Focusing on the small-car market and expanding the passenger vehicle business
First written in FY2016. 25 of 37 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「• In January 2026, the new battery EV (BEV) e VITARA was launched. … • In March 2026, the new kei commercial battery EV e EVERY was launched.」
The four-wheel vehicle business launched the e VITARA and e EVERY, expanding its product lineup centered on compact cars, SUVs and kei commercial vehicles to include electric vehicles. - FY2026-H1WorsenedAnnual report
「Although the Japanese four-wheel vehicle business remained solid, operating profit declined ¥56.1 billion, or 19.1%, from the same period of the previous year to ¥237.3 billion due to changes in market conditions, higher raw-material prices, and lower four-wheel vehicle sales in India and Europe.」
The Japanese four-wheel vehicle business remained solid, but four-wheel vehicle operating profit declined 19.1% year on year due to changes in market conditions, higher raw-material prices, and lower sales in India and Europe. - FY2025AdvancedAnnual report
「On 12 March 2025, the company reached cumulative domestic sales of 30 million four-wheel vehicles in Japan, including kei vehicles and registered vehicles.」
Cumulative domestic sales of four-wheel vehicles reached 30 million units. In addition, the company is introducing products such as the Fronx and Jimny Nomade, as well as compact cars and SUVs. - FY2025-H1AdvancedAnnual report
「Revenue was ¥2,594.5 billion, up ¥283.6 billion, or 12.3%, from the same period of the previous year. Operating profit was ¥293.4 billion, up ¥87.4 billion, or 42.4%.」
The four-wheel vehicle business reported a 12.3% year-on-year increase in revenue and a 42.4% increase in operating profit. - FY2024AdvancedAnnual report
「In the strategically important Indian market, the company achieved cumulative production of 30 million four-wheel vehicles by the end of March 2024.」
Cumulative production of four-wheel vehicles in India reached 30 million units by the end of March 2024. The Fronx also reached cumulative sales of 100,000 units within 10 months of its launch, while the SUV lineup is being expanded. - FY2024-Q3AdvancedAnnual report
「Four-wheel vehicle business: Revenue was ¥3,487.1 billion, up ¥437.7 billion, or 14.4%, from the same period of the previous year. Operating profit was ¥297.6 billion, up ¥86.5 billion, or 41.0%. Increased sales in Japan, Europe and India and improvements in the sales mix resulted in higher revenue and operating profit.」
During the nine-month period ended 31 December, the four-wheel vehicle business reported revenue of ¥3,487.1 billion and operating profit of ¥297.6 billion, with higher revenue and operating profit year on year due to increased sales in Japan, Europe and India and an improved sales mix. - FY2024-Q2AdvancedAnnual report
「Revenue was ¥2,317.9 billion, up ¥350.8 billion, or 17.8%, from the same period of the previous year, due to the normalization of production in India, Europe, Japan and other regions, appropriate pricing, the weaker yen, and other factors. Operating profit was ¥197.2 billion, up ¥69.1 billion, or 54.0%, as the increase in fixed costs and depreciation was offset by the effects of higher revenue, the weaker yen, and other factors.」
The four-wheel vehicle business reported revenue of ¥2,317.9 billion and operating profit of ¥197.2 billion, with higher revenue and operating profit year on year due to the normalization of production, appropriate pricing, the weaker yen, and other factors. - FY2024-Q1AdvancedAnnual report
「Revenue was ¥1,086.5 billion, up ¥146.5 billion, or 15.6%, from the same period of the previous year, due to increased sales in India, Europe, Japan and other regions, the effects of price increases mainly overseas, the weaker yen, and other factors. Operating profit was ¥83.4 billion, up ¥27.1 billion, or 48.1%, as the increase in fixed costs and depreciation was offset by the effects of higher revenue, the weaker yen, and other factors.」
The four-wheel vehicle business exceeded the previous year's levels for both revenue and operating profit due to increased sales in India, Europe, Japan and other regions, price increases overseas, the weaker yen, and other factors. Operating profit was ¥83.4 billion, up 48.1% year on year. - FY2023AdvancedAnnual report
「Currently, 17 models are produced and sold in India. In recent years, in addition to introducing fast-growing SUV models, the company has been working to promote the adoption of hybrid and CNG vehicles.」
The company produces and sells 17 models in India and is expanding its product lineup to include SUVs, hybrids and CNG vehicles. - FY2023-Q3AdvancedAnnual report
「Revenue was ¥3,049.3 billion, up ¥737.8 billion, or 31.9%, from the same period of the previous year, due to increased sales in India and other regions, improvements in the sales mix, and the benefit of the weaker yen. Operating profit was ¥211.0 billion, up ¥95.4 billion, or 82.5%, as the impact of soaring raw-material prices was offset by the effects of higher revenue and other factors.」
