Honda Motor Co., Ltd. · TSE:7267
Honda Motor — Q1 2027 Earnings Presentation
29 slides from Honda Motor's earnings presentation, Aug 5, 2026
Slide 1: Fiscal First Quarter 2026 Financial Results
Fiscal First Quarter Ended June 30, 2026 Financial Results August 5, 2026
Slide 2: Operating status of our major production sites
Operating status of our major production sites following the 2026 Kumamoto Earthquake As of August 5, 2026 Production Factory Business Operating status Suspension Schedule Days • Production suspended from the Kumamoto evening of July 28 through August 7 Motorcycle 9 days Factory (Operations resumed
Slide 3: Summary
Summary Fiscal Q1 Ended June 30, 2026 Fiscal Year Ending March 31, 2027 Financial Foundation / Shareholder Return Financial Results Financial Forecast Operating Profit 530.7 billion yen Operating Profit Forecast Cash Flows of Non-Financial Services Businesses (YoY + 117.4%) Uncertainty surrounding t
Slide 4: Fiscal First Quarter 2026 Financial Results
Fiscal First Quarter Ended June 30, 2026 Financial Results
Slide 5: Three Months 2026: Honda Unit Sales
Three Months Ended June 30, 2026: Honda Unit Sales Unit (thousand) Motorcycles Automobiles Power Products Honda Three Months Ended June 30 Three Months Ended June 30 Three Months Ended June 30 Group Unit Sales 2025 2026 Change 2025 2026 Change 2025 2026 Change Japan 59 38 - 21 124 139 + 15 62 62 -0
Slide 6: Fiscal First Quarter 2026: Consolidated Financial Results
Fiscal First Quarter Ended June 30, 2026: Consolidated Financial Results Three Months Ended June 30 Yen (billion) 2025 2026 Amount Change Sales revenue 5,340.2 6,061.5 + 721.2 + 13.5% Operating profit ① 244.1 530.7 + 286.5 + 117.4% Operating margin 4.6% 8.8% + 4.2pt Share of profit (loss) of investm
Slide 7: Three Months 2026: Change in Operating Profit
Three Months Ended June 30, 2026: Change in Operating Profit Yen (billion) Operating Profit + 164.5 (+ 44.9％) + 78.1 530.7 Adjusted + 90.8 Operating 366.1 - 6.1 - 3.3 + 6.7 - 1.7 Profit Tariff impacts Sales impacts*1 Price/Cost Expenses*3 R&D Foreign currency impacts*2 effects*4 Operating Operating
Slide 8: Sales Revenue/Operating Profit by Business Segment
Three Months Ended June 30, 2026: Sales Revenue/Operating Profit (Margin) by Business Segment upper: Three Months Ended June 30, 2026 Motorcycle Automobile Financial Services Power Products and lower: Three Months Ended Business Business Business Other Businesses June 30, 2025 Unit (thousand) 5,663
Slide 9: Change in Operating Profit for Motorcycle Business
Three Months Ended June 30, 2026: Change in Operating Profit for Motorcycle Business Operating profit increased mainly due to higher sales volume in India and Brazil, achieving record-high quarterly operating profit and operating margin. Yen (billion) Operating Profit + 44.9 ( + 23.8 ％ ) + 28.5 - 1.
Slide 10: Change in Operating Profit for Automobile Business
Three Months Ended June 30, 2026: Change in Operating Profit for Automobile Business Despite factors including the impact of rising material costs, operating profit increased mainly due to higher sales volume, favorable foreign exchange effects and tariff impacts. Yen (billion) Operating Profit + 99
Slide 11: Cash Flows of Non-Financial Services Businesses
Cash Flows of Non-Financial Services Businesses Yen (billion) Three Months Ended Three Months Ended June 30, 2025 June 30, 2026 Cash flows from operating activities + 390.0 + 529.1 Cash flows from investing activities - 95.9 - 400.8 Free cash flow + 294.0 + 128.3 Cash flows from financing activities
Slide 12: Fiscal Year Ending March 31, 2027 Financial Forecast
Fiscal Year Ending March 31, 2027 Financial Forecast
Slide 13: Forecast for 2027: Honda Unit Sales
Forecast for FYE March 31, 2027: Honda Unit Sales No change has been made from the previous forecast Unit (thousand) Motorcycles Automobiles Power Products FYE March 31, FYE March 31, FYE March 31, FYE March 31, FYE March 31, FYE March 31, Honda 2027 2027 2027 2027 2027 2027 Group Change Change Chan
Slide 14: Consolidated Financial Forecast for 2027
Consolidated Financial Forecast for FYE March 31, 2027 FYE March 31, 2026 FYE March 31, 2027 Change from Results Revised forecast Amount Change previous forecast Yen (billion) Sales revenue 21,796.6 24,150.0 + 2,353.3 + 10.8% + 1,000.0 Operating profit ① - 414.3 650.0 + 1,064.3 ― + 150.0 Operating m
Slide 15: Forecast for 2027: Change in Operating Profit
Forecast for FYE March 31, 2027: Change in Operating Profit Yen (billion) Operating Profit + 170.0 (+ 17.0％) Adjusted + 170.0 ― 1,170.0 Operating 1,000.0 Profit ― ― ― ― Tariff impacts Sales impacts*1 Price/Cost Expenses*3 R&D Foreign currency impacts*2 effects*4 Operating Operating Margin Margin 4.3
