Honda Motor on Thursday reported its first annual loss in nearly 70 years as a publicly listed company, mainly due to the impact of U.S. tariffs and the heavy costs associated with restructuring its electric vehicle business.

Honda Motor on Thursday reported its first annual loss in nearly 70 years as a publicly listed company, mainly due to the impact of U.S. tariffs and the heavy costs associated with restructuring its electric vehicle business.

老虎证券2026/05/14 04:49

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In the fiscal year ending March, the company's operating loss totaled 414.3 billion yen (approximately $2.63 billion). In contrast, a survey conducted by Refinitiv among 22 analysts showed the market's expected median loss was 315.6 billion yen; while in the previous fiscal year, the company had recorded an operating profit of 1.2 trillion yen.

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Honda Motor on Thursday reported its first annual loss in nearly 70 years as a publicly listed company, mainly due to the impact of U.S. tariffs and the heavy costs associated with restructuring its electric vehicle business.

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