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Honda profit rises for first time in six quarters, raises full-year forecast

Honda profit rises for first time in six quarters, raises full-year forecast
Channel News Asia Wednesday 05 August 2026, 06:41 UTC 1 min read
Key Points

Honda profit rises for first time in six quarters, raises full-year forecast TOKYO, Aug 5 : Honda Motor said on Wednesday profit rose for the first time in six quarters as a boost from a weaker yen helped offset declining global sales and higher material costs linked to the Iran war, and raised its full-year forecast. Japan's second-biggest automaker said operating profit more than doubled to 530.8 billion yen ($3.37 billion) in April-June from 244.2 billion yen in the same period a year...

Honda profit rises for first time in six quarters, raises full-year forecast TOKYO, Aug 5 : Honda Motor said on Wednesday profit rose for the first time in six quarters as a boost from a weaker yen helped offset declining global sales and higher material costs linked to the Iran war, and raised its full-year forecast. Japan's second-biggest automaker said operating profit more than doubled to 530.8 billion yen ($3.37 billion) in April-June from 244.2 billion yen in the same period a year earlier. That compared with a median forecast of 302.1 billion yen in a poll of nine analysts by LSEG. The company raised its full-year operating profit forecast by 30 per cent to 650 billion yen from 500 billion yen. ($1 = 157.7100 yen)
Honda (ORG) TOKYO (LOCATION) Honda Motor (ORG) the Iran war (EVENT) Japan (LOCATION)
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