FY2018 Second Quarter Financial Results...US Dollar Euro Indian Rupee 100 Indonesian Rupiah Thai Baht Pak. Rupee Previous 105 yen 130 yen 1.65 yen 0.78 yen 3.30 yen 0.95 yen Revised

New Ciaz (India)

FY2018 Second Quarter Financial Results

SUZUKI MOTOR CORPORATION 1 November 2018

Ｐ2

July–Sept. period: Lower net sales and operating income mainly owing to the depreciation of the Indian Rupee

Apr.-Sept. period: Record-high but slowed down

Second Quarter Results

FY2018 Second Quarter Highlights (Second Quarter Results)

●Consolidated Financial Results…Higher earnings and sales, record-high net sales and each income*1

Net Sales: 1,929.4 billion yen, +5.4% year-on-year, increased for 2 consecutive periods

Operating Income: 198.5 billion yen, +14.8% year-on-year

Ordinary Income: 232.3 billion yen, +24.3% year-on-year

Net Income*2: 136.2 billion yen, +30.7% year-on-year, increased for 9 consecutive periods

・Increased sales…Increase in automobile sales in Japan,

and automobile and motorcycle sales in India, etc. ・Increased income…Improvement in profit in Asia and Japan, etc.

●Worldwide Sales Volume of Automobiles…1,699 thousand units (+7.5% year-on-year),

record-high*1

・Increase in India, Japan, Indonesia, etc.

●Worldwide Sales Volume of Motorcycles…878 thousand units (+10.2% year-on-year)

・Increase in India, Indonesia, etc.

●Interim Cash Dividends…Kept unchanged from the previous forecast of 37 yen per share *1 The highest ever since disclosing the second quarter financial results *2 Net income means Net income attributable to owners of the parent

increased for 7 consecutive periods

Ｐ3

59.2 56.3 51.9

99.3

85.1 87.8 87.0

114.3 116.5

82.0

754.0 744.9 753.0

917.6 869.3

961.8 893.8

1,032.3 987.5

942.0

0.0

40.0

80.0

120.0

160.0

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q0.0

300.0

600.0

900.0

1,200.0

FY2016 FY2017 FY2018

Operating Income

Net Sales

Trends in Operating Results by Quarters

July-Sept. period largely decreased earnings and sales

compared to Apr.-June, and decreased earnings year-on-year

Trends in Operating Results by Quarters

(Billions of yen)

Ｐ4

＋5.6 ＋6.1 ＋3.2 ＋2.8

▲0.6 ＋3.1

＋8.0 ＋4.0

▲4.6 ▲5.9 ▲0.8

▲0.7

▲1.0

▲1.0 ▲1.2

＋3.7

＋19.7

＋13.4

＋1.5

▲4.1 ▲10.1

▲15.0

▲10.0

▲5.0

＋0.0

＋5.0

＋10.0

＋15.0

＋20.0

Apr.-June July-Sept. Oct.-Dec. Jan.-Mar. Apr.-June July-Sept.

FY2017 FY2018

Impact owing to the depreciation of currencies of

emerging countries including India, Indonesia, and Pakistan Impact of ForEX Rates in the Operating Income Year-on-Year by Quarters

Trends in Impact of Foreign Exchange Rates by Quarters

US Dollar

Euro

Indian Rupee

Indonesian Rupiah

Pak. Rupee

Other

(Billions of yen)

Ｐ5

*Net income means Net income attributable to owners of the parent.

●Operating Results Net Sales 3,800.0 billion yen, +1.1% year-on-year, unchanged from prev. forecast

Operating Income 350.0 billion yen, -6.5% year-on-year, +10.0 billion yen from prev. forecast

Ordinary Income 390.0 billion yen, +1.9%, +40.0 billion yen from prev. forecast

Net Income* 220.0 billion yen, +2.0%, +15.0 billion yen from prev. forecast

●Automobile Sales Volume …3,338 thousand units, +39 thousand units from prev. forecast ・Upward revision in Japan and Asia (India…+6%→+8% year-on-year) ●Motorcycle Sales Volume …1,708 thousand units, +62 thousand units from prev. forecast ・Upward revision in Asia, etc. ●Year-End Cash Dividends…unchanged at 37 yen per share

Full Year Forecasts

FY2018 Second Quarter Highlights (Revision of Financial Forecasts)

Reflected the half-year results

as well as outlook of sales, ForEX rates, etc.

