[Online] Honda raises forecast for fiscal year ending March 2018, expects net income of ¥1 trillion

Honda raised its consolidated earnings forecast for the fiscal year ending March 2018 and expects net income of ¥1 trillion. This represents an increase of ¥415 billion from its previous forecast.

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The story

Honda announced that it had raised its consolidated earnings forecast for the fiscal year ending March 2018, with net income expected to reach ¥1 trillion, up ¥415 billion from its previous forecast.

Honda attributed the improvement in its earnings outlook in part to the impact of U.S. corporate tax reform.

At a glance

PeriodRaised consolidated earnings forecast for the fiscal year ending March 2018

AmountNet income expected to reach ¥1 trillion, up ¥415 billion from the previous forecast

FactorImpact attributed to U.S. corporate tax reform

Announcement dateAnnounced on the 2nd

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The Nikkan Kogyo ShimbunNews

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