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Subaru Corp (7270.T)

7270.T on Tokyo Stock Exchange

27 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Subaru Of America Inc reports August sales of 60,418 vehicles, up 14.7 pct
Thursday, 1 Sep 2016 01:05pm EDT 

Subaru Of America Inc:Subaru Of America Inc reported 60,418 vehicle sales for august 2016, a 14.7 percent increase over August 2015 sales of 52,697 vehicles.  Full Article

Changchai to buy 67 pct stake in JV from Fuji Heavy Industries
Thursday, 1 Sep 2016 02:54am EDT 

Changchai Co Ltd <000570.SZ> : Says it plans to buy a 67 percent stake in a Changzhou-based gasoline engine maker (joint venture) from Fuji Heavy Industries Ltd <7270.T>, for 26.3 million yuan .Says the co to hold a 100 percent stake in JV up from 33 percent after the transaction.  Full Article

Fuji Heavy Industries'Group operating profit fell 25% on the year for April-June qtr- Nikkei
Thursday, 28 Jul 2016 01:01pm EDT 

: Fuji Heavy Industries' Group operating profit fell 25% on the year for the April-June quarter- Nikkei . Fuji Heavy Industries' Group plans to book 30 bln yen in losses during the year ending in March involving recall of Takata air-bag inflators- Nikkei . Fuji Heavy Industries' Group most of 30 bln yen losses from recall of Takata air-bag inflators will be booked in the April-June period - Nikkei .Fuji Heavy Industries' Group expected to retain forecast of 25.7% growth in operating profit to 420 bln yen for the year ending in March 2017 - Nikkei.  Full Article

R&I affirms Fuji Heavy Industries Ltd's rating at "A-" and announces stable outlook -R&I
Thursday, 14 Jul 2016 02:00am EDT 

Fuji Heavy Industries Ltd <7270.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.  Full Article

Fuji Heavy recalls vehicles in Japan over Takata air bags
Thursday, 30 Jun 2016 01:48am EDT 

Fuji Heavy Industries <7270.T>: Fuji Heavy Industries: Recalling vehicles to replace Takata air bag inflators . Recalls around 290,000 vehicles in Japan including Subaru Legacy Further company coverage: <7270.T> (Reporting by Naomi Tajitsu) ((naomi.tajitsu@thomsonreuters.com;)).  Full Article

Subaru maker to boost sales incentives on U.S. cars - Nikkei
Thursday, 16 Jun 2016 01:03pm EDT 

Nikkei:Subaru maker Fuji Heavy Industries will raise by 22% amount spent on sales incentives in U.S. to $1,100 per vehicle for FY ending next March - Nikkei.  Full Article

Fuji Heavy Industries plans to change name into SUBARU CORPORATION
Thursday, 12 May 2016 12:25am EDT 

Fuji Heavy Industries Ltd <7270.T> :Says it plans to change its name into SUBARU CORPORATION from Fuji Heavy Industries Ltd with effective date on April 1, 2017.  Full Article

Fuji Heavy Industries global sales for fiscal 2015 likely topped 950,000 units - Nikkei
Wednesday, 11 May 2016 02:23pm EDT 

Nikkei: Fuji Heavy is raising global sales volume target for fiscal 2020 to more than 1.2 mln vehicles, increase of 100,000 units from previous outlook- Nikkei . Fuji Heavy Industries global sales for fiscal 2015 likely topped 950,000 units - Nikkei . By the end of 2016, Fuji Heavy will double production capacity at its U.S. plant to around 400,000 vehicles a year - Nikkei .Fuji Heavy Industries Ltd's sales in North America alone are seen at around 630,000 vehicles for fiscal 2015 - Nikkei.  Full Article

Fuji Heavy Industries Ltd ecalling over 80,000 Subaru vehicles in Japan - Reuters News
Wednesday, 16 Mar 2016 12:32pm EDT 

Fuji Heavy Industries Ltd:Fuji Heavy Industries said on Thursday it is recalling more than 80,000 Subaru vehicles in Japan over issues with parking brakes and engine ducts. - RTRS.Roughly 64,000 vehicles produced in 2014-2015, including the Levorg sports wagon, WRX sports sedan and Legacy sedan, have issues with parking brakes, the company said.Separately, around 17,000 vehicles produced in 2015, including the Forester crossover model and the Levorg, WRX and Legacy, are being recalled over faulty engine ducts.Fuji Heavy said it expected models exported overseas would also be included in the recall, without giving further details.  Full Article

Fuji Heavy Industries amends consolidated full-year outlook for FY 2016
Wednesday, 23 Dec 2015 10:00pm EST 

Fuji Heavy Industries Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Confirmed the revenue at 3,210,000 million yen.Confirmed the operating profit forecast at 550,000 million yen.Confirmed the ordinary profit forecast at 547,000 million yen.Net profit forecast increased to 414,000 million yen from 372,000 million yen.Earnings per share forecast increased to 530.51 yen from 476.69 yen.Comments that extraordinary profit of about 48.2 bln yen is the main reason for the forecast.  Full Article

More From Around the Web

Russia's standards agency says Subaru recalls 24,480 cars

MOSCOW, June 21 Japanese automaker Subaru is recalling 24,480 Subaru Impreza and Subaru Forester cars sold in Russia between September 2007 and October 2010, Russian standards agency Rosstandart said on Wednesday.