Subaru Enterprise Co (9632) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥7,828 million, down 2.9% year-over-year, while operating profit rose 16.0% to ¥1,799 million and net profit attributable to shareholders increased 13.9% to ¥1,226 million.

• The company launched a new three-year mid-term plan aiming for further value creation.

Financial highlights

• Operating profit margin improved as operating profit grew 16.0% year-over-year despite a revenue decline.

• Ordinary profit increased 14.9% year-over-year to ¥1,816 million.

• EPS for Q1 was ¥95.13, up from ¥83.58 in the prior year.

• Comprehensive income for Q1 was ¥1,230 million, up 14.2% year-over-year.

Outlook and guidance

• Full-year FY2026 guidance remains unchanged: revenue ¥29,329 million (down 3.1% YoY), operating profit ¥4,505 million (down 6.3%), net profit ¥3,029 million (down 6.5%), and annual dividend forecast at ¥80 per share.