Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Sales volume decreased due to domestic model changeovers and longer body-building lead times, the situation in the Middle East, a shortage of vessel transport, difficult market conditions in Thailand, and higher fuel prices and interest rates, while revenue from industrial engines and other businesses increased. The positive effects of pricing actions, cost-reduction initiatives and the weaker yen more than offset the profit-reducing impact of lower sales volume and higher materials and other costs.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥1,730,029 million (YoY +5.7%) |
| Operating profit | ¥128,120 million (YoY +22.4%) |
| Ordinary income | ¥136,998 million (YoY +16.7%) |
| Profit attributable to owners of the parent | ¥74,677 million (YoY +7.0%) |
| Net income per share | ¥108.66 |
| Equity ratio | End of the current fiscal period 40.7 / End of previous period 40.4 |
| Total assets | ¥3,727,239 million |
| Net assets | ¥1,676,719 million |
| Cash flows from operating activities | ¥-26,084 million |
| Cash flows from investing activities | ¥-123,430 million |
| Cash flows from financing activities | ¥113,899 million |
| Cash and cash equivalents at end of period | ¥346,670 million |
| Full-year earnings forecast | Net Sales ¥3,700,000 million (YoY +6.4%) / Operating profit ¥260,000 million (YoY +27.6%) / Ordinary income ¥270,000 million (YoY +17.1%) / Net income ¥160,000 million (YoY +18.6%) |
| Revision to Earnings Forecast | Net Sales Unchanged (previous figure not stated in the main text) → ¥3,700,000 million / Operating profit Unchanged (previous figure not stated in the main text) → ¥260,000 million / Ordinary income Previous forecast figure not stated in the main text → ¥270,000 million / Net income Unchanged (previous figure not stated in the main text) → ¥160,000 million |
| Annual Dividend Forecast | ¥92 per share → ¥94 per share（+2.2%） |
| Segment revenue | Automotive ¥1,624,803 million / Financial Business ¥105,225 million |
| Segment profit | Automotive ¥121,828 million / Financial Business ¥5,708 million |
| Regional sales | Japan ¥676,237 million (YoY +2.3%) / Overseas ¥1,053,791 million (YoY +8.0%) / North America ¥118,355 million / Asia ¥305,217 million / Other ¥630,218 million |
| Depreciation and amortization | ¥78,421 million |
| Impairment loss | ¥95 million (target assets not stated) |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies (no company names provided) / Excluded 1 company (Isuzu (China) Engine Co., Ltd.) |
| Material subsequent events | At a meeting of the Board of Directors held on 6 November 2026, the company resolved to acquire and cancel treasury shares. The maximum number of shares to be acquired and other details are provided in a separate document released on the same day. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (no attendees specified) |
| Issued Shares at Period-End | 688,751,769 |
| Treasury Shares at Period-End | 1,495,842 |
| Factors Behind Changes in Business Performance | Sales volume decreased due to domestic model changeovers and longer body-building lead times, the situation in the Middle East, a shortage of vessel transport, difficult market conditions in Thailand, and higher fuel prices and interest rates, while revenue from industrial engines and other businesses increased. The positive effects of pricing actions, cost-reduction initiatives and the weaker yen more than offset the profit-reducing impact of lower sales volume and higher materials and other costs. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The decline in sales volume due to the situation in the Middle East and the profit-reducing impact of higher materials and other costs were more than offset by pricing actions, steady progress in cost-reduction initiatives and higher profit resulting from the weaker yen. The full-year forecast for profit before tax was revised upward due to an improvement in finance income and costs, while the unchanged forecast for profit attributable to owners of the parent reflects an increase in income tax expense.