Six of Japan's seven major automakers fared well on their consolidated bottom lines in fiscal 2021, benefiting from the yen's weakening, according to earnings reports.
Net profit grew 7.6% to 707 billion at Honda Motor Co. and 9.5% to 160.3 billion at Suzuki Motor Corp. Nissan Motor Corp., Mazda Motor Corp. and Mitsubishi Motors Corp., reported net profits of 215.5 billion, 81.5 billion and 74 billion, respectively.
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