US Dollar Euro Indian Rupee 100 Indonesian Rupiah Thai Baht Pak. Rupee

Previous 105 yen 130 yen 1.65 yen 0.78 yen 3.30 yen 0.95 yenRevised 105 yen 130 yen 1.50 yen 0.75 yen 3.30 yen 0.85 yen

2nd HalfRate

Ｐ6

（億円）

Consolidated: Financial Summary

Higher earnings on higher sales,

Record-high net sales and each income

Ratio

1,929.4 1,831.1 ＋98.3 ＋5.4%

Japan 598.6 531.4 ＋67.2 ＋12.6%

Suzuki brand 546.1 481.2 ＋64.9 ＋13.5%

ＯＥＭ 52.5 50.2 ＋2.3 ＋4.5%

Overseas 1,330.8 1,299.7 ＋31.1 ＋2.4%

Operating Income 198.5 172.9

(10.3%) (9.4%)

Ordinary Income 232.3 186.9

(12.0%) (10.2%)

136.2 104.2

(7.1%) (5.7%)

Change

Net Sales

＋25.6 ＋14.8%（Margin）

（Billions of yen） FY20186 months

('18/4-9)

FY20176 months

('17/4-9)

＋45.4 ＋24.3%（Margin）

Net income attributableto owners of the parent ＋32.0 ＋30.7%

（Margin）

Ｐ7 Consolidated: Net Sales

FY2018

6 months

('18/4-9)

FY2017

6 months

('17/4-9)Change

FY2018

6 months

('18/4-9)

FY2017

6 months

('17/4-9)Change

FY2018

6 months

('18/4-9)

FY2017

6 months

('17/4-9)Change

FY2018

6 months

('18/4-9)

FY2017

6 months

('17/4-9)Change

Japan total 580.7 511.9 ＋68.8 10.5 11.8 -1.3 7.4 7.7 -0.3 598.6 531.4 ＋67.2

528.2 461.7 ＋66.5 10.5 11.8 -1.3 7.4 7.7 -0.3 546.1 481.2 ＋64.9

ＯＥＭ 52.5 50.2 ＋2.3 52.5 50.2 ＋2.3

1,180.6 1,157.2 ＋23.4 115.8 112.6 ＋3.2 34.4 29.9 ＋4.5 1,330.8 1,299.7 ＋31.1 -62.6

Europe 207.5 223.5 -16.0 20.4 24.0 -3.6 8.7 8.6 ＋0.1 236.6 256.1 -19.5 ＋7.3

N. America 0.7 0.8 -0.1 14.9 15.6 -0.7 17.8 13.7 ＋4.1 33.4 30.1 ＋3.3 -0.2

Asia 854.8 815.0 ＋39.8 64.7 55.7 ＋9.0 3.2 2.9 ＋0.3 922.7 873.6 ＋49.1 -66.9

India 663.6 621.3 ＋42.3 27.8 22.3 ＋5.5 0.3 0.2 ＋0.1 691.7 643.8 ＋47.9 -52.3

Other 191.2 193.7 -2.5 36.9 33.4 ＋3.5 2.9 2.7 ＋0.2 231.0 229.8 ＋1.2 -14.6

Other 117.6 117.9 -0.3 15.8 17.3 -1.5 4.7 4.7 -0.0 138.1 139.9 -1.8 -2.8

Grandtotal

1,761.3 1,669.1 ＋92.2 126.3 124.4 ＋1.9 41.8 37.6 ＋4.2 1,929.4 1,831.1 ＋98.3 -62.6

of whicheffect of

ForEX ratesconversion

-3.9 -62.6＋0.1-58.8

Overseastotal

Total

Suzukibrand

of whicheffect of

ForEX ratesconversion

MotorcycleAutomobile Marine, etc.（Billionsof yen）

Note: North America…United States and Canada Automobile in North America…sales of parts and accessories, etc.

*Record-high in second quarter financial results

Increase in each segment, record-high* in domestic, overseas, and consolidated

Ｐ8

172.9 198.5

＋46.1

＋10.1 ＋8.9 -18.9

-14.2 -6.4

of which raw materials

-6.7

Change in sales, model mix

Effect of

ForEX rates

Cost reduction

Increase of R&D

expenses

Decrease of depreciation expenses

Increase of various

expenses

Consolidated:

Factors of Change in Operating Income (Billions of yen)

FY2017 First 6 months

Operating income

FY2018 First 6 months

Operating income

Factors of increase ＋65.1 Factors of decrease -39.5

Operating income ＋25.6

Ｐ9

* Mex. Peso -0.9bln yen, Russian Ruble -0.5bln yen, etc.

