Honda Posts 9-Month Revenue Drop, Maintains FY26 Profit Outlook, Ups Sales Forecast

Honda reported for the nine months ended December 2025 that revenue fell 4.2% year-over-year to ¥2.899 trillion ($22.2B), pressured by soft demand and supply chain disruptions. The company reaffirmed its full-year 2026 profit outlook of ¥300 billion–¥330 billion, citing cost optimization and electric vehicle (EV) sales growth. However, it revised upward its sales revenue forecast to ¥4.46 trillion for FY2026, citing stronger EV unit sales and improved pricing in key markets. The results reflect continued transition to electrification amid global economic headwinds.