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Honda to Boost Buybacks, Sees Another Record Profit on Hybrids [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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Most Read from Bloomberg Biden Set to Impose Tariffs on China EVs, Strategic Sectors Apple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV ‘Seriously Underwater' Home Mortgages Tick Up Across the US Marjorie Taylor Greene Finally Got What She Deserved: Defeat Japan's second-largest automaker said it expects an operating profit of ¥1.42 trillion ($9.1 billion) for the year through March 2025, mostly in line with the market's consensus of ¥1.43 trillion and above its own February projection of ¥1.25 trillion. “Honda posted a conservative guidance, and its likely that the company will revise it upward later,” said Bloomberg Intelligence analyst Tatsuo Yoshida. For the year that just ended in March, Honda reported a record operating profit of ¥1.38 trillion, up 77% from the prior year. It also announced plans to repurchase as much as 300 billion yen, or 3.7% of its shares, the most it's ever paid out. Honda and other Japanese companies have been under pressure to
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