JAPAN :Honda Motor Co., Ltd. Reports Consolidated Financial Results For the Fiscal Fourth Quarter and the Fiscal Year Ended March 31, 2000
Honda Motor Co., Ltd. (NYSE: HMC) today announced its consolidated financial results for the fiscal fourth quarter and the year ended March 31, 2000. Fourth Quarter Results Honda's consolidated net income for the fiscal fourth quarter ended March 31, 2000 totaled Yen 62.7 billion ($591 million), a decrease of 11.9% from the same period in 1999. Net income per Common Share, both on a basic and fully diluted basis, for the quarter amounted to Yen 64.37 ($0.61), compared to Yen 73.04 of the same period in 1999. Each of Honda's American Depositary Shares represents two Common Shares.
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