Suzuki vs Visteon: Revenue, Profit and Business Model
Suzuki had ~$42.2B of annual revenue in FY2026 and ~$2.9B of net income. Visteon had $3.8B of annual revenue in FY2025 and $201M of net income.
Latest financial snapshot
Financial summary
Suzuki
Suzuki Motor Corporation (TYO: 7269) reported FY2025 (year ended March 31, 2026) revenue of ~$42.2 billion (¥6,293.0 billion), up 8.0% from ~$39 billion (¥5,825.2 billion), helped by stronger Indian demand after GST cuts. Operating profit fell 3.1% to ~$4.17 billion (¥622.9 billion) (9.9% margin) on yen strength and raw-material costs, while net profit attributable to owners rose to ~$2.94 billion (¥439.3 billion). In Q1 FY2026 (April-June 2026) revenue rose 22% to ~$11.4 billion (¥1,705.8 billion) and operating profit 11% to ~$1.06 billion (¥158.0 billion); Suzuki raised its full-year revenue forecast to ~$46.2 billion (¥6,900 billion) but cut its operating profit forecast to ~$3.62 billion (¥540 billion), citing Middle East instability and higher material costs.
Visteon
Visteon's 2025 net sales fell about 3% to USD 3.768 billion, with price-downs and lower BMS volumes offsetting roughly 20% growth in displays. Profitability still improved: gross margin was USD 532 million and adjusted EBITDA a record USD 492 million (13.1%). Net income attributable to Visteon dropped to USD 201 million from USD 296 million, mainly because of tax valuation allowance changes and a pension transfer charge. In Q2 2026, sales were USD 960 million versus USD 969 million a year earlier, adjusted EBITDA was USD 116 million, net cash was USD 351 million, and the company reaffirmed full-year sales guidance of USD 3.625 billion to USD 3.825 billion.
Revenue and profit by year
Suzuki
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | ~$42.2B | ~$2.9B | 7.0% | +8.0% | Source |
| FY2025 | ~$39B | ~$2.8B | 7.1% | +8.4% | Source |
| FY2024 | ~$36B | ~$1.8B | 5.0% | +15.8% | Source |
| FY2023 | ~$31.1B | ~$1.5B | 4.8% | +30.1% | Source |
| FY2022 | ~$23.9B | ~$1.1B | 4.5% | — | Source |
Visteon
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $3.8B | $201M | 5.3% | -2.5% | Source |
| FY2024 | $3.9B | $296M | 7.7% | -2.2% | Source |
| FY2023 | $4B | $568M | 14.4% | +5.3% | Source |
| FY2022 | $3.8B | $124M | 3.3% | +35.4% | Source |
| FY2021 | $2.8B | $41M | 1.5% | +8.8% | Source |
| FY2020 | $2.5B | -$56M | -2.2% | -13.5% | Source |
| FY2019 | $2.9B | $70M | 2.4% | -1.3% | Source |
| FY2018 | $3B | $164M | 5.5% | -5.1% | Source |
| FY2017 | $3.1B | $176M | 5.6% | -0.5% | Source |
| FY2016 | $3.2B | $75M | 2.4% | — | Source |
Where the revenue comes from
Suzuki
- Passenger Automobile Manufacturing & Sales~88%
Engineering and mass-producing compact hatchbacks, sedans, and SUVs (Swift, Baleno, Brezza, Grand Vitara, Jimny, Wagon R) sold across India, Japan, Europe, and Latin America.
- Motorcycles & ATVs~8%
Producing commuter scooters (Access 125, Burgman) and high-performance sportbikes (Hayabusa, V-Strom, GSX-R series).
- Marine Outboard Engines & Power Equipment~4%
Manufacturing high-horsepower four-stroke outboard motors for commercial fishing and recreational marine vessels.
Visteon
- Digital cockpit electronics
- Automotive displays
- Instrument clusters
- Infotainment systems
- Cockpit domain controllers
- Battery management systems
Business model and strategy
Suzuki
How it makes money
Suzuki Motor Corporation operates a diversified multinational automotive, motorcycle, and marine manufacturing model. Its primary revenue streams comprise: First, Passenger Automobile Manufacturing & Sales (~88% of revenue), engineering and mass-producing compact hatchbacks, sedans, and SUVs (Swift, Baleno, Brezza, Grand Vitara, Jimny, Wagon R) sold across India, Japan, Europe, and Latin America.
Growth strategy
Suzuki Motor Corporation's growth strategy centers on its 'Growth Strategy for FY2030', focused on dominating emerging markets (especially India via Maruti Suzuki), scaling global small-car manufacturing, and executing a pragmatic multi-pathway electrification approach.
Competitive advantage
Suzuki's advantage is its engineering of lightweight, fuel-efficient small cars and its position in India through Maruti Suzuki. It holds roughly 40% of the Indian passenger vehicle market, supported by a sales and service network of more than 4,000 outlets, which builds customer trust and gives it cost advantages in affordable cars.
Visteon
How it makes money
Visteon is a Tier 1 supplier. It bids for cockpit electronics programs on specific vehicle platforms, usually years before production starts, and is paid per unit once those vehicles are built. Displays, instrument clusters, infotainment and SmartCore domain controllers make up most sales, with battery management systems for EVs a smaller line.
Growth strategy
Visteon's growth strategy is to deepen its digital cockpit portfolio, win more domain controller and display programs, expand with Asian and European OEMs, support electric and software-defined vehicle platforms, and use disciplined M&A or partnerships to add technology.
Competitive advantage
Visteon's advantage comes from focus. After exiting climate and interiors, it became a cockpit electronics specialist with global engineering, OEM qualification history, and domain-controller know-how. It has the credibility to win programs with large automakers and the operating discipline to convert those wins into margins.
Questions about Suzuki vs Visteon
Which company has higher revenue — Suzuki Motor Corporation or Visteon Corporation?
Suzuki Motor Corporation had ~$42.2B (FY2026), while Visteon Corporation had $3.8B (FY2025). By latest annual revenue, Suzuki Motor Corporation is the larger business, with Visteon Corporation showing a smaller revenue base. Note: these are from different fiscal years and are not a direct like-for-like comparison.
What is the market cap of Suzuki Motor Corporation vs Visteon Corporation?
Suzuki Motor Corporation has a market capitalisation of $26.0B. A public market cap figure for Visteon Corporation was not available (it may be privately held).
How does revenue per employee compare for Suzuki Motor Corporation and Visteon Corporation?
Suzuki Motor Corporation has $602k / employee in revenue per employee, while Visteon Corporation has $359k / employee. Headcounts may use different dates, so the ratio alone does not establish which business operates more efficiently.
How do Suzuki Motor Corporation and Visteon Corporation make money?
Suzuki Motor Corporation and Visteon Corporation generate revenue in fundamentally different ways. Suzuki Motor Corporation: Suzuki Motor Corporation operates a diversified multinational automotive, motorcycle, and marine manufacturing model. Visteon Corporation: Visteon is a Tier 1 supplier.
Is Suzuki Motor Corporation bigger than Visteon Corporation?
By last reported revenue, Suzuki Motor Corporation (~$42.2B (FY2026)) is the larger company compared to Visteon Corporation ($3.8B (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Suzuki vs Visteon overview