Kanadevia Corporation will transfer its all-solid-state battery business to Suzuki Motor Corporation on July 1, 2026, and plans to record approximately 7.4 billion yen as extraordinary income from the business transfer gain in the second quarter of the fiscal year ending March 2027.
For the third quarter of the fiscal year ending March 2026, revenue was JPY 4,516.6 billion (5.4% Year-over-Year increase), operating income was JPY 429.1 billion (10.6% Year-over-Year decrease), and net income attributable to owners of parent for the quarter was JPY 306.4 billion (1.7% Year-over-Year decrease).
The year-end dividend forecast for the fiscal year ending March 2026 is increased to 24 yen per share, raising the full-year dividend forecast to 46 yen (12.2% increase YoY). The DOE is expected to be 3.0%.
Suzuki Motor Corporation is scheduled to receive approximately 41.8 billion yen in dividends from its consolidated subsidiary, Maruti Suzuki India Limited, in early September 2025.