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Consumer Cyclical - Auto - Manufacturers - NYSE - JP
$ 25.82
0.155 %
$ 40.3 B
Market Cap
6.54
P/E
EARNINGS CALL TRANSCRIPT
EARNINGS CALL TRANSCRIPT 2014 - Q3
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Unknown Executive

sales volume and model mix, other, minus JPY 41 billion; SG&A decrease, plus JPY 11 billion; ForEx effects, plus JPY 30 billion; other income and expenses, minus JPY 10 billion. Please note that we do not expect changes in cost-down effects or R&D expenses.

Finally, we would like to highlight our forecast for capital expenditures, depreciation costs and R&D expenses. The forecast for capital expenditures is JPY 710 billion, a JPY 10 billion increase due to ForEx effects and other factors.

The forecast for depreciation and amortization is JPY 375 billion, an increase of JPY 5 billion compared to the previous forecast due to the impact of ForEx effects, as well as other factors. The forecast for R&D expenses is JPY 630 billion. This concludes our financial results presentation.

We hope that you found this audio explanation helpful and would like to thank you for your continued interest in Honda's activities..

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