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HONDA February 9 , 2021 Consolidated Financial Summary for the Fiscal 3rd Quarter Ended December 31 , 2020 and Forecasts for the Fiscal Year Ending March 31 , 2021 Despite a decrease in demand due to the impact of the COVID - 19 pandemic , consolidated operating profit for the fiscal nine months amounted to 447.0 billion yen due primarily to control of selling , general and administrative ( SG & A ) expenses and cost reduction efforts resulting from a fundamental review of business activities conducted throughout the entire company . The previously announced forecast for consolidated operating profit for the current fiscal year ( April 1 , 2020 through March 31 , 2021 ) was revised upward by 100.0 billion yen to 520.0 billion yen . This was despite the impact of both the COVID - 19 pandemic and the shortage of semiconductor supply . The previously announced forecast for profit for the fiscal year attributable to owners of the parent was revised upward by 75.0 billion yen to 465.0 billion yen , a year - on - year increase . The previously announced forecast for total dividends to be paid for the fiscal year was revised upward by 14 yen per share to 82 yen per share ; the quarterly dividend for the fiscal third quarter will be 26 yen per share . I. Consolidated financial summary for the fiscal nine months ended December 31 , 2020 Sales revenue : 9,546.7 billion yen The year - on - year decrease was due primarily to a decrease in sales revenue from all businesses as a result of the impact of the COVID - 19 pandemic . Operating profit : 447.0 billion yen The improvement was due primarily to control of SG & A expenses and cost reduction efforts . This was despite a decrease in profit related to changes in sales volume and model mix . Profit before income taxes : 658.7 billion yen • Profit for the period attributable to owners of the parent : 444.1 billion yen II . Consolidated financial summary and business - by - business results for the fiscal third quarter ( 3 months ) ended December 31 , 2020 Sales revenue : 3,771.5 billion yen ( a year - on - year increase of 0.6 % ) The increase was due primarily to an increase in sales revenue from automobile business . Operating profit : 277.7 billion yen ( a year - on - year increase of 66.7 % ) The increase was due primarily to increased efficiency of R & D expenditures and cost reduction efforts . This was despite unfavorable currency effects . 1 ) Motorcycle business Sales revenue : 490.8 billion yen ( a year - on - year decrease of 39.3 billion yen ) Although sales are recovering in many countries , sales revenue experienced a year - on - year decrease due primarily to decreased sales , mainly in Asia . Operating profit : 72.7 billion yen ( a year - on - year decrease of 1.8 billion yen ) . The improvement was due primarily to cost reduction efforts and control of SG & A expenses . This was despite a decrease in profit related to changes in sales volume and model mix .