Consolidated Revenue and Operating Profit by Business Segment

(100 Millions of yen)

FYE2020 FYE2021 Change
Automobiles Revenue 31,939 27,375 −4,564
Operating profit 2,003 1,091 −912
Aerospace Revenue 1,421 877 −544
Operating profit 51 −98 −149
Others Revenue 80 50 −30
Operating profit 36 31 −5
Adjustment Operating profit 14 1 −13
Total Revenue 33,441 28,302 −5,139
Operating profit 2,103 1,025 −1,079

Automotive Business

Overall automobile demand in the United States, our mainstay market, decreased from the previous fiscal year by almost 10% to approximately 15 million units. Total automobile demand in Japan decreased by nearly 8.0% to approximately 4.7 million units. In such a business environment, the pandemic severely hit the performance in the first quarter, but overseas retail sales remain strong. This was mainly attributable to the brisk sales of Crosstrek (Japanese name: "SUBARU XV") in the mainstay North American market. In the domestic market, the all-new Subaru Levorg, which was named 2020-2021 Car of the Year Japan, contributed to sales.
Consequently, overseas and domestic unit sales decreased year on year by 150,000 units (16.5%) to 758,000 units and 24,000 units (19.1%) to 102,000 units, respectively, resulting in a decrease in combined overseas and domestic unit sales by 174,000 units (16.8%) to 860,000 units. Revenue decreased by 456.4 billion yen (14.3%) to 2,737.5 billion yen. Segment profit decreased by 91.2 billion yen (45.5%) to 109.1 billion yen.

  • Consolidated Unit Sales by Region

    (thousands units)

      FYE2020 FYE2021 Change
    Japan 126 102 −24
    U.S. 702 612 −90
    Canada 60 50 −11
    Europe 37 14 −23
    Russia 9 5 −4
    Australia 43 31 −12
    China 21 24 4
    Others 37 23 −14
    Total 1,034 860 −174
  • Consolidated Unit Sales by Models

    (thousands units)

      FYE2020 FYE2021 Change
    Legacy 238 216 −22
    Impreza 312 256 −56
    Forester 314 257 −57
    Levorg 15 21 6
    WRX 34 26 −8
    Ascent 89 58 −30
    BRZ 5 4 −2
    OEM 3 2 −1
    Minicars 24 20 −4
    Total 1,034 860 −174

Aerospace Company


Sales revenue fell by 54.4 billion yen (38.3%) to 87.7 billion yen, for the reason of fewer deliveries of Boeing 787 and 777 components in the midst of the COVID-19 pandemic. Segment profit decreased year-on-year by 14.9 billion yen to a loss of 9.8 billion yen.

Other Businesses


Sales revenue decreased by 3.0 billion yen (37.5%) to 5.0 billion yen. Segment profit decreased by 0.5 billion yen (14.2%) to 3.1 billion yen.