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The latest update is out from SUBARU ( (JP:7270) ).
Subaru Corporation reported its consolidated financial results for the nine months ending December 31, 2024, noting a 1.1% increase in revenue to 3,536.3 billion yen despite a decline in global unit sales by 3.8%. While domestic sales in Japan improved, overseas sales dropped due to adjusted shipment volumes. Profit before tax rose by 2.4% to 426.0 billion yen, driven by favorable exchange rates, although operating profit saw a slight decrease. The company revised its full-year financial forecast upwards, attributing this to the impact of the weaker yen, projecting revenue at 4,760 billion yen and profit attributable to owners at 330 billion yen.
More about SUBARU
Subaru Corporation is a company in the automotive industry, primarily known for its passenger vehicles, including popular models like the Forester. The company focuses on key markets such as Japan and the United States, with a significant portion of its sales and production oriented towards these regions.
YTD Price Performance: 0.44%
Average Trading Volume: 5,513
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.61B
Find detailed analytics on 7270 stock on TipRanks’ Stock Analysis page.
