BDN’s recently reported suspicion that Suzuki Motor Corporation had abandoned a scheduled annual results release date for its fiscal year to the end of March has proved to be correct.
Suzuki has just issued a statement explaining the delay: “Due to the global spread of Covid-19, lockdown measures have been implemented in countries around the world as well as the Japanese government’s declaration of a State of Emergency. So it is taking longer than usual for our company and consolidated subsidiaries to work on financial results. Accordingly, the company has decided to postpone the results announcement to 26 May.”