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Honda Motor Profit Dented by Tariffs

Reuters on MSN · 1d

Honda Q1 operating profit halves on tariffs, but lifts full-year forecast

Honda Motor reported a 50% drop in first-quarter operating profit on Wednesday, as a stronger yen and the impact of U.S. President Donald Trump's tariffs took its toll, but the company raised its full-year forecast.

The Wall Street Journal on MSN · 1d

Honda Motor Profit Dented by Tariffs, but Outlook Brightens

First-quarter profit halved from a year earlier due in part to the U.S. levies, though the automaker raised its annual earnings forecasts, citing a smaller-than-feared tariff hit.

Just Auto · 3h

Honda raises profit forecast after US tariff cut

Honda has also changed its average US$ exchange rate assumption for the full year from JPY135 to JPY140, which improves the profitability of its US operations. Net profits for the full year are expected to drop by almost 50% to JPY 420 billion, up from its previous forecast of JPY250 billion.

2h

Earnings live: Eli Lilly stock slides, Toyota warns on tariffs, Warner Bros. Discovery posts surprise profit

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...

14hon MSN

Honda Shifts Gears on EVs Following Massive Quarterly Loss

The Japanese automaker posted a nearly $1.6 billion operating profit loss, as it writes off losses from its EV efforts and ...

2don MSN

Toyota, Honda brace for profit falls as US tariffs, strong yen weigh

Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a ...

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