Honda reports more than 60% year-on-year drop in quarterly operating profit
ReutersFeb 10, 2026 6:39 AM
TOKYO, Feb 10 (Reuters) - Honda Motor 7267.T said on Tuesday its third-quarter operating profit fell 61.4%, marking a fourth consecutive year-on-year decline, as U.S. import tariffs and changes in the market environment for electric vehicles weighed on results.
Japan's second-biggest automaker after Toyota Motor 7203.T reported operating profit of 153.4 billion yen ($987.07 million) for the period, compared with a 174.5 billion yen average forecast from nine analysts polled by LSEG and 397.3 billion yen in the same quarter a year earlier.
($1 = 155.4100 yen)
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