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November 27, 2015

FHI Announces Production, Japan Sales and Export Results for
October 2015 (Flash Report)

October 2015 Jan-Oct 2015
Units 2015 vs 2014 Units ’15 vs ’14
Domestic Production
*1
64,714 -4.5% First y/y decrease in 5 months 591,989 +2.2%
Overseas Production
*2
22,488 -1.3% First y/y decrease in 16 months 191,830 +20.9%
Global Production Total 87,202 -3.7% First y/y decrease in 20 months 783,819 +6.2%
Passenger Vehicles 7,529 -16.9% 5th consecutive month of y/y decrease 103,987 -2.8%
Mini Vehicles 2,439 -1.6% 2nd consecutive month of y/y decrease 33,256 -11.9%
Japan Sales Total 9,968 -13.6% 5th consecutive month of y/y decrease 137,243 -5.2%
Export Total
*3
46,855 -17.6% First y/y decrease in 5 months 462,369 +3.7%

*1 JAMA (Japan Automobile Manufacturers Association Inc.) report basis (CBU) *2 Local line-off basis *3 JAMA report basis

< Production >

While sales kept strong momentum led by continued high demand in North America, production decreased year-on-year for the following reasons:

- Domestic production decreased due to fewer working days. (one day less than October 2014)

- Overseas production decreased as a result of less overtime. (Production volume was particularly high in October 2014 with increased overtime.)

< Japan Sales >

- While the Impreza and Subaru XV sales increased, total passenger vehicle sales posted a year-on-year decrease as demand for the Levorg, launched in June 2014, declined.

- Mini vehicle sales decreased year-on-year mainly due to a decline in Samber sales.

< Exports >

- While Subaru's overseas sales continued to be strong in key markets including North America, Europe and Australia, exports from Japan decreased year-on-year due to shipping schedule changes.

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