Overview
- Honda cut its operating profit forecast for the year through March 2026 by 21% to 550 billion yen.
- Second-quarter operating profit fell 25% year on year to 194 billion yen, undershooting analyst expectations.
- The company said U.S. import tariffs reduced operating profit by 164 billion yen over the first six months.
- Chip supply disruptions tied to the Nexperia episode led to adjusted North American production and a halt at the Celaya, Mexico plant starting Oct. 28, though China has since allowed Nexperia exports to resume.
- Currency movements shaved 116 billion yen from first-half operating profit, while record global motorcycle sales reached 10.7 million units, including more than 9 million in Asia.