Honda publishes transcript of fiscal 2027 second-quarter earnings presentation
HMC•Honda raised its fiscal 2027 operating profit guidance by JPY 130 billion to JPY 780 billion, while keeping its forecast for EV-related losses at JPY 520 billion. First-half operating profit rose 48.1% to JPY 648.7 billion.
1. Guidance and results
At its November 10 second-quarter earnings briefing, Honda raised fiscal 2027 operating profit guidance to JPY 780 billion. The JPY 130 billion increase reflects stronger motorcycle sales and North American auto demand; forecast EV-related losses remain JPY 520 billion. First-half operating profit rose 48.1% to JPY 648.7 billion despite JPY 484.8 billion in EV-related losses.
2. Capacity expansion
Honda plans to expand North American production capacity from 1,670,000 to 1,910,000 vehicles by 2029, with a new Ohio auto plant targeting hybrid demand. Its Manaus motorcycle plant in Brazil is set to increase capacity from 1,600,000 to 2,300,000 units by 2029 to meet growing domestic and export demand.
