Suzuki Motor (7269) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of ¥5,825.2 billion and operating profit of ¥642.9 billion for FY2024, driven by higher unit sales, price revisions, and favorable FX rates.

• Profit attributable to owners of parent reached ¥416.1 billion, up 31.2% year-over-year, with ROE at 14.6%.

• Global automobile sales rose 2.3% to 3,240 thousand units; motorcycle sales increased 7.9% to 2,064 thousand units.

• The company adopted IFRS for the first time in FY2024, with prior year figures restated accordingly.

• Annual dividend increased to ¥41 per share (+34.4% YoY), with a forecast of ¥45 for FY2025.

Financial highlights

• Revenue grew by 8.7% and operating profit by 30.2% compared to the previous year.

• Operating profit margin improved to 11.0% from 9.2% year-over-year.

• Earnings per share (basic) was ¥215.65, up from ¥163.88 year-over-year (adjusted for stock split).

• Total assets at year-end were ¥5,993.7 billion, up ¥236.0 billion from the previous year.

• Cash and cash equivalents at year-end were ¥842.7 billion, a slight increase from the prior year.

Outlook and guidance

• FY2025 revenue forecast at ¥6,100.0 billion (+4.7%), but operating profit expected to decline to ¥500.0 billion (-22.2%) due to yen appreciation and external factors.

• Global automobile sales projected to rise 2.6% to 3,324 thousand units; motorcycle sales to increase 0.7% to 2,078 thousand units.

• Dividend per share forecast at ¥45, maintaining a DOE of 3.0%.

• Management plans active growth investments in human capital, R&D, and production capacity, especially for India.