BUSINESSWTOP DC
Japan’s Honda reports robust results after its first ever annual loss
Honda's profit for the fiscal first quarter doubled to 456.9 billion yen ($2.9 billion), driven by strong sales in the U.S. and India. The company is recovering from a record annual loss linked to costly electric-vehicle plans and U.S. President Donald Trump’s policies, which impacted EV adoption and profitability. Honda raised its profit forecast for the current fiscal year to 400 billion yen ($2.5 billion).
Mentioned
Related Signal
Adjacent reporting
- Japan’s Honda reports robust results after its first ever annual loss
- Honda posts first annual loss in 70 YEARS as Japanese car giant blames poor EV sales
- Honda Raises Outlook 30% as Weak Yen, US Demand Lift Profits
- Honda shows off new hybrids for America as it absorbs $9 billion EV loss
- Japan’s Toyota reports hefty profit on cheap yen and solid car sales
- Honda reports first loss since 1957 as it waters down EV strategy, but shares rise on 2026 forecasts