Subaru Enterprise Co (9632) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of FY2025 rose 1.8% year-over-year to ¥14,948 million, while operating profit declined 4.5% to ¥2,523 million and net profit attributable to shareholders fell 3.7% to ¥1,732 million.

• The company is in the final year of its three-year mid-term plan, focusing on performance improvement across all business segments.

Financial highlights

• Gross profit for the period was ¥3,555 million, down from ¥3,618 million year-over-year.

• Operating margin decreased as operating profit fell despite higher sales.

• EPS for the half-year was ¥134.42, compared to ¥139.65 in the previous year.

• Total assets increased to ¥39,420 million, and net assets rose to ¥34,629 million.

Outlook and guidance

• Full-year revenue is forecast at ¥29,157 million, a slight decrease of 0.3% year-over-year.

• Operating profit is projected to decline 9.9% to ¥4,413 million, and net profit attributable to shareholders is expected to fall 10.7% to ¥2,934 million.

• No changes have been made to the previously announced full-year forecast.