Nomura Securities Downgrades Honda Motor Co. (HMC) to Reduce
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Honda Motor Co., Ltd. Reports Consolidated Financial Results for the Fiscal Fourth Quarter and the Fiscal Year Ended March 31, 2016
May 13, 2016 8:00 AM EDTTOKYO, May 13, 2016 /PRNewswire/ --Â Honda Motor Co., Ltd. (HMC; NYSE) today announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2016.
Fourth Quarter Results
Honda's consolidated loss for the period attributable to owners of the parent for the fiscal fourth quarter ended March 31, 2016 totaled JPY 93.4 billion (USD 829 million), a decrease of JPY 175.3 billion (USD 1,556 million) from the same period last year. Loss per share attributable to owners of the parent for the quarter amounted to JPY 51.85 (USD 0.46), a decrease of JPY 97.3 (USD 0.86) from... More
