# Honda vs Toyota

> Unit: JPY millions (ratios in %)
> Periods: Honda = FY ending Mar 2026, consolidated, IFRS / Toyota = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T19:15:30.856Z

| Metric | Honda | Toyota |
| --- | ---: | ---: |
| Revenue | 21,796,610 | 50,684,952 |
| Operating income | -414,346 | 3,766,216 |
| Net income | -423,941 | 3,848,098 |
| COGS ratio | 83.5% | 77.2% |
| Operating margin | -1.9% | 7.4% |
| Net margin | -1.9% | 7.6% |
| FCF margin | 2.4% | 6.6% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YDD9 | S100Y8NY |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Honda | Toyota |
| --- | ---: | ---: |
| Revenue growth | 35.7 (7 peers) | 78.6 (7 peers) |
| Profitability | 6.3 (8 peers) | 81.3 (8 peers) |
| Cash conversion | — | 50 (7 peers) |
| Efficiency | 31.3 (8 peers) | 6.3 (8 peers) |
| Financial strength | — | 16.7 (3 peers) |

## Company details

- https://vizora.meequs.com/en/company/honda-motor/md
- https://vizora.meequs.com/en/company/toyota-motor/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).