Subaru Corporation (TYO:7270)

Subaru Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	4,805,267	4,685,763	4,702,947	3,774,468	2,744,520	2,830,210
Revenue Growth (YoY)	1.04%	-0.36%	24.60%	37.53%	-3.03%	-15.37%
Cost of Revenue	3,923,219	3,705,419	3,710,521	3,037,993	2,240,595	2,337,614
Gross Profit	882,048	980,344	992,426	736,475	503,925	492,596
Selling, General & Admin	353,502	352,494	332,424	308,535	272,700	252,415
Research & Development	161,743	142,448	113,508	114,400	103,587	104,157
Other Operating Expenses	34,240	33,500	35,013	8,826	3,208	4,481
Operating Expenses	588,341	567,298	516,626	465,241	409,931	388,505
Operating Income	293,707	413,046	475,800	271,234	93,994	104,091
Interest Expense	-	-4,110	-2,525	-2,134	-1,775	-1,946
Interest & Investment Income	94,305	70,581	55,482	26,839	7,078	4,817
Earnings From Equity Investments	22	10	-899	141	-1,310	-120
Currency Exchange Gain (Loss)	-34,938	-34,938	17,114	-8,752	7,505	3,489
Other Non Operating Income (Expenses)	-236	-236	-67	718	3,304	4,855
EBT Excluding Unusual Items	352,860	444,353	544,905	288,046	108,796	115,186
Gain (Loss) on Sale of Investments	-2,177	-2,177	5,290	-10,051	1,864	10,177
Gain (Loss) on Sale of Assets	-8,053	-8,053	-7,006	-980	-5,079	-4,661
Asset Writedown	14,384	14,384	-10,615	5,187	1,391	-6,748
Legal Settlements	-	-	-	-3,836	-	-
Pretax Income	357,014	448,507	532,574	278,366	106,972	113,954
Income Tax Expense	91,484	110,355	148,004	79,282	36,376	36,634
Earnings From Continuing Operations	265,530	338,152	384,570	199,084	70,596	77,320
Minority Interest in Earnings	-86	-90	514	1,347	-589	-810
Net Income	265,444	338,062	385,084	200,431	70,007	76,510
Net Income to Common	265,444	338,062	385,084	200,431	70,007	76,510
Net Income Growth	-33.17%	-12.21%	92.13%	186.30%	-8.50%	-49.86%
Shares Outstanding (Basic)	731	738	756	767	767	767
Shares Outstanding (Diluted)	731	738	756	767	767	767
Shares Change (YoY)	-2.32%	-2.40%	-1.40%	0.01%	0.01%	0.01%
EPS (Basic)	363.17	458.03	509.20	261.33	91.28	99.77
EPS (Diluted)	363.15	458.00	509.18	261.32	91.28	99.77
EPS Growth	-31.58%	-10.05%	94.85%	186.27%	-8.51%	-49.86%
Free Cash Flow	347,933	321,275	579,518	368,762	94,400	164,651
Free Cash Flow Per Share	476.00	435.25	766.26	480.79	123.09	214.71
Dividend Per Share	124.000	115.000	86.000	76.000	56.000	56.000
Dividend Growth	29.17%	33.72%	13.16%	35.71%	-	-44.00%
Gross Margin	18.36%	20.92%	21.10%	19.51%	18.36%	17.41%
Operating Margin	6.11%	8.82%	10.12%	7.19%	3.43%	3.68%
Profit Margin	5.52%	7.22%	8.19%	5.31%	2.55%	2.70%
Free Cash Flow Margin	7.24%	6.86%	12.32%	9.77%	3.44%	5.82%
EBITDA	536,837	645,587	693,580	511,040	318,049	310,408
EBITDA Margin	11.17%	13.78%	14.75%	13.54%	11.59%	10.97%
D&A For EBITDA	243,130	232,541	217,780	239,806	224,055	206,317
EBIT	293,707	413,046	475,800	271,234	93,994	104,091
EBIT Margin	6.11%	8.82%	10.12%	7.19%	3.43%	3.68%
Effective Tax Rate	25.62%	24.61%	27.79%	28.48%	34.01%	32.15%
Advertising Expenses	-	108,312	101,084	84,484	76,671	69,724

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.