The firm also forecast a 37% jump in net profit for the current year, further boosting investor morale.
But the firm has forecast a 20bn yen profit for the current financial year ending in March.
The company is targeting a JPY 50 billion (USD 532 million) profit for the current fiscal year.
Panasonic (PC) announced that it was expecting a rebound during the current financial year and that it should turn an operating profit, due to cost cutting bolstering profitability and its television unit.
The carrier predicts net profit of 130bn yen for the current fiscal year.
In the first half of the current year, the margin earned by British Gas - that is profit as a percentage of sales - was 7.2%, compared with 6.9% in the first six months of last year, and 8.9% in the whole of 2010.
Analysts say Honda needs to phase out those generous incentives to meet a bullish goal of achieving an operating profit of 6% of sales for the current year, up from a paltry 2.9% of sales last year but still down from a high of 9.1% in 2002.
Its April 30 announcement highlighted six consecutive record profit years and forecast an 18% increase in the current year.
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The council said it had taken the expected profit from the scheme into account in the budget for the current financial year, investing it in subsidised bus routes.
There's profit sharing, too, plus the 67 paid holidays during the current four-year contract, exclusive of vacation time.
Since you've held both lots for more than a year, any profit is a long-term capital gain, taxed at a current top rate of 15%.
If, however, you hold the ISO shares for more than a year before selling, all your profit is taxed as long-term capital gains at a current top rate of 15%.
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