Honda Motor Company first quarter of this fiscal year's net profit fell 7%, mainly financial costs and other expenses, although the increase in car sales outside Japan.
Tokyo-based Honda reported Wednesday 122.4 one billion yen (1.25 billion) profit for the April-June period. Japanese car manufacturer has also been a favorable exchange rate perk.
The result is lower than analysts polled by FactSet 146 accepts one billion yen ($ 1.5 billion) profit forecasts.
The company said the investment in research and new plants, operating profit, which reflects its core business performance and the tax bill and one-time factors quirks, better than last year.
The company said it lost money, for economic reasons, such as currency hedging and derivatives fees.
Odyssey minivan manufacturers and 580 one billion yen ($ 59 billion) in profits, an increase of nearly 60% of its annual forecast Fit (Fit) mini-card.
We look through the March 2014 fiscal year sales of 4.43 million, an increase of 40,000 in previous years.
Japanese car manufacturers, including Honda, growth in emerging markets. Strong quarterly sales rose 16 percent to 2.83 trillion yen ($ 28.9 bn), the world's auto sales rose to 858,000 units, 849,000 units in the same period a year earlier.
Another factor that helped the Japanese strong dollar, rising to nearly 100 yen from 80 yen level in the April-June period this year, most of last year.
A cheap yen to enhance the overseas earnings when converted into yen, you can help make products cheaper abroad worth.
Honda gained nearly 8.3 billion yen ($ 8.47 million), quarterly operating profit from a cheap yen against the dollar, the euro and other currencies benefits.
Honda also from motorcycle sales growth, particularly in Asia, to get a huge boost.
Wednesday, headquartered in Hiroshima, Mazda 5.46 one billion yen ($ 55.7 million) reported quarterly profit from a year earlier to 6.46 one billion yen in red ink reversal.
The world's top carmaker, Toyota Motor Corporation, earnings Friday.
Nissan Motor Co. reported last week that, in April, June profit rose 14%, from the prior year 82 one billion yen ($ 820 million).
Japanese car manufacturers test whether you can take advantage of additional perk from cheap yen, a real market growth.
 



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