Honda Releases FY2027 First-Half Earnings Report, Net Profit Attributable to Parent 516.761 Billion Yen

On November 10, 2026, Honda released its financial results for the first half of fiscal year 2027 (April 1, 2026 to September 30, 2026). During the reporting period, Honda's total operating revenue was 12.04 trillion yen, up 13.2% year on year; gross profit was 2.22 trillion yen, up 3.32% year on year; gross margin was 18.44%, down 1.77 percentage points year on year; operating profit was 648.737 billion yen, up 48.1% year on year; net profit attributable to parent company shareholders was 516.761 billion yen, up 65.7% year on year; net cash flow from operating activities was 632.855 billion yen; basic earnings per share and diluted earnings per share both stood at 132.75 yen, up 73.98% year on year; and the debt-to-asset ratio was 63.81%, up 0.06 percentage points quarter on quarter. By business segment, operating profit from the motorcycle business was 439.057 billion yen; the automobile business posted an operating loss of 5.785 billion yen (compared with a loss of 73.060 billion yen in the same period of 2025); operating profit from the financial services business was 210.997 billion yen; and operating profit from the power products and other businesses was 4.468 billion yen. Regarding EV-related losses, the company recognized 479.244 billion yen in losses and expenses in cost of sales and 5.621 billion yen in research and development expenses for the period, while recognizing a 49.722 billion yen gain in investment profit or loss under the equity method. Honda also raised its consolidated full-year forecast for fiscal year 2027 (April 2026 to March 2027): revenue is expected to reach 24.4 trillion yen, up 11.9% year on year; operating profit is expected to be 780 billion yen; net profit attributable to parent company shareholders is expected to be 500 billion yen; and basic earnings per share are expected to be 128.44 yen. In addition, Honda completed an additional equity acquisition in semiconductor company Astemo Co., Ltd. on October 1, 2026, acquiring the stake for cash consideration of 152.75 billion yen and raising its shareholding to 61.0%. The interim dividend remains at 35 yen per share, with a full-year dividend plan of 70 yen per share.