- April 1 2025 through December 31 2025 -
Unit: JPY in billion Volume in thousand units Fraction less than half omitted
% of change from the same period last year
FY2025-Q3 April '24 to December '24 〔IFRS〕 | FY2026-Q3 April '25 to December '25 〔IFRS〕 | FY2026 Forecast April '25 to March '26 〔IFRS〕 | |||
Revenue: | 2,384.5 | 2,511.5 | +5.3% | 3,300.0 | +2.0% |
Japan | 918.7 | 996.6 | +8.5% | 1,330.0 | +4.3% |
Overseas | 1,465.9 | 1,514.9 | +3.3% | 1,970.0 | +0.5% |
Operating Profit | 196.8 | 172.5 | -12.4% | 210.0 | -8.5% |
[ % to Revenue] | [8.3%] | [6.9%] | [6.4%] | ||
Profit before Tax | 208.3 | 195.6 | -6.1% | 220.0 | -10.2% |
[ % to Revenue] | [8.7%] | [7.8%] | [6.7%] | ||
Profit Attributable to Owners of Parent | 122.6 | 121.2 | -1.1% | 130.0 | -7.2% |
[ % to Revenue] | [5.1%] | [4.8%] | [3.9%] | ||
Operating Profit: | Profit increase due to: | Profit increase due to: | |||
Increase or Decrease | Sales / Model mix | 25.1 | Price Realization | 40.0 | |
Price Realization | 23.5 | Sales / Model mix | 34.5 | ||
Cost Reduction Activity | 10.0 | Cost Reduction Activity | 18.0 | ||
Profit decrease due to: | Profit decrease due to: | ||||
FX | -23.0 | FX | -27.5 | ||
R&D | -16.5 | Material Cost etc. Fluctuation | -23.5 | ||
Material Cost etc. Fluctuation | -15.5 | R&D | -23.0 | ||
Fixed Cost Fluctuation | -15.4 | Fixed Cost Fluctuation | -19.3 | ||
Impact of U.S. Tariffs | -10.5 | Impact of U.S. Tariffs | -16.0 | ||
Depreciation | -2.0 | Depreciation | -2.7 | ||
Exchange rate | 153/US＄ | 149/US＄ | 148/US＄ | ||
Facility Investment *1 | 89.1 | 86.4 | (▲3.0%) | 160.0 | +14.1% |
Depreciation *1 | 60.0 | 62.0 | (+3.3%) | 83.5 | +3.3% |
R&D *2 | 96.0 | 112.5 | (+17.2%) | 160.0 | +16.8% |
Performance Evaluation, etc. | Revenue increase but profit decrease | Revenue increase but profit decrease | |||
Sales vol. : Japan | 56 | 59 | (+6.3%) | 81 | (+4.6%) |
Sales vol. : Overseas | 327 | 361 | (+10.6%) | 495 | (+11.0%) |
Total Consolidated Sales Volume | 383 | 421 | (+10.0%) | 576 | (+10.1%) |
*1 Capital expenditures and depreciation related to rental vehicles and right-of-use assets are not included.
*2 Expenditures related to R&D activities incurred during the reporting period and differs from the R&D expenses presented in the consolidated statement of profit or loss under IFRS.
