Back 06 Aug 2025

Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast ​  

Summary: Honda reported a 50% drop in Q1 operating profit due to a stronger yen and US tariffs. However, the company raised its full-year forecast, expecting a 450 billion yen hit from tariffs and a 700 billion yen operating profit.

Link: https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-posts-50-fall-q1-operating-profit-tariffs-lifts-full-year-forecast