Business Performance of FYE 2020
Performance in FYE 2020
|Profit before tax*3||1,860||2,077||216|
|Profit for the period attributable
to owners of parent*4
|Subaru Exchange Rate||¥111/US$
|Consolidated Automobile Sales
Consolidated revenue*1 rose 6.0% to 3,344.1 billion yen due to unit sales growth and other factors. Operating profit*2 increased 15.7% to 210.3 billion yen as a result of unit sales growth and other efforts including sales incentive control. Profit before tax*3 rose 11.6% to 207.7 billion yen. Profit for the period attributable to owners of parent*4 grew 7.9% to 152.6 billion yen.
Consolidated Automobile Sales
Business Plan of FYE 2021
Projection of Consolidated Results for FYE 2021
In light of the faster-than-expected sales recovery especially in the U.S., the Company revises its previous forecasts for FYE 2021 (announced on August 4, 2020) and projects consolidated global vehicle sales of 911,000 units (down 11.9% from the previous year), consolidated revenue of 2,950 billion yen (down 11.8%), operating profit of 110 billion yen (down 47.7%), profit before tax of 117 billion yen (down 43.7%), and profit for the period attributable to owners of parent of 80 billion yen (down 47.6%). The projections are based on exchange rate assumptions of 106 yen to the U.S. dollar and 120 yen to the euro.
(* Forecast as of November 4, 2020)