Honda Motor Co., Ltd. · TSE:7267
Honda Motor — Q1 2025 Earnings Presentation
27 slides from Honda Motor's earnings presentation, Aug 7, 2024
Slide 1: Fiscal First Quarter Ended June 30, 2024 Financial Results
Fiscal First Quarter Ended June 30, 2024 Financial Results August 7, 2024
Slide 2: Financial Summary
Financial Summary ■ Q1 Ended June 30, 2024 Financial Results Operating Profit 484.7 bil. yen ・ Operating Margin 9.0% -Motorcycles：Contributions from increased unit sales mainly in India and Brazil -Automobiles：Contributions from strong sales of HEV models and Pricing that reflects increased produc
Slide 3: Main Market (Automobile and Motorcycle Business)
Main Market (Automobile and Motorcycle Business) ■ Sales Results in Fiscal First Quarter Ended June 30, 2024 Automobile Business • Strong sales of hybrid models led to increased unit sales in Japan Retail and the United States. Main Countries • Overall, lower than the same period last year mainly du
Slide 4: Three Months Ended June 30, 2024 Income Statements
Three Months Ended June 30, 2024 Three months ended June 30 Income Statements 2023 2024 Amount Change Yen (billion) Sales revenue 4,624.9 5,404.8 + 779.8 + 16.9% Operating profit 394.4 484.7 + 90.2 + 22.9% き算 Operating margin 8.5% 9.0% + 0.5pt Share of profit of investments accounted for using the e
Slide 5: Financial Forecast for FYE March 31, 2025
Financial Forecast for FYE March 31, 2025 FYE March 31 Change from Income Statement Amount Change previous forecast Yen (billion) 2024 Results 2025 Forecast Sales revenue 20,428.8 20,300.0 - 128.8 - 0.6% - Operating profit 1,381.9 1,420.0 + 38.0 + 2.8% - Operating margin 6.8% 7.0% + 0.2pt - Share of
Slide 6: Dividends and Status of Acquisition of Company's Own Shares
Dividends and Status of Acquisition of Company’s Own Shares <Dividends> FYE March 31, 2025 Change from Dividend per Share (Yen) Previous Forecast previous forecast * Interim Dividend (34) (34) - Year-end Dividend (34) (34) - Fiscal Year (68) (68) - *（ ) : Forecast <Status of Acquisition of the Compa
Slide 7: Enhancement of Corporate Governance - Unwinding of Cross-Shareholdings
Enhancement of Corporate Governance - Unwinding of Cross-Shareholdings - Honda strives to unwind cross-shareholdings at an early point, and further enhance the management discipline. Step ①：Conducted the secondary offering for Honda shares held by non-life insurance companies and banks. Aiming for
Slide 8: Fiscal First Quarter Ended June 30, 2024 Financial Results
Fiscal First Quarter Ended June 30, 2024 Financial Results
Slide 9: Three Months Ended June 30, 2024: Honda Unit Sales
Three Months Ended June 30, 2024: Honda Unit Sales Unit (thousand) Motorcycles Automobiles Power Products Three months ended June 30 Three months ended June 30 Three months ended June 30 Honda Group Unit Sales 2023 2024 Change 2023 2024 Change 2023 2024 Change Japan 58 50 -8 115 141 + 26 60 46 - 14
Slide 10: Three Months Ended June 30, 2024 Income Statements
Three Months Ended June 30, 2024 Three months ended June 30 Income Statements 2023 2024 Amount Change Yen (billion) Sales revenue 4,624.9 5,404.8 + 779.8 + 16.9% Operating profit 394.4 484.7 + 90.2 + 22.9% き算 Operating margin 8.5% 9.0% + 0.5pt Share of profit of investments accounted for using the e
Slide 11: Change in Profit before Income Taxes
Three Months Ended June 30, 2024: Change in Profit before Income Taxes Yen (billion) Profit before income Taxes + 44.5 ( + 8.7 ％ ) Operating Profit + 90.2 ( + 22.9 ％) + 159.8 - 61.5 + 47.5 - 41.4 - 27.0 - 4.2 559.4 514.9 - 28.4 Expanses Period of R&D Currency Other *2 Equity method Sales Price/Cost
Slide 12: Sales Revenue/Operating Profit (Margin) by Business Segment
Three Months Ended June 30, 2024: Sales Revenue/Operating Profit (Margin) by Business Segment upper：Three months ended March 31, 2024 Motorcyle Automobile Financial Services Power Products and lower：Three months ended March 31, 2023 Business Business Business Other Businesses Unit (thousand) 5,062 8
Slide 13: Cash Flows of Non-Financial Services Businesses
Cash Flows of Non-Financial Services Businesses Yen (billion) Three months ended June 30 2023 2024 Cash flows from operating activities + 398.7 + 258.6 Cash flows from investing activities - 113.0 - 184.7 Free cash flow + 285.6 + 73.9 Cash flows from financing activities - 190.7 - 232.3 Effects of e
Slide 14: Fiscal Year Ending March 31, 2025 Financial Forecast
Fiscal Year Ending March 31, 2025 Financial Forecast
Slide 15: Forecast for FYE March 31, 2025: Honda Unit Sales
Forecast for FYE March 31, 2025: Honda Unit Sales Unit (thousand) Motorcycles Automobiles Power Products FYE March 31,2025 FYE March 31,2025 FYE March 31,2025 Honda Group Unit Sales Change Change Change Previous Revised Previous Revised Previous Revised Japan 200 200 - 665 680 + 15 250 250 - North 4
Slide 16: Financial Forecast for FYE March 31, 2025
Financial Forecast for FYE March 31, 2025 FYE March 31 Change from Income Statement Amount Change previous forecast Yen (billion) 2024 Results 2025 Forecast Sales revenue 20,428.8 20,300.0 - 128.8 - 0.6% - Operating profit 1,381.9 1,420.0 + 38.0 + 2.8% - Operating margin 6.8% 7.0% + 0.2pt - Share of
Slide 17: Forecast: Capital Expenditures/Depreciation/R&D
Forecast for FYE March 31, 2025: Capital Expenditures/Depreciation/R&D No changes have been made from the previous forecast FYE March 31, 2024 FYE March 31, 2025 Change from Change Yen (billion) Results Forecast previous forecast Capital expenditures *1 387.9 670.0 + 282.0 - Depreciation and amortiz
Slide 18: Caution with Respect to Forward-Looking Statements
Caution with Respect to Forward-Looking Statements: This presentation contains forward-looking statements about the performance and shareholders return of Honda, which are based on management’s assumptions and beliefs taking into account information currently available to it. Therefore, please be ad
Slide 19: HONDA | How we move you.
HONDA | Howwe move you. The Power of Dreams CREATE » TRANSCEND, AUGMENT
Slide 20: Appendix
Appendix
Slide 21: Change in Sales Revenue
Change in Sales Revenue (sales revenue from external customers） Yen (billion) ３ヵ月間 Three Months Compared with three months ended June 30, 2024 : ＋ 779.8 / ＋ 16.9 % (Excluding currency translation effects : ＋320.6 / ＋ 6.9 %) Change FYE March 31, 2024 FYE March 31, 2025 Change excluding currency trans
Slide 22: Changes in Operating Profit in Motorcycle Business/Automobile Business
Three Months Ended June 30, 2024: Changes in Operating Profit in Motorcycle Business/Automobile Business Yen (billion） Motorcycle Operating Profit + 34.1 ( + 23.8 % ) Business + 52.5 - 19.1 - 6.3 - 4.8 177.6 143.5 + 11.8 Expenses R&D Currency Sales Price/Cost *2 effects impacts impacts Operating Mar
Slide 23: Sales Revenue/Operating Profit by Geographical Segment
Three Months Ended June 30, 2024: Sales Revenue/Operating Profit by Geographical Segment Yen (billion) Japan North America Europe Asia Other Regions Three Months 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 Sales Revenue 1,152.2 1,355.4 2,808.7 3,329.7 214.0 249.8 1,078.3 1,169.3 246.1 319.4 Op
Slide 24: Capital Expenditures/Depreciation/R&D
Three Months Ended June 30, 2024: Capital Expenditures/Depreciation/R&D Three months ended June 30 2023 2024 Change Results Results Yen (billion) Capital expenditures 61.9 91.5 + 29.5 Depreciation and 122.8 120.6 - 2.1 amortization Research and development 194.2 233.9 + 39.7 expenditures 24
Slide 25: Consolidated Statements of Financial Position
Three Months Ended June 30,2024: Consolidated Statements of Financial Position Divided into Non-financial Services Businesses and Finance Subsidiaries Yen (billion) FYE March 31, Q1 Ended June 30, FYE March 31, Q1 Ended June 30, Assets Liabilities and Equity 2024 2024 2024 2024 Cash and cash equival
Slide 26: Sales Revenue/Operating Profit by Business Segment
Sales Revenue/Operating Profit by Business Segment Yen (billion) QTD FYE March 31, 2024 FYE March 31, 2025 Change Change Segment Information 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q (%) Sales Revenue Motorcycle Business 756.9 815.6 785.4 862.1 937.6 + 180.7 + 23.9% Automobile Business 3,031.3 3,315.7 3,773.4 3,670.9
Slide 27: Honda Group Unit Sales/Consolidated Unit Sales/Automobile Retail Sales per Power Trains
Honda Group Unit Sales/Consolidated Unit Sales/Automobile Retail Sales per Power Trains Unit (thousand) FYE March 31 FYE March 31 2024 2025 Honda Group 2024 2025 Unit Sales 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Change Change results forecast Motorcycles 4,473 4,793 4,695 4,858 5,062 + 589 18,819 19,800 + 981 Japa