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*3 Certain sales of automobiles that are financed with residual value type auto loans by our Japanese finance subsidiaries and sold through our consolidated subsidiaries are accounted for as operating leases in conformity with IFRS and are not included in consolidated sales revenue to the external customers in our automobile business. *2 Consolidated Unit Sales is the total unit sales of the completed products (motorcycles, ATVs, Side-by-Sides, automobiles, power products) corresponding to consolidated sales revenue, which consists of unit sales of completed products of Honda and its consolidated subsidiaries.
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*1 Honda Group Unit Sales is the total unit sales of the completed products (motorcycles, ATVs, Side-by-Sides, automobiles, power products) of Honda, its consolidated subsidiaries and its affiliates and joint ventures accounted for using the equity method. JPY to appreciate against the USD by 3 yen/dollar JPY appreciated against the USD by 2 yen/dollarįorecasts for the Fiscal Year Ending March 31, 2021(FY21) Share of profit of investments accounted for using the equity method
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Operating loss: 0.5 billion yen (a year-on-year improvement by 2.9 billion yen) due primarily to a decrease in R&D and SG&A expenses.Īircraft and aircraft engine business, which is included in the other businesses, accounted for operating loss of 7.1 billion yen. (5) Life Creation (power products) and other businesses Operating profit: 71.5 billion yen (a year-on-year increase by 5.7 billion yen) due primarily to a difference in recorded amounts of provisions for credit losses. Honda has been making progress in improving its business structure through cost and expense reductions even during this challenging time. This was despite a decrease in SG&A expenses. Operating loss: 195.8 billion yen (a year-on-year decrease by 316.2 billion yen) due primarily to a decrease in unit sales. Sales revenue: 1,255.7 billion yen (a year-on-year decrease by 1,494.4 billion yen) due to a decrease in sales especially in the U.S., Japan and India caused by the impact of the COVID-19. Despite a decrease in unit sales, profit was secured due primarily to a decrease in R&D and SG&A expenses. Operating profit: 11.2 billion yen (a year-on-year decrease by 58.6 billion yen). Sales revenue: 274.2 billion yen (a year-on-year decrease by 258.7 billion yen) due primarily to a decrease in unit sales mainly in Asia caused by the impact of the COVID-19. Loss for the period attributable to owners of the parent: 80.8 billion yen (a year-on-year decrease by 253.1 billion yen).The impact of the COVID-19 is estimated to be approximately 440.0 billion yen. Loss before income taxes: 73.4 billion yen.This was despite a decrease in selling, general and administrative (SG&A) expenses. Operating loss: 113.6 billion yen (a year-on-year decrease by 366.1 billion yen) due primarily to a decrease in profit related to changes in sales volume and model mix.Sales revenue: 2,123.7 billion yen (a year-on-year decrease by 46.9%) due primarily to a decrease in sales revenue from all businesses.Consolidated Financial Summary and category of business results for the Fiscal 1st Quarter ended June 30, 2020