Tuesday, February 6, 2018

Tokyo, Japan-Based Honda Motor Co Ltd Has Blow-Out Dec 2017 Quarter ....................................................................................... Dec 2017 Quarter Sales Revenue Were Yen 3,957 Bil, Up 13% From Its Dec 2016 Quarter ....................................................................................... Gross Margin 22.6% in Dec 2017 Quarter, Up From 21.8% in Dec 2016 Quarter ....................................................................................... Dec 2017 Quarter Operating Profit Was Yen 285 Bil, Up a Very Impressive 37% From the Dec 2017 Operating Profit of Yen 208 Bil ....................................................................................... Dec 2017 Quarter Pretax Income Was Yen 347 Bil, Up 33% From the Dec 2017 Quarter Pretax Income of Yen 261 Bil ....................................................................................... And Dec 2017 Quarter Net Income Was Yen 590 Bil, Up an Incredibly Robust 217% or Up Yen 404 Bil From the Dec 2016 Quarter Net Income of Yen 186 Bil (Whoa, What's Going On Here?) ....................................................................................... Well, It's All About the US Trump Tax Bill, It Tremendously Helps Foreign Corps Like Honda and Toyota Too ....................................................................................... OK, So Just How Much Does the US Trump Tax Bill Help Honda's Dec 2017 Quarter Net Income? ....................................................................................... Let Me Copy Honda Motors Explanation Which Was Reported in Its Very Recent US SEC Filing "Based on the reduction of the federal corporate income tax rate, the Company reevaluated deferred tax assets and liabilities in its U.S. consolidated subsidiaries. As a result, the Company has recognized impacts of the enactment of the Tax Cuts and Jobs Act, including a decrease in income tax expenses of JPY 346,129 million, in the third quarter of the fiscal year ending March 31, 2018" ....................................................................................... So, Now Let Me Explain What This Means in More Simple Terms? ....................................................................................... With Its Very Heavy US Operations, Coupled With What Happened in the US Trump Tax Bill, Honda Motor Co Was Bestowed By US Taxpayers, Because They Are Completely Funding the Trump Tax Bill, a US Federal Income Tax Debt Forgiveness of Yen 346 Bil, or of US$3.2 Bil at the Current Exchange Rate of 1 Japanese Yen Equals US$0.0092 ....................................................................................... Yeah, So the US Trump Tax Bill Results in US Taxpayers Giving Hundreds of Billions of Dollars in Foreign Aid To Thousands of Large Foreign Corporations ....................................................................................... Yeah, Donald Trump and the Republican-Controlled US Congress Has Pulled Off a Miracle in Effectively Privatizing the US State Department and Foreign Aid