Q3 cumulative production volume was 657 thousand units (9.4% YoY decrease) and operating income was 66.3 billion yen (82.0% YoY decrease), both declined. The full-year operating income forecast was downwardly revised to 130 billion yen (67.9% YoY decrease).<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7270","jir_company_name":"SUBARU Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/7270-20260206-03.pdf","jir_short_summary":"Q3 cumulative production volume was 657 thousand units (9.4% YoY decrease) and operating income was 66.3 billion yen (82.0% YoY decrease), both declined. The full-year operating income forecast was downwardly revised to 130 billion yen (67.9% YoY decrease).","jir_summary":"### Overview of Q3 Cumulative Results\nIn the cumulative Q3 period of the fiscal year ending March 2026, production volume was 657 thousand units (9.4% decrease YoY), and consolidated sales volume was 676 thousand units (4.5% decrease YoY). Production and sales volumes declined compared to the previous year due to construction impacts for in-house production of battery EVs. Operating income was 66.3 billion yen (82.0% decrease YoY). While improvements in pricing mix and curtailment of sales incentives contributed positively to profit, the impact of additional U.S. tariffs increased to 216.6 billion yen, and recording of special factor-related expenses led to a significant decline compared to the previous year.\n\n### Full-Year Outlook and Impact of Special Factors\nThe full-year production volume forecast remains at 900 thousand units (4.9% decrease YoY), and consolidated sales volume forecast at 920 thousand units (1.8% decrease YoY). Meanwhile, the operating income forecast was downwardly revised to 130 billion yen (67.9% decrease YoY). The main factors are a 44 billion yen increase in additional U.S. tariffs and 31 billion yen of related expenses due to changes in U.S. environmental regulations. In the standalone Q3, approximately 60 billion yen of special factor expenses were recorded, resulting in a profit decrease.","jir_financial_highlights":"Production Volume: 657 thousand units (9.4% decrease YoY)\nConsolidated Sales Volume: 676 thousand units (4.5% decrease YoY)\nOperating Income: 66.3 billion yen (82.0% decrease YoY)\nFull-Year Production Volume Forecast: 900 thousand units (4.9% decrease YoY)\nFull-Year Consolidated Sales Volume Forecast: 920 thousand units (1.8% decrease YoY)\nFull-Year Operating Income Forecast: 130 billion yen (67.9% decrease YoY)","jir_category":"","jir_hashtags":"#SUBARU, #FinancialResultsBriefing, #JapaneseStocks","jir_key_figures":"Q3 Cumulative Production Volume: 657 thousand units (9.4% decrease YoY)\nQ3 Cumulative Operating Income: 66.3 billion yen (82.0% decrease YoY)\nFull-Year Operating Income Forecast: 130 billion yen (67.9% decrease YoY, downward revision)","jir_meta_title":"SUBARU FY March 2026 Q3 Financial Results: Operating Income at 66.3 Billion Yen, Down 82% YoY","jir_meta_description":"SUBARU's FY March 2026 Q3 results show production volume of 657 thousand units and operating income of 66.3 billion yen, both declined. Full-year operating income forecast revised downward to 130 billion yen due to additional U.S. tariffs and environmental regulation costs.","jir_og_title":"SUBARU Q3 Financial Results Announce Significant Decline in Operating Income","jir_og_description":"In SUBARU's FY March 2026 Q3 results, operating income decreased 82% YoY. The full-year forecast was also revised downward, driven by increased U.S. tariffs and environmental regulation-related expenses.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":7576,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-25109","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n