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Honda's Profit Plummets 76% Amid Tariff Turmoil

5/14/2025

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Story summary
  • Honda's operating profit plummeted 76% in the fourth quarter, primarily due to U.S. tariffs.
  • Revenue increased to 21.69 trillion yen, yet net profit decreased by 24.5% to 835.84 billion yen.
  • The company expects a 59% drop in operating profit for the upcoming fiscal year.
  • Motorcycle sales rose, while automobile sales declined, especially in China and Southeast Asia.
  • Trade tensions and tariff policies heavily influence Honda's future business prospects.