Masao Kawaguchi
Coverage of Masao Kawaguchi in the Nexus archive.
- 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, driven by strong sales in the U.S. and India, despite challenges in China. The company is recovering from a historic annual loss linked to costly electric-vehicle plans and U.S. policy impacts, and now forecasts a return to profitability this fiscal year.
- 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).