Suzuki Motor (7269) AI Stock Analysis

• Market Cap: ¥4.41T
• Dividend Yield: 1.85%
• Average Volume (3M): 5.94M
• Price to Earnings (P/E): 10.6
• Beta (1Y): 1.15
• Revenue Growth: 2.99%
• EPS Growth: 9.99%
• Country: JP
• Employees: 72,372
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 58.88
• Shares Outstanding: 1,964,586,400
• 10 Day Avg. Volume: 5,608,630
• 30 Day Avg. Volume: 5,944,443
• PEG Ratio: 0.27
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 0.60
• P/FCF Ratio: 10.74
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,989.56
• Price Target Upside: 31.93% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 202.52
• Revenue Forecast (FY): ¥6.18T

• Rating: 74 Outperform
• Price Target: ¥2,585.00 ▲(14.08% Upside)
• Action: Reiterated Date: 02/07/26
• Date: Action: Reiterated 02/07/26

The score is driven primarily by strong financial performance (healthy margins, improved scale, and conservative leverage) and supportive valuation (low P/E). This is tempered by mixed technical signals, including negative MACD despite the price holding above key longer-term moving averages.

Positive Factors

Conservative Balance Sheet

Suzuki’s low TTM debt-to-equity (~0.23) and growing equity base provide durable financial flexibility. This conservative leverage supports capital spending, R&D and cyclical resilience without forcing asset sales or abrupt financing, enabling sustained operations across auto cycles.

Stable Profitability and Scale

Healthy gross and operating margins alongside multi-year revenue expansion show structural efficiency from Suzuki’s compact vehicle focus and diversified product lines. Persistent margins and scale support reinvestment capacity, consistent cash generation and competitive positioning in key markets.

Meaningful Free Cash Flow

Sustained positive operating and free cash flow, with recent FCF growth, indicate the business converts a sizable portion of earnings into cash. This underpins ongoing capex, product development and shareholder returns while preserving flexibility to navigate industry investments.

Negative Factors

Moderate Cash Conversion

FCF at ~41% of net income suggests material cash is tied up in working capital or reinvestment needs. This reduces discretionary funding for growth or payouts and increases vulnerability to sudden demand swings or higher capex, constraining long-term financial optionality.

Return Volatility

A modest decline and historical fluctuation in ROE indicate earnings sensitivity to model mix, margins and cyclical demand. Variable returns make planning for strategic investments and predictable shareholder returns harder and raise execution risk over medium term horizons.

Moderating Growth and Margins

Slower recent revenue growth and slight margin easing point to normalization after expansion. Persistently moderating top-line or margin pressure could limit capacity to fund EV/technology transitions and intensify competitive pressures in key markets over 2-6 months.

Suzuki Motor Business Overview & Revenue Model

Company Description

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, all-terrain vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles. The company is also involved in the real estate and housing, solar power generation, and logistics business, as well as provides other services. Suzuki Motor Corporation was founded in 1909 and is headquartered in Hamamatsu, Japan.

How the Company Makes Money

Suzuki generates revenue primarily through the sale of automobiles and motorcycles. Its automotive division offers a range of vehicles, from compact cars to SUVs, catering to diverse consumer needs in various global markets. The company also earns revenue from its motorcycle segment, which produces a variety of models, including scooters and high-performance bikes. In addition to vehicle sales, Suzuki benefits from after-sales services, including maintenance, parts, and accessories. The company has established strategic partnerships with other automakers and suppliers, enhancing its production capabilities and expanding its market reach. Furthermore, Suzuki's focus on fuel-efficient and environmentally friendly vehicles aligns with global trends, potentially leading to increased sales and market share.

Suzuki Motor Financial Statement Overview

Summary

Strong profitability and improved scale with conservative leverage (low debt-to-equity, solid ROE). The main offset is only moderate cash conversion (free cash flow ~41% of net income) and signs of modest near-term growth/margin normalization.

Income Statement

Suzuki shows solid profitability and improving scale. In TTM (Trailing-Twelve-Months), revenue is ~¥6.06T with healthy margins (gross ~25.7%, operating ~11.3%, net ~6.8%). Over the last several years, revenue has expanded meaningfully (from ~¥3.18T in 2021 to ~¥5.83T in FY2025), and earnings improved sharply from FY2024 to FY2025 as net margin moved up (about 5.0% to 7.1%). The main weakness is that the latest TTM growth is modest versus the prior annual pace, and margins eased slightly from FY2025 to TTM, suggesting some near-term normalization.

Balance Sheet

The balance sheet looks conservatively levered for an auto manufacturer. Debt-to-equity is low in TTM (0.23) and has improved versus earlier years (e.g., ~0.46 in FY2021), while equity has grown to ~¥3.30T alongside asset growth to ~¥6.47T. Returns are also solid, with TTM return on equity around 13.0% (down modestly from ~14.0% in FY2025). The key watch-out is that returns have fluctuated across years, and total debt remains sizable in absolute terms (~¥0.75T), so profitability stability matters.

