(Update) Honda Projects 70 Pct Drop in FY 2025 Net Profit

Tokyo, May 13 (Jiji Press)--Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70.1 pct from the previous year to 250 billion yen.
The major Japanese automaker expects its fiscal 2025 operating profit to be dragged down by 650 billion yen due to the effects of the high tariff policy of the administration of U.S. President Donald Trump. It also views the appreciation of the yen as a damper on its earnings.
(2025/05/13-19:49)