In the four-wheel vehicle business, cumulative revenue for the first 9 months was ¥3,049.3 billion and operating profit was ¥211.0 billion, with higher revenue and operating profit year on year due to increased sales in India and other regions, an improved sales mix, and the benefit of the weaker yen. - FY2023-Q2AdvancedAnnual report
「Revenue was ¥1,967.1 billion, up ¥468.5 billion, or 31.3%, from the same period of the previous year, due to increased sales in India and other regions, the benefit of the weaker yen, and improvements in the sales mix. Operating profit was ¥128.0 billion, up ¥50.0 billion, or 64.1%, as the impact of soaring raw-material prices was offset by the effects of higher revenue and other factors.」
The four-wheel vehicle business reported higher revenue and operating profit due to increased sales in India and other regions, the benefit of the weaker yen, and an improved sales mix, advancing the development of the compact-car-focused four-wheel vehicle business. - FY2023-Q1AdvancedAnnual report
「Revenue was ¥940.1 billion, up ¥181.3 billion, or 23.9%, from the same period of the previous year, due to improvements in the sales mix, increased sales in India and other regions, foreign exchange effects, and other factors. Operating profit was ¥56.4 billion, up ¥14.4 billion, or 34.2%, as the impact of soaring raw-material prices was offset by the effects of higher revenue and other factors.」
The four-wheel vehicle business exceeded the previous year's levels for both revenue and operating profit, with increased sales in India and other regions and an improved sales mix contributing to higher revenue and operating profit. Land purchases are also under way in preparation for the construction of a new plant in India. - FY2022AdvancedAnnual report
「In Japan, the new Wagon R Smile was launched in September 2021. The new Alto was also launched in December. Overseas, the new CELERIO was launched in India in November 2021, the new S-CROSS was launched in Europe in December 2021, and the new Baleno was launched in India in February 2022.」
New models, including the Wagon R Smile, Alto, Celerio, S-CROSS and Baleno, were introduced in Japan and overseas, advancing a product strategy centered on compact cars. - FY2022-Q3Cumulative revenue growth, operating profit declineAnnual report
「Revenue was ¥2,311.4 billion and operating profit was ¥115.7 billion. Despite the impact of production cuts caused by shortages of components, including semiconductors, revenue increased ¥349.6 billion, or 17.8%, from the same period of the previous year, which had been significantly affected by the spread of the novel coronavirus, due to improved unit prices, the weaker yen, and other factors. Operating profit declined ¥10.9 billion, or 8.6%, from the same period of the previous year, as factors increasing profit, including the effects of higher revenue and the weaker yen, were outweighed by factors reducing profit, including soaring raw-material prices and higher expenses and other costs.」
The four-wheel vehicle business reported a 17.8% year-on-year increase in cumulative revenue, while operating profit declined 8.6% due to soaring raw-material prices, higher expenses and other costs, and other factors. - FY2022-Q2WorsenedAnnual report
「However, during the second quarter, revenue was ¥739.8 billion, down ¥26.6 billion, or 3.5%, from the same period of the previous year, due to production cuts caused by shortages of components, including semiconductors, and the impact of COVID-19. Operating profit was ¥36.0 billion, down ¥33.2 billion, or 47.9%, due to the impact of production cuts and soaring raw-material prices, among other factors.」
Although the four-wheel vehicle business reported higher revenue and operating profit on a cumulative basis for the first half, it reported lower revenue and operating profit in the second quarter due to component supply shortages, production cuts caused by the impact of COVID-19, and soaring raw-material prices. - FY2022-Q1AdvancedAnnual report
「Revenue was ¥758.8 billion, up ¥391.3 billion, or 106.5%, from the same period of the previous year. Operating profit was ¥42.0 billion, due to higher revenue, particularly increased sales of vehicles in inventory, foreign exchange gains, and other factors.」
The four-wheel vehicle business recovered from the decline caused by the novel coronavirus in the same period of the previous year, reporting higher revenue and a return to operating profitability due to increased sales of vehicles in inventory and other factors. However, consolidated revenue remained below the level of the same period two years earlier, so this does not indicate that the target was achieved. - FY2021WorsenedAnnual report
