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MarketScreener Homepage  >  Equities  >  Tokyo  >  Honda Motor Co., Ltd.    7267   JP3854600008

HONDA MOTOR CO., LTD.

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Honda Motor : Dalla Porta wins Moto3 Japan Grand Prix, virtually securing world crown

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10/20/2019 | 02:18am EST

Motegi, Japan, Oct 20 (EFE).- Italy'sLorenzo Dalla Porta (Honda) won the Moto3 Grand Prix at the Japanese Motegi circuit and inched a lot closer to earning the 2019 world title in the category after his only rival for the championship crashed.

Spain'sAron Canet (KTM) fell to the ground at Turn 14 when he was with the leading group and - much to his disappointment - was forced to withdraw, paving the way for Dalla Porta, who used the opportunity to clinch his second win of the season.

The Italian's victory made him extend his lead in the race for the world title by 47 points, which virtually ensures his coronation as world champion in the near future, as there are only three more races remaining.

Canet had overtaken Dalla Porta earlier in the race and was competing side-by-side with the leading riders, even reaching the fourth position in the fifth lap, which at the time was spearheaded by Japan'sTatsuki Suzuki of Honda, followed by his teammate, Spain'sSergio Garcia.

In the opening lap, Argentina'sGabriel Rodrigo (Honda) and the Czech Republic's Jakub Kornfeil (KTM) collided, leading to an investigation by officials.

By Turn 9, Dalla Porta had managed to take the lead after a strong eighth lap. Six laps later, Canet was left out of the running.

The Spaniard's withdrawal left only five riders vying for the win: Dalla Porta ended up on top with a time of 39 minutes and 34.866 seconds, followed by KTM riders Albert Arenas of Spain and Celestino Vietti of Italy, as well as Suzuki and Garcia in fourth and fifth place, respectively.

Dalla Porta clinched the victory in a thrilling last-lap performance.

The antepenultimate race of the season will take place in Australia next week. EFE

© 2019 EFE News Services (U.S.) Inc., source EFE Ingles

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Financials (JPY)
Sales 2020 15 196 B
EBIT 2020 736 B
Net income 2020 619 B
Debt 2020 3 825 B
Yield 2020 3,57%
P/E ratio 2020 8,90x
P/E ratio 2021 7,87x
EV / Sales2020 0,62x
EV / Sales2021 0,66x
Capitalization 5 526 B
Technical analysis trends HONDA MOTOR CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 3 348,75  JPY
Last Close Price 3 150,00  JPY
Spread / Highest target 31,1%
Spread / Average Target 6,31%
Spread / Lowest Target -14,3%
EPS Revisions
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NameTitle
Takahiro Hachigo President, CEO & Representative Director
Seiji Kuraishi COO, Representative Director, VP & Head-Strategy
Kohei Takeuchi Senior MD, Head-Finance & Administration
Yoshiyuki Matsumoto Senior Managing Director, Head-R&D
Toshiaki Mikoshiba Senior MD, GM-North America & Head-Sales
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