February 28 2005. Suzuki Motor Corp. is known for its one-of-a-kind management style.

For example, Chairman Osamu Suzuki, who served as president for more than 20 years, inspects factories and issues detailed instructions.

Analysts know that the automaker will not announce revised earnings projections unless great differences arise. While Suzuki expects a pretax profit of 100 billion yen in the year through March 2005, up 5% year on year, the average Quick Consensus projection is 112.7 billion yen, up 18%.

With brisk sales of mainstay Alto and Wagon R vehicles and robust overseas sales of motorcycles in the April-December 2004 period, the automaker has already achieved 84% of its full-year pretax profit forecast. Though the firm may conservatively write off expenses in the fourth quarter, its sales are brisk not only in Europe and the U.S., but also in emerging markets such as India.

Double-digit profit growth can be expected in the next term as well, according to an automobile analyst at a Europe-based securities firm.

Source: Nikkie Net