SUBARU earnings forecast downward revision Typhoon No. 19 is also affected November 6 15:58
Automaker SUBARU has revised its full-year earnings outlook for the year ending March next year, and operating profit, which represents the main business, is expected to be 40 billion yen less than the previous forecast. In addition to the recall costs, the production of the plant in Gunma Prefecture was temporarily suspended due to the impact of Typhoon No. 19.
SUBARU revised its earnings forecast for the year to March next year in the interim financial results announced on the 6th, and operating profit decreased by 40 billion yen from the forecast as of August to 220 billion yen, the final profit. Is expected to decrease by 47.0 billion yen to 163.0 billion yen.
This is due to an increase in quality-related costs such as recall costs, a revised yen appreciation in the expected exchange rate, and the operation of an automobile assembly plant in Gunma Prefecture due to the impact of Typhoon No. 19 last month. The reason is that it stopped for about 5 days. The stoppage of operation was because the necessary parts could not be secured, which means that the production of about 11,000 units was affected.
At the press conference on the 6th, Tomomi Nakamura, President of SUBARU, said, “I want to see if the factory has resumed operation and can recover in the second half of the year.