Honda Motor reports 76% plunge in operating profit in huge earnings miss

Financial Performance - Honda's fourth-quarter operating profit plunged 76%, missing earnings estimates due to the impact of U.S. tariffs [1] - For the financial year ending in March, Honda reported revenue of 21.69 trillion yen, exceeding the average expectation of 21.63 trillion yen, representing a year-on-year increase of 6.2% [2] - Operating profit for the financial year fell 12.2% to 1.21 trillion yen, below the average estimate of 1.41 trillion yen [2] Quarterly Results - In the fourth quarter, Honda's revenue was 5.36 trillion yen ($47.26 billion), matching expectations [3] - However, the operating profit for the same quarter was significantly lower at 73.5 billion yen compared to 275.52 billion yen in the previous year [3]