Key Developments: Honda Motor Co Ltd (7267.T)

7267.T on Tokyo Stock Exchange

4,100JPY
1 May 2015
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¥58 (+1.44%)
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Latest Key Developments (Source: Significant Developments)

Honda Motor Co Ltd's HMSI to invest for new plant in Gujarat-Business Standard
Wednesday, 1 Oct 2014 07:26am EDT 

Honda Motor Co Ltd:Gujarat government has signed a state support agreement (SSA) with the company's subsidiary Honda Motorcycle & Scooter India Pvt Ltd (HMSI) for the latter's 11.00 bln Indian Rupees two wheeler plant-Business Standard.To be commissioned by Dec. 2015, the said plant will see a two-wheeler manufacturing capacity of 1.2 million per annum, taking HMSI's total capacity to close to six million per annum.The company has three other plants, one each in Haryana, Rajasthan and Karnataka.HMSI stated the plant will see a total investment of 11.00 bln Indian Rupees and will generate direct and indirect employment for 3,000.HMSI will focus on manufacturing scooters, especially 'Activa' from the Gujarat plant.  Full Article

Honda Motor Co Ltd declares quarterly dividend
Tuesday, 29 Jul 2014 08:30am EDT 

Honda Motor Co Ltd:Declares quarterly dividend 22 yen per share of common stock, the record date of which is June 30, 2014.Total expected annual dividend per share of common stock for the fiscal year ending March 31, 2015, is 88 yen per share.  Full Article

Honda Motor Co Ltd raises FY 2015 outlook
Tuesday, 29 Jul 2014 08:28am EDT 

Honda Motor Co Ltd:Expects FY 2015 revenue of 12,800 bln yen.Expects FY 2015 operating income of 770 bln yen.Expects FY 2015 net income of 600 bln yen.Expects FY 2015 basic net income per common share of 332.91 yen.FY 2015 revenue of 12,600 bln yen - Thomson Reuters I/B/E/S.  Full Article

Honda Motor Co Ltd launches Mobilio-Business Standard
Wednesday, 23 Jul 2014 09:36am EDT 

Honda Motor Co Ltd:Launched its multi-purpose vehicle 'Mobilio' in the Indian market-Business Standard.The Mobilio, which would largely take on Maruti Suzuki Ertiga.  Full Article

Honda Motor Co Ltd expects to expand Takata airbag recall-Business Standard
Saturday, 14 Jun 2014 03:08am EDT 

Honda Motor Co Ltd:Expects to recall vehicles with potentially defective air bags, a move that could expand a massive, multi-company air-bag recall by more than a million-Business Standard.  Full Article

Honda Motor Co Ltd to launch new models-Business Standard
Thursday, 1 May 2014 08:22am EDT 

Honda Motor Co Ltd:Would launch two new car models in India during the current fiscal-Business Standard.The first new model, Mobilio, a multi-purpose vehicle will hit in July, while the third-generation Jazz, a premium hatchback will be launched in the third quarter.  Full Article

Honda Motor Co Ltd gives FY 2015 revenue outlook above analysts' estimates; earnings outlook below analysts' estimates
Friday, 25 Apr 2014 07:01am EDT 

Honda Motor Co Ltd:Expects FY 2015 revenue of 12,750 bln yen.Expects FY 2015 operating income of 760 bln yen.Expects FY 2015 net income of 595 bln yen.Expects FY 2015 basic net income per common share of 330.14 yen.FY 2015 revenue of 12,586 bln yen, EBIT of 862 bln yen, net income of 709 bln yen, EPS of 393 yen - Thomson Reuters I/B/E/S.  Full Article

Honda Motor Co Ltd plans to distribute fiscal year-end dividend
Friday, 25 Apr 2014 07:00am EDT 

Honda Motor Co Ltd:Plans to distribute fiscal year-end cash dividend of 22 Yen per share for year ended March 31.  Full Article

NIDEC CORP completes acquisition of Honda Elesys Co. from Honda Motor Co. Ltd, NEC Corp, Showa Corp and Nissin Kogyo Co., Ltd
Monday, 31 Mar 2014 02:30am EDT 

NIDEC CORP:Completes the acquisition of all of the shares in Honda Elesys Co., Ltd from Honda Motor Co. Ltd, NEC Corp, Showa Corp and Nissin Kogyo Co., Ltd effective March 31.Elesys became a consolidated subsidiary of Nidec.  Full Article

Yachiyo Industry Co Ltd to sell property to Honda Motor Co Ltd
Monday, 24 Feb 2014 01:10am EST 

Yachiyo Industry Co Ltd:To sell a property located in Mie, Japan to Honda Motor Co Ltd, for about 8.6 bln yen on March 14.  Full Article

UPDATE 1-GM CEO Barra confident about value of company's stock

KANSAS CITY, Kan., May 4 - General Motors Co's chief executive said on Monday she is confident the company will convince investors of the value of holding on to GM's stock, which has dropped nearly 9 percent since mid-March despite a $5 billion share buyback plan.

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