Subaru Corporation Reports Solid Financial Performance

Subaru Corporation ( (FUJHY) ) has released its Q3 earnings. Here is a breakdown of the information Subaru Corporation presented to its investors.

Subaru Corporation is a Japanese multinational corporation known for its automobiles, particularly its all-wheel-drive vehicles and boxer engine designs, operating primarily in the automotive and aerospace sectors. In its latest earnings report, Subaru Corporation reported a slight increase in revenue for the nine months ending December 31, 2024, attributed to price revisions and favorable foreign exchange rates, despite a dip in unit sales. Operating profit decreased slightly by 0.5% to 369.2 billion yen, whereas profit before tax rose by 2.4% to 426.0 billion yen. The profit for the period attributable to owners of the parent increased by 6.2% to 317.4 billion yen, reflecting a positive financial outcome overall. The company also revised its full-year forecast, anticipating further revenue and profit contributions from foreign exchange fluctuations. Subaru’s automotive division saw a modest revenue rise, aided by currency effects, despite a drop in production and sales numbers. Meanwhile, the aerospace segment experienced a revenue uptick but faced losses due to decreased deliveries in the commercial sector. Looking forward, Subaru Corporation remains optimistic, adjusting its financial forecasts upward, with expectations of continued support from foreign exchange movements, although it anticipates some operational challenges.