Honda Motor Co., Ltd. (HNDAF)
| Previous close | 11.72 |
| Open | 11.72 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 11.72 - 11.72 |
| 52-week range | 8.88 - 13.00 |
| Volume | |
| Avg. volume | 28,372 |
| Market cap | 56.515B |
| Beta (5Y monthly) | 0.62 |
| PE ratio (TTM) | 9.53 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.39 (3.31%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
- Associated Press Finance
Japanese automaker Honda reports booming profit on sales growth, weak yen
Honda’s profit for the fiscal year through March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported Friday. Annual profit at Tokyo-based Honda Motor Co. totaled 1.1 trillion yen ($7 billion) as sales surged nearly 21% to 20.4 billion yen ($131 million). Honda sold more than 2.8 million vehicles globally, up from 2.3 million a year earlier, with sales growing in Japan, the U.S. and Europe.
- Bloomberg
Honda to Boost Buybacks, Sees Another Record Profit on Hybrids
(Bloomberg) -- Honda Motor Co. forecast another year of record profit on solid demand for hybrids in the US and two wheelers in Asia. Most Read from BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsElon Musk Pledges to Grow Supercharger Business He Just DecimatedAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovavax Soars on $1.2 Billion Sanofi Vaccine Licensing DealJapan’s second-largest automaker said it
- Reuters
Honda ramps up R&D spending as it expands hybrid push
TOKYO (Reuters) -Honda Motor Co said on Friday it would increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8% rise in operating profit for 2024/25. Japan's second-largest automaker by volume announced a share buyback worth up to 300 billion yen ($1.93 billion) after beating analysts' fourth quarter earnings estimates, helped by strong sales growth in the United States, which offset a decline in China. A weaker Japanese yen and robust hybrid model sales also contributed to Honda's profit.
