Honda Motor Co., Ltd.
Fiscal Year Ending March 2026 Q3 Financial Summary [IFRS] (Consolidated)
For the third quarter of the fiscal year ending March 2026, revenue was JPY 15,975,664 million, down 2.2% year-over-year (YoY). Operating income was JPY 591.5 billion, down 48.1% YoY. Net income attributable to owners of the parent for the quarter was JPY 465.4 billion, down 42.2% YoY.
Key Figures
- Revenue (Cumulative Q3): JPY 15,975,664 million (2.2% decrease YoY)
- Operating Income (Cumulative Q3): JPY 591,505 million (48.1% decrease YoY)
- Net Income Attributable to Owners of Parent for the Quarter: JPY 465,437 million (42.2% decrease YoY)
- Annual Dividend Forecast: JPY 70 (up from JPY 68 in prior period)
- Treasury Stock Cancellation Shares: 747,000,000 shares (14.1% of total issued shares)
AI要約
Performance Overview
For the consolidated third quarter of the fiscal year ending March 2026, revenue was JPY 15,975,664 million, down 2.2% year-over-year. Operating income was JPY 591.5 billion, down 48.1% YoY; profit before tax was JPY 771.7 billion, down 37.0% YoY; and net income attributable to owners of the parent for the quarter was JPY 465.4 billion, down 42.2% YoY. Total comprehensive income for the quarter rose 8.2% YoY to JPY 1,166,796 million. Earnings per share for the quarter were JPY 115.53, down from JPY 169.69 in the same period last year.
Financial Position Overview
Total assets increased approximately JPY 2.736 trillion from the previous consolidated fiscal year-end to JPY 32.8495 trillion. Total liabilities rose by about JPY 1.923 trillion to JPY 20.071 trillion, while total equity increased by approximately JPY 150.6 billion to JPY 12.7784 trillion. The equity attributable to owners of the parent ratio stands at 37.9%.
Dividends and Earnings Forecast
The annual dividend forecast for the fiscal year ending March 2026 is JPY 70, up from JPY 68 in the prior period. The full-year earnings forecast anticipates revenue of JPY 21,100,000 million (2.7% decrease YoY), operating income of JPY 550,000 million (54.7% decrease YoY), and net income of JPY 360,000 million (60.1% decrease YoY), indicating a significant decline in profitability.
Market Environment and Special Notes
Due to changes in the four-wheel electric vehicle (EV) market environment, decisions were made to discontinue development of EV models and reduce production volume. Consequently, losses were recorded amounting to JPY 142,416 million in cost of sales, JPY 8,935 million in selling, general and administrative expenses, and JPY 128,013 million in research and development expenses. These are included within the four-wheel segment.
Treasury Stock Cancellation
On February 10, 2026, the Board of Directors resolved to cancel 747,000,000 shares of treasury stock (14.1% of the total issued shares). The scheduled cancellation date is February 27, 2026, after which the total number of issued shares will be 4,533,000,000 shares.
