Subaru Enterprise Co (9632) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended October 31, 2024, was ¥218.3 billion, up 0.9% year-over-year, while operating profit fell 10.3% to ¥3.54 billion and net profit attributable to shareholders declined 9.7% to ¥2.39 billion.

• The company is in the final year of its mid-term plan and focused on improving performance across all segments amid a challenging economic environment.

Financial highlights

• Operating profit margin decreased as operating profit dropped to ¥3.54 billion from ¥3.94 billion year-over-year.

• Net profit per share was ¥185.67, down from ¥205.68 year-over-year (adjusted for a 5-for-1 stock split in February 2024).

• Comprehensive income for the period was ¥2.40 billion, down 9.6% year-over-year.

Outlook and guidance

• Full-year revenue is forecast at ¥291.6 billion, down 0.3% year-over-year, with operating profit expected to decline 9.9% and net profit to fall 10.7%.

• No changes have been made to the previously announced earnings forecast.