Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first quarter ended June 30, 2024
Q1 Ended
- In motorcycle business operations, global sales volume increased, mainly in
India andBrazil . - Automobile business operations were robust as well. In addition to strong sales of hybrid models, the positive effect of pricing commensurate with improvement in product value led to increased profits in each of these business areas compared to the same period last year.
- Total Profit: Operating Profit
484.7 billion yen / Operating Margin 9.0%
FYE
- We have revised auto sales units for
China downward by 220,000 units. - Operating profit, operating margin and net profit attributable to the owners of the parent company remain unchanged from our previous forecast*.
*Previous forecast: announced onMay 10 th
Initiatives to further strengthen corporate governance
Step 1 : |
Conducted the secondary offering for |
Step 2 : |
Conducted the sale of shares, held by |
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