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4-Traders Homepage  >  Equities  >  Tokyo  >  Suzuki Motor Corp    7269   JP3397200001

SUZUKI MOTOR CORP (7269)
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SUZUKI MOTOR CORPORATION : Suzuki installs mega-solar power facility

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11/18/2013 | 09:51am CET

18 November 2013

Suzuki installs mega-solar power facility

Suzuki Motor Corporation has decided to install mega-solar power facility at the Nakazato Industrial Park located in Makinohara, Shizuoka Prefecture. Suzuki will make a request to the Chubu Electric Power Co., Inc. for the connecting of the power lines and apply to the Ministry of Economy, Trade and Industry for the approving of the facility within this month. The power facility is scheduled to start its operation in the autumn of 2015.

The Suzuki-owned 42 hectares of land in the Nakazato Industrial Park, the location for the mega-solar power facility to be installed, was considered to be suited for the power facility for its great insolation condition.

The generation capacity of the facility is 18 megawatt, which will all be sold to the Chubu Electric Power Co., Inc. The capacity is equal to 5,700 standard households. The investment amount is approximately 5.6 billion yen.

Moreover, Suzuki will promote installing solar panels by utilizing the unused land of Maisaka-cho, located in Nishi-ku, Hamamatsu, and the roof of the Hamamatsu Plant, which is scheduled to be constructed in Miyakoda-cho of the Kita-ku, Hamamatsu. Suzuki will contribute to the local community through its solar power business, and strengthen its efforts on environmental problems by promoting local production of the energy for local consumption.

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2017SUZUKI SEPTEMBER EUROPEAN CAR REGIST : +19% 
Financials ( JPY)
Sales 2018 3 684 B
EBIT 2018 -
Net income 2018 208 B
Finance 2018 521 B
Yield 2018 1,08%
P/E ratio 2018 13,01
P/E ratio 2019 12,12
EV / Sales 2018 0,66x
EV / Sales 2019 0,59x
Capitalization 2 944 B
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 7 146  JPY
Spread / Average Target 19%
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Managers
NameTitle
Toshihiro Suzuki President, CEO, COO & Representative Director
Osamu Suzuki Chairman
Taisuke Toyoda General Manager-Finance
Osamu Honda Director & Chief Engineer
Ichizo Aoyama General Manager-Information Technology
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