Honda global motorcycle units up for Q1
For Q1 of its 2022-2023 financial year, Honda reports 4.251 million global Group unit sales, up by some 372,000 units over the prior year period (consolidated sales were 2.972 million units, up by 580,000).
Those sales generated 676bn yen (€ 4.848bn), which were up by 30.5% year-on-year and said to be mainly due to a sales increase in Asia and favourable currency effects.
This resulted in a motorcycle segment operating profit of 97.8bn yen (approx. € 705m), a year-on-year increase of +21% related to changes in sales prices, costs and favourable currency effects.
Despite the modest increase in unit sales seen in Q1, Honda has kept its full-year forecast (through March 31, 2023) level at 18.560 million units - which will see it having grown unit sales over the prior full year by an extra 1.533 million units.