On May 10, 2024, Honda Motor Co., Ltd. reported strong financial growth for the fiscal year ending March 31, 2024, with sales revenue increasing by 20.8% to JPY 20,428.8 billion and profit for the year attributable to owners rising by 70.0% to JPY 1,107.1 billion. The company also announced an expected decrease in profits for FY2025, forecasting an operating profit of JPY 1,420.0 billion, up 2.8%.