Komori
Revision of earnings forecasts7267HONDA MOTOR CO.,LTD.Automobiles and transportation equipment

Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated)

For the fiscal year ended March 2026, revenue was broadly flat, while operating profit and profit attributable to owners of the parent turned from profits to losses due to EV-related losses and tariff impacts. For the fiscal year ending March 2027, operating profit is expected to recover to ¥500 billion and profit attributable to owners of the parent to ¥260 billion.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-16278
Hundred millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→23,150,000million
—
Operating profit—→500,000million
—
Profit attributable to owners of the parent—→260,000million
—
Net income per share—→66.79yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The factors contributing to changes are identified as sales impact, selling price and cost impacts, miscellaneous expenses, research and development expenses, foreign exchange impacts, tariff impacts, EV-related losses for the fiscal year ended March 2026, and EV-related losses for the fiscal year ending March 2027.

Details and amount of extraordinary loss

Impairment losses on non-financial assets of ¥521,377 million, losses on disposal of ¥331,426 million, and provision expenses of ¥667,366 million for EV-related losses. An impairment loss of ¥90,882 million on investments in certain jointly controlled entities in China was also recorded.

Previous-period resultsRevenue ¥21,796,610 million / Operating profit -¥414,346 million / Pretax profit -¥403,300 million / Profit for the period attributable to owners of the parent -¥423,941 million / Basic earnings per share -¥106.06
Dividend forecast revisionThe forecast for the fiscal year ending March 2027 is a semiannual dividend of ¥35.00, a year-end dividend of ¥35.00, and an annual dividend of ¥70.00. It is not explicitly stated whether this constitutes a revision.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥23,150,000 million(6.2%)
Operating profitNot disclosed → ¥500,000 million
Profit attributable to owners of the parentNot disclosed → ¥260,000 million
Net income per shareNot disclosed → 66.79 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsRevenue ¥21,796,610 million / Operating profit -¥414,346 million / Pretax profit -¥403,300 million / Profit for the period attributable to owners of the parent -¥423,941 million / Basic earnings per share -¥106.06
Reason for the revisionThe factors contributing to changes are identified as sales impact, selling price and cost impacts, miscellaneous expenses, research and development expenses, foreign exchange impacts, tariff impacts, EV-related losses for the fiscal year ended March 2026, and EV-related losses for the fiscal year ending March 2027.
Details and amount of extraordinary lossImpairment losses on non-financial assets of ¥521,377 million, losses on disposal of ¥331,426 million, and provision expenses of ¥667,366 million for EV-related losses. An impairment loss of ¥90,882 million on investments in certain jointly controlled entities in China was also recorded.
Dividend forecast revisionThe forecast for the fiscal year ending March 2027 is a semiannual dividend of ¥35.00, a year-end dividend of ¥35.00, and an annual dividend of ¥70.00. It is not explicitly stated whether this constitutes a revision.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomePublication date of previous forecast

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Although revenue was negatively affected by declines in the four-wheel business and foreign exchange translation, revenue increased due to growth in the motorcycle business. On the profit side, EV-related losses, against a backdrop of slowing growth in the EV market, and tariff impacts weighed on earnings.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated) | HONDA MOTOR CO.,LTD. (7267) timely disclosure | Komori