-year), operating profit of 260 billion yen (up 27.6%), and net profit of 160 billion yen (up 18.6%). The announcement was well received, with the company forecasting an annual dividend of 94 yen, an increase of 2 yen from the previous fiscal year.
For commercial vehicles including trucks and buses, ISUZU MOTORS aims to sell 100,000 units domestically (up 8% year-on-year) and 250,000 units overseas, primarily in North America (up 8%). Meanwhile, sales of pickup trucks and derivative vehicles are expected to remain at the previous year's level for both Thai and export markets. Although the Middle East situation is expected to reduce operating profit by 40 billion yen, the company anticipates significant profit growth driven by increased sales volume, pricing initiatives, and the yen's depreciation.
For the fiscal year ended March 2026, the company reported sales of 3.479 trillion yen (up 7.5% year-on-year), operating profit of 203.73 billion yen (down 11.2%), and net profit of 134.876 billion yen (down 3.7%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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