diff --git a/target/sh4/translate.c b/target/sh4/translate.c
index 4a1dd0d..3e013b7 100644
--- a/target/sh4/translate.c
+++ b/target/sh4/translate.c
@@ -933,7 +933,7 @@
             t0 = tcg_temp_new();
             tcg_gen_sub_i32(t0, REG(B11_8), REG(B7_4));
             t1 = tcg_temp_new();
-            tcg_gen_xor_i32(t1, t0, REG(B7_4));
+            tcg_gen_xor_i32(t1, t0, REG(B11_8));
             t2 = tcg_temp_new();
             tcg_gen_xor_i32(t2, REG(B11_8), REG(B7_4));
             tcg_gen_and_i32(t1, t1, t2);
diff --git a/tests/tcg/sh4/Makefile.target b/tests/tcg/sh4/Makefile.target
index 521b8b0..7852fa6 100644
--- a/tests/tcg/sh4/Makefile.target
+++ b/tests/tcg/sh4/Makefile.target
@@ -20,3 +20,6 @@
 
 test-addv: CFLAGS += -O -g
 TESTS += test-addv
+
+test-subv: CFLAGS += -O -g
+TESTS += test-subv
diff --git a/tests/tcg/sh4/test-subv.c b/tests/tcg/sh4/test-subv.c
new file mode 100644
index 0000000..a3c2db9
--- /dev/null
+++ b/tests/tcg/sh4/test-subv.c
@@ -0,0 +1,30 @@
+/* SPDX-License-Identifier: GPL-2.0-or-later */
+
+#include <limits.h>
+#include <stdio.h>
+#include <stdlib.h>
+
+static void subv(const int a, const int b, const int res, const int carry)
+{
+    int o = a, c;
+
+    asm volatile("subv %2,%0\n"
+                 "movt %1\n"
+                 : "+r"(o), "=r"(c) : "r"(b) : );
+
+    if (c != carry || o != res) {
+        printf("SUBV %d, %d = %d/%d [T = %d/%d]\n", a, b, o, res, c, carry);
+        abort();
+    }
+}
+
+int main(void)
+{
+    subv(INT_MIN, 1, INT_MAX, 1);
+    subv(INT_MAX, -1, INT_MIN, 1);
+    subv(INT_MAX, 1, INT_MAX - 1, 0);
+    subv(0, 1, -1, 0);
+    subv(-1, -1, 0, 0);
+
+    return 0;
+}