TOKYO, May 11 (Pulse News Wire) – Subaru Corporation (7270.T) revised its fiscal year 2026 (April 1, 2025 to March 31, 2026) earnings forecast, citing reduced sales volumes and changes in U.S. environmental regulations.
According to the updated figures, the company now expects revenue of ¥4.78 trillion million yen, operating profit of ¥40.00 billion, pre-tax income of ¥107.0 billion, and net profit attributable to owners of -¥90.00 billion. This represents decreases of -0.4%, -69.2%, -40.6%, and -28.0% respectively compared to previous estimates. The primary factors behind the downward revision include a decline in vehicle sales due to severe winter conditions in the United States and disruptions in overseas shipping caused by tensions in the Middle East.
Additionally, the relaxation of U.S. auto emission standards prompted a reassessment of long-term demand forecasts for electric vehicles, leading to impairment losses on battery EV development assets. Subaru noted that related expenses associated with this reassessment have been accounted for based on currently available information.
The company also stated there would be no adjustments to dividend expectations.
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