A growth challenge targeting the Indian market and a Group scale of 7 million units by 2030
First written in FY2018. 1 of 6 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RaisedAnnual report
「The Company's fiscal 2030 management targets are revenue of ¥8 trillion, operating profit of ¥800 billion, an operating margin of 10% and ROE of 13%. While the BEV mix is increasing and labor and raw material costs are rising, the Company will continue making the necessary investments with a view to improving its earnings structure and achieving ROE of 15% in the first half of the 2030s.」
The management targets were made more specific and raised from the previous fiscal 2030 revenue target of approximately ¥7 trillion to revenue of ¥8 trillion, operating profit of ¥800 billion, an operating margin of 10% and ROE of 13%. The Company is also targeting ROE of 15% in the first half of the 2030s. - FY2024AdvancedAnnual report
「Consolidated revenue for the fiscal year reached a record high of ¥5.4 trillion. In the next fiscal year, the Company aims for revenue of at least ¥5.6 trillion. It intends to grow alongside emerging economies by contributing to their growth, and continues to pursue a target of approximately ¥7 trillion in fiscal 2030.」
The Company has moved from the previous theoretical 7 million-unit concept to specific revenue-based growth targets of ¥5.4 trillion currently, at least ¥5.6 trillion in the next fiscal year and approximately ¥7 trillion in fiscal 2030. - FY2023ReframedAnnual report
「Toward fiscal 2030, the Company will contribute to the realization of a carbon-neutral society and the economic growth of emerging countries such as India, ASEAN countries and Africa, with Japan, India and Europe as its core business regions. The Company continues to pursue a target of approximately ¥7 trillion in fiscal 2030.」
The focus shifted from the previous theoretical figures of 10 million units in India and 7 million units for the Group to a growth strategy centered on Japan, India and Europe, with a fiscal 2030 revenue target of approximately ¥7 trillion. - FY2020SoftenedAnnual report
「We aim to maintain our current 50% market share in 2030 as well, and will continue to pursue growth opportunities.」
The theoretical figures previously presented, of 10 million units for the Indian market and 7 million units for the Group, were not reiterated, with the focus shifting to maintaining a 50% share of India's passenger-car market in 2030. - FY2019RestatedAnnual report
「By around 2030, the Indian market could grow to approximately 10 million units. If the current 50% market share is maintained, the Group would account for 5 million units. Assuming 2 million units in other markets, the Group total would be 7 million units. This is a theoretical figure rather than a plan, but the Group will continue to pursue growth opportunities.」
The Company continues to present a long-term outlook of an Indian market of 10 million units around 2030, 5 million units in India and 7 million units for the Group as a whole, describing these figures as theoretical rather than a plan. - FY2018First statedAnnual report
「By around 2030, the Indian market could grow to approximately 10 million units. If the current 50% market share is maintained, Suzuki would account for 5 million units. Assuming 2 million units in other markets, the total for Suzuki would be 7 million units. This is a theoretical figure rather than a plan, but Suzuki will continue to pursue growth opportunities.」
The Company presents a long-term outlook of an Indian market of 10 million units around 2030, 5 million units based on maintaining a 50% market share, and 7 million units for the Group including other markets. However, the Company itself explains that this is a theoretical figure rather than a plan.