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October 30, 2017

Subaru Corporation Announces Production, Japan Sales and Export Results
for September 2017 and 1st Half of FYE2018 (Flash Report)

< September 2017 >

September 2017 Jan-Sep 2017
Units 2017 vs 2016 Units ’17 vs ’16
Domestic production
*1
62,404
-3.4% First y/y decrease in 2 months
523,565
-2.9%
Overseas production
*2
29,905
-1.9% 3rd consecutive month of y/y decrease
281,963
+32.8%
Global production total
92,309
-2.9% 3rd consecutive month of y/y decrease
805,528
+7.2%
Passenger vehicles 13,266 +19.0% 9th consecutive month of y/y increase
113,083
+24.8%
Mini vehicles 3,209 -4.7% 3rd consecutive month of y/y decrease 26,419 -0.3%
Japan sales total 16,475 +13.5% 12th consecutive month of y/y increase 139,502 +19.1%
Export total *3
48,804
-5.9% First y/y decrease in 2 months
400,521
-6.6%

〇: Record high for January-September period

< Production >

Despite strong demand for passenger cars in Japan including the Levorg, domestic production slightly decreased year-on-year as production of the Impreza for North America was moved to the U.S.
Overseas production slightly decreased year-on-year, as inventory shortages of the Outback were eased by production capacity increases that had been carried out since July 2016.

< Sales in Japan >

Passenger vehicle sales increased year-on-year, led by strong demand for the all-new Subaru XV and the facelifted Levorg and WRX S4 models.
Mini vehicle sales decreased year-on-year due to a decline in the Stella sales.

< Exports >

Exports from Japan decreased year-on-year due to a decline in shipments to North America and Europe.

< April - September 2017 >

April - September 2017
Units 2017 vs 2016
Domestic Production
*1
346,153
-2.4% First y/y decrease in 6 years
Overseas Production
*2
178,946
+21.2% 4th consecutive year of y/y increase
Global Production Total
525,099
+4.5% 6th consecutive year of y/y increase
Passenger Vehicles
68,647
+28.5% 2nd consecutive year of y/y increase
Mini Vehicles 15,810 -2.5% 2nd consecutive year of y/y decrease
Japan Sales Total 84,457 +21.3% 2nd consecutive year of y/y increase
Export Total *3
271,302
-5.7% First y/y decrease in 6 years

●: Record high for April-September period

< Production >

Domestic production decreased year-on-year, as production of the Impreza was moved to the U.S.
Overseas production increased year-on-year, due to increased production capacity as well as the all-new Impreza’s start of production in November 2016.

< Sales in Japan >

Passenger vehicle sales increased year-on-year, led by strong demand for the all-new Subaru XV and the facelifted Levorg and WRX S4 models.
Mini vehicle sales decreased year-on-year.

< Exports >

Exports from Japan decreased year-on-year, as production of the Impreza for North America was moved from Japan to the U.S.

*1 JAMA (Japan Automobile Manufacturers Association Inc.) report basis (CBU)
*2 Local line-off basis
*3 JAMA report basis

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