Honda Motor Company, Ltd. (HMC) Q3 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 third quarter of fiscal year to March 26. First of all, allow me to introduce the attendees today. Mr. Noriya Karihara, Director, Executive Vice President, and Representative Executive Officer. Good to see you, everyone. We have Mr. Eiji Fujimura, Director, Managing Executive Officer. Thank you. And Mr. Masao Kawaguchi, Operating Executive, Head of Accounting and Finance Unit. This is Kawaguchi. Good to see you, everyone. Mr. Kaihara will first present the financial results of third quarter ended December 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. Thank you. 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 third quarter of fiscal year to March 2026. I would like to start with the highlights of the financial results. Our operating profit for the third quarter of the year to March 2026 was 591.5 billion yen. Motorcycle operations saw solid global unit sales led by India and Brazil. And in addition, the restriction on ICE vehicles in Vietnam, which was a concern, had only limited impact to sales compared to our assumption. For results up to third quarter, we've attained the record high unit sales, operating profit and operating margin. Automobile operations saw declines in profit due to non-recurring expenses related to EV in addition to impact from tariffs. Operating cash flow after R&D adjustment, which indicates the resource available for future investments, came to 1,855.8 billion yen. generating...