Honda posts 13% revenue rise and lifts FY2027 profit outlook despite large EV losses
Honda Motor reported first‑half FY2027 revenue of ¥12,037.6 billion, up 13.2% year‑over‑year, and operating profit of ¥648.7 billion, a 48% increase. EV‑related losses of ¥484.8 billion weighed on results, but the company raised its full‑year operating profit forecast by 20% to ¥780 billion and reaffirmed a ¥70 per share dividend. It also announced plans for a $3 billion Ohio factory to support hybrid vehicle production.
Why it matters
The higher full‑year profit forecast signals stronger earnings potential for shareholders, while the unchanged EV‑loss guidance highlights a continued cost head‑wind that investors will monitor. The dividend commitment and new U.S. plant suggest stable cash flow and strategic expansion.
Key facts
- 1Consolidated revenue for the six months ended September 30 2026 was ¥12,037.6 billion, a 13.2% increase YoY. investing.com
- 2Operating profit for the same period rose 48% to ¥648.7 billion. investing.com
- 3Net profit increased 66% to ¥516.8 billion. just-auto.com
- 4EV‑related losses amounted to ¥484.8 billion in the first half. investing.com
- 5Full‑year operating profit forecast was raised 20% to ¥780 billion. investing.com
- 6Dividend was maintained at ¥70 per share, targeting a 3.0% dividend‑on‑equity ratio. investing.com
Open questions
- Motorcycle sales growth is reported as 10.6% YoY in material 2 and 11% YoY in material 3.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.