Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 28 April 2017, 17:08 HKT/SGT
Share:
    

Source: Honda Motor Co, Ltd
Honda's Consolidated Financial Summary for the Fiscal Year and the Fiscal 4th Quarter ended March 31, 2017

TOKYO, Apr 28, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal year and the fiscal fourth quarter ended March 31, 2017.

Consolidated operating profit for the fiscal year (April 1, 2016 through March 31, 2017) amounted to 840.7 billion yen, an increase of 67.0% compared to the previous fiscal year, due to profit-increasing factors such as an increase in unit sales due to the positive effect of new model introductions, a reduction of selling, general and administrative (SG&A) expenses that include quality-related expenses, cost reduction efforts and the positive effect of pension accounting. This was despite profit-reducing factors such as unfavorable currency effects and an increase in research and development (R&D) expenses. Consolidated profit for the fiscal year attributable to owners of the parent amounted to 616.5 billion yen, an increase of 79.0% compared to the previous fiscal year.

Consolidated operating profit for the fiscal fourth quarter (January 1, 2017 through March 31, 2017) amounted to 138.1 billion yen, an increase of 201.9 billion yen compared to the same period last year, due to profit-increasing factors such as a reduction of SG&A expenses that include quality-related expenses and cost reduction efforts. This was despite profit-reducing factors such as unfavorable currency effects and an increase in R&D expenses.

The quarterly dividend for the fiscal fourth quarter will be 24 yen per share, an increase of 2 yen per share compared to the same period last year. The total dividends to be paid for the fiscal year ended March 31, 2017 are planned to be 92 yen per share, an increase of 4 yen per share compared to the previous fiscal year. The year-end dividends are matters to be resolved at the general shareholders' meeting.


Contact:
Honda
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512


Topic: Press release summary
Source: Honda Motor Co, Ltd

Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Honda Motor Co, Ltd Links

http://www.honda.com

https://plus.google.com/110355594819754396833

https://www.facebook.com/HondaJP

https://twitter.com/HondaJP

https://www.youtube.com/user/HondaJPPR

https://jp.linkedin.com/company/honda

Honda Motor Co, Ltd
June 30, 2025 18:25 HKT/SGT
Six Companies Establish BlueRebirth Council to Expand Use of Recycled Materials in New Vehicles
June 30, 2025 18:20 HKT/SGT
Honda Changes Plan to Build New Production Plant for Next-generation Fuel Cell Module in Japan
June 26, 2025 12:30 HKT/SGT
Honda Opens "Honda Software Studio Osaka" as New Software Development Operation
June 26, 2025 12:29 HKT/SGT
Honda Issues "Honda ESG Report 2025"
June 17, 2025 16:45 HKT/SGT
Honda Celebrates 60th Anniversary of First F1 Victory with Special Events Program
June 16, 2025 15:37 HKT/SGT
Honda Teams to Compete in 2025 FIM Endurance World Championship "Coca-Cola" Suzuka 8 Hours Endurance Road Race 46th Tournament
May 30, 2025 10:54 HKT/SGT
Honda to Co-develop Refueling Port Connecting System for On-orbit Satellite Refueling with Astroscale
May 23, 2025 11:17 HKT/SGT
Honda Expands Production Capacity by Adding New Production Line at Fourth Motorcycle Plant in India
May 23, 2025 10:32 HKT/SGT
Honda Reaches 500 Million-Unit Milestone in Cumulative Global Motorcycle Production
May 15, 2025 12:37 HKT/SGT
Honda and Quemix Co-develop a New, World's First Quantum State Readout Technology
More news >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: