TOKYO, May 14 (Pulse News Wire) – Honda Motor CO.,LTD. (7267.T) reported mixed results for its fiscal year ending March 31, 2026.
Revenue reached ¥21.69 trillion, marking a slight increase compared to the previous year. However, lower operating profit stood at ¥1.05 trillion, reflecting a significant decline due to electric vehicle (EV) related losses and tariff impacts. Net profit fell to a loss of -¥353.0 billion, down from the prior year's profit. The company attributed the decrease in profitability largely to adjustments in its EV strategy amid changing market conditions. Specifically, Honda decided to halt production or development of certain EV models in North America and China, leading to substantial costs and asset impairments.
These actions resulted in additional expenses recognized within the cost of sales, selling and general administrative expenses, research and development expenditures, and equity method investment losses. Looking ahead, Honda forecasts revenue of ¥21.69 trillion for the fiscal year ending March 31, 2027, but expects continued pressure on operating income due to ongoing challenges in the global EV market. The company anticipates further reductions in EV-related losses next year, aiming to mitigate some of the recent setbacks. Dividend payments are scheduled to begin on June 9, 2026, with an expected dividend per share of ¥35.00. Honda plans to maintain its dividend payout ratio at approximately 2.4%, aligning with shareholder expectations despite the challenging financial environment.
Financial results — FY2026/3 (consolidated)
| Metric | Current | YoY |
|---|---|---|
| Revenue | ¥21,796,610M | +0.5% |
| Operating profit | ¥-414,346M | n/a |
| Net profit | ¥-353,023M | n/a |
Source: TDNet filing · Figures in millions of yen
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