Subaru Enterprise Co (9632) Q4 2026 earnings summary

Executive summary

• Revenue decreased by 2.2% year-over-year to ¥29,611 million, while operating profit rose 1.1% and ordinary profit increased 1.8%.

• Net income attributable to shareholders dropped 25.2% year-over-year to ¥2,423 million, mainly due to a special loss related to antitrust law.

• A new three-year mid-term management plan was launched to drive further value creation.

Financial highlights

• Operating profit: ¥4,863 million (+1.1% year-over-year).

• Ordinary profit: ¥4,959 million (+1.8% year-over-year).

• Net income: ¥2,423 million (−25.2% year-over-year).

• Comprehensive income: ¥2,427 million (−25.1% year-over-year).

• EPS: ¥187.89 (down from ¥251.23 year-over-year).

Outlook and guidance

• FY2027 revenue forecast: ¥30,030 million (+1.4% year-over-year).

• Operating profit forecast: ¥4,551 million (−6.4% year-over-year).

• Net income forecast: ¥3,107 million (+28.2% year-over-year).