Komori
Suzuki Motor (7269) · TargetAdvanced

Marine Business Sales Target of ¥100 Billion

First written in FY2021. 13 of 18 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-08-05.

18entries
6years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2023WorsenedFY2025-H1 – FY2025AdvancedFY2026-H1 – 2026-08-052021: 320212022: 420222023: 320232024: 320242025: 220252026: 32026
Same theme, other companies
Expanding the Marine Business Through Increased Outboard Motor ProductionA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-05AdvancedRevisions to earnings forecasts

    「Revenue was ¥36.8 billion, an increase of ¥5.0 billion (15.6%) from the same period of the previous year. Operating profit was ¥8.5 billion, a decrease of ¥0.6 billion (6.8%).」

    Revenue in the marine business increased year on year, indicating a recovery in sales volume toward the full-year revenue target of ¥100 billion. Operating profit, however, declined.
  2. FY2026AdvancedAnnual report

    「Marine business revenue was ¥119.5 billion, up ¥9.8 billion, or 8.9%, from the previous fiscal year.」

    Full-year Marine business revenue was ¥119.5 billion, recovering from the previous year at a level above the ¥100 billion revenue target.
  3. 2026-05-14AdvancedRevisions to earnings forecasts

    「Revenue was ¥119.5 billion, an increase of ¥9.8 billion (8.9%) from the previous fiscal year.」

    Full-year revenue in the marine business increased to a level above the ¥100 billion target.
  4. FY2026-H1AdvancedAnnual report

    「Marine business revenue was ¥60 billion, up ¥3.3 billion, or 5.9%, from the same period of the previous year.」

    The Marine business recorded first-half revenue of ¥60 billion, up 5.9% year on year. The scale of sales toward the full-year revenue target of ¥100 billion has been maintained and expanded, but this filing does not explicitly state that the full-year target was achieved.
  5. FY2025WorsenedAnnual report

    「Marine business revenue was ¥109.7 billion, down ¥2 billion, or 1.8%, from the previous fiscal year.」

    The company maintained revenue above the ¥100 billion target, but full-year revenue declined 1.8% from the previous fiscal year, and recent revenue progress regressed.
  6. FY2025-H1WorsenedAnnual report

    「Revenue decreased by ¥4.4 billion, or 7.2%, year on year to ¥56.6 billion. Operating income increased by ¥2.3 billion, or 15.8%, to ¥17.0 billion.」

    The Marine business recorded first-half revenue of ¥56.6 billion, down 7.2% year on year. Operating profit increased, but recent revenue progress toward the ¥100 billion revenue target has regressed from the same period of the previous year.
  7. FY2024AdvancedAnnual report

    「Marine sales decreased by ¥22.3 billion, or 16.6%, from the previous fiscal year to ¥112.3 billion, while operating income decreased by ¥14.2 billion, or 36.0%, to ¥25.2 billion.」

    Revenue declined year on year due to the slowdown in the North American market, but full-year revenue was ¥112.3 billion, a level above the ¥100 billion revenue target in the medium-term plan.
  8. FY2024-Q3WorsenedAnnual report

    「Marine sales decreased by ¥17.5 billion, or 17.2%, year on year to ¥84.3 billion, while operating income decreased by ¥10.9 billion, or 35.5%, to ¥19.9 billion. The business reported lower sales and operating income, particularly as the North American market slowed.」

    In the cumulative third quarter, the Marine business recorded revenue of ¥84.3 billion and operating profit of ¥19.9 billion, with revenue and profit both declining year on year due to a slowdown in the North American market. Recent progress toward the medium-term revenue target of ¥100 billion has regressed.
  9. FY2024-Q2WorsenedAnnual report

    「Lower outboard motor sales in North America and Europe resulted in sales of ¥61.3 billion, down ¥7.5 billion, or 10.8%, year on year. Operating income decreased by ¥5.2 billion, or 26.2%, to ¥14.6 billion.」

    Cumulative second-quarter revenue for the Marine business was ¥61.3 billion, down 10.8% year on year. Recent progress toward the medium-term revenue target of ¥100 billion has regressed from the same period of the previous year.
  10. FY2023AdvancedAnnual report

    「The Marine business recorded revenue of ¥134.6 billion, up ¥36.6 billion, or 37.3%, from the previous consolidated fiscal year, and operating profit of ¥39.4 billion, up ¥15.4 billion, or 64.2%. Both revenue and profit reached record highs.」

    The Marine business recorded revenue of ¥134.6 billion, progressing to a level above the ¥100 billion revenue target in the medium-term plan.
  11. FY2023-Q3AdvancedAnnual report

    「Sales increased by ¥31.7 billion, or 45.3%, year on year to ¥101.8 billion, while operating income increased by ¥12.0 billion, or 63.7%, to ¥30.8 billion. Firm outboard motor sales in North America, the positive effect of yen depreciation against foreign currencies and other factors contributed to results. Both sales and operating income reached record highs.」

