Suzuki Motor (SZKMF.PK) reported fiscal 2023 profit to owners of parent of 267.7 billion yen, an increase of 21.1% from last year. Earnings per share was 138.39 yen compared to 113.80 yen. Operating profit increased 32.8% to 465.6 billion yen. The company said this was mainly owing to improvement in sales mix/price and increase in sales volume in Japan, Europe and India.
Fiscal 2023 net sales were 5.37 trillion yen, an increase of 15.8% from prior year. Automobile Business generated net sales of 4.88 trillion yen, up 17.3%.
For fiscal 2024, the company forecasts revenue of 5.6 trillion yen, mainly owing to increase in sales volume. Operating profit is projected to be 480.0 billion yen.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.