HMC Honda Motor Co Ltd

TOKYO—Honda Motor Co. posted a 6.9% increase in its second-quarter net profit, after solid vehicle sales in the U.S. offset weak car sales in Japan.

In July-September, Japan's third-biggest auto maker by global sales volume booked ¥ 127.7 billion ($1.1 billion) in net profit, just shy of an estimate of ¥ 129.1 billion by analysts polled by Thomson Reuters. Second-quarter revenue was ¥ 3.6 trillion, a 15.6% increase from the same period last year.

Honda stuck with its full-year net profit forecast of ¥ 525 billion. It raised its revenue outlook by ¥ 100 billion to ¥ 14.6 trillion.

While Honda's U.S. sales grew 3.4% in July-September from the same period a year earlier, it underperformed the overall market gain of 6.2%. It sold around 435,600 vehicles, backed by solid demand for sport-utility vehicles such as the CR-V.

Japan sales during the same period declined 5.3% to around 175,000 vehicles, due to a slowdown in sales of minicars.

Write to Yoko Kubota at yoko.kubota@wsj.com

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(END) Dow Jones Newswires

November 04, 2015 01:55 ET (06:55 GMT)

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