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)
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