【Global Sales Volume】
CV Japan | 63 | 67 | (+5.7%) | 95 | (+7.3%) |
CV Overseas | 162 | 173 | (+6.7%) | 237 | (+7.8%) |
LCV Overseas | 164 | 189 | (+15.4%) | 258 | (+12.5%) |
Total Global Sales Volume | 389 | 429 | (+10.2%) | 590 | (+9.7%) |
FY 2026-Q3 （9 Months） Japan Asia Other Total Consl. adj. Consolidated
(April' 25 to December' 25)Revenue | 1,714.8 | 867.4 | 629.0 | 3,211.2 | -699.7 | 2,511.5 |
Operating Profit | 35.1 | 85.1 | 49.3 | 169.5 | 3.0 | 172.5 |
FY 2025-Q3 （9 Months） Japan Asia Other Total Consl. adj. Consolidated
(April' 24 to December' 24)Revenue | 1,588.8 | 800.5 | 678.2 | 3,067.5 | -683.0 | 2,384.5 |
Operating Profit | 52.5 | 80.2 | 70.0 | 202.7 | -5.9 | 196.8 |
- October 1 2025 through December 31 2025 -
Unit: JPY in billion Volume in thousand units Fraction less than half omitted
% of change from the same period last year
FY2025-Q3 October '24 to December '24 〔IFRS〕 | FY2026-Q3 October '25 to December '25 〔IFRS〕 | FY2026 Forecast April '25 to March '26 〔IFRS〕 | |||
Revenue: | 831.0 | 874.2 | +5.2% | 3,300.0 | +2.0% |
Japan | 327.6 | 335.4 | +2.4% | 1,330.0 | +4.3% |
Overseas | 503.4 | 538.9 | +7.0% | 1,970.0 | +0.5% |
Operating Profit | 64.2 | 67.9 | +5.7% | 210.0 | -8.5% |
[ % to Revenue] | [7.7%] | [7.8%] | [6.4%] | ||
Profit before Tax | 70.5 | 78.2 | +10.9% | 220.0 | -10.2% |
[ % to Revenue] | [8.5%] | [8.9%] | [6.7%] | ||
Profit Attributable to Owners of Parent | 44.0 | 51.4 | +16.8% | 130.0 | -7.2% |
[ % to Revenue] | [5.3%] | [5.9%] | [3.9%] | ||
Operating Profit: | Profit increase due to: | Profit increase due to: | |||
Increase or Decrease | Sales / Model mix | 16.0 | Price Realization | 40.0 | |
Price Realization | 9.0 | Sales / Model mix | 34.5 | ||
Cost Reduction Activity | 3.0 | Cost Reduction Activity | 18.0 | ||
Profit decrease due to: | Profit decrease due to: | ||||
Fixed Cost Fluctuation | -7.2 | FX | -27.5 | ||
Impact of U.S. Tariffs | -5.5 | Material Cost etc. Fluctuation | -23.5 | ||
Material Cost etc. Fluctuation | -5.0 | R&D | -23.0 | ||
R&D | -4.1 | Fixed Cost Fluctuation | -19.3 | ||
FX | -1.5 | Impact of U.S. Tariffs | -16.0 | ||
Depreciation | -1.0 | Depreciation | -2.7 | ||
Exchange rate | 153/US＄ | 154/US＄ | 148/US＄ | ||
Facility Investment *1 | 42.1 | 31.8 | (▲24.5%) | 160.0 | +14.1% |
Depreciation *1 | 20.1 | 21.1 | (+5.0%) | 83.5 | +3.3% |
R&D *2 | 30.3 | 34.4 | (+13.5%) | 160.0 | +16.8% |
Performance Evaluation, etc. | Increases both in revenue and profit. | Revenue increase but profit decrease | |||
Sales vol. : Japan | 20 | 20 | (+2.6%) | 81 | (+4.6%) |
Sales vol. : Overseas | 116 | 120 | (+3.5%) | 495 | (+11.0%) |
Total Consolidated Sales Volume | 136 | 140 | (+3.3%) | 576 | (+10.1%) |
*1 Capital expenditures and depreciation related to rental vehicles and right-of-use assets are not included.
*2 Expenditures related to R&D activities incurred during the reporting period and differs from the R&D expenses presented in the consolidated statement of profit or loss under IFRS.
