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Honda forecasts 70% net profit drop citing 'tariff impact'Mibe said Honda would examine the impact of US tariffs on supply chains and "carefully ... logged net profit of 835 billion yen in the past financial year, a drop of almost 25 percent on-year ...
Honda chief executive officer Toshihiro Mibe statement reported by Bloomberg: “The impact of tariff policies in various ... in calculating the financial toll of Trump's trade policies.
Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to ...
Free cash flow also took a hit, dropping to ¥665.8 billion from a much healthier ¥747 billion last year (excluding financial ... To mitigate the impact of U.S. tariffs, Honda is rolling out ...
Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial ... profit from tariffs in various countries, of which 300 billion yen was due to their impact on imports ...
“Honda of Canada Mfg, which has been building the CR-V since 2011, will continue to produce the model as part of this realignment,” it said in a statement. “Importantly, this change will not impact ...
“Tariff impact and recovery ... told reporters Tuesday. Honda, Japan’s second-biggest automaker after Toyota, logged net profit of 835 billion yen in the past financial year, a drop of almost ...
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