Honda Motor Company, Ltd. (HMC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

I thank you very much for taking time out of your busy schedule to attend our briefing today. We would now like to start Honda Motor Company Limited's financial results briefing for second quarter of fiscal year to March 26. First of all, allow me to introduce the attendees today. Director, Executive Vice President, and Representative Executive Officer, Mr. Noriya Kaihara. Good to see you. Director, Managing Executive Officer, Mr. Eiji Fujimura. Good to see you everyone. Operating Executive, Head of Accounting and Finance Unit, Mr. Masao Kawaguchi. Good to see you everyone. Mr. Kaihara will first present the financial results of second quarter ended September 30 of 25 and forecast of consolidated results for the fiscal year ending in March 26. Then, Mr. Fujimura will present the details. Over to you, Mr. Kaihara. I thank you very much for your continued support for Hondo's activities. I would like to present to you the financial results for the second quarter of financial year to March 26. I'd like to start with the highlights of the financial results. Our operating profit for the second quarter of the year to March 26 came to 438.1 billion yen. Motorcycle operations saw unit sales decline in Vietnam, but global sales trended solidly and strongly, led by Brazil. For results up to second quarter, we've attained the record high unit sales, operating profit, and operating margin. In automobile operations, though there was some positive profit impact due to price revisions, we saw a decline in profit due to impact from tariffs and one-time expenses related to EV. Operating cash flow after R&D adjustment, which indicates the resource available for future investment, came to 1,281.3 billion yen on a par with the same period last year. The forecast for the consolidated resu...