「The decline in revenue and operating profit in the first quarter could not be offset by the recovery in sales in India and Japan from July onward and efforts to reduce expenses. Revenue was ¥2,876.6 billion, down ¥280.8 billion, or 8.9%, from the previous fiscal year.」
Although sales recovered and efforts were made to reduce expenses, the four-wheel vehicle business reported an 8.9% decline in full-year revenue. The growth trend in the compact-car-focused four-wheel vehicle business has retreated due to the impact of the novel coronavirus and other factors. - FY2021-Q3WorsenedAnnual report
「During the nine-month period ended 31 December, the decline in revenue and operating profit in the first quarter could not be offset by the recovery in sales in India and Japan from July onward and efforts to reduce expenses. Revenue was ¥1,961.8 billion, down ¥415.3 billion, or 17.5%, from the same period of the previous year, while operating profit was ¥126.6 billion, down ¥30.0 billion, or 19.1%.」
Although sales recovered and expenses were reduced in India and Japan, the four-wheel vehicle business could not offset the decline in revenue and operating profit in the first quarter. Cumulative revenue declined 17.5% year on year and operating profit declined 19.1%. - FY2021-Q2WorsenedAnnual report
「During the six-month period ended 30 September, the decline in revenue and operating profit in the first quarter could not be offset by the recovery in sales in India and Japan during the second quarter and efforts to reduce expenses. Revenue was ¥1,133.9 billion, down ¥447.5 billion, or 28.3%, from the same period of the previous year, while operating profit was ¥69.2 billion, down ¥36.9 billion, or 34.7%.」
Although sales recovered in India and Japan, this did not offset the decline in revenue and operating profit in the first quarter. Cumulative revenue in the four-wheel vehicle business declined 28.3% and operating profit declined 34.7%. - FY2021-Q1WorsenedAnnual report
「In the four-wheel vehicle business, sales in Japan, India and other regions, which had been roughly evenly divided in the same period of the previous year, declined 27.6% in Japan, 83.0% in India and 54.3% in other regions. As a result, total revenue was ¥367.5 billion, down ¥449.6 billion, or 55.0%, from the same period of the previous year. Operating profit was ¥24 million, down ¥54.6 billion from the same period of the previous year.」
The four-wheel vehicle business, centered on compact cars, saw revenue decline 55.0% year on year and operating profit fall sharply to ¥24 million due to lower sales in each region caused by the novel coronavirus. - FY2020WorsenedAnnual report
「In the four-wheel vehicle business, revenue was ¥3,157.4 billion, down ¥375.1 billion, or 10.6%, from the previous fiscal year, due to lower sales in India and Pakistan, the impact of the stronger yen, and the effects of the novel coronavirus that emerged at the end of the fiscal year. Operating profit was ¥197.1 billion, down ¥106.7 billion, or 35.1%, due to lower revenue, the stronger yen, and higher depreciation and other costs.」
The four-wheel vehicle business, centered on compact cars, reported lower revenue and operating profit due to lower sales in India and Pakistan, the stronger yen, and the impact of the novel coronavirus. Revenue declined 10.6% and operating profit declined 35.1%. - FY2020-Q3WorsenedAnnual report
「In the four-wheel vehicle business, revenue was ¥2,377.1 billion, down ¥219.5 billion, or 8.5%, from the same period of the previous year, due to lower sales in India and Pakistan and the impact of the stronger yen. Operating profit was ¥156.6 billion, down ¥87.5 billion, or 35.9%, due to lower revenue, the stronger yen, and higher expenses and other costs.」
The four-wheel vehicle business saw revenue decline 8.5% year on year and operating profit decline 35.9% due to lower sales in India and Pakistan and the stronger yen. - FY2020-Q2WorsenedAnnual report
「In the passenger vehicle business, net sales fell by ¥179.9 billion, or 10.2%, year on year to ¥1.5814 trillion, owing to production cuts resulting from the rebuilding of the domestic inspection system, declines in sales in India and Pakistan, and the appreciation of the yen. Operating income decreased by ¥79.4 billion, or 42.8%, to ¥106.1 billion, owing to lower sales, the appreciation of the yen and higher expenses.」
The four-wheel vehicle business reported lower revenue and operating profit due to domestic production cuts, lower sales in India and Pakistan, and the stronger yen. Revenue declined 10.2% year on year and operating profit declined 42.8%. - FY2020-Q1WorsenedAnnual report
「In the passenger vehicle business, net sales fell by ¥83.5 billion, or 9.3%, year on year to ¥817.1 billion, owing to production cuts resulting from the rebuilding of the domestic inspection system, declines in sales in India, Pakistan and Indonesia, and the appreciation of the yen. Operating income decreased by ¥54.8 billion, or 50.1%, to ¥54.6 billion, owing to lower sales, the appreciation of the yen and higher expenses.」
