LATEST RESULTS HIGHLIGHTS

The Latest Financial Results

FY March 2026 Financial Results were announced on May 12, 2026

FY March 2026 Results

(Billion Yen)	FY March 2025	FY March 2026	Change from Previous Year		Change from Feb. Forecast
	Full Year	Full Year	Full Year	Full Year	Full Year
Global Sales Volume (Thousand Units)	1,303	1,223	-80	-6%	-57
Consolidated Wholesales (Thousand Units)	1,219	1,147	-72	-6%	-25
Net Sales	5,018.9	4,918.2	-100.7	-2%	+98.2
Operating Income	186.1	51.6	-134.5	-72%	+1.6
Ordinary Income	189.0	131.8	-57.2	-30%	+53.8
Net Income	114.1	35.1	-79.0	-69%	+15.1
Operating Return on Sales	3.7%	1.0%	-2.7pts		0pts
EPS(Yen)	181.0	55.6	-125.4		+23.9
Exchange Rate (Yen) US Dollar Euro Thai Baht Mexican Peso	153 164 4.38 8.02	151 175 4.67 8.16	-2 +11 +0.29 +0.14		0 +1 +0.03 +0.09

*Net income indicates net income attributable to owners of the parent

For the fiscal year ended March 31, 2026 (April 1, 2025 through March 31, 2026), global sales volume was 1,223,000 units, down 6% year on year. This is mainly reflecting a decline in the U.S. market due to the curtailment of production of the Mexico‑made CX‑30, which bears a heavy tariff burden.

Consolidated wholesale volume was 1,147,000 units, down 6% year on year, reflecting the aggressive sales plan, as well as external factors like the situation in the Middle East. Net sales were ¥4,918.2 billion, down 2% from the prior year, operating income was ¥51.6 billion, down 72%, and net income was ¥35.1 billion, down 69%.

Average exchange rates for the period were ¥151 to the U.S. dollar, ¥2 stronger from the prior year and ¥175 to the euro, ¥11 weaker from the prior year.

While we didn’t fully achieve our overall sales targets, operating income and net income exceeded our prior forecasts.
In the first fiscal half, we experienced an operating loss caused by tariffs, but the second half marked a dramatic turnaround and returned to profitability. External factors also contributed, but steady cost reduction efforts, improved volume and mix, and improvement in per-unit profitability have clearly strengthened our business.

FY March 2027 FORECAST

(Billion Yen)	FY March 2026	FY March 2027	Change from Previous Year
	Full Year	Full Year	Full Year
Global Sales Volume (Thousand Units)	1,223	1,324	+102	+8%
Consolidated Wholesales (Thousand Units)	1,147	1,233	+86	+8%
Net Sales	4,918.2	5,500.0	+581.8	+12%
Operating Income	51.6	150.0	+98.4	+191%
Ordinary Income	131.8	140.0	+8.2	+6%
Net Income	35.1	90.0	+54.9	+157%
Operating Return on Sales	1.0%	2.7%	1.7pts
EPS(Yen)	55.6	142.7	87.1
Exchange Rate (Yen) US Dollar Euro Thai Baht Mexican Peso	151 175 4.67 8.16	155 180 4.80 8.89	+4 +5 +0.13 +0.73

*Net income indicates net income attributable to owners of the parent

For the fiscal year ending March 31, 2027 (April 1, 2026 through March 31, 2027), the full year forecast for global sales is 1,324,000 units, up 8% year on year. Underpinning the growth forecast are the rollout of new CX-5 globally, as well as ramp-up of battery electric models in Europe and other markets where EV share is growing.

Consolidated wholesales volume is 1,233,000 units, up 8% year on year.

Net sales are ¥5,500 billion, up 12% from the prior year, and operating income is ¥150 billion, up 191%, net income is ¥90 billion, up 157%.

Our exchange rate assumptions are ¥155 to the US dollar, ¥4 weaker from the prior year, and ¥180 to the euro, ¥5 weaker from the prior year.

Leveraging the new CX-5, we will pursue offensive, product-led growth for FY March 2027. Also, we continue intense efforts for cost reduction for both variable and fixed costs. Despite various uncertainties such as geopolitical risks, tariffs, and rising raw material prices, we aim to achieve substantial volume and profit growth this year.