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Consumer Durables

Suzuki Motor Corp.

Business Summary

Suzuki Motor Corp. engages in the research, development, design, manufacture, sale, and distribution of motorcycles, passenger cars, commercial vehicles and special machines. It operates through the following segments: Motorcycles, Automobiles and Special Machines. The Motorcycles segment produces and merchandises motorcycles and all terrain vehicles. The Automobiles segment manufactures and sells mini, sub-compact, and standard-sized vehicles. The Special Machines segment includes special and industrial machines such as outboard motors, snowmobile engines, electro-senior vehicles; and houses. The company was founded by Michio Suzuki in October 1909 and is headquartered in Hamamatsu, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit1,149.93B8,485.48M
Operating income350,552M2,586.76M
Income before tax381,036M2,811.71M
Net income221,108M1,631.58M
Diluted EPS455.183.35
Dividends Per Share1000.73
Total Assets4,577.71B34,395.61M
Total liabilities2,069.08B15,546.53M
Total equity2,078.05B15,613.93M
Operating cash flow286,626M2,115.04M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 3,871.49B 3,488.43B 3,178.20B 3,568.38B 4,641.64B
Gross Profit 1,132.55B 973,654M 866,617M 856,433M 1,149.93B
Operating income 324,380M 215,069M 194,433M 191,461M 350,552M
Income before tax 298,390M 246,027M 241,064M 274,278M 381,036M
Net income 178,759M 134,222M 146,422M 160,346M 221,108M
EBITDA 473,089M 379,362M 330,978M 352,966M 527,834M
Diluted EPS 395.19 286.32 301.60 330.17 455.18
Dividends Per Share 74 85 90 91 100
Total Assets 3,401.97B 3,339.78B 4,036.36B 4,155.15B 4,577.71B
Total liabilities 1,686.05B 1,546.13B 2,004.39B 1,891.47B 2,069.08B
Total equity 1,392.60B 1,487.66B 1,687.59B 1,878.26B 2,078.05B
Operating cash flow 383,437M 171,533M 415,439M 221,259M 286,626M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 34,911.47M 32,084.69M 29,966.87M 31,754.87M 34,251.26M
Gross Profit 10,212.86M 8,955.13M 8,171.20M 7,621.36M 8,485.48M
Operating income 2,925.11M 1,978.08M 1,833.28M 1,703.80M 2,586.76M
Income before tax 2,690.75M 2,262.82M 2,272.95M 2,440.78M 2,811.71M
Net income 1,611.97M 1,234.50M 1,380.59M 1,426.91M 1,631.58M
EBITDA 4,266.11M 3,489.16M 3,120.74M 3,141.03M 3,894.95M
Diluted EPS 3.56 2.63 2.84 2.93 3.35
Dividends Per Share 0.66 0.78 0.84 0.80 0.73
Total Assets 30,735.60M 30,936.80M 36,528.14M 34,234.01M 34,395.61M
Total liabilities 15,232.87M 14,322.00M 18,139.30M 15,583.75M 15,546.53M
Total equity 12,581.69M 13,780.43M 15,272.33M 15,474.92M 15,613.93M
Operating cash flow 3,457.66M 1,577.66M 3,917.11M 1,968.97M 2,115.04M

Valuation Measures

Mar 2023
Operating margin7.55%
Profit margin4.76%

Key executives

  • President & Representative Director: Toshihiro Suzuki
  • Representative Director & Technical Supervisor: Osamu Honda
  • Director, VP, Head-Production & Technology: Toshiaki Hasuike
  • Director & Senior Managing Executive Officer: Kinji Saito
  • Director & Head-Personnel: Masahiko Nagao


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  • Mitsubishi UFJ Financial Group, Inc. (3.2%)
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  • The Vanguard Group, Inc. (2.4%)
  • Shizuoka Financial Group, Inc. (2.3%)
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  • Fidelity Management & Research Co. LLC (1.8%)

Contact Details

  • Website:
  • Address: 300 Takatsuka-cho, Minami-Ku, Hamamatsu, 432-8611, Japan
  • Phone: +81.53.440.2061

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Last Updated on 6 Jun, 2023

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