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Annual Report 2020 Business Foundation Value Creation Growth Strategy Value Creation Outcomes Corporate Data Supporting Value Creation

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Annual Report 2020 Business Foundation Value Creation Growth Strategy Value Creation Outcomes Corporate Data Supporting Value Creation History of the SUBARU Group SUBARU, which can trace some of its roots to Aircraft Research Laboratory, has continuously nurtured highly creative technologies and increased corporate value by enhancing the SUBARU brand to respond to major changes in the times. 1917 Establishment of Aircraft Research Laboratory 1991 Participation in the Boeing 777 program 1931 Establishment of Nakajima Aircraft Co., Ltd. 1993 Start of operation of the Handa Plant Change of company name from Capital and business alliance with 1945 1999 Nakajima Aircraft to Fuji Sangyo General Motors Corporation (GM) (USA) 1999 Business alliance with Suzuki Motor Corporation Dissolution of the business alliance with 2000 1946 Production of the Nissan Motor Co., Ltd. first Rabbit Scooter Dissolution of the SIA joint venture with Isuzu Motors Ltd. 2002 and formal signing of a contract production agreement The Legacy wins the 2003–2004 2003 Car of the Year Japan award Establishment of Fuji Heavy Industries Ltd. Subaru of Indiana Automotive, Inc. (SIA) 1953 2003 Start of aircraft production and automobile development made a wholly owned subsidiary Participation in the Boeing 787 program 1960 Opening of the Gunma Main Plant 2005 Delivery of main wings for next-generation transport aircraft and next-generation fixed-wing patrol aircraft 1960 Listing of shares on the Tokyo Stock Exchange Dissolution of the alliance with GM, agreement to enter 2005 Signing of a business alliance agreement with into a business alliance with Toyota Motor Corporation 1966 Isuzu Motors Ltd. 2007 Start of production of Toyota cars (Camry) at SIA 1968 Establishment of Subaru of America, Inc. (SOA) Start of knockdown production of the 2012 SUBARU XV in Malaysia 1968 Dissolution of the business alliance with Isuzu Motors Ltd. Termination of production of mini-vehicles and 2012 Signing of a business alliance agreement with shift to marketing on an OEM basis 1968 Nissan Motor Co., Ltd. Signing of an agreement to participate in a project to 2014 develop and mass produce the Boeing 777X Start of exports of Robin engines for 1968 snowmobiles to Polaris (USA) Termination of contract production of the Toyota Camry at SIA 2016 1969 Start of operation of the Yajima Plant Transfer of production of Impreza vehicles for North America to SIA Release of the Leone 4WD Estate Van, 1972 All-new Impreza Sport/GR wins the 2016–2017 the world’s first mass-production 4WD passenger vehicle 2016 Car of the Year Japan award 1978 Conclusion of a 767 business agreement with Boeing 2017 Change of company name to SUBARU CORPORATION 1983 Start of full-scale operation of the Oizumi Plant Termination of production and sales of 2017 SUBARU general-purpose engines and generators Release of the Justy model equipped with the world’s 1987 first electro-continuously variable transmission (ECVT) 2018 Introduction of the SUBARU BELL 412EPX helicopter Agreement on the further developing and Establishment of Subaru-Isuzu Automotive, Inc. (SIA) 1987 strengthening of SUBARU’s long-term partnership with in the U.S. in a joint venture with Isuzu Motors Ltd. 2019 Toyota Motor Corporation under a new business and capital alliance 1989 Establishment of Subaru Canada, Inc. (SCI) 1989 Completion of Subaru Research & Testing Center (SKC) 1990 Subaru of America (SOA) made a wholly owned subsidiary 85 Annual Report 2020 Business Foundation Value Creation Growth Strategy Value Creation Outcomes Corporate Data Supporting Value Creation SUBARU Models 1977 1997 2014 through the Years Brat released Forester released Levorg released 1958 1983 1998 2014 SUBARU 360 released Domingo released Pleo released WRX released 1961 1984 2003 2018 SUBARU Justy released Outback released Ascent released Sambar truck released (Exclusively for North America) 1966 1985 2005 SUBARU 1000 Alcyone released B9 Tribeca released four-door sedan released 1969 1989 2008 R-2 released Legacy series released Exiga released 1971 1992 2012 Leone coupe released Vivio released SUBARU BRZ released 1972 1992 2012 Rex released Impreza series released SUBARU XV released Annual Report 2020 86 Corporate Information Domestic Facilities Number of Land Area Building Area Name Location Employees Main Products (Thousand m2) (Thousand m2) (Persons) Head Office (Ebisu) Tokyo 4 14 681 — SUBARU Training Facility Tokyo 10 13 42 — (SUBARU Academy) Head Office Parts Distribution Center, Pre Delivery Inspection Center, 573 Other Gunma 247 171 — parking lot, [12] Vicinity of Oizumi Plant, etc. Tokyo Office Tokyo 158 79 1,688 — 585 LEVORG, IMPREZA, SUBARU XV, Gunma Main Plant Gunma 330 4,735 [14] WRX, and SUBARU BRZ LEGACY, OUTBACK, IMPREZA, Gunma Yajima Plant Gunma 550 319 3,271 SUBARU XV, and FORESTER Automotive Automobile engines and Gunma Oizumi Plant Gunma 304 238 2,872 Business Unit Gunma transmissions Plant Gunma Ota North Plant