Honda motor co., ltd. (hmc:nyse) announced its consolidated financial summary for the fiscal 1st quarter ended june 30, 2021 and forecasts for the fiscal year ending march 31, 2022

Tokyo, aug. 4, 2021 /prnewswire/ -- despite some unfavorable factors such as the semiconductor supply shortage and an increase in raw material costs, consolidated operating profit for the fiscal first quarter ended june 30, 2021 amounted to 243.2 billion yen, a year-on-year increase by 356.9 billion yen. this was due primarily to a positive effect of the company's ongoing initiatives to solidify its existing businesses as well as an increase in unit sales compared to the same period last year which was heavily impacted by the covid-19 pandemic.
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