Cash Flow

Cash generation is positive but less clean relative to reported earnings. TTM operating cash flow is ~¥635B and free cash flow ~¥259B, with free cash flow growth strong versus the prior period (+9.3%). However, cash conversion is moderate: free cash flow is only ~41% of net income in TTM (and ~49% in FY2025), indicating working-capital or investment demands can absorb cash. Overall, the company is producing meaningful free cash flow, but variability and conversion vs. earnings keep this from scoring higher.

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	6.06T	5.83T	5.37T	4.64T	3.57T	3.18T
Gross Profit	1.55T	1.57T	1.41T	1.15T	856.43B	866.62B
EBITDA	955.62B	889.31B	696.55B	565.06B	441.74B	382.54B
Net Income	410.74B	416.05B	267.72B	221.11B	160.34B	146.42B
Balance Sheet
Total Assets	6.47T	5.99T	5.76T	4.58T	4.16T	4.04T
Cash, Cash Equivalents and Short-Term Investments	902.17B	842.71B	840.02B	1.00T	1.09T	1.23T
Total Debt	746.54B	757.84B	820.03B	765.75B	676.13B	770.88B
Total Liabilities	2.39T	2.31T	2.37T	2.07T	1.89T	2.00T
Stockholders Equity	3.30T	2.97T	2.72T	2.08T	1.88T	1.69T
Cash Flow
Free Cash Flow	258.89B	325.10B	184.67B	28.35B	30.79B	243.73B
Operating Cash Flow	634.83B	669.78B	501.79B	286.63B	221.26B	415.44B
Investing Cash Flow	-409.78B	-475.61B	-477.40B	-302.67B	-153.51B	-232.99B
Financing Cash Flow	-136.85B	-185.98B	-92.90B	31.57B	-154.62B	302.63B

Suzuki Motor Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2266.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7269, the sentiment is Negative. The current price of 2266 is above the 20-day moving average (MA) of 2259.90, below the 50-day MA of 2293.12, and above the 200-day MA of 2051.12, indicating a neutral trend. The MACD of 12.41 indicates Positive momentum. The RSI at 46.35 is Neutral, neither overbought nor oversold. The STOCH value of 10.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7269.

Suzuki Motor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7269	74 Outperform	¥4.41T	10.58	12.95%	1.85%	2.99%	9.99%
7203	71 Outperform	¥47.65T	12.90	12.89%	2.78%	6.44%	11.88%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
7267	59 Neutral	¥6.30T	12.57	5.23%	4.41%	-0.43%	-26.68%
7270	58 Neutral	¥2.09T	20.55	9.73%	3.61%	1.04%	-31.52%
7261	55 Neutral	$824.81B	94.09	1.72%	4.52%	-0.83%	-75.20%
7201	47 Neutral	¥1.52T	-1.62	-16.69%	―	-3.01%	-755.71%

Suzuki Motor Corporate Events

Suzuki Motor Raises FY2025 Year-End Dividend Forecast on Stronger Earnings Outlook

Suzuki Motor Corporation has revised upward its year-end dividend forecast for the fiscal year ending 2025, following an increase in its full-year earnings outlook. The company now plans to pay a year-end dividend of 24 yen per share, up 1 yen from the prior forecast, bringing the expected annual dividend to 46 yen per share and maintaining its target dividend-on-equity (DOE) ratio of 3.0%. This represents a 5 yen, or 12.2%, increase from the previous fiscal year’s annual dividend, underscoring Suzuki’s commitment to a progressive shareholder return policy. The revised dividend proposal remains subject to approval at the company’s 160th Annual General Meeting of Shareholders scheduled for late June 2026.

The most recent analyst rating on (JP:7269) stock is a Buy with a Yen2284.00 price target. To see the full list of analyst forecasts on Suzuki Motor stock, see the JP:7269 Stock Forecast page.

Suzuki Posts Higher Sales but Lower Profits, Lifts Dividend and Confirms Tougher Outlook

Suzuki Motor Corporation reported a 5.4% year-on-year increase in consolidated revenue to ¥4.52 trillion for the first nine months of fiscal 2025, but operating profit fell 10.6% to ¥429.1 billion and profit attributable to owners of the parent dipped 1.7% to ¥306.4 billion, reflecting margin pressure despite higher sales. Total assets rose to ¥6.47 trillion and equity attributable to owners of the parent improved to ¥3.30 trillion, lifting the equity ratio to 51.1%, while the company raised interim shareholder returns with a higher second-quarter dividend and updated its full-year guidance to revenue of ¥6.2 trillion and profit attributable to owners of the parent of ¥390 billion, both up in sales but down in earnings versus the prior year, signaling continued top-line growth but a more challenging profit environment for stakeholders.

The most recent analyst rating on (JP:7269) stock is a Buy with a Yen2284.00 price target. To see the full list of analyst forecasts on Suzuki Motor stock, see the JP:7269 Stock Forecast page.