Suzuki reported net profit of ¥253.7 billion for the six months ended September 2026, up 32% from the same period a year earlier. Strong sales of SUVs and other vehicles in Japan drove overall performance and offset higher costs in its Indian business.
According to Suzuki's consolidated results for the six months ended September 2026, reported under IFRS, net profit rose 32% year on year to ¥253.7 billion. Revenue was ¥3.4192 trillion and operating profit was ¥291.5 billion, while global sales of four-wheel vehicles reached 1,824,000 units, near a record high.
Japan was the main driver of profit, with operating profit in the Japan region rising 26% to ¥156.9 billion. The share of registered vehicles increased, sales of the XBee and Jimny Nomade SUVs remained firm, and the weaker yen also contributed.
In contrast, profit from the Indian business remained sluggish, and operating profit in Asia declined 19% to ¥111 billion. Higher raw-material costs resulting from heightened tensions in the Middle East weighed on performance. Although India's four-wheel vehicle sales rose 35% to 1.1 million units, this did not lead to an improvement in profit.
Suzuki said on the same day that consolidated profit before tax for the fiscal year ending March 2027 is expected to decline 6% from the previous fiscal year to ¥690 billion. Its revenue and net profit forecasts were left unchanged, but higher raw-material costs are expected to remain a burden on earnings, while global sales are projected at 3,702,000 units.