Consolidated: Foreign Exchange Rates

US Dollar 110 yen 111 yen -1 yen -0.2bln yen

Euro 130 yen 126 yen +4 yen ＋2.2bln yen

Indian Rupee 1.62 yen 1.74 yen -0.12 yen -10.5bln yen

100Indonesian Rupiah

0.78 yen 0.84 yen -0.06 yen -1.5bln yen

Thai Baht 3.40 yen 3.28 yen +0.12 yen -0.3bln yen

Pak. Rupee 0.92 yen 1.06 yen -0.14 yen -2.2bln yen

Others － － － -1.7bln yen *

Total -14.2bln yen

Change

FY20176 months

('17/4-9)

FY20186 months

('18/4-9)

Effect of ForEX ratesin operating income

Ｐ10 Consolidated:

Capital Expenditures, Depreciation Expenses, R&D Expenses and Interest-Bearing Debt balance

（Billions of yen）

（Non-consolidated） 25.7 21.5 ＋4.2

（Subsidiaries） 106.3 52.0 ＋54.3

132.0 73.5 ＋58.5

64.2 74.3 -10.1

71.8 65.4 ＋6.4

Depreciation Expenses

R&D Expenses

Change

Capital Expenditures

FY20186 months

（'18/4-9）

FY20176 months

（'17/4-9）

FY2018 Q2

('18/9) ('17/9) Change ('18/3) Change

Interest-BearingDebt balance

381.5 641.8 -260.3 577.9 -196.4

FY2017 Q2 FY2017 Q4

Ｐ11

600.8

423.6

＋224.1

＋1.5

-160.3

-242.5

Operating Ｃ／Ｆ

Investing Ｃ／Ｆ

Financing Ｃ／Ｆ

Other

of which CB redemption -174.0

At beginning

of period

At end

of period Cash Balance -177.2

Free C/F ＋63.8

Consolidated： Cash Flows

(Billions of yen)

Ｐ12

《Marine, etc.》

《Automobile》

《Motorcycle》

162.4

3.7 6.8

185.5

4.0 9.0 0.0

50.0100.0150.0200.0250.0

1,669.1

124.4 37.6

1,761.3

126.3 41.8 0.0

400.0

800.0

1,200.0

1,600.0

2,000.0

四輪車 二輪車 特機等

Net sales ＋92.2(＋5.5%)

Operating income ＋23.1(＋14.2%)

Operating income ＋2.2(＋32.6%)

Net sales ＋4.2(＋11.1%)

Net sales ＋1.9(＋1.5%)

Operating income ＋0.3(＋7.4%)

SWIFT Spacia

Access125 (India)

V-Strom650XT DF350A

Consolidated: Operating Results by Segment (Net sales, Operating income)

（Billions of yen）

FY2017 FY2018 ‘17/4-9 ‘18/4-9

FY2017 FY2018 ‘17/4-9 ‘18/4-9

FY2017 FY2018 ‘17/4-9 ‘18/4-9

Ｐ13

《Other》

《Asia》

《Europe》

《Japan》

74.7

9.1

90.6

2.1

85.7

9.1

94.9

3.4 0.0

40.0

80.0

120.0

974.0

310.3

933.8

78.6

1,012.3

274.1

980.9

86.6

0.0

300.0

600.0

900.0

1,200.0

Net sales ＋47.1(＋5.0%)

Net sales ＋38.3(＋3.9%)

Net sales -36.2(-11.7%)

Net sales ＋8.0(＋10.3%)

Operating income ＋1.3(＋57.2%)

Operating income ＋11.0(＋14.7%)

Operating income ＋0.0(＋0.3%)

Operating income ＋4.3(＋4.8%)

(168.1) (127.4)

(92.8) (69.4)

(49.6)

805.9 884.9

217.5 204.7

884.3 937.3

(43.6)

Consolidated: Operating Results by Geographic Region (Net sales, Operating income)

（Billions of yen）

Note about triangle trade ： Conventionally, net sales of Hungary production models for European subsidiaries were eliminated as they were intraregional subsidiary trade. But because trade type was changed to triangle trade via Japan, and net sales to Japan and net sales from Japan to Europe are not eliminated, net sales of Japan and Europe are shown larger. The same trade is also applied in Asia.

