Honda reported an 8.7% rise in profit for Q2, reaching 394.7 billion yen ($2.7 billion), driven by strong sales of hybrid cars in Japan and the U.S. and motorcycles in India and Brazil.
Quarterly revenue increased 17% to 5.4 trillion yen ($36.7 billion).
A weak yen added $326 million to the automaker’s operating profit, though competitive pricing in China tempered gains. CFO Eiji Fujimura highlighted Honda’s resilience through product adaptability and global market strategies.
Despite U.S. uncertainties and EV market challenges in China, Honda maintains its forecast for fiscal year profit at 1 trillion yen ($6.8 billion), with projected sales of 2.97 million vehicles and 13 million motorcycles worldwide.
From a strategic standpoint, Honda continues to navigate evolving markets with a focus on hybrid and EV offerings while capitalizing on its motorcycle strength in emerging economies.
