Honda raised its full-year profit forecast, and its performance was mixed. Despite the impressive demand in the motorcycle business and sales performance in the North American market, the negative impact of the mistiming of the previous bet on electric vehicles continues. The Japanese car company said on Tuesday that it currently expects operating profit of 780 billion yen for the fiscal year ending March 2027, which is higher than the previous guideline of 650 billion yen, but lower than analysts' expectations of 839 billion yen. Profit for the three months ending September 30 was 118 billion yen, far below the estimated value of about 265 billion yen. Honda is under pressure and needs to recover from this investment that misjudged the increase in demand for electric vehicles. This investment caused 2.5 trillion yen asset impairment earlier this year. The company plans to take advantage of favorable exchange rates and strong demand for oil-electric hybrid models in the US market; its passenger car business is in trouble, dragging down the booming motorcycle sector.

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