【Global Sales Volume】
CV Japan | 22 | 23 | (+3.2%) | 95 | (+7.3%) |
CV Overseas | 54 | 58 | (+7.0%) | 237 | (+7.8%) |
LCV Overseas | 54 | 66 | (+21.8%) | 258 | (+12.5%) |
Total Global Sales Volume | 130 | 147 | (+12.4%) | 590 | (+9.7%) |
FY 2026-Q3 （3 Months） Japan Asia Other Total Consl. adj. Consolidated
(October'25 to December'25)Revenue | 589.5 | 314.5 | 216.6 | 1,120.6 | -246.4 | 874.2 |
Operating Profit | 18.7 | 32.1 | 18.1 | 68.9 | -1.0 | 67.9 |
FY 2025-Q3 （3 Months） Japan Asia Other Total Consl. adj. Consolidated
(October'24 to December'24)Revenue | 554.7 | 281.4 | 220.3 | 1,056.4 | -225.4 | 831.0 |
Operating Profit | 16.7 | 29.1 | 19.5 | 65.3 | -1.1 | 64.2 |
Supplement Material:
Financial Summary: FY2026 Third-Quarter Consolidated Results- April 1 2025 through December 31 2025 -
Feb 12, 2026
Isuzu Motors Limited
CV sales Vol by Region | ①FY2025-Q3 (April'24-December'24) | ②FY2026-Q3 (April'25-December'25) | ②-① | ③FY2026 Forecast (Apr'25-Mar'26) | |
Japan | 55.1 | 58.0 | +2.9 | 82.6 | |
North America | 22.3 | 12.5 | -9.7 | 18.6 | |
Asia | 56.4 | 52.6 | -3.9 | 75.9 | |
Indonesia | 19.4 | 16.6 | -2.8 | 23.6 | |
Philippines | 9.0 | 7.9 | -1.1 | 11.6 | |
Thailand | 6.6 | 5.0 | -1.6 | 7.7 | |
Viet Nam | 7.0 | 8.8 | +1.8 | 12.4 | |
Malaysia | 4.8 | 5.3 | +0.5 | 7.0 | |
Other | 9.5 | 8.9 | -0.6 | 13.6 | |
Europe | 6.3 | 10.8 | +4.5 | 14.9 | |
U.K | 1.9 | 1.2 | -0.6 | 2.2 | |
Ukraine | 0.5 | 0.5 | +0.0 | 0.8 | |
Turkey | 2.6 | 3.6 | +1.1 | 4.7 | |
Italy | 1.3 | 5.4 | +4.0 | 7.2 | |
Mid/South America | 19.2 | 23.2 | +4.1 | 31.3 | |
Chile | 0.9 | 0.9 | +0.0 | 1.3 | |
Colombia | 2.7 | 5.8 | +3.1 | 8.5 | |
Ecuador | 0.8 | 1.4 | +0.6 | 2.0 | |
Venezuela | 0.1 | 0.2 | +0.1 | 0.2 | |
Mexico | 4.0 | 4.5 | +0.5 | 5.8 | |
Peru | 1.8 | 2.0 | +0.2 | 2.6 | |
Other | 8.8 | 8.5 | -0.3 | 10.7 | |
Mid East | 25.5 | 36.2 | +10.7 | 46.3 | |
Saudi Arabia | 14.7 | 23.6 | +8.8 | 29.5 | |
UAE | 2.7 | 3.6 | +0.9 | 4.2 | |
Oman | 1.5 | 1.5 | +0.0 | 2.1 | |
Other | 6.6 | 7.5 | +0.9 | 10.6 | |
Africa | 13.4 | 20.3 | +6.9 | 25.8 | |
Egypt | 3.6 | 6.5 | +2.9 | 7.7 | |
South Africa | 2.3 | 2.7 | +0.4 | 3.6 | |
Kenya | 2.7 | 4.2 | +1.5 | 5.0 | |
Other | 4.8 | 7.0 | +2.2 | 9.5 | |
Oceania | 11.6 | 10.1 | -1.5 | 13.9 | |