FY2017 FY2018 ‘17/4-9 ‘18/4-9

FY2017 FY2018 ‘17/4-9 ‘18/4-9

FY2017 FY2018 ‘17/4-9 ‘18/4-9

FY2017 FY2018 ‘17/4-9 ‘18/4-9

Net sales (excluding triangle trade)

Ｐ14 Consolidated:

Number of Consolidated Subsidiaries, Equity Method Affiliates and Employees

FY2018 Q2

('18/9) ('17/9) Change ('18/3) Change

ConsolidatedSubsidiaries

131 136 -5 131 ±0

Equity MethodAffiliates

28 33 -5 31 -3

Employees 67,854 65,056 ＋2,798 65,179 ＋2,675

FY2017 Q2 FY2017 Q4

Ｐ15 Consolidated: Full year forecasts

FY 2017 Result Change Previous forecast Change

3,800.0 3,757.2 ＋42.8 3,800.0 ±0

350.0 374.2 -24.2 340.0 ＋10.0

390.0 382.8 ＋7.2 350.0 ＋40.0

220.0 215.7 ＋4.3 205.0 ＋15.0

Change in sales, model mix ＋40.8 ＋103.0 -0.2 ＋41.0

Cost reduction ＋27.0 ＋26.6 ＋28.0 -1.0

Effect of ForEX rates -40.0 ＋38.3 -22.0 -18.0

Increase of various expenses -32.0 -65.0 -20.0 -12.0

Increase of R&D expenses -20.0 -7.9 -20.0 ±0

Fluctuation of depreciation - ＋12.5 - -

Total -24.2 ＋107.5 -34.2 ＋10.0

250.0 213.4 ＋36.6 250.0 ±0

150.0 150.9 -0.9 150.0 ±0

160.0 139.4 ＋20.6 160.0 ±0R&D Expenses

Change in O

pera

ting Incom

e

Comparison with FY 2017 result Comparison with previous forecast

Capital Expenditures

Depreciation Expenses

Operating income

Ordinary income

Net income attributableto owners of the parent

（Billions of yen）Latest

Forecast

Net sales

Reflected the half-year results as well as outlook of sales, ForEX rate, etc.

Ｐ16

1st HalfResults

2nd HalfForecasts

Full-YearForecasts

ForEXImpact

Full-YearResults Change

Full-YearForecasts Change

U.S. Dollar 110 yen 105 yen 108 yen -2.4bln yen 111 yen -3 yen 105 yen ＋3 yen

Euro 130 yen 130 yen 130 yen ＋0.3bln yen 130 yen ±0 yen 130 yen ±0 yen

IndianRupee

1.62 yen 1.50 yen 1.56 yen -26.9bln yen 1.73 yen -0.17 yen 1.65 yen -0.09 yen

100IndonesianRupiah

0.78 yen 0.75 yen 0.77 yen -2.4bln yen 0.83 yen -0.06 yen 0.78 yen -0.01 yen

Thai Baht 3.40 yen 3.30 yen 3.35 yen ＋0.0bln yen 3.36 yen -0.01 yen 3.30 yen +0.05 yen

Pak.Rupee

0.92 yen 0.85 yen 0.89 yen -4.3bln yen 1.04 yen -0.15 yen 0.95 yen -0.06 yen

-4.3bln yen

-40.0bln yenEffect of ForEX ratestotal

Prev. Forecasts(2018.4～2019.3)

Latest Forecasts（2018.4～2019.3）

Others

Year-on-Year(2017.4～2018.3)

Revised toward yen appreciation mainly for currencies of emerging countries

Consolidated: Forecasts for Operating Results

(Foreign Exchange Rates)

Ｐ17

＋135（＋8.3%）

466 499

91 76

869 988

191 188 1

1

FY2017 FY2018

1,617 1,752

233 255 42 30

466 507

94 92 1 1

FY2017 FY2018

of which CBUs:249

of which CBUs:229

835 884

’17/4-9 ’18/4-9 ’17/7-9 ’18/7-9

Production Volume of Automobiles

Record-high for second quarter with 1,752 thousand units

●Second quarter (Apr.-Sept.) global production

≪Half Year Comparison≫ ≪ Of Which

Three Months Comparison ≫

（Thousand units）

of which CBUs:457

of which CBUs:487

India

Europe

Japan

Asia Others

Asia

Europe Japan

Others

India

・Record-high with 1,752 thousand units (+8.3% year-on-year)

