Subaru (7270 JT) 9-month (JPY) net 83.1bln (prev. 317.4bln Y/Y)
Subaru's reported net income of 83.1 billion JPY for the nine months marks a significant decline from 317.4 billion JPY year-on-year, suggesting challenges in profitability.
RBI maintains Repurchase Rate at 5.25%, as expected, via unanimous decision and maintains neutral policy stance
AGC (5201 JT) FY (JPY) net 69.2bln (prev. loss 94.0bln Y/Y)
Subaru (7270 JT) 9-month (JPY) net 83.1bln (prev. 317.4bln Y/Y)
Kobe Steel (5406 JT) 9-month (JPY) net 84.3bln (prev. 116.9bln Y/Y)
ITOCHU (8001 JT) 9-month (JPY) net 705.3bln (prev. 676.5bln), Co. announces up to JPY 20bln stock buyback
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The sharp drop could force reevaluation of their guidance and may impact investor sentiment, particularly if this trend reflects broader issues within the automotive sector or supply chain disruptions.
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