Net sales of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5% from the fiscal year ending March 2019 through the fiscal year ending March 2021
First written in FY2019-Q1. 2 of 21 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
21 other companies' latest entry also says "Other".
- FY2026-H1Higher revenue, lower profit in the first halfAnnual report
「Revenue increased to ¥2,385.7 billion, up ¥119.5 billion, or 5.3%, year on year, due to higher vehicle sales and improvements in pricing and mix, despite the negative impact of foreign exchange movements and other factors. Operating profit decreased by ¥119.3 billion, or 53.8%, year on year to ¥102.7 billion.」
The previous STEP earnings plan was deemed unmet. Revenue increased in the current interim period due to higher vehicle sales and improvements in pricing and mix, but profit declined substantially due to additional tariffs, research and development expenses, and higher raw material prices. - FY2025-H1First-half revenue and profit increasedAnnual report
「Operating profit was ¥222.0 billion, an increase of ¥36.2 billion, or 19.5%, year on year」
No change was indicated to the STEP three-year earnings plan itself, which had been deemed unmet in prior years, but operating profit in the new filing's first half increased 19.5% year on year. Revenue also increased 2.4%, resulting in higher revenue and higher profit despite a decline in vehicle sales. - FY2024-Q3Continued nine-month revenue and profit growthAnnual report
「In terms of profit, despite increases in overhead and other expenses and raw material prices, operating profit increased by ¥157.3 billion, or 73.6%, year on year to ¥371.0 billion due to higher vehicle sales and the positive impact of foreign exchange movements, among other factors, while quarterly profit before tax increased by ¥201.1 billion, or 93.5%, to ¥416.2 billion.」
There has been no change to the STEP three-year earnings plan itself, which had been deemed unmet in prior years, but for the nine months ended 31 December, operating profit increased 73.6% and quarterly profit before tax increased 93.5% year on year. - FY2024-Q2Higher revenue and higher profit continued in the first halfAnnual report
「For the six months ended 30 September, revenue increased to ¥2,213.5 billion, up ¥462.6 billion, or 26.4%, year on year, due to higher vehicle sales and the positive impact of foreign exchange movements, among other factors. In terms of profit, despite increases in overhead and other expenses and raw material prices, operating profit increased by ¥75.4 billion, or 68.3%, year on year to ¥185.8 billion due to higher vehicle sales and the positive impact of foreign exchange movements, among other factors.」
No change was indicated to the STEP three-year earnings plan itself, which had been deemed unmet in prior years, but for the six months ended 30 September, revenue increased 26.4% and operating profit increased 68.3%. - FY2024-Q1Substantial increase in revenue and profit in the first quarterAnnual report
「Revenue for the cumulative first quarter ended was ¥1,082.1 billion, an increase of ¥248.0 billion, or 29.7%, year on year, due to higher vehicle sales volumes, the positive revenue impact of foreign-exchange movements and other factors. In terms of profit, despite higher raw-material prices and increased expenses and other costs, the positive impact of foreign-exchange movements and higher vehicle sales volumes resulted in operating profit of ¥84.5 billion, up ¥47.5 billion, or 128.4%, year on year.」
No change was indicated to the three-year earnings plan itself, which had been deemed unmet in prior years, but first-quarter revenue increased 29.7% and operating profit increased 128.4%. - FY2023-Q3Substantial increase in revenue and profit for the nine months ended 31 DecemberAnnual report
「For the nine months ended 31 December, revenue increased to ¥2,808.0 billion, up ¥800.5 billion, or 39.9%, year on year, due to the positive impact of foreign exchange movements, higher vehicle sales, and improvements in pricing policy and sales mix. In terms of profit, despite continued increases in raw material prices and overhead and other expenses, operating profit increased by ¥136.5 billion, or 176.9%, year on year to ¥213.7 billion due to higher revenue.」
No change was indicated to the three-year earnings plan itself, which had been deemed unmet in prior years, but for the nine months ended 31 December, revenue increased 39.9% and operating profit increased 176.9% due to foreign exchange movements, vehicle sales, and improvements in pricing policy and sales mix, among other factors. - FY2023-Q2Substantial increase in revenue and profit in the first halfAnnual report
