Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Honda Motor Co Ltd    7267   JP3854600008

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Honda Motor : Summary of Consolidated Financial Results for the Fiscal 4th Quarter and the Fiscal Year ended March 31, 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/27/2012 | 11:01am CEST
Corporate April 27, 2012 Summary of Consolidated Financial Results for the Fiscal 4th Quarter and the Fiscal Year ended March 31, 2012

TOKYO, Japan, April 27, 2012 - Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2012.

Consolidated Financial Summary:

Despite the unfavorable currency effects due to the appreciation of the Japanese yen and increase in R&D expenses, consolidated operating income for the fiscal fourth quarter (January 1, 2012 through March 31, 2012) amounted to 111.9 billion yen, approximately 2.4 times greater than the same period of last year, primarily due to motorcycle business, which marked record-high unit sales for any quarter, increased revenue in automobile business mainly in Japan and North America and decreased selling, general and administrative (SG&A) expenses.

Despite the increased revenue in motorcycle business, consolidated operating income for the fiscal year (April 1, 2011 through March 31, 2012) declined by 59.4% compared to the previous fiscal year and amounted to 231.3 billion yen, primarily due to the impact of decreased automobile production due to the Great East Japan Earthquake and the flooding in Thailand, increased R&D expenses and the unfavorable currency effects due to the appreciation of the Japanese yen. Consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal year amounted 211.4 billion yen, 60.4% decrease from the previous fiscal year.

Honda plans for year-end cash dividends of JPY 15 per share. Together with the quarterly cash dividends of JPY 15 for the first, second and third fiscal quarters, the total cash dividends to be paid for the fiscal year ended March 31, 2012 are planned to be JPY 60 per share, which is an increase of JPY 6 per share from the annual dividends paid for the fiscal year ended March 31, 2011. The year-end dividends are matters to be resolved at the general shareholders' meeting.

Consolidated Financial Results for the Fiscal 4th Quarter Consolidated Financial Results for the Fiscal Year ended March 31, 2012 (FY12) *1 Unit sales of approximately 0.81 million units for the current fiscal 4th quarter, and approximately 2.94 million units for the current fiscal year ended March 31, 2012 of Honda-brand motorcycle products are not included in the total sales of the motorcycle segment or in the measure of unit sales, in conformity with U.S. generally accepted accounting principles because they are manufactured and sold by overseas affiliates accounted for under the equity method but do not use any parts supplied from Honda and its consolidated subsidiaries. *2 Certain sales of automobiles that are financed with residual value type auto loans by Honda's Japanese finance subsidiaries are accounted for as operating leases in conformity with U.S. generally accepted accounting principles. As a result, they are not included in the total sales of the automobile segment or in the measure of unit sales. Forecasts for the Fiscal Year ending March 31, 2013 (FY13)

Honda's financial forecasts for the fiscal year ending March 31, 2013 are described below, with assumption of the average currency exchange rates of JPY 80 = USD 1 and JPY 105 = Euro 1 for the fiscal year.

Concerning automobile unit sales of Honda group, Honda plans to set a record-high for annual unit sales of 4.3 million units, with plans for a significant increase in sales mainly in North America and Asia.

The total cash dividends for the fiscal year ending March 31, 2013 are planned to be JPY 76 per share, an increase of JPY 16 from the annual dividends to be paid for the fiscal year ended March 31, 2012.

Honda will be making changes in disclosure regarding "unit sales" starting with the new fiscal year ending March 31, 2013. For details, please refer to footnote *3.

*3 Changes in disclosure regarding "unit sales" starting with the new fiscal year ending March 31, 2013
From fiscal year ending March 31, 2013 (FY13), Honda discloses the total of unit sales of completed products of Honda, its consolidated subsidiaries and its affiliates accounted for under the equity method as "Honda Group Unit Sales".

*4 Certain sales of automobiles that are financed with residual value type auto loans by our Japanese finance subsidiaries are accounted for as operating leases in conformity with U.S. generally accepted accounting principles and are not included in consolidated net sales to the external customers in our automobile segment. As a result, they are not included in Consolidated Unit Sales, but are included in Honda Group Unit Sales of our automobile segment.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HONDA MOTOR CO LTD
11:51a HONDA MOTOR : DBRS Confirms Rating on Honda Canada Auto Receivables 2015-2 Owner..
10:26a HONDA MOTOR : Two-Millionth Honda Civic Sold in Canada
10:17a HONDA MOTOR : 5 taken to hospital after 3-vehicle Hyannis crash
08:52a HONDA MOTOR : One injured in Lagos multiple accidents
07:40a HONDA MOTOR : State Police Make Northfield Heroin Bust
03:16a HONDA MOTOR : Work together and be blessed
02:58a HONDA MOTOR : Odyssey 2011-2016 models recalled
05/24 U.S. Patents Awarded to Inventors in Kentucky (May 24)
05/24 HONDA MOTOR : PHL eyes 30% share of domestic vehicle market
05/24 HONDA MOTOR : Aircraft Announces Asia, South America Sales and Fractional Progra..
More news
Sector news : Auto & Truck Manufacturers - NEC
04:31p DAIMLER : Prosecutors investigate Bosch employees in Daimler probe - Handelsblat..
04:28p PROSECUTORS INVESTIGATE BOSCH EMPLOY : Handelsblatt
04:28pDJFORD MOTOR : Announces More Management Changes--Update
03:56pDJFORD MOTOR : Announces More Management Changes
09:36a BAYERISCHE MOTOREN WERKE : Late Easter pulls down UK car output by 18 percent in..
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
05/20 Bold talk on self-driving EV disruption
05/18 Harley-Davidson Needs To Rev Its Growth Engine
05/17 Auto Industry Trends - Here Is Who Will Win (And Who Will Lose)
05/15 GM improves standing with suppliers, Nissan slides
05/13 MARKETPLACE ROUNDTABLE : Car Talk
Advertisement
Financials ( JPY)
Sales 2018 14 459 008 M
EBIT 2018 677 100 M
Net income 2018 609 815 M
Debt 2018 5 050 968 M
Yield 2018 3,15%
P/E ratio 2018 9,35
P/E ratio 2019 8,55
EV / Sales 2018 0,74x
EV / Sales 2019 0,73x
Capitalization 5 678 828 M
More Financials
Chart HONDA MOTOR CO LTD
Duration : Period :
Honda Motor Co Ltd Technical Analysis Chart | 7267 | JP3854600008 | 4-Traders
Full-screen chart
Technical analysis trends HONDA MOTOR CO LTD
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 3 816  JPY
Spread / Average Target 22%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Takahiro Hachigo President, CEO & Representative Director
Mitsugu Matsukawa GM-Information Technology & Executive Officer
Yoshiyuki Matsumoto Director & Senior Managing Executive Officer
Yoshi Yamane Director & Senior Managing Executive Officer
Takashi Sekiguchi Director & Managing Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HONDA MOTOR CO LTD-8.06%50 339
TOYOTA MOTOR CORP-12.74%176 270
DAIMLER AG-6.53%81 488
VOLKSWAGEN AG3.86%79 500
BAYERISCHE MOTOREN WER..-3.36%62 770
GENERAL MOTORS COMPANY-4.65%49 680
More Results