Isuzu reports mixed first half FY2026 results: revenue up, profit down

Isuzu Motors Limited announced consolidated financial results for the six months ended September 30, 2025, reporting a 5.4% increase in revenue to JPY1,637,309 million, up from JPY1,553,534 million in the prior year period. Despite this growth, operating profit decreased by 21.1% to JPY104,649 million, down from JPY132,633 million. Profit before tax also fell by 14.8% to JPY117,386 million, and profit attributable to owners of parent decreased by 11.1% to JPY69,823 million. Basic earnings per share were JPY98.76, a decrease from JPY105.10.

Total assets grew by JPY93.9 bn to JPY3,397,203 million as of September 30, 2025, driven by increases in inventories and property, plant and equipment. Equity attributable to owners of parent rose to JPY1,403,520 million, with the ratio of equity attributable to owners of parent to total assets standing at 41.3%. The company maintains its full-year consolidated earnings forecast for FY2026, anticipating revenue of JPY3,300,000 million and profit attributable to owners of parent of JPY130,000 million, with an annual dividend of JPY92 per share (interim JPY46, year-end JPY46).