Honda Sees Full-Year Profit Declining 59% As US Tariffs Bite

Reuters

2025/05/13

TOKYO, May 13 (Reuters) - Japan's Honda Motor 7267.T forecast a 59% profit decrease for the current financial year on Tuesday as the impact of U.S. President Donald Trump's tariffs and a stronger yen offset gains from demand for its hybrid lineup.

Japan's second-biggest automaker expects operating income to total 500 billion yen ($3.38 billion) in the year to March 31, 2026, versus 1.21 trillion yen in the year that just ended.

($1 = 147.8900 yen)

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