Suzukisuzuki motor corporation7269東証プライム輸送用機器FY ending Mar 2026, consolidated, IFRS

Suzuki FY ending Mar 2026 results

About 91% of Suzuki's sales come from Automobile business, with Motorcycle business and Marine business making up much of the rest.

Out of every ¥100 of sales, about ¥10 is left as operating profit.

Revenue changed +8.0% from the prior year, operating profit -3.1%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +8.0% · profit -3.1%, calculated from disclosed figures.

Operating leverage: -0.39× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+8.0%¥5.83T → ¥6.29T
Gross profit
+2.3%¥1.57T → ¥1.6T
Operating income
-3.1%¥642.9B → ¥622.9B
Net income attributable to owners
+5.6%¥416.1B → ¥439.3B
Operating cash flow
+7.1%¥669.8B → ¥717.5B
Free cash flow
+4.6%¥325.1B → ¥340.1B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥6.29T, up +8.0% from ¥5.83T.
  • Operating income went the other way, falling -3.1% from ¥642.9B to ¥622.9B.
  • Net income attributable to owners still rose +5.6% to ¥439.3B, and operating cash flow grew +7.1% to ¥717.5B.

What drove the change

  • A change to India's goods and services tax (GST) lifted demand more than expected, and Suzuki reworked production and logistics to keep up, so sales rose.
  • Higher volumes, a better model mix and cost cuts more than covered rising material costs, but bigger spending on people and technology pushed operating income down.
  • Better financial income, including foreign exchange gains, made up part of the drop. The marine business earned less, mainly because of US tariffs.

Things to watch

  • India accounts for a large share of revenue, so a sharp shift in Indian demand or competition could hurt results.
  • Most revenue comes from outside Japan and many plants are in emerging markets, which leaves results exposed to exchange-rate and interest-rate swings.
  • If material and parts prices jump and cannot be fully passed on in selling prices, profits would be squeezed.

Annual Securities Report, 160th fiscal term (Apr 2025 - Mar 2026) / Management's analysis of financial position, operating results and cash flows · Annual Securities Report, 160th fiscal term (Apr 2025 - Mar 2026) / Business risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Suzuki sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥74
SG&A
¥16
Operating profit
¥10
Net profit kept
¥7

Annual margin trends

Gross margin25.5%
FY ending Mar 2021: 27.3%27.3%FY ending Mar 2022: 24.0%24.0%FY ending Mar 2023: 24.8%24.8%FY ending Mar 2024: 26.3%26.3%FY ending Mar 2025: 26.9%26.9%FY ending Mar 2026: 25.5%25.5%FY21FY22FY23FY24FY25FY26
Operating margin9.9%
FY ending Mar 2021: 6.1%6.1%FY ending Mar 2022: 5.4%5.4%FY ending Mar 2023: 7.6%7.6%FY ending Mar 2024: 9.2%9.2%FY ending Mar 2025: 11.0%11.0%FY ending Mar 2026: 9.9%9.9%FY21FY22FY23FY24FY25FY26
Net margin7.0%
FY ending Mar 2021: 4.6%4.6%FY ending Mar 2022: 4.5%4.5%FY ending Mar 2023: 4.8%4.8%FY ending Mar 2024: 5.9%5.9%FY ending Mar 2025: 7.1%7.1%FY ending Mar 2026: 7.0%7.0%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (10)
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    訂正有価証券報告書-第160期(2025/04/01-2026/03/31)

    ID S100YYB12026-08-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第159期(2024/04/01-2025/03/31)

    ID S100W4MT2025-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第158期(2023/04/01-2024/03/31)

    ID S100TRQC2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第157期(2022/04/01-2023/03/31)

    ID S100R38M2023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第156期(令和3年4月1日-令和4年3月31日)

    ID S100OJSN2022-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第155期(令和2年4月1日-令和3年3月31日)

    ID S100LPRL2021-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第154期(平成31年4月1日-令和2年3月31日)

    ID S100J04Y2020-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第153期(平成30年4月1日-平成31年3月31日)

    ID S100GDBK2019-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第152期(平成29年4月1日-平成30年3月31日)

    ID S100DGY82018-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第151期(2016/04/01-2017/03/31)

    ID S100AL7O2017-06-30Open

Extracted from XBRL: 44 / Derived from other figures: 1

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