november 03, 2017 - Suzuki Auto

Suzuki Announces the Financial Results for FY2017 Second Quarter (April 2017 to September 2017)

Outline of the Financial Results for FY2017 Second Quarter The consolidated net sales of this second quarter (April 2017 to September 2017) increased by ¥332.1 billion (22.2%) to ¥1,831.1 billion compared to the corresponding period of the previous fiscal year. The Japanese domestic net sales increased by ¥34.8 billion (7.0%) to ¥531.4 billion year-on-year mainly owing to increase in minivehicle sales. The overseas net sales increased by ¥297.3 billion (29.7%) to ¥1,299.7 billion year-on-year mainly owing to increase in automobile and motorcycle sales in markets including India and Europe. In terms of the consolidated income, the operating income increased by ¥57.4 billion (49.7%) to ¥172.9 billion year-on-year mainly owing to improvement in profit in Japan, Asia, and Europe. The ordinary income increased by ¥65.1 billion (53.4%) to ¥186.9 billion year-on-year. The net income attributable to owners of the parent increased by ¥4.3 billion (4.3%) to ¥104.2 billion year-on-year. The interim cash dividends will be up by ¥8.00 per share from the previous forecast to ¥30.00 per share (previous interim cash dividends were ¥17.00 per share), since the second quarter results exceeded the forecasts made in the beginning of the fiscal year. The year-end cash dividends will also be up by ¥8.00 per share from the previous forecast to ¥30.00 per share. 

More information on the press release

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