Subaru Enterprise Co (9632) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of FY2026 was ¥14,651 million, down 2.0% year-over-year, while operating profit rose 10.1% to ¥2,779 million and net profit attributable to shareholders increased 10.4% to ¥1,911 million.

• The company launched a new three-year mid-term plan aiming for further value creation and implemented segment-specific strategies to drive performance.

Financial highlights

• Operating profit margin improved as operating profit grew 10.1% year-over-year despite a revenue decline.

• Net profit per share for the half-year was ¥148.25, up from ¥134.42 in the prior year.

• Total assets increased to ¥42,247 million, and equity ratio remained high at 87.4%.

• Interim dividend of ¥40 per share declared, with full-year forecast unchanged at ¥80 per share.

Outlook and guidance

• Full-year revenue is forecast at ¥29,329 million, down 3.1% year-over-year, with operating profit expected to decline 6.3% and net profit to decrease 6.5%.

• No changes to previously announced full-year guidance.