・India 988 thousand units (+13.6%) Japan 499 thousand units (+7.2%) Europe 76 thousand units (-16.1%)

・Asia excl. India 188 thousand units (-1.5%)

(Breakdown) Pakistan 68 thousand units (+9.2%) Indonesia 63 thousand units (+19.1%) Thailand 30 thousand units (+6.6%) China 22 thousand units (-52.2%) Myanmar 5 thousand units (+260.5%)

＋49（＋5.9%）

Ｐ18

＋118（＋7.5%）

320 349

140 139

826 919

209 200 87 92

FY2017 FY2018

1,581 1,699

160 175 69 65

457 455

107 94 45 48

FY2017 FY2018

840 837

-3（-0.3%）

’17/4-9 ’18/4-9 ’17/7-9 ’18/7-9

●July-Sept. global sales

Sales Volume of Automobiles

Record-high global sales volume with 1,699 thousand units

（Thousand units）

≪Half Year Comparison≫ ≪ Of Which

Three Months Comparison ≫

Asia

Europe

Japan

Others

India

Asia

Europe Japan

Others

India

●Second quarter (Apr.-Sept.) global sales

・Record-high with 1,699 thousand units (+7.5% year-on-year)

・ Japan (+9.0%) ・ Europe (-0.4%) ・ India (+11.3%) ・Asia excl. India 200 thousand

units (-4.3%) owing to the decrease in China

・Flat on the year at 837 thousand units (-0.3%) owing to the decrease in China, despite the increase in Japan (+9.5%)

Ｐ19 Sales trends of mini-based vehicles

Minivehicles around the world

286

315 54

25

22

998

Japan

India

Pakistan

Mini-base 702 thousand

units （41％）

Non-mini-base 998 thousand

units （59％）

ASEAN

Others

Non-mini-base

*Breakdown of April-September 2018 global sales of 1,699 thousand units. Japan includes Jimny Sierra (compact car).

Ｐ20

’17/4-9 ’18/4-9

266 284

54 65

FY2017 FY2018

＋29（＋9.0%）

320 349

’17/7-9 ’18/7-9

134 144

26 31

FY2017 FY2018

＋15（＋9.5%）

160

175

Sales Volume of Automobiles by Geographic Region (Japan)

Contribution of new models incl. Spacia and XBEE

≪Half Year Comparison≫ ≪ Of Which

Three Months Comparison ≫

（Thousand units）

Mini-vehicle

Sub-compact and standard-sized vehicle

Mini-vehicle

Sub-compact and standard-sized vehicle

●Second quarter (Apr.-Sept.) Japan sales

●Topic

・349 thousand units (+9.0% year-on-year)

・Contribution of new models including Spacia minicar and XBEE compact car

・All-new Jimny (mini) and Jimny Sierra (compact car) won the Good Design Gold Award

Ｐ21

10 9 7 6

12 12 6 6 2 1

33 30

FY2017 FY2018

-1（-0.4%）

’17/4-9 ’18/4-9

19 18

15 15

20 21

13 13 4 4

69 68

FY2017 FY2018

139 140

-5（-6.9%）

’17/7-9 ’18/7-9

65 69 ●July-Sept. European sales

Sales Volume of Automobiles by Geographic Region (Europe)

Steady sales of the Swift and Ignis ≪ Of Which

Three Months Comparison ≫ ≪Half Year Comparison≫

（Thousand units）

Germany

Italy

UK

Other

France

Spain

Germany

Italy UK

Other

France Spain

●Second quarter (Apr.-Sept.) European sales

・Europe overall was flat on the year owing to steady sales of the Swift and Ignis.

・Decreased(-6.9% year-on-year) owing to temporary decrease in production at the Hungary Plant due to switching of models for meeting European emissions regulations

Ｐ22

＋93（＋11.3%）

’17/4-9 ’18/4-9

220 214

365 452

34

24 124

130 79

89 3

10

FY2017 FY2018

919 826

Mini

Compact

Midsize

UV

Vans LCV

-2（-0.4%）

116 109

210 220

18 13 67 64

43 44 2 6

FY2017 FY2018

455 457

Mini

Compact

Midsize UV

Vans LCV

’17/7-9 ’18/7-9

75

78 76 76

79

84

68 66

63 65

69 71

Apr. May Jun. Jul. Aug. Sept.