「For the six months ended 30 September, revenue increased to ¥1,750.9 billion, up ¥409.2 billion, or 30.5%, year on year, due to the positive impact of foreign exchange movements, higher vehicle sales, improvements in pricing policy and sales mix, and reduced sales incentives. In terms of profit, despite higher overhead and other expenses, including the impact of soaring raw material prices and foreign exchange movements, operating profit increased by ¥56.0 billion, or 102.8%, year on year to ¥110.4 billion due to higher revenue.」
Although the previous three-year earnings plan was deemed unmet, this filing showed that first-half revenue increased 30.5% and operating profit increased 102.8%, indicating progress toward a return to higher revenue and higher profit. - FY2023-Q1First-quarter results turned to higher revenue and higher profitAnnual report
「Revenue for the cumulative first quarter ended was ¥834.1 billion, an increase of ¥198.9 billion, or 31.3%, year on year, due to higher vehicle sales volumes, the positive revenue impact of foreign-exchange movements and other factors. In terms of profit, despite higher raw-material prices and increased expenses and other costs, the positive impact of foreign-exchange movements and higher vehicle sales volumes resulted in operating profit of ¥37.0 billion, up ¥7.4 billion, or 25.2%, year on year.」
Although the previous three-year earnings plan was deemed unmet, the first quarter of the fiscal year ending March 2023 subsequently produced higher revenue and higher profit, with revenue up 31.3% and operating profit up 25.2%. - FY2022Declines in revenue and profit continued for the full yearAnnual report
「Revenue was ¥2,744.5 billion, a decrease of ¥85.7 billion, or 3.0%, from the previous consolidated fiscal year. Operating profit was ¥90.5 billion, a decrease of ¥12.0 billion, or 11.7%, from the previous consolidated fiscal year.」
The three-year earnings plan announced in July 2018 had already been deemed unmet in the previous fiscal year, and this fiscal year also saw revenue decrease 3.0% and operating profit decrease 11.7%. - FY2022-Q3Revenue and profit continued to decline for the nine months ended 31 DecemberAnnual report
「As a result of these factors, revenue decreased to ¥2,007.5 billion, down ¥67.3 billion, or 3.2%, year on year. In terms of profit, despite the reduction in sales incentives and the positive impact of foreign exchange movements, operating profit decreased by ¥21.1 billion, or 21.4%, year on year to ¥77.2 billion due to lower vehicle sales and higher raw material prices, among other factors」
The previous three-year earnings plan was deemed unmet in the previous fiscal year, making the subsequent recovery in earnings an issue. For the nine months ended 31 December, revenue decreased 3.2% and operating profit decreased 21.4% due to supply constraints and other factors. - FY2022-Q2First-half results turned to higher revenue and higher profitAnnual report
「Revenue for the cumulative second quarter ended was ¥1,341.7 billion, an increase of ¥123.3 billion, or 10.1%, year on year, mainly because vehicle sales volumes increased from the previous year, which was significantly affected by the COVID-19 pandemic. In terms of profit, operating profit increased ¥23.8 billion, or 77.9%, year on year to ¥54.5 billion, mainly due to higher vehicle sales volumes and lower sales incentives.」
The three-year earnings plan announced in July 2018 was deemed unmet in the previous fiscal year. This filing reported higher revenue and higher profit in the subsequent first half, with revenue up 10.1% and operating profit up 77.9%. - FY2021ReframedAnnual report
「Although performance was affected by various factors, the Company fell short of the three-year targets announced in July 2018. By advancing a business model centred on a value-added strategy, we will enhance the value provided to customers and raise the Subaru brand's strength, seeking to capture a 5% share in the key US market and targeting an industry-leading operating margin of 8%.」
The three-year plan for revenue of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5% for fiscal 2018 through fiscal 2020 was explicitly identified as unmet, and the future earnings outlook was reorganised around a 5% US market share and an 8% operating margin. - FY2021-Q3Revenue and profit continued to decline for the nine months ended 31 DecemberAnnual report
「However, the Company was unable to fully absorb the impact on production and sales experienced in the first quarter, and revenue decreased to ¥2,074.8 billion, down ¥409.7 billion, or 16.5%, year on year, due to lower vehicle sales. In terms of profit, although overhead and other expenses declined due to reductions in selling, general and administrative expenses and warranty repair costs, operating profit decreased by ¥54.4 billion, or 35.6%, year on year to ¥98.3 billion due to lower vehicle sales.」
