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Honda reports more than 60% year-on-year drop in quarterly operating profit
Honda reports more than 60% year-on-year drop in quarterly operating profit
Business
Honda reports more than 60% year-on-year drop in quarterly operating profit
by DZRH News10 February 2026
The Honda logo is displayed, at the 46th Bangkok International Motor Show in Bangkok, Thailand, March 24, 2025. REUTERS/Chalinee Thirasupa

TOKYO, Feb 10 (Reuters) - Honda Motor 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 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)

(Reporting by Daniel Leussink; Editing by Christopher Cushing)

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