Core Viewpoint - Honda Motor Co., Ltd. reported its consolidated financial results for the fiscal first quarter ended June 30, 2025, highlighting strong performance in the motorcycle and automobile sectors despite challenges from tariffs and one-time expenses related to electric vehicles [1][2]. Financial Results - Operating profit for the quarter was 244.1 billion yen, with significant contributions from the motorcycle business in Brazil and Vietnam, achieving the highest operating profit [4]. - In the automobile sector, North American sales remained robust, although the company faced tariff impacts and one-time expenses related to electric vehicles [4]. - Operating cash flows after R&D adjustments were reported at 583.0 billion yen [4]. Financial Forecast - The company revised its operating profit forecast upward to 700.0 billion yen and profit for the year to 420.0 billion yen, reflecting a 200 billion yen increase compared to the previous forecast due to a detailed review of tariff impacts and currency assumptions [4]. - The gross impact of tariffs has been revised to 450 billion yen, and the JPY/USD foreign exchange assumption has changed from 135 yen to 140 yen [4]. Shareholder Returns - As of July 31, 2025, Honda has acquired 936.5 billion yen worth of its own shares, totaling 646.66 million shares, achieving a progress rate of 85.1% towards the target of acquiring up to 1 trillion 100 billion yen or 1.1 billion shares [3].
Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal first quarter ended June 30, 2025.