Japan
Sustainability Report 2023Growth Strategy for FY2030
<Net sales target>
Consolidated net sales for FY2022 is ¥4.6 trillion, which is growing at a pace to exceed the ¥4.8 trillion target for FY2025 set in the mid-term management plan. We would like to grow in line with the emerging countries by contributing to their growth. We will take on the challenge to double the FY2021 net sales result of ¥3.5 trillion to ¥7 trillion in FY2030.
Suzuki Mid-Term Management Plan
Assure people’s “means of mobility”
Mini vehicles in Japan function as local transportation and are an indispensable means of living.
As a mobility company, Suzuki contributes to the environment providing small products worldwide.
Emerging economies continue to be a pillar of growth
Providing economical and quality products and services to customers in emerging countries.
Emerging economies are seen as a pillar of Suzuki’s future growth, anticipating their mid- to long-term development.
■ Management performance targets
| FY2021 Results | FY2022 Results | FY2025 Target | ||
|---|---|---|---|---|
| Performance | Net sales | ¥3.5684 trillion | ¥4.6416 trillion | ¥4.8 trillion |
| Operating profit margin | 5.4% | 7.6% | 5.5％ | |
| Shareholder return | ROE | 9.0% | 11.2% | 8% |
| Payout ratio | 27.6% | 22.0% | 30% | |
| Investment | R&D | ¥160.7 billion | ¥205.6 billion | ¥1 trillion/5 years (¥200 billion/year) |
| Capital expenditures | ¥189.4 billion | ¥269.9 billion | ¥1.2 trillion/5 years (¥240 billion/year) |
|
| Global sales | Automobiles | 2.71 million units | 3.0 million units | 3.7 million units |
| Motorcycles | 1.63 million units | 1.86 million units | 2 million units |
Note: Exchange rate assumptions: US $1 = ¥104, 1 Euro = ¥124, 1 INR = ¥1.42
■ Global sales target
Automobiles
(10,000 units)
Motorcycles
(10,000 units)
Financial
■ Net sales by geographic region
(Million yen)
■ Net sales by segment
(Million yen)
- * Since FY2019, Marine + Others has been separately disclosed as Marine and Others.
■ Operating profit
(Million yen)
■ Profit attributable to owners of parent
(Million yen)
■ Dividends
(¥)
■ Capital expenditure / Depreciation and amortization
(Million yen)
■ R&D expenses
(Million yen)
■ Total assets / Net assets / Shareholders’ equity ratio
(Million yen)
■ Cash flows
(Million yen)
■ Automobile sales
(Thousand units)
■ Motorcycle sales
(Thousand units)
