Earnings ·
Honda Motor Co., Ltd. reported consolidated financial results for the fiscal first quarter ended June 30, 2026…
HNDAFHonda Motor Co Ltd
Honda Motor Co., Ltd. reported consolidated financial results for the fiscal first quarter ended June 30, 2026, alongside a revision to its full-year forecast. Sales revenue increased 13.5% year-over-year to JPY 6,061.5 billion, while operating profit surged 117.4% to JPY 530.8 billion, driven by positive foreign currency translation effects and the absence of EV-related losses incurred in the prior period. The company revised its fiscal year ending March 31, 2027, earnings forecast upward due to a weaker yen (average rate revised from JPY 145 to JPY 155 per USD). Revised full-year projections now estimate sales revenue of JPY 24,150 billion and operating profit of JPY 650 billion. Honda operates in the automotive, motorcycle, and financial services industries.