Suzuki on the 5th revised upward its consolidated net profit forecast for the fiscal year ending March 2027 to 420 billion yen, from the previous 380 billion yen. Meanwhile, citing that surging raw material prices due to the impact of the Middle East situation will outweigh profit-boosting factors, it lowered its operating profit forecast by 30 billion yen to 540 billion yen. The company's consolidated net profit forecast exceeded the average estimate of 403.4 billion yen from 17 analysts compiled by IBES.
Suzuki Motor Corp.Raised full-year net profit forecast to 420 billion yen, above analyst estimates.
Suzuki Co., Ltd.