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Maker of small/compact cars and motorcycles, dominant in India through Maruti Suzuki.
Maker of small/compact cars and motorcycles, dominant in India through Maruti Suzuki.
Profit comes largely from India, where its controlled subsidiary Maruti Suzuki sells the country's most-bought cars and pays Suzuki royalties. The Japanese side adds kei cars, the tax-favoured mini-cars, motorcycles and outboard engines. It has a capital and product alliance with Toyota.
In one line: A small-car specialist with no direct US peer; think a compact-focused Honda.
Moat: narrow (scale, distribution, brand). Dominant small-car market share and distribution network in India via Maruti Suzuki.
Headquarters: Hamamatsu, Japan · Founded: 1909 · Employees: 76,889
Size Suzuki Motor (7269.T) is a Japan Consumer Discretionary company (Motor Vehicles) with a market value of $27.3B, the 62nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,196 on 6 Nov 2026.
Performance Over six months the shares gained 25.6%, against -5.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 14.5% over the last twelve months (peer median +8.0%); the operating margin is 9.0% (peer median 6.4%).
Valuation It trades at 9.1× forward earnings against a peer median of 10.6× (9th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.4 points above its cost of capital (8.1% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥6.60T | ¥6.29T | ¥5.83T | ¥5.36T | ¥4.64T |
| Revenue growth | — | +8% | +9% | +15% | — |
| Gross profit | ¥1.64T | ¥1.60T | ¥1.57T | ¥1.41T | ¥1.15T |
| EBITDA | ¥884B | ¥870B | ¥874B | ¥719B | ¥528B |
| Net income | ¥521B | ¥439B | ¥416B | ¥317B | ¥221B |
| Free cash flow | ¥321B | ¥340B | ¥325B | ¥185B | ¥28.3B |
| Capital expenditure | ¥462B | ¥424B | ¥403B | ¥354B | ¥258B |
| Total debt | ¥752B | ¥788B | ¥758B | ¥828B | ¥766B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Suzuki Motor 7269.T | $27.3B | +26% | +14% | 9% | 9.1× | -0.8% |
| Toyota Motor 7203.T | $251B | +10% | +7% | 7% | 10.6× | n/a |
| Honda Motor 7267.T | $45.2B | +45% | +4% | -1% | 11.7× | 18.2% |
| Tata Motors TMCV.NS | $16.6B | -2% | n/a | 9% | 20.7× | 17.8% |
| HyundaiMtr 005380.KS | $47.5B | -47% | +1% | 5% | 7.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 7269.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.8% | +3.4% | 5th highest of 21 |
| 6-month return | +25.6% | -5.8% | 2nd highest of 21 |
| Distance from 52-week high | -10.1% | -28.1% | 4th highest of 21 |
| Revenue growth (TTM) | +14.5% | +8.0% | 7th highest of 20 |
| Operating margin | 9.0% | 6.4% | 6th highest of 21 |
| Forward P/E | 9.1× | 10.6× | 9th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -0.8% | 15.7% | 4th least demanding of 13 |
| Growth delivered (Del g) | +14.6% | +14.0% | 6th highest of 12 |
| Hurdle (Req g minus delivered) | -15.4 pp | +5.0 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +0.4 pp | -0.4 pp | 9th highest of 20 |
| EV / EBITDA | 5.5× | 13.9× | 2nd cheapest of 14 |
| Net debt / EBITDA | -0.3× | 3.3× | 4th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Suzuki Motor 7269.T | Japan | $27.3B | +26% | +14% | 9% | 9.1× | -0.8% | +14.6% |
| Kia 000270.KS | South Korea | $28.3B | -34% | +8% | 7% | 5.4× | -12.9% | +14.0% |
| Bajaj Auto BAJAJ-AUTO.NS | India | $31.7B | +3% | +48% | 19% | 24.0× | 27.3% | +17.4% |
| TVS Motor TVSMOTOR.NS | India | $22.6B | +21% | +34% | 12% | 42.5× | n/a | n/a |
| Eicher Motors EICHERMOT.NS | India | $22.3B | +5% | +28% | 21% | 33.0× | 36.0% | +21.8% |
| Daimler Truck DTG.DE | Germany | $34.7B | -1% | -14% | 5% | 10.6× | 9.8% | +4.8% |
| Geely Auto 0175.HK | Hong Kong | $20.1B | -34% | +27% | 4% | 6.5× | -9.3% | +29.3% |
| Rivian Automotive RIVN | United States | $19.9B | -4% | +11% | -53% | n/a | n/a | n/a |
| Volkswagen VOW.DE | Germany | $39.1B | -24% | -3% | 7% | 5.5× | n/a | n/a |
| Traton 8TRA.DE | Germany | $18.9B | +2% | +1% | 6% | 6.1× | n/a | n/a |
| Bayerische Motoren Werke BMW.DE | Germany | $40.3B | -22% | -6% | 6% | 9.7× | n/a | n/a |
| Hyundai Motor India HYUNDAI.NS | India | $18.3B | +16% | +8% | 7% | 33.0× | 26.6% | +11.8% |
| SAIC Motor 600104.SS | China | $17.8B | -24% | -3% | 2% | 11.9× | -14.7% | -2.4% |
| Chery Automobile 9973.HK | Hong Kong | $17.8B | -22% | +11% | 5% | 5.8× | n/a | n/a |
| Maruti Suzuki India MARUTI.NS | India | $42.3B | -7% | +30% | 7% | 30.1× | 27.7% | +21.1% |
| Mahindra & Mahindra M&M.NS | India | $43.1B | -2% | +26% | 15% | 24.0× | 13.6% | +21.5% |
| Stellantis STLAP.PA | France | $17.0B | -40% | -2% | -14% | 8.2× | n/a | n/a |
| Mercedes-Benz MBG.DE | Germany | $44.9B | -19% | -7% | 5% | 7.9× | 4.5% | +1.7% |
| Tata Motors TMCV.NS | India | $16.6B | -2% | n/a | 9% | 20.7× | 17.8% | n/a |
| Honda Motor 7267.T | Japan | $45.2B | +45% | +4% | -1% | 11.7× | 18.2% | +10.6% |
| HyundaiMtr 005380.KS | South Korea | $47.5B | -47% | +1% | 5% | 7.3× | n/a | n/a |