JOURNAL ARTICLE

Honda Holds Guidance on Lukewarm Quarter, US Tariff Headwinds.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Takahashi, Nicholas 3 of 3

Abstract

The article focuses on Honda Motor Co.'s financial performance and outlook amid challenges such as weak sales and U.S. tariffs. For the third quarter, Honda reported an operating income of ¥153.4 billion ($987 million), surpassing analyst expectations, while maintaining its annual operating profit guidance at ¥550 billion for the fiscal year ending March 31, 2026, a decrease from the previous year's ¥1.21 trillion. The company has also raised its net sales forecast to ¥21.1 trillion and announced a share cancellation of 747 million shares, approximately 14% of its total. Despite struggles in its automobile sector due to competition and tariffs, Honda's profitability has been supported by strong demand for gas-electric hybrid vehicles and its motorcycle business. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191488551
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