trending Market Intelligence /marketintelligence/en/news-insights/trending/N5oOKGIDP5iS2NWIz3qgLA2 content esgSubNav
In This List

Honda Motor fiscal Q4 profit falls YOY

Blog

Corporate and Municipal CUSIP Request Volumes Slow in August

Blog

Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

CASE STUDY

A Trade Finance Firm Ups Its Game With Supply Chain Intelligence

Blog

Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns


Honda Motor fiscal Q4 profit falls YOY

Honda Motor Co., Ltd. said its normalized net income for the fiscal fourth quarter ended March 31 amounted to ¥38.61 per share, a decrease of 57.0% from ¥89.68 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥69.58 billion, a decrease of 57.0% from ¥161.63 billion in the year-earlier period.

The normalized profit margin dropped to 1.7% from 4.3% in the year-earlier period.

Total revenue grew 7.3% year over year to ¥4.035 trillion from ¥3.761 trillion, and total operating expenses climbed 10.9% year over year to ¥3.904 trillion from ¥3.522 trillion.

Reported net income fell 61.8% from the prior-year period to ¥84.51 billion, or ¥46.89 per share, from ¥221.10 billion, or ¥122.68 per share.

For the year, the company's normalized net income totaled ¥250.92 per share, compared to ¥300.99 per share in the prior year.

Normalized net income was ¥452.23 billion, a fall from ¥542.48 billion in the prior year.

Full-year total revenue increased year over year to ¥13.328 trillion from ¥12.506 trillion, and total operating expenses rose year over year to ¥12.657 trillion from ¥11.682 trillion.

The company said reported net income fell year over year to ¥509.44 billion, or ¥282.66 per share, in the full year, from ¥624.70 billion, or ¥346.62 per share.

As of June 26, US$1 was equivalent to ¥123.96.