Slide 16: Forecast for 2027: Change in Operating Profit
Forecast for FYE March 31, 2027: Change in Operating Profit Yen (billion) Operating Profit + 130.6 (+ 12.6％) + 266.7 - 313.0 Adjusted + 147.0 1,170.0 Operating 1,039.3 - 8.0 + 10.0 + 28.0 Profit Sales impacts*1 R&D Foreign currency Tariff impacts Price/Cost Expenses*3 impacts*2 effects*4 Operating O
Slide 17: Capital Expenditures/Depreciation and Amortization/R&D Expenditures
Forecast for FYE March 31, 2027: Capital Expenditures/Depreciation and Amortization/R&D Expenditures FYE March 31, 2026 FYE March 31, 2027 Change from Change Results Revised forecast previous forecast Yen (billion) Capital expenditures*1 751.3 1,280.0 + 528.6 + 30.0 Depreciation and amortization*1 4
Slide 18: Dividends
Dividends We will strive to achieve dividends with a target of DOE*1 3.0% FYE March 31, 2027 Dividend per Share (forecast) 70 Yen (No change has been made from the previous forecast) Historical Dividend per share (Yen)*2 70 (70)* 3 68 68 More Stable and Continuous Dividend per Share (Yen) Shareholde
Slide 19: Caution with Respect to Forward-Looking Statements
Caution with Respect to Forward-Looking Statements: This slide contains forward-looking statements about the performance of Honda, which are based on management’s assumptions and beliefs taking into account information currently available to it. Therefore, please be advised that Honda’s actual resul
Slide 20: HONDA | How we move you.
HONDA | Howwe move you. The Power of Dreams CREATE » TRANSCEND, AUGMENT
Slide 21: Appendix
HONDA Appendix
Slide 22: Change in Sales Revenue
Change in Sales Revenue (sales revenue from external customers） Compared with Three Months Ended June 30, 2025: + 721.2 billion yen / + 13.5 % Three Months (Excluding foreign currency translation effects: + 195.4 billion yen / + 3.7 %) FYE March 31, FYE March 31, Change Sales Revenue Yen (billion) 2
Slide 23: Sales Revenue/Operating Profit by Geographical Segment
Fiscal First Quarter Ended June 30, 2026: Sales Revenue/Operating Profit by Geographical Segment Yen (billion) Japan North America Europe Asia Other Regions Three Months 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 Sales 1,300.9 1,373.6 3,366.5 3,782.2 237.2 251.5 1,085.6 1,244.9 315.6 459.8 Re
Slide 24: Capital Expenditures/Depreciation and Amortization/R&D Expenditures
Fiscal First Quarter Ended June 30, 2026: Capital Expenditures/Depreciation and Amortization/R&D Expenditures Three Months Ended June 30 2025 2026 Change Results Results Yen (billion) Capital expenditures 90.9 606.2 + 515.2 Depreciation and amortization 107.0 102.9 - 4.1 Research and development exp
Slide 25: Consolidated Statements of Financial Position
Three Months Ended June 30, 2026: Consolidated Statements of Financial Position Divided into Non-financial Services Businesses and Finance Subsidiaries Yen (billion) FYE March 31, Q1 Ended FYE March 31, Q1 Ended Assets Liabilities and Equity 2026 June 30, 2026 2026 June 30, 2026 Cash and cash equiva
Slide 26: Sales Revenue/Operating Profit by Business Segment
Sales Revenue/Operating Profit by Business Segment Yen(billion) QTD FYE March 31, 2026 FYE March 31, 2027 Change Change Segment Information Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 (%) Sales Revenue Motorcycle Business 951.5 969.1 1,012.9 1,085.1 1,141.1 + 189.5 + 19.9% Automobile Business 3,543.9 3,456.3 3,434.5 3,
Slide 27: Honda Group Unit Sales/Consolidated Unit Sales
Honda Group Unit Sales/Consolidated Unit Sales Unit (thousand) QTD Forecast FYE March 31, 2026 FYE March 31, 2027 Honda Group FYE March 31, FYE March 31, Change Unit Sales 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2026 2027 Change Results Forecast Motorcycles 5,143 5,620 5,677 5,661 5,663 + 520 22,101 22,800 + 699 Ja
Slide 28: Electrified Automobile Retail Sales per Power Trains
Electrified Automobile Retail Sales per Power Trains Unit (thousand) QTD YTD FYE March 31, 2026 FYE March 31, 2027 Electrified Change FYE March 31, Automobile 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2026 Retail Sales* Results Global HEV 225 229 230 245 249 + 24 929 PHEV 3 3 2 3 1 -2 11 EV 18 32 15 9 14 -4 73 FCEV 0
Slide 29: Honda's Proprietary Metrics
Honda's Proprietary Metrics 【Adjusted profit】 Operating profit excluding one-time special factors, such as losses resulting from the review of our automobile electrification strategy Adjusted operating profit＝Operating profit ー EV-related losses 【EV-related losses】 Yen (billion) FYE March 31, FYE Ma