Sales showed signs of recovery in the third quarter, but for the nine months ended 31 December within the three-year earnings plan period, revenue decreased 16.5% and operating profit decreased 35.6%, with lower revenue and lower profit continuing during the plan period. - FY2021-Q2Revenue and profit continued to decline for the six months ended 30 SeptemberAnnual report
「For the six months ended 30 September, revenue decreased to ¥1,218.4 billion, down ¥387.3 billion, or 24.1%, year on year, due to lower vehicle sales. In terms of profit, although overhead and other expenses declined due to reductions in selling, general and administrative expenses and warranty repair costs, operating profit decreased by ¥64.2 billion, or 67.7%, year on year to ¥30.6 billion due to lower vehicle sales, while quarterly profit before tax decreased by ¥57.0 billion, or 61.2%, to ¥36.1 billion.」
No change to the three-year earnings plan was stated, but revenue for the six months ended 30 September decreased 24.1% and operating profit decreased 67.7%, with the impact of the pandemic continuing to affect results for the plan period. - FY2021-Q1Sharp revenue and profit decline in the first quarterAnnual report
「For the three months ended 30 June, revenue decreased to ¥457.0 billion, down ¥376.4 billion, or 45.2%, year on year, due to a global decline in vehicle sales resulting from the spread of COVID-19. Profit also declined substantially as a result of the sharp decrease in vehicle sales: operating loss was ¥15.7 billion, a year-on-year decline of ¥107.9 billion, and quarterly loss before tax was ¥10.7 billion, a year-on-year decline of ¥100.1 billion.」
No change to the three-year earnings plan was stated, but first-quarter revenue decreased 45.2%, resulting in an operating loss of ¥15.7 billion and a quarterly loss before tax of ¥10.7 billion. - FY2020Full-year results turned to higher revenue and higher profitAnnual report
「Revenue was ¥3,344,109 million, an increase of ¥188.0 billion, or 6.0%, from the previous consolidated fiscal year. Operating profit was ¥210.3 billion, an increase of ¥28.6 billion, or 15.7%, from the previous consolidated fiscal year.」
Following a substantial decline in profit in the previous year and a decline for the nine months ended 31 December, the fiscal year ending March 2020 produced higher revenue and higher profit. No explicit assessment was provided of changes to or progress against the three-year earnings plan. - FY2020-Q3Cumulative third-quarter results: higher sales but lower profitAnnual report
「For the nine months ended 31 December, revenue increased to ¥2,484.6 billion, up ¥93.2 billion, or 3.9%, year on year, due mainly to an increase in vehicle sales. In terms of profit, despite the positive impact of higher vehicle sales and reduced sales incentives, operating profit decreased by ¥3.0 billion, or 1.9%, year on year to ¥152.7 billion due mainly to foreign exchange movements.」
There has been no material change to the plan for revenue of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5% for the fiscal years ending March 2019 through March 2021, but revenue increased while operating profit declined 1.9% year on year for the nine months ended 31 December. - FY2019First-year results fell short of the earnings planAnnual report
「In terms of profit, ... operating profit was ¥195.5 billion, a decrease of ¥183.9 billion, or 48.5%, from the previous consolidated fiscal year」
The plan for operating profit of ¥950 billion and other targets for the fiscal years ending March 2019 through March 2021 has not changed, but first-year operating profit was ¥195.5 billion, a substantial decline from the previous year. - FY2019-Q3RestatedAnnual report
「For the three-year period from the fiscal year ending March 2019 through the fiscal year ending March 2021, we plan consolidated revenue of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5%.」
Reiterated without change the earnings plan under STEP for the fiscal years ending March 2019 through March 2021. - FY2019-Q2RestatedAnnual report
「For the three-year period from the fiscal year ending March 2019 through the fiscal year ending March 2021, we plan consolidated revenue of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5%.」
Reiterated without change the earnings plan under STEP for the fiscal years ending March 2019 through March 2021. - FY2019-Q1First statedAnnual report
「For the three-year period from the fiscal year ending March 2019 through the fiscal year ending March 2021, we plan consolidated revenue of ¥10 trillion, operating profit of ¥950 billion and an operating margin of 9.5%.」
In connection with the new medium-term management vision, STEP, disclosed numerical plans for revenue, operating profit and operating margin for the three years from the fiscal year ending March 2019 through the fiscal year ending March 2021 for the first time.