FY2018FY2017

Trends in petrol price* (Rupees/L)

※LCV=Light Commercial Vehicles UV =Utilities Vehicles

*Price in Delhi at the end of each month (rounded to the nearest rupee)

Sales Volume of Automobiles by Geographic Region (India)

Record-high Indian sales

（Thousand units）

≪Half Year Comparison≫ ≪ Of Which

Three Months Comparison ≫

●Second quarter (Apr.-Sept.) Indian sales

・Record-high for Apr.-Sept. owing to growth in compact car segment

・However, July-Sept. was flat on the year partly owing to the impact of flood, etc.

・Recent fuel price became the highest ever

Ｐ23 Launched the new Ciaz in India

First hybrid car in India with lithium-ion battery

・Launched in 2014, Ciaz became the most popular mid-size premium sedan, and has sold 220,000 units since launch (as of August 2018).

・The petrol variant became the first mild hybrid car in India with lithium-ion battery.

●Launched the new Ciaz in August

Ｐ24

55 59

12 14

10 10 2

5 3

3

FY2017 FY2018

’17/4-9 ’18/4-9

＋10（＋12.0%）

82 91

29 30

7 7 5 5

2 2

1 3

FY2017 FY2018

Myanmar Vietnam

Thailand

Indonesia

Philippines

’17/7-9 ’18/7-9

＋4（＋8.7%）

43 47

Swift launch event held in Yangon in October

Sales Volume of Automobiles by Geographic Region (ASEAN)

Increased mainly owing to Indonesia, Thailand, and Myanmar

≪Half Year Comparison≫ ≪ Of Which

Three Months Comparison ≫

（Thousand units）

●Second quarter (Apr.-Sept.) ASEAN sales

※ASEAN； Total of 5 countries - Indonesia, Thailand, the Philippines, Myanmar and Vietnam

Myanmar Vietnam

Thailand

Indonesia

Philippines

●Topic

・Total of 5 ASEAN countries* 91 thousand units (+12.0% year-on-year)

・Indonesia increased by 7.3% partly owing to recovery of commercial vehicle segment

・Thailand increased by 19.5% mainly owing to the launch of Swift, etc.

・Myanmar largely increased

・Swift was launched as the 4th local production model for Suzuki in Myanmar (October)

Ｐ25

＋81（＋10.2%） ＋82（＋10.2%）

70 53 2 1

701 796

20

24

FY2017 FY2018

793 874

36 31 24 27 20 21

627 720

89

79

FY2017 FY2018

796 878

’17/4-9 ’18/4-9 ’17/4-9 ’18/4-9

Production and Sales Volume of Motorcycles

Increased production and sales ≪Half Year Production Volume Comparison≫

≪Half Year Sales Volume Comparison≫

（Thousand units）

●Second quarter (Apr.-Sept.) motorcycles

Other

Asia

North America

Japan

Other

Asia

North America

Europe Japan

・Global production 874 thousand units (+10.2% year-on-year)

・Global sales 878 thousand units (+10.2%)

Ｐ26

241 331

197

170 81

100 41

46 11

10 56

63

FY2017 FY2018

＋95（＋13.5%） ＋93（＋14.8%）

260 352

251

211

75 92 46

76 23

13 46

52

FY2017 FY2018

701 796

627

720

’17/4-9 ’18/4-9 ’17/4-9 ’18/4-9

Motorcycles: Breakdown of Asia

Increase in India, Indonesia, etc.

（Thousand units）

≪Half Year Production Volume Comparison≫

≪Half Year Sales Volume Comparison≫

●Second quarter(Apr.-Sept.) Asian sales

●Topic

India

China

Indonesia

Philippines

Other Thailand

India

China

Indonesia

Philippines

Other Thailand

・Asian sales increased by 14.8% year-on-year to 720 thousand units owing to the increase in countries including India and Indonesia

・Strong sales of the Access continues in India (+37.1%)

・Indonesia increased by 12.8% owing the launch of NEX II, etc.

