TOKYO -- Subaru appears likely to log zero growth in operating profit this fiscal year, as higher sales incentives and other costs in the increasingly competitive U.S. market squeeze the Japanese automaker's margins.
Group operating profit for the year ending in March 2018 is expected to total around 410 billion yen ($3.63 billion), while sales are seen rising 3% to about 3.4 trillion yen. Subaru is likely to keep its dividend unchanged at the 144 yen per share forecast for the just-ended fiscal year.
