12:20 - 6.08.2026
August 6, Fineko/abc.az. Japanese automaker Honda Motor has released the financial results for the 1st quarter of fiscal year 2026 (April-June 2026).
Company's net profit more than doubled against Q1 of 2025 up to 450.9 bn yens (approx. $2.86 bn).
Sales revenue for the quarter increased by 13.5% up to almost 6 trillion yens (nearly $38 bn), while operating profit jumped up to 530.7 bn yens ($3.3 bn). Strong car sales in the North American market, the weakening of the yen, as well as high demand for hybrid models contributed to growth of indicators.
On the back of strong first-quarter results, Honda raised its annual net profit forecast for the current fiscal year from 260 bn yens up to 400 bn yens.
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