Summary of Consolidated Financial Results for the Fiscal 1st Quarter ended June
Tokyo, July 31, 2013 - (JCN Newswire) - Honda Motor Co., Ltd. announced its
consolidated financial results for the fiscal first quarter ended June 30,
Despite some profit-reducing factors such as an increase in expenses necessary
for the future growth of the company including R&D expenses and expenses
related to the startup of new production plants and changes in revenue and
model mix in Japan and North America, consolidated operating income for the
fiscal first quarter (April 1, 2013 through June 30, 2013) amounted to 184.9
billion yen, an increase of 5.1% compared to the same period last year, due
primarily to increased motorcycle sales in Asia, increased automobile sales in
all regions except for Japan, reduced costs and favorable currency effects due
to the depreciation of the Japanese yen.
Previously announced forecasts for consolidated financial results for the
current fiscal year ending March 31, 2014 will remain unchanged based on the
results for this fiscal first quarter.
The quarterly dividend for the fiscal first quarter will be 20 yen per share,
1 yen increase compared to the quarterly dividend for the same period last
year. The total cash dividends to be paid for the fiscal year ending March 31,
2014 are planned to be 80 yen per share, an increase of 4 yen per share from
the previous fiscal year.
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading
manufacturers of automobiles and power products and the largest manufacture of
motorcycles in the world. Honda has always sought to provide genuine
satisfaction to people worldwide. The result is more than 120 manufacturing
facilities in 30 countries worldwide, producing a wide range of products,
including motorcycles, ATVs, generators, marine engines, lawn and garden
equipment and automobiles that bring the company into contact with over 19
million customers annually. For more information, please visit
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