Honda Motor Co. Ltd. consolidated net income for the fiscal year’s first quarter fell 5.4% vs. like-2002 to ¥101.8 billion ($850 million). Unit sales in all of Honda’s divisions – automobiles, motorcycles and power products – increased for the quarter. Consolidated net sales and other revenue totaled a record high of ¥2 trillion ($16.7 billion), an increase of 3.7% from 2002’s first quarter. Currency translation effects negatively impacted total revenue, when revenue from overseas ...
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