Honda has revised its consolidated net profit forecast for the fiscal year ending March 2027 upward to 400 billion yen, from the previous estimate of 260 billion yen. The company posted a 423.9 billion yen loss in the prior year due to a review of its electric vehicle strategy, but expects a significant improvement this fiscal year. The upgrade is partly driven by a revision of its assumed exchange rate to 155 yen per dollar, from 145 yen, reflecting a weaker yen. The new forecast far exceeds the average analyst estimate of 162.9 billion yen, based on a poll of 16 analysts compiled by IBES. Honda also reported consolidated net profit of 450.9 billion yen for the April-to-June quarter of 2026, roughly 2.29 times the figure from the same period a year earlier.
Honda Motor Co., Ltd.Honda raised its full-year net profit forecast to 400 billion yen, far above analyst estimates, driven by a weaker yen assumption.
