Honda Files Q3 Interim Financials

TL;DR

**Honda just filed its Q3 interim financials, so expect updated performance data.**

AI Summary

Honda Motor Co., Ltd. (Honda Giken Kogyo Kabushiki Kaisha) filed a Form 6-K on February 21, 2024, indicating the submission of its consolidated interim financial statements for the fiscal third quarter. The filing, under Commission File Number 1-07628, confirms Honda's status as a foreign private issuer reporting under the Securities Exchange Act of 1934.

Why It Matters

This filing provides investors with updated financial performance data for Honda, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: low — This is a routine regulatory filing for interim financial statements, not indicating any specific new risks.

Key Players & Entities

• HONDA MOTOR CO LTD (company) — registrant
• Honda Giken Kogyo Kabushiki Kaisha (company) — registrant's name in Japanese
• February 2024 (date) — month of report
• 1-07628 (dollar_amount) — Commission File Number

FAQ

Filing Documents

• d790567d6k.htm (6-K) — 580KB
• 0001193125-24-040652.txt ( ) — 581KB

From the Filing

Form 6-K Table of Contents SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF FEBRUARY 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrants name into English) 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Table of Contents Contents Exhibit 1: Honda Motor Co., Ltd. filed its consolidated interim financial statements for the fiscal third quarter ended December 31, 2023 with Financial Services Agency in Japan. Table of Contents Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HONDA GIKEN KOGYO KABUSHIKI KAISHA ( HONDA MOTOR CO., LTD. ) /s/ Masaharu Hirose Masaharu Hirose General Manager Finance Division Honda Motor Co., Ltd. Date: February 21, 2024 Table of Contents HONDA MOTOR CO., LTD. AND SUBSIDIARIES Condensed Consolidated Interim Financial Statements December 31, 2023 Table of Contents HONDA MOTOR CO., LTD. AND SUBSIDIARIES Consolidated Financial Results Overview of Operating Performance Hondas consolidated sales revenue for the nine months ended December 31, 2023 increased by 19.8%, to ¥14,999.4 billion from the same period last year, due mainly to increased sales revenue in Automobile business as well as positive foreign currency translation effects. Operating profit increased by 46.7%, to ¥1,076.3 billion from the same period last year, due mainly to an increase in profit attributable to price and cost impacts as well as profit attributable to sales impacts, which was partially offset by increased expenses including product warranty expenses. Profit before income taxes increased by 47.1%, to ¥1,264.5 billion from the same period last year. Profit for the period attributable to owners of the parent increased by 49.1%, to ¥869.6 billion from the same period last year. Business Segments Motorcycle Business For the nine months ended December 31, 2022 and 2023 Units (thousands) Honda Group Unit Sales* Consolidated Unit Sales* Nine months ended Dec. 31, 2022 Nine months ended Dec. 31, 2023 Change % Nine months ended Dec. 31, 2022 Nine months ended Dec. 31, 2023 Change % Motorcycle Business 14,285 13,961 (324 ) (2.3 ) 9,570 9,103 (467 ) (4.9 ) Japan 179 181 2 1.1 179 181 2 1.1 North America 339 374 35 10.3 339 374 35 10.3 Europe 223 324 101 45.3 223 324 101 45.3 Asia 12,310 11,884 (426 ) (3.5 ) 7,595 7,026 (569 ) (7.5 ) Other Regions 1,234 1,198 (36 ) (2.9 ) 1,234 1,198 (36 ) (2.9 ) * Honda Group Unit Sales is the total unit sales of completed motorcycle, ATV and side-by-side products of Honda, its consolidated subsidiaries and its affiliates and joint ventures accounted for using the equity method. Consolidated Unit Sales is the total unit sales of completed products corresponding to consolidated sales revenue to external customers, which consists of unit sales of completed products of Honda and its consolidated subsidiaries. Sales revenue from external customers increased by 7.1%, to ¥2,358.0 billion from the same period last year, due mainly to positive foreign currency translation effects. Operating profit increased by 9.3%, to ¥411.5 billion from the same period last year, due mainly to increased profit attributable to price and cost impacts, which was partially offset by increased expenses including product warranty expenses. Table of Contents Automobile Business For the nine months ended December 31, 2022 and 2023 Units (thousands) Honda Group Unit Sales* Consolidated Unit Sales* Nine months ended Dec. 31, 2022 Nine months ended Dec. 31, 2023 Change % Nine months ended Dec. 31, 2022 Nine months ended Dec. 31, 2023 Change % Automobile Business 2,740 3,114 374 13.6 1,712 2,099 387 22.6 Japan 389 428 39 10.0 343 380 37 10.8 North America 860 1,211 351 40.8 860 1,211 351 40.8 Europe 63 68 5 7.9 63 68 5 7.9 Asia 1,341 1,307 (34 ) (2.5 ) 359 340 (19 ) (5.3 ) Other Regions 87 100 13 14.9 87 100 13 14.9 * Honda Group Unit Sales is t

View Full Filing

View this 6-K filing on SEC EDGAR