・Launched 125cc scooter BURGMAN STREET in India (July)

Ｐ27 Unveiled the KATANA

・Exhibited at the 1980 Cologne Motor Show

・Won the hearts of riders around the world with its avant-garde KATANA (Japanese sword) design

・Launched worldwide in 1981

Distinctive, avant-garde styling design like a Japanese sword of tempered steel

●About the GSX1100S KATANA unveiled in 1980

●About the all-new KATANA

・Unveiled at the INTERMOT International Motorcycle, Scooter and Bicycle Fair held in Cologne, Germany in October

・With the GSX1100S KATANA as its motif, arranged it into a modern look

・999cm3 inline four-cylinder engine based on that of GSX-R1000

・Will be produced at the Hamamatsu Plant and is planned to be launched globally from the spring of 2019 in areas including Europe

Ｐ28 Production and Sales: FY2018 Business Forecasts

Upward revision for both automobile and motorcycle

Forecast Forecast

(FY2018) (FY2017) Change Ratio (FY2018) (FY2017) Change Ratio

＜Automobile＞

Japan 1,010 971 ＋39 +4.0% ＋29 697 668 ＋29 +4.3% ＋22

Europe 172 180 -8 -4.6% -1 280 281 -1 -0.3% ±0

Asia 2,292 2,185 ＋107 +4.9% ＋35 2,173 2,093 ＋80 +3.8% ＋16

Others 4 2 ＋2 +75.0% ＋2 188 182 ＋6 +3.6% ＋1

Total 3,478 3,338 ＋140 +4.2% ＋65 3,338 3,224 ＋114 +3.5% ＋39

＜Motorcycle＞

Japan 123 152 -29 -19.2% -12 63 60 ＋3 +5.9% -1

Europe － － － － － 48 40 ＋8 +20.0% -2

N.America 4 4 -0 -6.6% ±0 38 35 ＋3 +7.8% -2

Asia 1,545 1,431 ＋114 +7.9% ＋49 1,398 1,261 ＋137 +10.9% ＋81

Others 49 39 ＋10 +25.5% -1 161 184 -23 -12.6% -14

Total 1,721 1,627 ＋94 +5.8% ＋36 1,708 1,580 ＋128 +8.1% ＋62

（Thousandunits）

FY2017 Results FY2017 Results Revisedunits frompreviousforecast

Production SalesRevised

units frompreviousforecast

Ｐ29

194.2 billion yen

194.1 billion yen

20.0 billion yen

Conversion of the Convertible Bonds (CB)

Conversion proceeded due to rise in stock price

442 million

shares

442 million

shares

461 million

shares

49 million shares

49 million shares

30 million shares

491 million shares

491 million shares

Issued shares excl. treasury shares

Remaining CB

Issued shares

Treasury shares

・Issued 200 billion yen (100 billion each for 5-year and 7-year bonds) in April 2016. ・Request for conversion proceeded due to rise in stock price from August 2018.

As of the end of September, the remaining CB is 20 billion yen.

March 2018 June 2018 September 2018

・Delivered a total of 180 billion yen in cash and 19 million shares of treasury shares by the end of September ⇒Conversion is limited to or less than half of the normal CB (44 million stocks) ・Equity Per Share slightly decreases due to increase in issued shares excluding treasury shares, but Return On Equity does not decrease

491 million shares

Effects of scheme to minimize dilutive impact

Ｐ30

Both interim and year-end dividends are kept unchanged from the previous forecasts

Cash Dividends per Share

FY 2018

In comparison with FY 2017

In comparison with previous forecast

FY 2017 Result

Change Previous forecast

Change

Interim dividends

37 yen 30 yen ＋7 yen 37 yen （Plan）

±0 yen

Year-end dividends

37 yen （Plan）

44 yen -7 yen 37 yen （Plan）

±0 yen

Annual dividends

74 yen （Plan）

74 yen ±0 yen 74 yen （Plan）

±0 yen

Ｐ31

New HUSTLER Wanderer Debut!

FY2018 Second Quarter Financial Results

SUZUKI MOTOR CORPORATION

Ｐ32

Caution with respect to Forward-Looking Statements

The forward-looking statements mentioned in this presentation are based on currently available information and assumptions, contain risks and uncertainty and do not constitute guarantees of future achievement.

Please note that the future results may greatly vary by the changes of various factors.

Those factors, which may influence the future results, include economic conditions and the trend of demand in major markets and the fluctuations of foreign exchange rates

(mainly U.S. dollar/Yen rate, Euro/Yen rate,

Indian Rupee/Yen rate). [English translation from the original Japanese language document]