Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 1 August 2017, 15:45 HKT/SGT
Share:
    

Source: Honda Motor Co, Ltd
Honda Releases Consolidated Financial Summary for the Fiscal 1st Quarter ended June 30, 2017

TOKYO, Aug 1, 2017 - (JCN Newswire) - Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal first quarter ended June 30, 2017.

Consolidated operating profit for the fiscal first quarter (April 1, 2017 through June 30, 2017) amounted to 269.2 billion yen, an increase of 0.9% compared to the same period last year, due to profit-increasing factors such as an increase in profit related to changes in sales volume and model mix and cost reduction efforts. This was despite profit-reducing factors such as an increase in selling, general and administrative (SG&A) expenses. Consolidated profit before income taxes for the fiscal first quarter amounted to 335.0 billion yen, an increase of 16.1% compared to the same period last year. Consolidated profit for the fiscal first quarter attributable to owners of the parent amounted to 207.3 billion yen, an increase of 18.7% compared to the same period last year.

Reflecting the favorable currency effects recorded during the fiscal first quarter, the following upward revisions were made to the previously announced consolidated financial forecasts for the current fiscal year (April 1, 2017 through March 31, 2018). The forecast for consolidated sales revenue was revised upward by 300.0 billion yen to 14.5 trillion yen, operating profit was revised upward by 20.0 billion yen to 725.0 billion yen, and the forecast for profit for the current fiscal year attributable to owners of the parent was revised upward by 15.0 billion yen to 545.0 billion yen.

The quarterly dividend for the fiscal first quarter will be 24 yen per share (an increase of 2 yen per share compared to the same period last year), and total dividends to be paid for the fiscal year ending March 31, 2018 are expected to be 96 yen per share (an increase of 4 yen per share compared to the previous fiscal year).


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
Oct 3, 2025 21:36 HKT/SGT
Honda Announces New Investment in Motorcycle Plant in Brazil
Sept 30, 2025 18:20 HKT/SGT
Overview of Honda Booth Exhibits at Japan Mobility Show 2025
Sept 29, 2025 16:08 HKT/SGT
Production, Sales and Export Results for August, 2025
Sept 26, 2025 19:21 HKT/SGT
Yuki Tsunoda to Drive RA272, Honda's First F1(R)-Winning Car, in a Showrun at the F1 MEXICAN GRAND PRIX on October 26
Sept 18, 2025 23:42 HKT/SGT
Honda Koraidon Ride on Experience and Onboard Showrun to be Held at Honda Collection Hall
Sept 17, 2025 16:46 HKT/SGT
Honda Announces New Electric Motorcycle "Honda WN7" in Europe
Sept 16, 2025 14:00 HKT/SGT
Honda Develops New "Chemical Sorting" Technology to Separate Solid Contaminants from Waste Plastics Derived from End-of-life Automobiles
Sept 9, 2025 18:06 HKT/SGT
The 46th Honda Prize 2025 Awarded to Dr. Kenichi IGA
Sept 8, 2025 17:53 HKT/SGT
Toni Bou Wins 19th Consecutive FIM Trial World Championship Title
Sept 8, 2025 14:56 HKT/SGT
Honda to Commercialize UNI-ONE Hands-Free Personal Mobility Device
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: