Honda Motor Slips To Loss In Q4, Sales Rise - Quick Facts

(RTTNews) - Japanese automaker Honda Motor Co. Ltd. (HMC) reported Friday that its fourth-quarter net loss attributable to owners of the parent was 93.4 billion yen, compared to prior year's profit of 81.9 billion yen.

Consolidated operating loss amounted to 63.8 billion yen, compared to profit of 86 billion yen a year ago.

Sales revenues, however, increased to 3.66 trillion yen from 3.49 trillion yen last year.

Consolidated unit sales of motorcycles declined from last year, while automobiles increased. Honda group unit sales of motorcycles were lower than last year, while automobiles increased.

Further, the company said its quarterly dividend for the fiscal fourth quarter will be 22 yen per share, which is the same as last year. The total cash dividends to be paid for the fiscal year ended March 31, 2016 are planned to be 88 yen per share.