TOKYO, May 12, 2023 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda) and GS Yuasa International Ltd. (GS Yuasa) today announced that they have signed a joint venture agreement toward the establishment
Honda’s profit for the fiscal year that ended in March has dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic. But the Japanese automaker says recovery is on the way, forecasting record sales and operating profitability for the current fiscal year. Net profit for the fiscal year that just ended totaled 695.2 billion yen, or $5.2 billion, as declining auto sales and rising research costs offset the perks of a favorable currency exchange rate. Sales for the fiscal year grew 16%, lifted by healthy motorcycle sales.
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Honda and GS Yuasa Sign Joint Venture Agreement To Establish New Company, Honda - GS Yuasa EV Battery R&D Co., Ltd. jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
Honda Motor Co., Ltd. (Honda) and GS Yuasa International Ltd. (GS Yuasa) today announced that they have signed a joint venture agreement toward the establishment of a new company. As announced on January 23, 2023 with a joint press release titled, 'Honda .