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BREAKING NEWS: Honda Cuts FY 2025 Net Profit Forecast to 300 Bil. Yen
Summary by Kyodo News+
4 Articles
4 Articles
Honda's automotive giant significantly lowered its sales and profit forecast for his 2025/26 fiscal year on Friday.
·Montreal, Canada
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Japanese automaker Honda Motor Co. has cut its full-year forecast. The company said on Friday that its operating profit for the full fiscal year 2025/26 will likely be 550 billion yen, equivalent to 3.1 billion euros, which is 21 percent less than the previously expected 700 billion yen. The automaker justified the deterioration in the forecast by one-time costs related to electric vehicles, weaker sales in China and a shortage of computer chips…
·Bratislava Region, Slovakia
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Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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