Honda has raised its operating profit forecast for the fiscal year ending March 2026 by 40%, or $1.35 billion (200 billion yen), to $4.73 billion (700 billion yen) from its previous estimate of $3.38 billion (500 billion yen). This revision comes despite the negative impact of US auto tariffs and reflects the benefits of a weaker yen and robust demand in the United States. The company's basic earnings per share attributable to owners of the parent are now forecast at 105.07 yen, a significant increase from the previously announced 62.84 yen.
This updated forecast on August 6, 2025, follows a reassessment of foreign exchange assumptions and an analysis of tariff impacts, which were initially announced on May 13, 2025. The company's consolidated financial results for the fiscal year ended March 31, 2025, showed a basic earnings per share of 178.93 yen.
While the company raised its full-year guidance, its first-quarter operating profit for the fiscal year ending March 2026, which fell about 50% to $1.65 billion (244.17 billion yen), missed LSEG's mean estimates of $2.18 billion (323 billion yen). Despite this quarterly dip, the overall outlook remains positive due to currency advantages and market strength.
