Who owns Subaru?

Subaru Corporation is listed on the Tokyo Stock Exchange and is a publicly traded company; its shares are actively quoted on major financial platforms including Yahoo Finance, Bloomberg, CNBC, and Nasdaq.

The company was formerly known as Fuji Heavy Industries Ltd. and changed its name to Subaru Corporation in April 2017.

Subaru Corporation trades on the Tokyo Stock Exchange under ticker symbol 7270 and also as an OTC ADR under ticker FUJHY.

No private equity firm has been identified as a shareholder, investor, or historical owner of Subaru Corporation across any public source reviewed.

Toyota's stake positions it as a strategic minority partner, not a controlling parent; Subaru maintains operational independence. There is no parent company above Subaru Corporation.

The remaining approximately 80% of Subaru is publicly traded on the Tokyo Stock Exchange, with ownership distributed among institutional investors, foreign funds, and individual shareholders.

General Motors previously held ~20% of Fuji Heavy Industries from 1999 to 2005 before selling its entire stake to Toyota; GM has had no ownership involvement since then.

Subaru Corporation (formerly Fuji Heavy Industries, Ltd.) is a Japanese multinational corporation primarily involved in terrestrial and aerospace transportation manufacturing.

Toyota Motor Corporation is the largest single shareholder in Subaru Corporation, holding 21.00% (approximately 20.02% voting rights) of the company's total shares as of March 31, 2025.

Subaru Corporation operates under a one-share-one-vote structure with no dual-class shares or golden shares; Toyota's ~20% stake gives it effective veto-like power over special resolutions but it does not hold a board majority.

The ownership structure also includes substantial holdings by other institutional investors, with foreign entities collectively owning 37.4% of shares and financial institutions holding 26.1%.