Passenger vehicle business net sales and operating income both fell below the previous year because of production cuts resulting from the rebuilding of the domestic inspection system, lower sales in India and other markets, and the appreciation of the yen. - FY2019AdvancedAnnual report
「The new Jimny and Jimny Sierra, launched in July 2018, underwent a full model redesign for the first time in 20 years, pursuing a functional, unadorned design as “professional tools” for use in the great outdoors.」
Amid a focused product lineup including small cars and SUVs, the new Jimny and Jimny Sierra underwent a full model redesign for the first time in 20 years, advancing the product rollout. - FY2019-Q3AdvancedAnnual report
「In the passenger vehicle business, overseas net sales fell below the same period of the previous year because of the depreciation of emerging-market currencies and other factors, but the decline was offset by higher domestic net sales, supported by sales of the Spacia and Xbee. As a result, passenger vehicle business net sales increased by ¥107.0 billion, or 4.3%, year on year to ¥2.5966 trillion. Operating income decreased by ¥4.2 billion, or 1.7%, to ¥244.1 billion, owing to the depreciation of emerging-market currencies and higher selling expenses.」
Higher domestic net sales driven by sales of the Spacia and Xbee offset the decline in overseas net sales. Passenger vehicle business net sales increased 4.3% year on year to ¥2.5966 trillion, while operating income decreased 1.7% because of the depreciation of emerging-market currencies and higher selling expenses. - FY2019-Q2AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the same period of the previous year, mainly because of contributions from sales of the Spacia and Xbee launched in the previous fiscal year. Overseas net sales also exceeded the previous year, owing mainly to increased sales in India. As a result, net sales in the passenger vehicle business increased by ¥92.2 billion, or 5.5%, year on year to ¥1.7613 trillion. Operating income increased by ¥23.1 billion, or 14.2%, to ¥185.5 billion, mainly because of improved profitability in Asia and Japan.」
Sales of the Spacia and Xbee, increased sales in India, and improved profitability in Japan and Asia resulted in passenger vehicle business net sales of ¥1.7613 trillion and operating income of ¥185.5 billion, representing year-on-year increases in both revenue and profit. - FY2019-Q1AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the same period of the previous year, mainly because of contributions from sales of the Spacia and Xbee launched in the previous fiscal year. Overseas net sales also exceeded the previous year, owing mainly to increased sales in India and Europe. As a result, net sales in the passenger vehicle business increased by ¥113.3 billion, or 14.4%, year on year to ¥900.6 billion. Operating income increased by ¥30.0 billion, or 37.8%, to ¥109.4 billion, mainly because of improved profitability in Asia and Japan.」
Sales of the Spacia and Xbee, together with increased sales in India and Europe, contributed to passenger vehicle business net sales of ¥900.6 billion and operating income of ¥109.4 billion, up 14.4% and 37.8%, respectively, year on year. - FY2018AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the previous consolidated fiscal year, mainly because of contributions from new models such as the Wagon R and Swift launched in the previous fiscal year and the Spacia and Xbee launched in December. Overseas net sales also exceeded the previous consolidated fiscal year, owing mainly to increased sales in India, including the launch of the new Dzire and Swift, and in Europe. As a result, passenger vehicle business net sales increased by ¥540.2 billion, or 18.7%, year on year to ¥3.4358 trillion.」
The launch of new models in Japan and overseas contributed to sales, and passenger vehicle business net sales increased 18.7% year on year to ¥3.4358 trillion. - FY2018-Q3AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the same period of the previous year, mainly because of contributions from new models such as the Wagon R and Swift launched in the previous fiscal year and the Spacia and Xbee launched in December. Overseas net sales also exceeded the previous year, owing mainly to increased sales in India and Europe. As a result, net sales in the passenger vehicle business increased by ¥430.5 billion, or 20.9%, year on year to ¥2.4896 trillion. Operating income increased by ¥86.2 billion, or 53.2%, to ¥248.3 billion, mainly because of improved profitability in Japan, Asia and Europe.」
