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Finances
Finances Finances: Honda is a sound company with a very strong financial background. They are a company that is very spread out across the world. As an investor I see Honda as a very safe investment. They are a company that has net sales that are around 52,170 million dollars. Their operating income is almost 406.9 billion dollars. In their last fiscal year Honda set a record high in its automobile operations. They are involved in the North American market, European market and the Japanese market. In the last fiscal year Honda saw many changes. The main change was in the appreciation of the yen. The appreciation of the yen has lead to a decline in operating income. They are also incurring an increased research and development expense. This is needed to keep up with competition. When you are talking about 11.5 million engines sold, your talking about an important company. Their net income was 1,874,423,000 dollars. This is a lot of business. When talking about Honda, you’re talking about a company that has four main sections. The first is their automobile section. Their overall unit sales increased 4.3 % to 2,580,000 units. If it was broken down unit sales in Japan increased sales, honda, company, very, units, motorcycle, million, increased, honda’s, about, year, talking, products, net, income, fiscal, declined, %, yen, unit, power, overseas, motorcycles, market, last, japan, dollars, big, automobile, world, towards, strong, shares, share, sell, safe, record, over, out, operating, numbers, north, main, low, lot, japanese, investor, improve, good, future, financial
Word Count: 607
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