Subaru revised earnings guidance for the first half and full year of fiscal 2018. The company now expects its first-half net profit to come in at JPY 88.5 billion, down from a previous forecast of JPY 145 billion. This would equate to a decline of around 46% year on year (y/y) from JPY 163.84 billion in the same period last year. Meanwhile, the company also expects its net profit for the full year of fiscal 2018 to come in at JPY 228.5 billion, down from a previous forecast of JPY 285 billion and a 19.0% year-on-year decline from last year's net profit of JPY 282.4 billion.