Honda motor co., ltd. (hmc:nyse) announced its consolidated financial summary for the fiscal year ended march 31, 2023 and forecasts for the fiscal year ending march 31, 2024

Tokyo , may 11, 2023 /prnewswire/ -- fiscal year results honda's consolidated sales revenue for the fiscal year ended march 31, 2023 increased by 16.2%, to jpy 16,907.7 billion from the fiscal year ended march 31, 2022, due mainly to increased sales revenue in motorcycle business as well as positive foreign currency translation effects. operating profit decreased by 3.7%, to jpy 839.3 billion from the previous fiscal year, due mainly to decreased profit attributable to sales impacts and increased expenses including product warranty expenses, which was partially offset by positive foreign currency effects.
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