Honda motor co., ltd. (hmc:nyse) announced its consolidated financial summary for the fiscal year ended march 31, 2022 and forecasts for the fiscal year ending march 31, 2023

Tokyo , may 13, 2022 /prnewswire/ --  despite certain unfavorable factors such as the resurgence of covid-19, a decrease in automobile unit sales due to the semiconductor supply shortage and an increase in the cost of raw materials, consolidated operating profit for the fiscal year amounted to 871.2 billion yen, a year-on-year increase by 211.0 billion yen, due primarily to success in reducing costs and controlling incentives, and favorable currency effects. consolidated profit for the year attributable to owners of the parent amounted to 707.0 billion yen, a year-on-year increase of 49.6 billion yen.
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