Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal third quarter ended December 31, 2024

PR Newswire

TOKYO, Feb. 13, 2025

TOKYO, Feb. 13, 2025 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter ended December 31, 2024.

Nine Months Ended December 31, 2024 Apr. -- Dec.)

   -- Operating Profit 1,139.9 bil. Yen / Operating Margin 7.0% 
 
   -- In motorcycle business, Unit Sales achieved over 15 million 508 thousand 
      in nine months mainly due to strong sales in global. 
 
   -- In automobile business, Unit Sales decreased by 297 thousand due to a 
      decrease in sales in Asia, mainly China, despite strong sales in North 
      America. 
 
   -- Operating cash flows after R&D adjustment 1,945.0 bil. Yen. 

Financial Forecast for FYE March 31, 2025

   -- Operating Profit 1,420.0 bil. Yen / Profit for the year 950.0 bil. Yen 
 
   -- In motorcycle business, Unit Sales revised upward to record sales volume. 
 
   -- In automobiles business, Unit Sales revised downward from 3.8 million to 
      3.75 million, mainly reflecting a decrease in Japan. 
 
   -- Operating profit and profit for the year remain unchanged from our 
      previous forecast*.* Previous forecast: announced on November 6 

Shareholder Returns

   -- About status of Acquisition of the Company's Own Shares, 184.9 billion 
      yen has been acquired, for the share buyback of 1 trillion 100 billion 
      yen resolved on December 23, 2024 (as of January 31, 2025). 
 
   -- We continue to aim for the completion of up to 1 trillion 100 billion yen 
      / 1.1 billion shares in share buyback. 

Honda's financial results can be accessed from following web site address.

https://global.honda/en/investors/library/documents.html

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SOURCE Honda Motor Co., Ltd.

/CONTACT: MITSUKI NAKATSUKA (Mr.); Honda Motor, Investor Relations; Phone #: +81 80 7396 5787(cell phone)

(END) Dow Jones Newswires

February 13, 2025 07:26 ET (12:26 GMT)