Tag Archives: tmc profits

Honda Overseas and Japan Production Down Again in May

Posted on 28 June 2011 by Ken Zino

Honda Motor Company in Japan today announced that vehicle production declined by more than 50% for the month of May 2011. It was the third straight month that production dropped due to the ongoing negative effects of the Japan earthquake and tsunami in March. Continue reading →

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Honda Motor Predicts $2.4 Billion Profit Drop from Earthquake

Posted on 14 June 2011 by Ken Zino

This represents a 63.5% decline for Japan’s third largest automaker compared to the previous year, the result of production disruptions caused by the Japan earthquake and tsunami, rebuilding costs, as well as a strong Yen at an unprecedented ¥80:$1. Continue reading →

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Toyota Predicts 31% Profit Dip in Fiscal Year from Earthquake

Posted on 10 June 2011 by Ken Zino

The longer term issues facing Toyota are recovering lost market share and the unprecedented strength of the Japanese Yen caused by massive inflows of cash as export oriented Japanese companies attempt to recover from earthquake losses. Continue reading →

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