Suzuki raised its consolidated revenue forecast for the fiscal year ending March 2027 to ¥6.9 trillion, up 9.6% from the previous fiscal year. At the same time, its operating profit forecast was revised down to ¥540 billion, a decline of 13.3%.
Suzuki raised its consolidated earnings forecast for the fiscal year ending March 2027 on the 5th. It forecast revenue of ¥6.9 trillion, up 9.6% from the previous fiscal year, and indicated that global sales are expected to remain firm after revising its exchange-rate assumptions to reflect a weaker yen. At the same time, operating profit is expected to decline 13.3% from the previous fiscal year to ¥540 billion.
Suzuki also raised its forecast for global four-wheel vehicle sales in the fiscal year ending March 2027 by 25,000 vehicles from its previous forecast to 3.579 million vehicles. The company plans to capture mainly growing demand in India by expanding production capacity. Global production is also expected to increase by 18,000 vehicles to 3.774 million.
In its latest results for the April–June 2026 quarter, revenue rose 22.0% year on year to ¥1.7057 trillion and operating profit increased 11.2% to ¥158 billion. The results reflected the impact of higher raw-material prices, offset by the benefits of the weaker yen, higher vehicle sales in India and improvements in earnings power. Sales of four-wheel vehicles benefited from strong demand in India and Pakistan.