Who Owns Subaru of America, Inc.?
Updated onExplore the ownership hierarchy of Subaru of America, Inc.. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Subaru of America, Inc.
Subaru of America, Inc. is the U.S. sales, marketing, and distribution subsidiary of Japan’s Subaru Corporation, selling Subaru cars, SUVs, and EVs through a nationwide retailer network.
Starts at $23,495 / vehicle
Subaru Corporation
Subaru Corporation is a Japanese public company that manufactures and sells Subaru automobiles and aerospace products worldwide.
Subaru of America, Inc.
Subaru of America, Inc. is the U.S. sales, marketing, and distribution subsidiary of Japan’s Subaru Corporation, selling Subaru cars, SUVs, and EVs through a nationwide retailer network.
Starts at $23,495 / vehicle
Subaru Corporation
Subaru Corporation is a Japanese public company that manufactures and sells Subaru automobiles and aerospace products worldwide.
Major Shareholders
Subaru of America, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Subaru Corporation Subaru of America, Inc. is described by Subaru and industry associations as an indirect wholly owned subsidiary of Subaru Corporation of Japan, meaning Subaru Corporation ultimately holds 100% of Subaru of America’s equity and voting rights. In March 2022 Subaru Corporation announced the creation of Subaru USA Holdings Inc., a wholly owned U.S. holding company, and contributed all shares of its U.S. subsidiaries — including Subaru of America, Inc. — to this holding company, so Subaru Corporation’s ownership is now exercised indirectly through Subaru USA Holdings. Subaru Corporation is itself a public company listed on the Tokyo Stock Exchange (7270); its largest shareholder is Toyota Motor Corporation, which holds roughly 21% of Subaru’s shares, and other significant shareholders include BlackRock, Nomura Asset Management, The Vanguard Group, Sumitomo Mitsui Trust Asset Management, Amova Asset Management, Daiwa Asset Management, Dimensional Fund Advisors, Mizuho Financial Group and Norges Bank Investment Management, based on 2025 shareholding disclosures for Subaru Corporation. | Corporate | 100.0% | 100.0% | May 2025 |
Subaru Corporation
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Toyota Motor Corporation Largest strategic shareholder of Subaru Corporation; stake based on Subaru’s official Stock Overview major shareholder list (as of September 30, 2025). | Corporate | 21.2% | 21.2% | Sep 2025 |
The Master Trust Bank of Japan, Ltd. (trust account) Japanese trust bank acting as a nominee for multiple underlying investors; percentage from Subaru’s Stock Overview (Major Shareholders as of September 30, 2025). | Institutional | 15.5% | 15.5% | Sep 2025 |
Custody Bank of Japan, Ltd. (trust account) Custodian / trust account holding shares on behalf of various beneficial owners; data from Subaru’s official Stock Overview (as of September 30, 2025). | Institutional | 4.7% | 4.7% | Sep 2025 |
JPMorgan Securities Japan Co., Ltd. Brokerage / securities arm of JPMorgan in Japan, holding Subaru shares (proprietary and/or client positions); stake from Subaru’s Stock Overview (as of September 30, 2025). | Institutional | 2.7% | 2.7% | Sep 2025 |
STATE STREET BANK WEST CLIENT – TREATY 505234 Nominee account of State Street Bank West for treaty clients; institutional custodian holding Subaru shares for underlying investors. Figures from Subaru’s Stock Overview (as of September 30, 2025). | Institutional | 1.9% | 1.9% | Sep 2025 |
STATE STREET BANK AND TRUST COMPANY 505001 State Street Bank and Trust nominee account holding Subaru shares for clients; percentage from Subaru’s official Major Shareholders table (as of September 30, 2025). | Institutional | 1.8% | 1.8% | Sep 2025 |
NSL DTT CLIENT ACCOUNT 1 Client/nominee account (institutional holder) whose ultimate beneficial owners are not individually disclosed; stake from Subaru’s Stock Overview (as of September 30, 2025). | Institutional | 1.4% | 1.4% | Sep 2025 |
BNYM AS AGT/CLTS 10 PERCENT Bank of New York Mellon acting as agent for clients (10 percent account); institutional nominee holder of Subaru shares. Data from Subaru’s Major Shareholders list (as of September 30, 2025). | Institutional | 1.4% | 1.4% | Sep 2025 |
Mizuho Bank, Ltd. Large Japanese commercial bank holding Subaru shares; categorized as a financial institutional shareholder. Percentage from Subaru’s Stock Overview (as of September 30, 2025). | Institutional | 1.4% | 1.4% | Sep 2025 |
Government of Norway Sovereign shareholder representing the Norwegian state (typically via its sovereign wealth investment structures); holding from Subaru’s official Major Shareholders table (as of September 30, 2025). | Government | 1.2% | 1.2% | Sep 2025 |
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