Gunma 44 25 0 — SUBARU Tochigi 1,081 25 162 — R&E Center (Sano) SUBARU Hokkaido 3,614 0 0 — R&E Center (Bifuka) Utsunomiya Plant Tochigi 572 228 1,847 Aircraft Aerospace Handa Plant Aichi 59 31 293 Aircraft Company Handa West Plant Aichi 51 13 44 Aircraft Subtotal (1) 7,605 1,562 15,806 The site of airport Gunma 622 0 Utsunomiya airstrip Tochigi 105 0 Welfare facility — 215 96 Other Lease to affiliates Aichi 37 8 Isesaki business office Gunma 157 60 Eco Utsunomiya factory Tochigi 6 1 Saitama Plant Saitama 143 74 Subtotal (2) 1,285 239 Total (1)+(2) 8,890 1,801 1. [ ]: area of tenancy 2. Welfare facility includes 37 sites of dormitories and company houses 3. Number of employees excludes executive officers, advisors, and dispatches 87 Annual Report 2020 Business Foundation Value Creation Growth Strategy Value Creation Outcomes Corporate Data Supporting Value Creation (As of April 1, 2020) Main Subsidiaries (Domestic) (Number of employees: as of March 31, 2020) Capital Number of FYE March 2020 Investment Name Established Location Representative (Millions of Employees Net Sales Operations Ratio* (%) yen) (Persons) (Millions of yen) Manufacture and sales of automobile parts, Tamaki Fuji Machinery Co., Ltd. 1950. 7. 18 Gunma 480 100.0 483 44,077 industrial product parts and agricultural Kamogawa transmissions Satoshi Manufacture and sales of forging parts of Ichitan Co., Ltd. 1951. 2. 2 Gunma 480 100.0 231 20,060 Maeda automobile and industrial machinery Manufacture of specially-equipped SUBARU Toshiaki automobiles, engines, and sheet metal repair KIRYU INDUSTRY Co., Ltd. 1960. 12. 23 Gunma 400 100.0 309 11,705 Tamegai parts, remanufacture of transmissions, and after-sales service for industrial products Management of motor sports activities, sales Subaru Tecnica International Yasuo of motor sports parts and merchandise, 1988. 4. 2 Tokyo 250 100.0 112 4,828 Inc. Hiraoka technical development, R&D support, and automobile maintenance Subaru Used cars Sales & Masahiro Tack-related operation of used cars, 1988. 4. 2 Kanagawa 100 100.0 20 2,659 Marketing Co., Ltd. Maeda head office of SUAA Kanto, sales of supplies Sales, research & development, licensing of Toshio technology and import-export business of Subaru Auto Accessories Ltd. 1987. 3. 9 Saitama 70 100.0 74 14,011 Masuda automobile accessories, parts and service materials Shipping, land freight, warehousing, Masaki Subaru Logistics Co., Ltd. 1986. 3. 27 Gunma 96 100.0 360 23,515 maintenance and insurance for automobiles Okawara and their components Junichi Storing and shipping of automobiles for H. B. C. Co., Ltd. 1983. 8. 29 Kanagawa 490 68.0 8 817 Tsukamoto international sales Mitsuru Leasing and rental of SUBARU automobiles, Subaru Finance Co., Ltd. 1988. 7. 1 Tokyo 2,000 100.0 222 24,856 Takahashi credit, financing and sales of auto insurance Design, plan, research, experiment, Hiromi examination and compile technical material SUBARU TECHNO CORPORATION 1985. 3. 2 Tokyo 70 100.0 970 9,164 Tamou of automobile, aircraft, general-purpose engine and environmental tool Development of technical service documents Yoshinori Subaru Intelligent Service Ltd. 2005. 3. 1 Tokyo 40 75.0 58 2,555 including service manuals and owners Saito manuals Eiji Yusoki Kogyo K. K. 1950. 7. 15 Aichi 100 100.0 135 2,142 Manufacture and sales of aircraft parts Tanikawa Fuji Aircraft Maintenance Takayuki Inspection, service and maintenance of 1988. 10. 31 Tokyo 30 100.0 190 1,450 Co., Ltd. Kobayashi aircraft and onboard equipment Yasuhiro Fuji Aerospace Corporation 1991. 6. 14 Tochigi 30 100.0 175 1,645 Processing and assembly of aircraft parts Hamanaka Contract design, drafting, translation, Fuji Aerospace Technology 1994. 4. 1 Tochigi TBD 20 100.0 94 2,732 calculation, analytical testing and software Co., Ltd. development for aircraft Deal/rental of real estate, administrative Masami operation of rental hall and conference room, Subaru Kohsan Co., Ltd. 1977. 2. 2 Tokyo 675 100.0 85 7,058 Iida administrative operation/rental of parking ground, travel agency Development, maintenance and operation of SUBARU IT CREATIONS Nozomu information systems and related consulting 1993. 4. 1 Saitama 100 100.0 294 21,983 CORPORATION Oyama services; sales and leasing of information equipment Sales of office supplies and daily Subaru Living Service Masami 1988. 4. 2 Tokyo 20 100.0 307 19,033 commodities, real estate services, and Co., Ltd. Iida personal import services *On a consolidated basis Annual Report 2020 88 Corporate Information (As of April 1, 2020) Main Subsidiaries (Overseas) (Number of employees: as of March 31, 2020) Number of Investment Region Name Established Address Representative Employees Operations Ratio* (%) (Persons) One Subaru Drive, Camden, Thomas J. Sales of SUBARU vehicles and Subaru of America, Inc. 1968.2 100 1,286 NJ 08103, U.S.A. Doll supplies Manufacture of SUBARU vehicles, 5500 State Road 38 East, Lafayette, Fumiaki Subaru of Indiana Automotive, Inc. 1987.3 100 6,322 purchasing of parts, sales for Subaru IN 47905, U.S.A. Hayata of America, Inc. C/O Subaru of America, Inc. Technical research on SUBARU Makoto North American Subaru, Inc.
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