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TYO:7269

4 stories mentioning TYO:7269

Every FINWIRES story that references TYO:7269, newest first.

Asia

Toyota Takes Stake in Tier IV as Autoware Maker Plans Japan IPO

Toyota (TYO:7203) via Toyota Invention Partners is taking a stake in Japanese self-driving systems-focused startup Tier IV, according to the company's securities filing for its planned IPO on the Tokyo Stock Exchange Growth Market.The filing also revealed that Toyota, along with other Japanese corporations that are existing shareholders, entered into a 180-day lock-up agreement following the listing.The other shareholders include SOMPO (TYO:8630), Yamaha Motor (TYO:7272), Suzuki Motor (TYO:7269), Bridgestone (TYO:5108), Mitsubishi Corp. (TYO:8058), Sony Group (TYO:6758) and JR Central.Tier IV develops the open-source Autoware autonomous driving software and offers three core services, namely Mobility, Development, and Solution Services.The IPO is being jointly managed by Mitsubishi UFJ Morgan Stanley, Morgan Stanley MUFG, and SMBC Nikko, with a target listing date between July and December.

SHA:688272TYO:1871TYO:5108TYO:6758TYO:7203TYO:7269TYO:7272TYO:8058TYO:8630
Asia

Market Chatter: Suzuki Poised to Overtake Honda as Japan's No. 2 Carmaker

Suzuki Motor (TYO:7269) is on track to overtake Honda Motor (TYO:7267) as Japan's second-largest automaker by global vehicle sales this fiscal year, driven by strong growth in India, Nikkei reported Friday.Suzuki forecasts automobile sales of 3.6 million units for the year ending March 2027, up 7%, compared with Honda's projection of 3.3 million units, according to the report.India is fueling Suzuki's expansion and is expected to account for about 60% of its global sales volume. The company has also avoided pressure from the U.S. tariff market and intensifying electric-vehicle competition in China, where several Japanese rivals are struggling, the report said.Suzuki posted record fiscal 2025 net profit of 439.2 billion yen on revenue of 6.29 trillion yen, though it expects profit to fall 13% this fiscal year due to higher raw material costs and Middle East-related risks, according to the report.Competition in India is intensifying as Honda and Toyota Motor (TYO:7203) expand in the market. Honda plans to launch new compact and midsize models from 2028, while Toyota aims to raise India production to 1 million units in the 2030s, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:7203TYO:7267TYO:7269
Asia

Suzuki Motor's Attributable Profit Up 5.6% in Fiscal Year 2025

Suzuki Motor's (TYO:7269) profit attributable to owners of the parent rose 5.6% to 439.27 billion yen for fiscal year 2025 from 416.05 billion yen a year earlier.The automobile company's earnings per share increased to 227.66 yen from 215.65 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue jumped 8% to 6.293 trillion yen for the period ended March 31 from 5.825 trillion yen in the prior year.The company also declared a final dividend of 24 yen per share, payable from June 26, compared with 21 yen a year ago.For the fiscal year 2026, the company expects attributable profit of 380 billion yen, EPS of 196.97, and revenue of 6.8 trillion yen. Suzuki plans to pay per-share interim and year-end dividends of 25.00 yen and 26 yen, respectively, for the year, totaling 51 yen per share, which is higher than the 46 yen paid in the year-ago period.

TYO:7269
Suzuki Motor Posts Record Profit in Fiscal 2025 Despite Rising Costs
US Markets

Suzuki Motor Posts Record Profit in Fiscal 2025 Despite Rising Costs

Suzuki Motor's (TYO:7269) fiscal 2025 attributable profit grew to a record high despite booking lower operating profit amid rising raw material costs, as well as human resources and technological investments.The Japanese vehicle manufacturer logged an attributable profit of 439.3 billion yen, up 5.6% from 416.1 billion yen in fiscal 2024. The figure jumped for the sixth consecutive period, the company said.Diluted earnings per share grew to 227.66 yen from 215.65 yen.Suzuki Motor's revenue increased 8% to 6.293 trillion yen from 5.825 trillion yen a year earlier.Market conditions in India influenced the topline after the country revised its goods and services tax, driving the company to adjust production and logistics in the country to cope with demand.Revenue in the automobile segment jumped 7.6% year over year to 5.706 trillion yen, but its operating profit slipped 3.5% to 547.6 billion yen.Its motorcycle segment grew 14% to 454.5 billion yen, while operating profit increased 9.7% to 44.8 billion yen on strong sales in India and Colombia.Suzuki Motor's marine business grew its revenue by 8.9% to 119.5 billion yen, but its operating profit slid 13% to 26.6 billion yen due to U.S. tariff impacts.Global automobile sales volume jumped 2.4% to 3.3 million units, with stronger sales in India, Pakistan, and Africa, while its motorcycle sales widened by 9.5% to 2.3 million units, thanks to stronger performance in India and Latin America.Operating profit slid 3.1% year over year to 622.9 billion yen from 642.9 billion yen on investments in human resources and technology.For fiscal 2027, the company expects attributable profit to fall 14% to 380 billion yen or 196.67 yen per share, as it expects the war in the Middle East to bear "significant risk" on its production.Revenue is predicted to grow 8.1% to 6.800 trillion yen, but operating profit could slide 8.5% to 570 billion yen.The company plans to pay a year-end dividend of 24 yen per share, with the total dividend for fiscal 2025 reaching 46 yen.For fiscal 2026, Suzuki Motor plans to pay a dividend of 51 yen per share.

TYO:7269