Honda, Tariff Hit
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AFP on MSNHonda forecasts 70pc net profit dropJapan’s Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto
NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with Y237.57 billion in net profit in the year-earlier period.