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    7270   JP3814800003

SUBARU CORPORATION

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Delayed Japan Exchange  -  02:00 2022-08-08 am EDT
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Subaru Outback wins Japan New Car Assessment Program Best Award 2021; with the highest overall evaluation score among five-star rated vehicles

05/26/2022 | 11:57am EDT

Tokyo - Subaru Corporation today announced that the Outback (Japan model) won the Best Award 2021 in Japan New Car Assessment Program (JNCAP) conducted by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and the National Agency for Automotive Saftey and Victim's Aid (NASVA). Following the 2020 Best Award won by the Levorg last year, Subaru has won the highest award from JNCAP for 2 consecutive years.

Outback Limited EX (Japan model) 	JNCAP Best Award 2021

In JNCAP 2021, the Five Star Award is given to vehicles equipped with automatic accident emergency call system which have received the 'A rank' evaluation for both collision safety performance and preventive safety performance. The Outback has received the 'A rank' in the respective safety performance categories and with its Advanced Automatic Collision Notification system available under Subaru STARLINK connected services. Among all the Five Star awarded vehicles, the Outback has earned the highest overall evaluation points (185.02 out of 190 points) and it has received the JNCAP Best Award 2021.

In the area of collision safety performance, the Outback has adopted the combination of the Subaru Global Platform and a full inner frame construction, which achieves higher rigidity and crash absorption compared to the previous model. Moreover, a second load path structure has been adopted with the aim of reducing damage not only to the occupants of the own vehicle but also to those of the collision partner in the event of a crash. The Outback protects driver and passengers with eight standard airbags, and pedestrian protection airbag is also a standard equipment to reduce the impact on pedestrian.

In the area of preventive safety performance, the new generation EyeSight with wider viewing angle is a standard equipment on all models of the Outback, in combination with the newly added electric brake booster which improve responsiveness of braking assist to support collision avoidance at intersections in various situations.

Pursuing the goal of 'delivering happiness to all,' Subaru will continue to enhance safety through its primary, driving, passive, preventive, and newly-added connected safety technologies under its 'all-around safety' principle, which underpins enjoyment and peace of mind for all drivers and passengers. Through these efforts, we aim to achieve zero fatal road accidents*1 by 2030.

< Evaluation Results for Legacy Outback (link to NASVA Website) >

https://www.nasva.go.jp/mamoru/en/assessment_car/detail/100

*1: Zero fatal road accidents among occupants of Subaru vehicles and people who collided with Subaru vehicles including pedestrians and cyclists.

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SUBARU CO., LTD. 0.19% 5180 Delayed Quote.8.16%
SUBARU CORPORATION 1.26% 2409 Delayed Quote.15.65%
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Financials
Sales 2023 3 626 B 26 784 M 26 784 M
Net income 2023 183 B 1 353 M 1 353 M
Net cash 2023 519 B 3 834 M 3 834 M
P/E ratio 2023 9,98x
Yield 2023 2,82%
Capitalization 1 848 B 13 646 M 13 646 M
EV / Sales 2023 0,37x
EV / Sales 2024 0,28x
Nbr of Employees 36 910
Free-Float 76,9%
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Number of Analysts 17
Last Close Price 2 379,00 JPY
Average target price 2 708,13 JPY
Spread / Average Target 13,8%
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Managers and Directors
Tomomi Nakamura Executive Officer & Deputy GM-Global Marketing
Katsuyuki Mizuma CFO, Director & Chief Risk Management Officer
Kazuo Hosoya Deputy General Manager-Domestic Sales
Takuji Dai Chief Information Officer
Tetsuro Fujinuki Chief Technology Officer
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