Group 1 - Honda reported a significant decline in net profit for the first quarter of fiscal year 2026, with a net profit of 196.67 billion yen (approximately 9.578 billion RMB), a year-on-year decrease of 50.2% [1] - The company's operating profit for the same period was 244.17 billion yen (approximately 11.891 billion RMB), down 49.6% year-on-year, while sales revenue decreased by 1.2% to 5.34 trillion yen (approximately 260.053 billion RMB) [1] - Honda revised its full-year operating profit forecast for fiscal year 2026 to 700 billion yen (approximately 34.089 billion RMB), up from a previous estimate of 500 billion yen, but still below market expectations of 896.24 billion yen (approximately 43.648 billion RMB) [2] Group 2 - The company expects full-year sales revenue of 21.1 trillion yen (approximately 1.023 trillion RMB), an increase from the previous estimate of 20.3 trillion yen, but slightly below market expectations of 21.21 trillion yen [2] - Honda's global retail sales volume for fiscal year 2026 is projected to remain at 3.62 million units, unchanged from previous forecasts [2] - The automotive industry is facing challenges due to changing global dynamics, with Honda's performance impacted by tariff effects and currency fluctuations [3] Group 3 - Other Japanese automakers, such as Nissan and Mazda, have also reported disappointing financial results, indicating a broader trend of declining performance in the industry [3] - In the competitive Chinese market, Honda's sales in June were 58,596 units, a year-on-year decline of 15.2%, highlighting the need for the company to accelerate its electric vehicle transition to enhance competitiveness [3]
本田第一财季净利腰斩