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Suzuki Motor (7269) · TargetAdvanced

Motorcycle Business: Sales of 2 Million Units and Operating Margin of 5% or More

First written in FY2021. 14 of 16 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.

16entries
6years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022-Q1 – FY2022-Q3AdvancedFY2023-Q1 – FY20262021: 320212022: 420222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies
Targets for improving operating profit and operating profit marginA theme 246 companies write about · 8 as a headwind · 252 as a tailwind

The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.

30 other companies' 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.
Showing 14 of the 188 companies compared. The sentences above are computed from all 188.Comparing 200 of the theme's 260 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Revenue in the motorcycle business rose by ¥56.4 billion, or 14.2%, from the previous fiscal year to ¥454.5 billion. Operating profit rose by ¥3.9 billion, or 9.7%, to ¥44.8 billion.」

    The motorcycle business recorded higher revenue and operating profit for the full year, with an operating margin of approximately 9.9% on a calculated basis. It maintained profitability above the medium-term target of an operating margin of at least 5%.
  2. 2026-05-14AdvancedRevision of earnings forecasts

    「Revenue was ¥454.5 billion, an increase of ¥56.4 billion (14.2%) from the previous fiscal year. Operating profit was ¥44.8 billion, an increase of ¥3.9 billion (9.7%).」

    The two-wheeler business maintained a full-year operating margin of approximately 9.9% based on the reported figures, above the Medium-Term Management Plan target of 5% or more.
  3. FY2026-H1AdvancedAnnual report

    「Revenue in the motorcycle business rose by ¥11.5 billion, or 5.8%, year on year to ¥209.8 billion. Operating profit was ¥22.5 billion, roughly unchanged from the same period of the previous year.」

    The motorcycle business reported higher revenue for the interim period and secured operating profit of ¥22.5 billion. Its operating margin was approximately 10.7% on a calculated basis, maintaining a level above the medium-term management plan target of at least 5%.
  4. FY2025AdvancedAnnual report

    「Motorcycle business: Revenue increased ¥33.1 billion, or 9.1%, from the previous fiscal year to ¥398.1 billion. Operating income increased ¥1.7 billion, or 4.4%, to ¥40.8 billion. Expanded sales, mainly in India, contributed to higher revenue and operating income.」

    The motorcycle business continued to improve profitability, supported by expanding sales in India, and built up a track record toward the medium-term target of an operating margin of at least 5%.
  5. FY2024AdvancedAnnual report

    「Revenue in the motorcycle business rose by ¥33.8 billion, or 10.1%, year on year to ¥366.9 billion. Operating profit rose by ¥9.7 billion, or 33.0%, to ¥39.0 billion.」

    Although no reference was made to sales of 2 million units, the motorcycle business reported full-year operating profit of ¥39.0 billion, implying an operating margin of approximately 10.6% and progress in profitability against the medium-term target of at least 5%.
  6. FY2024-Q3AdvancedAnnual report

    「Motorcycle business: Revenue increased ¥14.9 billion, or 5.9%, year on year to ¥267.6 billion, while operating income increased ¥3.8 billion, or 16.6%, to ¥26.8 billion. Increased sales in India were a particularly significant contributor.」

    The motorcycle business reported higher revenue and operating profit for the nine months ended in the third quarter, supported by increased sales in India. This filing contains no information on progress toward the medium-term plan's 2 million-unit sales target.
  7. FY2024-Q2AdvancedAnnual report

    「Revenue increased ¥3.8 billion, or 2.2%, year on year to ¥179.7 billion, mainly due to increased sales in India and the weaker yen. Operating income increased ¥900 million, or 5.8%, to ¥16.2 billion.」

    The motorcycle business reported higher revenue and operating profit year on year, recording operating profit of ¥16.2 billion. Profitability is improving toward the medium-term target of an operating margin of at least 5%, but no information was provided on progress toward the 2 million-unit sales target.
  8. FY2023AdvancedAnnual report

    「Operating profit in the motorcycle business rose by ¥18.5 billion, or 170.2%, year on year to ¥29.3 billion, while the operating margin reached a record high of 8.8%.」

    The motorcycle business reported a full-year operating margin of 8.8%, exceeding the medium-term management plan target of at least 5%. No information was provided on progress toward the 2 million-unit sales target.
  9. FY2023-Q3AdvancedAnnual report

    「Revenue increased ¥69.1 billion, or 37.6%, year on year to ¥252.8 billion, while operating income increased ¥13.7 billion, or 148.8%, to ¥23.0 billion. Contributions included increased sales in India and other markets, improvements from changes in the sales mix, and foreign-exchange effects from the weaker yen.」

