TOKYO, Japan, January 31, 2012 – Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter ended December 31, 2011.
Despite the enormous impact of the flooding in Thailand to the company’s business and the unfavorable currency effects due to the appreciation of the Japanese yen, consolidated operating income for the fiscal third quarter (October 1, 2011 through December 31, 2011) amounted to 44.2 billion yen, due mostly to the recovery of automobile sales in major markets, the contribution of steady motorcycle business in emerging markets, and companywide efforts. Furthermore, net income*1 amounted to 47.6 billion yen despite the impact of tax revisions on the company’s deferred tax assets.
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