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Honda's profit plunged 37% due to tariffs, currency swings, and supply issues, cutting its full-year forecast by 64%.
Honda reported a 37% drop in first-half profit to 311.8 billion yen ($2 billion) for the fiscal year ending September 2025, citing Trump-era tariffs, unfavorable currency rates, and supply chain issues.
Operating profit fell 164 billion yen from tariffs and 116 billion yen from exchange rates.
Despite record global motorcycle sales of 10.7 million units, vehicle sales dipped to 1.68 million.
The company cut its full-year profit forecast to 300 billion yen, a 64% decline, amid ongoing production disruptions from a chip shortage after the Dutch government seized Nexperia, halting output at Honda’s Celaya, Mexico plant.
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Las ganancias de Honda se desplomaron un 37% debido a los aranceles, las fluctuaciones de divisas y los problemas de suministro, reduciendo su pronóstico para todo el año en un 64%.