Subaru Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	4,821,719	4,784,965	4,685,763	4,702,947	3,774,468	2,744,520
Revenue Growth	0.29%	2.12%	-0.36%	24.60%	37.53%	-3.03%
Cost of Revenue	4,137,760	4,065,478	3,705,419	3,710,521	3,037,993	2,240,595
Gross Profit	683,959	719,487	980,344	992,426	736,475	503,925
Selling, General & Admin	377,827	309,456	352,494	332,424	308,535	272,700
Research & Development	172,281	169,424	142,448	113,508	114,400	103,587
Other Operating Expenses	127,696	152,751	33,500	35,013	8,826	3,208
Operating Expenses	677,804	672,498	567,298	516,626	465,241	409,931
Operating Income	6,155	46,989	413,046	475,800	271,234	93,994
Interest Expense	-94	-6,215	-4,110	-2,525	-2,134	-1,775
Interest & Investment Income	84,226	61,649	70,581	55,482	26,839	7,078
Earnings From Equity Investments	137	166	10	-899	141	-1,310
Currency Exchange Gain (Loss)	-	12,956	-34,938	17,114	-8,752	7,505
Other Non Operating Income (Expenses)	-	642	-236	-67	718	3,304
EBT Excluding Unusual Items	90,424	116,187	444,353	544,905	288,046	108,796
Gain (Loss) on Sale of Investments	-	5,909	-2,177	5,290	-10,051	1,864
Gain (Loss) on Sale of Assets	-	-7,690	-8,053	-7,006	-980	-5,079
Asset Writedown	-	-6,937	14,384	-10,615	5,187	1,391
Legal Settlements	-	-	-	-	-3,836	-
Pretax Income	90,424	107,469	448,507	532,574	278,366	106,972
Income Tax Expense	5,165	16,564	110,355	148,004	79,282	36,376
Earnings From Continuing Operations	85,259	90,905	338,152	384,570	199,084	70,596
Minority Interest in Earnings	-72	-63	-90	514	1,347	-589
Net Income	85,187	90,842	338,062	385,084	200,431	70,007
Net Income to Common	85,187	90,842	338,062	385,084	200,431	70,007
Net Income Growth	-72.42%	-73.13%	-12.21%	92.13%	186.30%	-8.50%
Shares Outstanding (Basic)	719	724	738	756	767	767
Shares Outstanding (Diluted)	719	724	738	756	767	767
Shares Change	-1.95%	-1.93%	-2.40%	-1.40%	0.01%	0.01%
EPS (Basic)	118.44	125.50	458.03	509.20	261.33	91.28
EPS (Diluted)	118.43	125.49	458.00	509.18	261.32	91.28
EPS Growth	-71.87%	-72.60%	-10.05%	94.85%	186.27%	-8.51%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	42,336	123,861	321,275	579,518	368,762	94,400
Free Cash Flow Per Share	58.86	171.10	435.25	766.26	480.79	123.09
Dividend Per Share	115.500	115.500	115.000	86.000	76.000	56.000
Dividend Growth	0.43%	0.43%	33.72%	13.16%	35.71%	0%
Gross Margin	14.19%	15.04%	20.92%	21.10%	19.51%	18.36%
Operating Margin	0.13%	0.98%	8.82%	10.12%	7.19%	3.43%
Profit Margin	1.77%	1.90%	7.22%	8.19%	5.31%	2.55%
Free Cash Flow Margin	0.88%	2.59%	6.86%	12.32%	9.77%	3.44%
EBITDA	293,683	318,095	645,587	693,580	511,040	318,049
EBITDA Margin	6.09%	6.65%	13.78%	14.75%	13.54%	11.59%
D&A For EBITDA	287,528	271,106	232,541	217,780	239,806	224,055
EBIT	6,155	46,989	413,046	475,800	271,234	93,994
EBIT Margin	0.13%	0.98%	8.82%	10.12%	7.19%	3.43%
Effective Tax Rate	5.71%	15.41%	24.61%	27.79%	28.48%	34.01%
Advertising Expenses	-	103,372	108,312	101,084	84,484	76,671