New models such as the Spacia and Xbee launched in December contributed to sales, while increased sales in India and Europe also contributed. Passenger vehicle business net sales were ¥2.4896 trillion and operating income was ¥248.3 billion, resulting in year-on-year increases in both revenue and profit. - FY2018-Q2AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the same period of the previous year, mainly because of contributions from new models such as the Wagon R and Swift launched in the previous fiscal year. Overseas net sales also exceeded the previous year, owing mainly to increased sales in India and Europe. As a result, net sales in the passenger vehicle business increased by ¥301.4 billion, or 22.0%, year on year to ¥1.6691 trillion. Operating income increased by ¥53.1 billion, or 48.5%, to ¥162.4 billion, mainly because of improved profitability in Japan, Asia and Europe.」
Sales of new models such as the Wagon R and Swift, together with increased sales in India and Europe, resulted in passenger vehicle business net sales of ¥1.6691 trillion and operating income of ¥162.4 billion, representing year-on-year increases in both revenue and profit. - FY2018-Q1AdvancedAnnual report
「In the passenger vehicle business, domestic net sales exceeded the same period of the previous year, mainly because of contributions from new models such as the Wagon R and Swift launched in the previous fiscal year. Overseas net sales also exceeded the previous year, owing mainly to increased sales in India and Europe. As a result, net sales in the passenger vehicle business increased by ¥102.9 billion, or 15.0%, year on year to ¥787.3 billion. Operating income increased by ¥23.6 billion, or 42.4%, to ¥79.4 billion, mainly because of improved profitability in Japan, Asia and Europe.」
New models such as the Wagon R and Swift launched in the previous fiscal year contributed to domestic sales, while increased sales in India and Europe also contributed. Passenger vehicle business net sales were ¥787.3 billion and operating income was ¥79.4 billion, up 15.0% and 42.4%, respectively, year on year. - FY2017AdvancedAnnual report
「In response to strong demand in India, the new Gujarat plant began operations, and construction of a second Gujarat plant and an engine and transmission plant is planned, with operations targeted to begin in early 2019. We will further strengthen the domestic and Indian passenger vehicle businesses, which are the Group's mainstays, while strengthening the passenger vehicle businesses in ASEAN, Europe and Pakistan, among others, to diversify our sources of earnings and advance the “AllGrip” structural reform.」
The company stated that the new Gujarat plant in India had begun operations and that it planned to build a second plant and an engine and transmission plant, targeting operations to begin in early 2019. It also specified regional expansion of the passenger vehicle business and diversification of earnings sources. - FY2017-Q3AdvancedAnnual report
「Domestic net sales fell short of the same period of the previous year despite efforts to expand sales by strengthening the product lineup, including the addition of the Solio and Solio Bandit equipped with a newly developed hybrid system and the introduction of the new Spacia Custom Z variant, because of declines in Kei vehicle sales and OEM sales. Overseas net sales were also below the previous year as increased sales in India and Europe were offset by lower sales in Indonesia and Pakistan and foreign exchange effects. As a result, net sales in the passenger vehicle business fell by ¥71.6 billion, or 3.4%, year on year to ¥2.0591 trillion. Operating income increased by ¥15.7 billion, or 10.7%, to ¥162.1 billion, despite foreign exchange effects, owing mainly to increased sales in India and Europe.」
The company stated that specific product developments, including vehicles equipped with the newly developed hybrid system and new variants, progressed, and that increased sales in India and Europe contributed to higher operating income. Passenger vehicle business net sales, however, were below the previous year. - FY2017-Q2AdvancedAnnual report
「Net sales increased by ¥14.2 billion, or 5.3%, year on year to ¥278.8 billion, mainly because of strong sales of the compact SUV Vitara.」
Regional net sales in Europe increased year on year, driven by strong sales of the compact SUV Vitara. This was a specific result demonstrating progress in sales of small cars and SUVs. - FY2017-Q1AdvancedAnnual report
「Domestic net sales exceeded the same period of the previous year as sales of registered vehicles, including the Solio, Escudo, Ignis and Baleno launched in the previous fiscal year, increased despite declines in Kei vehicle sales and OEM sales.」
The company stated that several models launched in the previous fiscal year contributed to growth in registered-vehicle sales, indicating specific progress under its product-launch plan. - FY2016First statedAnnual report
「We will respond to the expanding global small-car market by concentrating on products in the Kei, A, B, C and SUV segments. To improve development efficiency, we plan to consolidate platforms and focus gasoline-engine development, and launch 20 new models worldwide over 5 years.」
The company specified the product segments, development methods and launch plan for 20 models over 5 years.