- Quarterly net income rose 46%,y/y, to JPY 120.4 bln but less than the JPY 139 bln exp
- Operating profit increased 70% to JPY 171 bln.
- full year operating profit forecast left unchanged at JPY 780 bln
With North America being Honda’s main market this might be considered a good argument for Abenomics and a weaker yen.
Full Honda statement here