Honda expects profit growth driven by US demand, motorcycle business, and favorable exchange rates
智通财经2026/11/09 03:36Show original
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(1) Driven by strong demand in the US market, robust motorcycle business, and a favorable exchange rate environment, Honda's upcoming second-quarter earnings are expected to see growth. (2) The Japanese automaker forecasts operating profit for the fiscal year ending March 2027 to reach 650 billion yen (approximately $4.1 billion); analysts expect further profit growth, with consensus estimates nearing 840 billion yen. (3) Honda is currently under pressure to recover: in the previous fiscal year, the company recognized an impairment loss of 2.5 trillion yen due to failed bets in the electric vehicle sector; having invested excessively and too quickly in battery-powered vehicles amid rising demand, the company recorded its first annual loss since its founding in the late 1940s.
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