    The motorcycle business reported operating profit of ¥23.0 billion for the nine months ended in the third quarter, and profitability improved toward the medium-term target of an operating margin of at least 5%, supported by higher sales and an improved sales mix. No unit figure was provided to indicate progress toward the 2 million-unit sales target.
  10. FY2023-Q2AdvancedAnnual report

    「Revenue increased ¥57.0 billion, or 47.9%, year on year to ¥175.9 billion, while operating income increased ¥8.4 billion, or 122.1%, to ¥15.3 billion. Contributions included increased sales in India and other markets, improvements from changes in the sales mix, and foreign-exchange effects from the weaker yen.」

    The motorcycle business reported higher revenue and operating profit for the six months ended in the second quarter, recording operating profit of ¥15.3 billion. No information was provided on progress toward the medium-term management plan's 2 million-unit sales target.
  11. FY2023-Q1AdvancedAnnual report

    「Revenue increased ¥28.8 billion, or 50.1%, year on year to ¥86.3 billion, mainly due to increased wholesale sales in India and North America and foreign-exchange effects. Operating income increased ¥3.9 billion, or 87.3%, to ¥8.3 billion.」

    The motorcycle business reported higher revenue and operating profit in the first quarter, recording operating profit of ¥8.3 billion. No information was provided on progress toward the medium-term management plan's 2 million-unit sales target.
  12. FY2022WorsenedAnnual report

    「Revenue in the motorcycle business increased ¥47.0 billion, or 22.7%, from the previous consolidated fiscal year to ¥253.5 billion, mainly due to expanded sales of high-priced models such as the new Hayabusa. Operating income increased ¥8.3 billion, or 321.6%, to ¥10.9 billion.」

    The motorcycle business's full-year operating margin was approximately 4.3%, below the 5.0% reported for the previous year's cumulative quarterly period, meaning it fell short of the medium-term target of at least 5% for the full year.
  13. FY2022-Q3AdvancedAnnual report

    「The introduction of the new Hayabusa, the weaker yen and progress in improving the business structure contributed to a 26.3% increase in revenue to ¥183.7 billion, up ¥38.3 billion year on year. Operating income was ¥9.2 billion, marking a return to profitability, and the operating margin was 5.0%.」

    The motorcycle business reported an operating margin of 5.0%, reaching the medium-term management plan target of at least 5%. No unit figure was provided to indicate progress toward the 2 million-unit sales target.
  14. FY2022-Q2AdvancedAnnual report

    「The introduction of the new Hayabusa and progress in improving the business structure contributed to a 33.6% increase in revenue to ¥119.0 billion, up ¥29.9 billion year on year. Operating income was ¥6.9 billion, marking a return to profitability, and the operating margin was 5.8%.」

    The motorcycle business reported an operating margin of 5.8%, exceeding the medium-term management plan target of at least 5%. No unit figure was provided to indicate progress toward the 2 million-unit sales target.
  15. FY2022-Q1AdvancedAnnual report

    「The introduction of the new Hayabusa and progress in improving the business structure contributed to a 64.5% increase in revenue to ¥57.5 billion, up ¥22.6 billion year on year. Operating income was ¥4.4 billion, marking a return to profitability, and the operating margin was 7.7%.」

    The motorcycle business reported a first-quarter operating margin of 7.7%, exceeding the medium-term management plan target of at least 5%. No unit figure was provided to indicate progress toward the 2 million-unit sales target.
  16. FY2021First statedAnnual report

    「The Company will work to standardise platforms and build an attractive and diverse product lineup, with the aim of achieving the medium-term management plan's targets of sales of 2 million units and an operating margin of at least 5%.」

    For the motorcycle business, the Company set medium-term targets of sales of 2 million units and an operating margin of at least 5%, using platform standardisation and the development of a product lineup as the means of achieving them.
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 13 of its 16 moves.

131111101010★123456
  1. ★This thread
  2. 1Breaking Away from a Loss-Making Structure through Selection and Concentration in the Motorcycle Business13×
  3. 2Early achievement of record-high sales11×
  4. 3Marine Business Sales Target of ¥100 Billion11×
  5. 4Balancing Growth Investment Focused on India with Capital Efficiency and Shareholder Returns10×
  6. 5Focusing on the small-car market and expanding the passenger vehicle business10×
  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 Revision of earnings forecasts of 2026-05-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Motorcycle Business: Sales of 2 Million Units and Operating Margin of 5% or More | SUZUKI MOTOR CORPORATION (7269) | Komori