Overview

• Mazda forecasts a 145.2 billion yen operating profit hit this year from US import tariffs and swung to a net loss of 42.1 billion yen in April–June after 69.7 billion yen in duty costs
• Honda said its Q1 operating profit fell 50% to 244.2 billion yen following a 125 billion yen tariff charge, then cut its full-year tariff impact estimate to 450 billion yen and raised its operating profit forecast to 700 billion yen
• Toyota attributed an 11% drop in June-quarter operating profit to a 450 billion yen tariff hit, warned of a record 1.4 trillion yen annual burden and trimmed its full-year operating income target by 600 billion yen to 3.2 trillion yen
• A stronger yen compounded the levy impact by eroding overseas earnings and forcing deeper forecast cuts
• Mazda plans to soften the blow by rerouting shipments, boosting output at its Alabama plant and adjusting volumes, while Honda and Toyota explore local production expansion and pricing strategies to cushion future duties