Earnings release
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HONDA November 5 , 2021 Consolidated Financial Summary for the Fiscal 2nd Quarter Ended September 30 , 2021 and Forecasts for the Fiscal Year Ending March 31 , 2022 Despite some unfavorable factors such as the supply shortage of certain parts including semiconductors and an increase in raw material costs , consolidated operating profit for the fiscal first half ( 6 months ) ended September 30 , 2021 amounted to 442.1 billion yen , a year- on - year increase by 272.9 billion yen compared to the same period last year which was heavily impacted by the COVID - 19 pandemic . This was due primarily to the positive effect of increased unit sales , cost reduction efforts and favorable currency effects . Consolidated profit for the first half ( 6 months ) attributable to owners of the parent amounted to 389.2 billion yen , a year - on - year increase by 229.1 billion yen , due mainly to an increase in the share of profit of investments accounted for using the equity method . Honda is expecting that the external business environment will remain challenging during this fiscal year due primarily to the resurgence of COVID - 19 , the supply shortage of certain parts including semiconductors and an increase in raw material prices . Based on this assumption , Honda plans to achieve fiscal year operating profit of 660 billion yen , which is equivalent to that of the previous fiscal year , through continuous efforts to improve profitability including the control of selling , general and administrative ( SG & A ) expenses and reduction of costs . The plan for profit for the year attributable to owners of the parent was revised to 555.0 billion yen . The interim dividend was 55 yen per share , and the forecast for total dividends to be paid for the fiscal year ending March 31 , 2022 ( FY22 ) is 110 yen per share . I. Consolidated financial summary for the first half ( 6 months ) ended September 30 , 2021 Sales revenue : 6,988.2 billion yen ( a year - on - year increase of 21.0 % ) Increase due to higher sales revenue from all businesses . Operating profit : 442.1 billion yen ( a year - on - year increase of 161.2 % ) Increase due primarily to higher profit related to changes in sales volume and model mix . Profit for the period attributable to owners of the parent : 389.2 billion yen ( a year - on - year increase of 143.2 % ) II . Consolidated financial summary and business - by - business results for the fiscal second quarter ( 3 months ) ended September 30 , 2021 Sales revenue : 3,404.3 billion yen ( a year - on - year decrease of 6.8 % ) Decrease due primarily to a decrease in sales revenue from automobile businesses . • Operating profit : 198.9 billion yen ( a year - on - year decrease of 29.7 % ) Decrease due primarily to a decrease in profit related to changes in sales volume and model mix . Profit for the period attributable to owners of the parent : 166.6 billion yen ( a year - on - year decrease of 30.8 % ) 1 ) Motorcycle business Sales revenue : 505.5 billion yen ( a year - on - year increase of 12.4 billion yen ) Although sales decreased in Asia , sales revenue experienced a year - on - year increase due primarily to favorable currency effects .