Suzuki Q3 Report 2022

Suzuki Announces Financial Results for FY2022 Third Quarter (April to December 2022)
– Net sales and profit increased year-on-year for April-December period, mainly owing to improvement in sales mix/price, increase in volume, and the impact of the exchange rates.
– Full year forecast revised upward.

Outline of Financial Results for FY2022 October-December period

Net sales increased by ¥294.6 billion (32.7%) YoY to ¥1,195.3 billion, mainly owing to increase in volume and the impact of the exchange rates. Operating profit increased by ¥55.1 billion (115.9%) YoY to ¥102.6 billion, mainly owing to increase in sales which offset the impact of higher raw material prices. Ordinary profit increased by ¥50.6 billion (91.0%) YoY to ¥106.3 billion, and profit attributable to owners of parent increased by ¥33.0 billion (93.7%) YoY to ¥68.3 billion.