Honda Raises FY2027 Operating Profit Forecast to ¥780 Billion

Honda raised its operating profit forecast for the fiscal year ending March 31, 2027, by ¥130 billion, even with projected EV-related losses and weaker automobile sales in China.

The new forecast is ¥780 billion, up from Honda’s previous estimate of ¥650 billion. The revision applies to operating profit.

Honda kept its forecast for EV-related losses at ¥520 billion, unchanged from its prior estimate. The company also identified expenses tied to a strategy change.

Honda’s automobile sales in China declined, and its vehicle sales forecast included a decrease for China.