Honda April-June term Over ¥80 billion deficit Expected to be in the black for the full term until March next year August 5 19:03

Honda's financial results for the three months up to June were in the red, with a net loss of over 80 billion yen due to a worldwide decline in sales of cars and motorcycles due to the new coronavirus. On the other hand, according to the business forecast for the next year until March next year, we anticipate that sales will recover in China and other countries and that we will be in the black.

According to Honda's announcement on the 5th, according to the financial results of the whole group for 3 months from April to June, sales decreased by 46% from the same period of the previous year to 2,123.7 billion yen, and the final profit and loss was 808 It was a loss of 100 million yen.

This is because the sales of cars and motorcycles have dropped significantly mainly in Japan, the United States, and India due to the influence of the new coronavirus.

On the other hand, we have announced a forecast for one year until March next year, which has been undecided until now, and we are forecasting a net loss of 165 billion yen, assuming that sales will recover mainly in China where economic activity resumed quickly ..

Seiji Kuraishi, vice president of an online press conference, said, "The sales of cars in China are expected to exceed the previous year due to the government's consumption stimulus measures and the introduction of new models. You need to look carefully."