Motorcycle "cash cow" offsets weakness in automotive business! Honda (HMC.US) exceeds expectations with Q1 net profit surging 129% thanks to weak yen, raises guidance for fiscal year 2027

Golden Ten Data APP has learned that Japan’s second-largest automaker, Honda Motor (HMC.US), released results on Wednesday that exceeded expectations—net profit for the first fiscal quarter surged 129.3% year-on-year to 450.9 billion yen (approximately $2.9 billion), with operating profit doubling to 530.8 billion yen, both far surpassing market expectations. This marks Honda’s first quarterly year-on-year profit growth in six quarters.