    Cumulative third-quarter revenue for the Marine business was ¥101.8 billion, reaching a level above the ¥100 billion revenue target in the medium-term plan. The company did not explicitly state that the target had been achieved; it stated that revenue reached a record high.
  12. FY2023-Q2AdvancedAnnual report

    「The Marine business recorded revenue of ¥68.8 billion, up ¥18.9 billion, or 37.7%, from the same period of the previous year, and operating profit of ¥19.8 billion, up ¥7.6 billion, or 62.3%. Steady outboard motor sales in North America and the effect of the weaker yen against major currencies contributed to the results. Revenue and operating profit both reached record highs for a cumulative second quarter.」

    The Marine business recorded cumulative second-quarter revenue of ¥68.8 billion and operating profit of ¥19.8 billion, both record highs. It was not stated to have achieved the full-year medium-term revenue target of ¥100 billion.
  13. FY2023-Q1AdvancedAnnual report

    「Firm outboard motor sales in North America, foreign exchange effects and other factors resulted in sales of ¥34.3 billion, up ¥8.3 billion, or 31.9%, year on year, and operating income of ¥9.2 billion, up ¥2.4 billion, or 36.6%. Both sales and operating income reached record highs in every quarter.」

    The Marine business recorded first-quarter revenue of ¥34.3 billion, and both revenue and operating profit reached record highs in every quarter. It was not stated to have achieved the full-year medium-term revenue target of ¥100 billion.
  14. FY2022AdvancedAnnual report

    「Outboard motor sales in North America continued to be firm, with sales increasing by ¥14.6 billion, or 17.5%, from the previous fiscal year to ¥98.0 billion, and operating income increasing by ¥6.9 billion, or 40.5%, to ¥24.0 billion. Both sales and operating income reached record highs.」

    Full-year revenue for the Marine business was ¥98 billion, approaching the ¥100 billion target in the medium-term plan, but the target was not stated to have been reached.
  15. FY2022-Q3AdvancedAnnual report

    「Firm outboard motor sales in North America and other factors resulted in sales of ¥70.1 billion, up ¥10.5 billion, or 17.5%, year on year, and operating income of ¥18.8 billion, up ¥7.2 billion, or 62.6%.」

    The Marine business recorded cumulative nine-month revenue of ¥70.1 billion, up 17.5% year on year, and operating profit up 62.6%. This does not state progress toward achieving the medium-term revenue target of ¥100 billion.
  16. FY2022-Q2AdvancedAnnual report

    「Outboard motor sales in North America continued to be firm, with sales increasing by ¥8.5 billion, or 20.4%, year on year to ¥49.9 billion, and operating income increasing by ¥4.2 billion, or 53.2%, to ¥12.2 billion.」

    The Marine business recorded cumulative first-half revenue of ¥49.9 billion, with higher revenue and operating profit against a backdrop of steady outboard motor sales in North America. This does not state progress toward achieving the medium-term revenue target of ¥100 billion.
  17. FY2022-Q1AdvancedAnnual report

    「Outboard motor sales in North America continued to be firm, with sales increasing by ¥5.8 billion, or 28.7%, year on year to ¥26.0 billion, and operating income increasing by ¥3.0 billion, or 77.9%, to ¥6.8 billion.」

    Driven by steady outboard motor sales in North America, the Marine business recorded revenue of ¥26 billion in the first quarter. This does not state progress toward achieving the medium-term revenue target of ¥100 billion.
  18. FY2021First statedAnnual report

    「Under the slogan “THE ULTIMATE OUTBOARD MOTOR,” we will work toward the ¥100 billion revenue target set out in the medium-term management plan.」

    While maintaining the outboard motor brand slogan, the company explicitly stated the Marine business’s medium-term revenue target of ¥100 billion.
Moved together

"Breaking Away from a Loss-Making Structure through Selection and Concentration in the Motorcycle Business" moved the same way as this thread, in the same document, in 12 of its 18 moves.

121211101010★123456
  1. ★This thread
  2. 1Breaking Away from a Loss-Making Structure through Selection and Concentration in the Motorcycle Business12×
  3. 2Establishing the world's leading four-stroke outboard motor brand12×
  4. 3Motorcycle Business: Sales of 2 Million Units and Operating Margin of 5% or More11×
  5. 4Early achievement of record-high sales10×
  6. 5Balancing Growth Investment Focused on India with Capital Efficiency and Shareholder Returns10×
  7. 6Total capital investment over five years under the medium-term management plan: ¥1.2 trillion10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Suzuki Motor yet. It last moved in the Revisions to earnings forecasts of 2026-08-05: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Marine Business Sales Target of ¥100 Billion | SUZUKI MOTOR CORPORATION (7269) | Komori