Honda Motor (NYSE: HMC) counters Nikkei report on FY2026 operating loss outlook

Rhea-AI Filing Summary

Honda Motor Co., Ltd. addresses media coverage about its upcoming results and clarifies expectations for the fiscal year ending March 31, 2026. A Nikkei online article reported a consolidated operating loss of about 400.0 billion yen, but Honda states it has made no announcement on this figure. The company expects its consolidated operating loss to remain within the full-year consolidated earnings forecast announced on March 12, 2026, reflecting factors such as losses tied to reassessing its automobile electrification strategy. Honda notes that results are still being confirmed and are scheduled for announcement on May 14, 2026.

Insights

Equity analyst

Honda confirms a sizable loss is likely but within prior guidance, tied partly to its EV strategy reassessment.

Honda Motor responds to a Nikkei report suggesting a consolidated operating loss of about 400.0 billion yen for the year ending March 31, 2026. Honda clarifies it has not disclosed that specific figure, but does expect a consolidated operating loss.

The loss is expected to fall within the full-year consolidated earnings forecast announced on March 12, 2026. Management cites losses related to reassessing its automobile electrification strategy as one driver, indicating that strategic adjustments in EV plans are already carrying financial consequences.

The company states that results are still under confirmation and will be announced on May 14, 2026. Subsequent disclosures around that date will show the exact scale of the loss and how it aligns with Honda’s updated approach to electrification.

Key Figures

Reported operating loss figure (media): 400.0 billion yen Fiscal year end: March 31, 2026 Forecast announcement date: March 12, 2026 +1 more

4 metrics

Reported operating loss figure (media) 400.0 billion yen Consolidated operating loss for year ending March 31, 2026 as reported by Nikkei, not by Honda

Fiscal year end March 31, 2026 End of fiscal year for the expected consolidated operating loss

Forecast announcement date March 12, 2026 Date Honda announced the full-year consolidated earnings forecast range

Results announcement date May 14, 2026 Scheduled date for Honda to announce full-year results

Key Terms

consolidated operating loss, full-year consolidated earnings forecast, reassessment of automobile electrification strategy

3 terms

consolidated operating loss financial

"Honda’s consolidated operating loss for the fiscal year ending March 31, 2026 is expected to fall within the range"

full-year consolidated earnings forecast financial

"expected to fall within the range of the full-year consolidated earnings forecast announced on March 12, 2026"

reassessment of automobile electrification strategy financial

"due to factors such as losses associated with the reassessment of automobile electrification strategy"

Form 6-K: How Foreign Companies Report to the SEC →

No.1-7628

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF MAY 2026

COMMISSION FILE NUMBER: 1-07628

HONDA GIKEN KOGYO KABUSHIKI KAISHA

(Name of registrant)

HONDA MOTOR CO., LTD.

(Translation of registrant’s name into English)

2-3, Toranomon 2-chome, Minato-ku, Tokyo 105-8404, Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  *  Form 40-F    

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):    

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):    

Contents

Exhibit 1:

Regarding Media Reports concerning Honda’s Business Performance

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HONDA GIKEN KOGYO KABUSHIKI KAISHA (HONDA MOTOR CO., LTD.)

/s/ Koji Ito

Koji Ito

General Manager

Finance Division

Honda Motor Co., Ltd.

Date: May 8, 2026

[Translation]

May 8, 2026

To Whom It May Concern:

Company Name:		Honda Motor Co., Ltd.
Representative:		Toshihiro Mibe
		Director, President and Representative Executive Officer
		(Securities Code: 7267 Prime Market, TSE)
Contact Person:		Sumihiro Takahashi
		Head of Accounting and Finance Unit
		(TEL: +81-3-3423-1111)

Regarding Media Reports concerning Honda’s Business Performance

It was reported in the Nikkei online edition on May 8, 2026, that Honda’s consolidated operating loss for the fiscal year ending March 31, 2026 would be approximately in the range of 400.0 billion yen. However, our company has not made any announcement concerning this matter.

Honda’s consolidated operating loss for the fiscal year ending March 31, 2026 is expected to fall within the range of the full-year consolidated earnings forecast announced on March 12, 2026, due to factors such as losses associated with the reassessment of automobile electrification strategy. However, it is currently under confirmation and is scheduled to be announced on May 14, 2026.

- End -

FAQ

What did Honda Motor Co., Ltd. say about the Nikkei report on its 2026 operating loss (HMC)?

Honda stated that, although Nikkei reported a consolidated operating loss of about 400.0 billion yen, the company has made no announcement of that figure. It emphasized that the reported amount does not come from an official Honda disclosure and results are still being confirmed.

Is Honda expecting a consolidated operating loss for the fiscal year ending March 31, 2026 (HMC)?

Yes. Honda expects a consolidated operating loss for the fiscal year ending March 31, 2026. It explains that this loss should fall within the full-year consolidated earnings forecast announced on March 12, 2026, reflecting previously communicated expectations rather than a new outlook.

What factors are contributing to Honda’s expected operating loss for FY ending March 31, 2026 (HMC)?

Honda cites losses associated with a reassessment of its automobile electrification strategy as one factor behind the expected consolidated operating loss. This indicates that revisiting and adjusting its electrification plans is having a direct financial impact on results for the referenced fiscal year.

When will Honda announce its actual results for the fiscal year ending March 31, 2026 (HMC)?

Honda plans to announce its consolidated results for the fiscal year ending March 31, 2026 on May 14, 2026. The company notes that figures are still under confirmation and the scheduled announcement date will provide the finalized operating loss amount.

How does Honda’s guidance relate to the reported 400.0 billion yen loss figure (HMC)?

Honda explains that its expected consolidated operating loss should remain within the range of the full-year consolidated earnings forecast issued on March 12, 2026. While Nikkei mentioned about 400.0 billion yen, Honda only confirms alignment with its previously announced forecast range.