HondaHONDA MOTOR CO., LTD.7267東証プライム輸送用機器FY ending Mar 2026, consolidated, IFRS

Honda FY ending Mar 2026 results

About 64% of Honda's sales come from Automobile business, with Motorcycle business and Financial services business making up much of the rest.

It lost about ¥2 for every ¥100 of sales at the operating level.

Revenue changed +0.5% from the prior year, operating profit -134.1%.

Revenue and profit pattern

Turned to a loss

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+0.5%¥21.7T → ¥21.8T
Gross profit
-22.7%¥4.66T → ¥3.6T
Operating income
-134.1%¥1.21T → -¥414.3B
Net income attributable to owners
-150.7%¥835.8B → -¥423.9B
Operating cash flow
+288.6%¥292.2B → ¥1.14T
Free cash flow
Back to profit-¥218.7B → ¥523.2B

Results at a glance

  • Revenue for FY ending Mar 2026 was ¥21.8T, almost flat from ¥21.7T (+0.5%).
  • Operating income swung from ¥1.21T to -¥414.3B, and net income attributable to owners fell from ¥835.8B to -¥423.9B.
  • Cash flow moved the other way: operating cash flow rose from ¥292.2B to ¥1.14T, and free cash flow turned positive at ¥523.2B after -¥218.7B the year before.

What drove the change

  • The car business booked losses from cancelling some EV models and cutting EV production.
  • US tariffs squeezed profit on gasoline and hybrid cars.
  • Motorcycle sales volumes rose in markets such as India and Brazil, lifting both revenue and profit in that business.

Things to watch

  • Honda says the EV plan review could bring more costs or losses in coming years.
  • Shifting tariffs and export rules, plus higher material prices linked to the Middle East situation, are expected to weigh on results.
  • Parts supply is uncertain, including China's rare earth export controls and shortages of chips and memory.

Annual Securities Report (102nd term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (102nd term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Honda sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥84
SG&A
¥11
Other costs
¥7
Operating loss
¥2
Net loss
¥2

Annual margin trends

Gross margin16.5%
FY ending Mar 2021: 20.7%20.7%FY ending Mar 2022: 20.5%20.5%FY ending Mar 2023: 19.7%19.7%FY ending Mar 2024: 21.6%21.6%FY ending Mar 2025: 21.5%21.5%FY ending Mar 2026: 16.5%16.5%FY21FY22FY23FY24FY25FY26
Operating margin-1.9%
FY ending Mar 2021: 5.0%5.0%FY ending Mar 2022: 6.0%6.0%FY ending Mar 2023: 4.6%4.6%FY ending Mar 2024: 6.8%6.8%FY ending Mar 2025: 5.6%5.6%FY ending Mar 2026: -1.9%-1.9%FY21FY22FY23FY24FY25FY26
Net margin-1.9%
FY ending Mar 2021: 5.0%5.0%FY ending Mar 2022: 4.9%4.9%FY ending Mar 2023: 3.9%3.9%FY ending Mar 2024: 5.4%5.4%FY ending Mar 2025: 3.9%3.9%FY ending Mar 2026: -1.9%-1.9%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (10)
  • EDINET (FSA Japan)

    有価証券報告書-第102期(2025/04/01-2026/03/31)

    ID S100YDD92026-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第101期(2024/04/01-2025/03/31)

    ID S100VYOD2025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第100期(2023/04/01-2024/03/31)

    ID S100TNE02024-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第99期(2022/04/01-2023/03/31)

    ID S100R1U92023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第98期(令和3年4月1日-令和4年3月31日)

    ID S100OBEJ2022-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第97期(令和2年4月1日-令和3年3月31日)

    ID S100LLW52021-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第96期(平成31年4月1日-令和2年3月31日)

    ID S100IT9V2020-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第95期(平成30年4月1日-平成31年3月31日)

    ID S100G0M92019-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第94期(平成29年4月1日-平成30年3月31日)

    ID S100D7P72018-06-20Open
  • EDINET (FSA Japan)

    有価証券報告書-第93期(2016/04/01-2017/03/31)

    ID S100AF0S2017-06-22Open

Extracted from XBRL: 39 / Derived from other figures: 2

Spotted an error? Report it (corrections keep the original record)

Other periods

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.