Subaru is an independent Japanese automaker owned by Subaru Corporation , a publicly traded company listed on the Tokyo Stock Exchange. No single automaker owns Subaru outright, but Toyota Motor Corporation is the largest strategic shareholder, holding a significant minority stake (commonly reported around one‑fifth of Subaru Corporation’s shares in recent years), which gives Toyota influence but not full control.

In the U.S. market, Subaru vehicles are sold by Subaru of America, Inc., which is an indirect wholly owned subsidiary of Subaru Corporation of Japan.