Honda reports 25% fall in Q2 operating profit

Honda Motor 7267 posted a 25% decline in second-quarter operating profit from a year earlier on Friday, as its performance took a hit from U.S. import tariffs and slower demand for electric vehicles.

Honda booked a 194 billion yen ($1.29 billion) profit for July-September, compared with an average 212.1 billion yen profit expected from nine analysts polled by LSEG and a 257.9 billion yen profit in the July-September quarter in 2024.

($1 = 150.7800 yen)