Consolidated results for the first quarter of the fiscal year ending March 2027 and consolidated earnings forecast for the fiscal year ending March 2027
HONDA MOTOR CO.,LTD. and its consolidated subsidiaries
The motorcycle, automobile, financial services, power products and other businesses. The filing also refers to EV models that had been scheduled for production in North America, but the model names are Not disclosed
Growth in the financial services and motorcycle businesses, the positive impact of foreign currency translation, the impact of EV-related losses in the same period of the previous fiscal year, and the impact of tariffs. Regarding the review of the automobile electrification strategy, the filing states that Honda began investigating the impact on multiple business partners following the decision to cancel the launch and development of EV models that had been scheduled for production in North America.
Operating profit for the first quarter was ¥530,767 million, and profit for the quarter attributable to owners of the parent was ¥450,915 million. The full-year forecast for the fiscal year ending March 2027 is operating profit of ¥650,000 million and profit for the year attributable to owners of the parent of ¥400,000 million.
The cumulative consolidated period for the first quarter (1 April 2026 to 30 June 2026). The full-year forecast covers the fiscal year ending March 2027 (1 April 2026 to 31 March 2027).
Revision from the most recently announced earnings forecast: Yes. The revised full-year forecast is revenue of ¥24,150,000 million, operating profit of ¥650,000 million, profit before tax of ¥660,000 million, profit for the year of ¥480,000 million, and profit for the year attributable to owners of the parent of ¥400,000 million.
Company response
Honda and its consolidated subsidiaries began investigating the impact arising at multiple relevant business partners.
With respect to airbag inflators, additional provisions may become necessary if new events occur or for other reasons. With respect to the review of the automobile electrification strategy, additional expenditures may arise depending on the status of future discussions with individual business partners. At present, however, the amount and timing cannot be reasonably estimated with sufficient reliability.
| Item | Details |
|---|---|
| Event name | Consolidated results for the first quarter of the fiscal year ending March 2027 and consolidated earnings forecast for the fiscal year ending March 2027 |
| Date of occurrence | 30 June 2026 (end of the first quarter of the current consolidated accounting period; the financial results summary was disclosed on 5 August 2026) |
| Subject Entity | HONDA MOTOR CO.,LTD. and its consolidated subsidiaries |
| Target Locations / Products | The motorcycle, automobile, financial services, power products and other businesses. The filing also refers to EV models that had been scheduled for production in North America, but the model names are Not disclosed |
| Cause | Growth in the financial services and motorcycle businesses, the positive impact of foreign currency translation, the impact of EV-related losses in the same period of the previous fiscal year, and the impact of tariffs. Regarding the review of the automobile electrification strategy, the filing states that Honda began investigating the impact on multiple business partners following the decision to cancel the launch and development of EV models that had been scheduled for production in North America. |
| Amount of Impact on Business Performance | Operating profit for the first quarter was ¥530,767 million, and profit for the quarter attributable to owners of the parent was ¥450,915 million. The full-year forecast for the fiscal year ending March 2027 is operating profit of ¥650,000 million and profit for the year attributable to owners of the parent of ¥400,000 million. |
| Accounting period in which recognized | The cumulative consolidated period for the first quarter (1 April 2026 to 30 June 2026). The full-year forecast covers the fiscal year ending March 2027 (1 April 2026 to 31 March 2027). |
| Impact on Earnings Forecast | Revision from the most recently announced earnings forecast: Yes. The revised full-year forecast is revenue of ¥24,150,000 million, operating profit of ¥650,000 million, profit before tax of ¥660,000 million, profit for the year of ¥480,000 million, and profit for the year attributable to owners of the parent of ¥400,000 million. |
| Investigation structure | Honda and its consolidated subsidiaries began investigating the impact arising at multiple relevant business partners. |
| Outlook | With respect to airbag inflators, additional provisions may become necessary if new events occur or for other reasons. With respect to the review of the automobile electrification strategy, additional expenditures may arise depending on the status of future discussions with individual business partners. At present, however, the amount and timing cannot be reasonably estimated with sufficient reliability. |
Items this document does not state (15)
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.The increase in first-quarter revenue was attributable to growth in the financial services and motorcycle businesses and the effects of foreign currency translation. The increase in operating profit reflected the impact of EV-related losses in the same period of the previous fiscal year and the impact of tariffs. No specific reason for the revision to the full-year earnings forecast is stated in the filing.