Isuzu reports strong sales growth despite profit dip

Isuzu Motors Limited announced its consolidated financial results for the six months ended September 30, 2025, showing a 5.4% increase in revenue to JPY 1,637,309 million compared to the previous fiscal year. Operating profit decreased by 21.1% to JPY 104,649 million, attributed to negative impacts from foreign exchange effects, market mix deterioration, U.S. tariffs, and rising material costs, which outweighed positive impacts from increased unit sales.

Total vehicle sales for the period rose by 13.6% to 280,364 units. Domestic vehicle unit sales increased by 8.3% to 39,255 units, while overseas unit sales for commercial vehicles (CVs) grew by 12.8% to 115,707 units. Light commercial vehicles (LCVs) also saw significant growth, up 18.7% to 125,402 units, primarily due to increased sales in Africa and Oceania.

The company's full-year consolidated earnings forecast for FY2026 remains unchanged, with projected revenue of JPY 3,300,000 million and operating profit of JPY 210,000 million. Isuzu also confirmed its annual dividend of JPY 92 per share, comprising an interim dividend of JPY 46 and a year-end dividend of JPY 46.