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Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal third quarter ended December 31, 2024

1. Honda's Q3 operating profit reached 1,139.9 billion yen. 2. Motorcycle unit sales exceeded 15 million; auto sales declined by 297,000 units. 3. Operating profit forecast for FY 2025 remains at 1,420.0 billion yen. 4. Shareholder buyback program targets 1.1 trillion yen, 184.9 billion yen completed. 5. Automobile sales forecast decreased to 3.75 million amid declining demand in Asia.

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FAQ

Why Neutral?

HMC's forecast shows mixed results, impacting investor sentiment variably. Historical trends show similar forecasts have had minimal impact on stock volatility.

How important is it?

Earnings reports and share buyback initiatives typically influence stock valuations. This announcement provides insights into HMC's operational health and shareholder value proposition.

Why Short Term?

Immediate reactions are possible due to quarterly results release. Past performance indicates market adjustments may occur within upcoming quarters.

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HMCTMVWAGY
, /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter ended December 31, 2024. Nine Months Ended December 31, 2024（Apr. – Dec.) Operating Profit 1,139.9 bil. Yen / Operating Margin 7.0% In motorcycle business, Unit Sales achieved over 15 million 508 thousand in nine months mainly due to strong sales in global. In automobile business, Unit Sales decreased by 297 thousand due to a decrease in sales in Asia, mainly China, despite strong sales in North America. Operating cash flows after R&D adjustment 1,945.0 bil. Yen. Financial Forecast for FYE March 31, 2025  Operating Profit 1,420.0 bil. Yen / Profit for the year 950.0 bil. Yen In motorcycle business, Unit Sales revised upward to record sales volume. In automobiles business, Unit Sales revised downward from 3.8 million to 3.75 million, mainly reflecting a decrease in Japan. Operating profit and profit for the year remain unchanged from our previous forecast*.* Previous forecast: announced on November 6 Shareholder Returns  About status of Acquisition of the Company's Own Shares, 184.9 billion yen has been acquired, for the share buyback of 1 trillion 100 billion yen resolved on December 23, 2024 (as of January 31, 2025). We continue to aim for the completion of up to 1 trillion 100 billion yen / 1.1 billion shares in share buyback. Honda's financial results can be accessed from following web site address.https://global.honda/en/investors/library/documents.html SOURCE Honda Motor Co., Ltd. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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