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(Year ended March 31, 2008)
Summary of Operating Results by Business 2008
Net Sales ¥421.1 billion (0.8%)
Operating Income ¥22.3 billion (-38.2%)
Honda's sales of power products in fiscal 2008 totaled 6,057,000 units, down 5.7% from the previous fiscal year.
Revenue increased 0.8%, to ¥421.1 billion, due mainly to the positive impact of foreign currency translation effects. Operating income declined 38.2%, to ¥22.3 billion, from the previous fiscal year, due mainly to the negative impact of the increased SG&A expenses and an increase of R&D expenses in other businesses, which offset the positive impact of the foreign currency effects caused by the appreciation of the European currencies. |