Australia | 9.8 | 8.4 | -1.4 | 11.2 | |
Other | 1.8 | 1.7 | -0.1 | 2.7 | |
Export Total | 154.6 | 165.6 | +11.0 | 226.7 | |
Grand Total | 209.7 | 223.6 | +13.9 | 309.3 | |
LCV sales Vol by Region | ①FY2025-Q3 (April'24-December'24) | ②FY2026-Q3 (April'25-December'25) | ②-① | ③FY2026 Forecast (Apr'25-Mar'26) | |
Thailand | 34.0 | 44.2 | +10.2 | 62.5 | |
Asia | 14.8 | 13.0 | -1.8 | 19.8 | |
Indonesia | 0.1 | 0.6 | +0.5 | 1.2 | |
Philippines | 5.6 | 3.7 | -1.9 | 5.9 | |
India | 1.7 | 2.2 | +0.5 | 2.4 | |
Viet Nam | 0.1 | 0.6 | +0.5 | 1.3 | |
Malaysia | 4.8 | 4.3 | -0.4 | 6.6 | |
Other | 2.6 | 1.7 | -1.0 | 2.4 | |
Europe | 13.6 | 11.4 | -2.2 | 17.8 | |
U.K | 5.0 | 1.9 | -3.2 | 4.3 | |
Turkey | 1.2 | 1.2 | +0.0 | 1.3 | |
Italy | 3.4 | 1.9 | -1.5 | 3.8 | |
Other | 4.1 | 6.4 | +2.4 | 8.5 | |
Mid/South America | 8.4 | 10.2 | +1.7 | 13.0 | |
Guatemala | 1.2 | 2.2 | +1.0 | 2.7 | |
Costa Rica | 0.7 | 1.0 | +0.3 | 1.3 | |
Dominican | 1.3 | 1.2 | -0.2 | 1.7 | |
Colombia | 0.6 | 0.1 | -0.6 | 0.3 | |
Ecuador | 1.3 | 1.0 | -0.3 | 1.0 | |
Other | 3.3 | 4.8 | +1.5 | 6.1 | |
Mid East | 27.0 | 18.2 | -8.8 | 25.4 | |
Saudi Arabia | 22.6 | 13.6 | -9.0 | 20.1 | |
UAE | 0.3 | 0.4 | +0.0 | 0.5 | |
Oman | 0.9 | 1.1 | +0.2 | 1.2 | |
Other | 3.2 | 3.1 | -0.1 | 3.6 | |
Africa | 24.8 | 41.9 | +17.1 | 55.7 | |
Egypt | 7.0 | 15.2 | +8.2 | 22.4 | |
South Africa | 17.1 | 21.5 | +4.5 | 26.8 | |
Other | 0.7 | 5.2 | +4.5 | 6.5 | |
Oceania | 26.1 | 34.1 | +7.9 | 41.7 | |
Australia | 24.9 | 32.4 | +7.5 | 39.6 | |
Other | 1.2 | 1.6 | +0.4 | 2.1 | |
Other | 14.8 | 15.9 | +1.2 | 22.3 | |
Grand Total | 163.7 | 188.9 | +25.3 | 258.3 | |
UDT CV sales Vol | ①FY2025-Q3 (April'24-December'24) | ②FY2026-Q3 (April'25-December'25) | ②-① | ③FY2026 Forecast (Apr'25-Mar'26) |
Japan | 8.1 | 8.9 | +0.8 | 12.5 |
Thailand | 0.7 | 1.2 | +0.5 | 1.3 |
Indonesia | 1.5 | 1.0 | -0.5 | 1.6 |
South Africa | 1.7 | 1.7 | +0.0 | 2.6 |
Australia | 0.3 | 0.5 | +0.2 | 0.7 |
Other | 3.1 | 2.9 | -0.3 | 4.2 |
UDT Total | 15.5 | 16.1 | +0.7 | 22.9 |
Revenue Operating Profit
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Isuzu Motors Ltd. published this content on February 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on February 12, 2026 at 05:11 UTC.
