Honda Motor : FY2022 1st Quarter Financial Results Presentation
August 04, 2021 at 02:06 am
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FY22 1st Quarter Financial Results
August 4, 2021
Contents
Outline of FY22 1st Quarter Financial Results and FY22 Financial Forecasts
FY22 1st Quarter Financial Results and FY22 Financial Forecasts
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Honda Unit Sales
Unit (thousand)
Motorcycles
Automobiles
Life Creation
Honda Group
Unit Sales
Japan
North
America
Europe
Asia
Other
Regions
Total
Change
(%)
FY21
FY22
Change
FY21
FY22
Change
FY21
FY22
Change
50
59
+ 9
129
133
+ 4
80
87
+ 7
61
101
+ 40
159
346
+ 187
524
880
+ 356
61
108
+ 47
16
28
+ 12
170
279
+ 109
1,572
3,245
+ 1,673
473
462
- 11 *
257
362
+ 105
111
366
+ 255
15
29
+ 14
52
100
+ 48
1,855
3,879
+ 2,024
792
998
+ 206
1,083
1,708
+ 625
+ 109.1%
+ 26.0%
+ 57.7%
* - 63 thousand in China are included
Consolidated
1,221
2,392
+ 1,171
337
608
+ 271
1,083
1,708
+ 625
Unit Sales
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Main Market (Automobiles)
Japan
Retail
Three Months Results
Unit
vs. FY21
(thousand)
(%)
Industry Demand
1,035
123.8
Unit Sales
134
106.2
(Source: Japan Automobile Dealers Association)
VEZEL
Launched in Apr. 2021
■Sales Results in FY22 (1Q)
Demand recovered from the impact of COVID-19, exceeding the same period last year.
Despite the impact of the semiconductor supply shortage, due mainly to the launch of new Vezel, exceeded the same period last year.
Series: Reached 3-million-unit mark in cumulative sales in Japan.
■Outlook/Forecast for FY22
Outlook remains uncertain due mainly to concerns about the resurgence of COVID-19.
Revised the previous forecast*.
Strive to maximize sales by effects of launching new models such as Vezel and Civic which is scheduled to be introduced in autumn, 2021.
*Previous forecast:announced on May 14 4
Main Market (Automobiles)
U.S.A.
Retail
Three Months Results
Unit
vs. FY21
(thousand)
(%)
Industry Demand
4,413
150.2
Unit Sales
486
165.7
(Source: Autodata)
RIDGELINE
Launched in Feb. 2021
CIVIC Sedan
Launched in Jun. 2021
■Sales Results in FY22 (1Q)
Demand recovered significantly due mainly to the expansion of COVID-19 vaccine inoculation and economic stimulus measures, exceeding the same period last year.
Renewed monthly sales record for three consecutive months.
Outperformed the market growth with light truck models as the main driver.
Launched new Civic in June, exceeded the sales plan.
■Outlook/Forecast for FY22
Expect the demand to stay strong, but the impact of the semiconductor supply shortage will remain.
Revised the previous forecast.
Aim to minimize the impact of the semiconductor supply shortage by promoting the production recovery.
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Disclaimer
Honda Motor Co. Ltd. published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2021 06:05:01 UTC.
Honda Motor Co is one of the world's leading automakers. Net sales break down by activity as follows:
- sales of cars (70.2%): 5.3 million units sold in 2018/19;
- financial services (15.3%);
- sales of motorcycles (12.1%; No.1 worldwide): 20.2 million units sold;
- other (2.4%): sales of equipment (lawnmowers, rototillers, snowblowers, water pumps, electrical generators, etc.).
Net sales are distributed geographically as follows: Japan (15.9%), Asia (20.2%), North America (54.5%), Europe (4.7%) and other (4.7%).