Honda Motor Co.: How Is It Adapting To The Shifting Global Vehicle Mix & Regional Market Dynamics?

Honda Motor Co., Ltd.’s financial performance in the first quarter of FY 2025 presented a complex picture with both strengths and challenges noted. On the positive side, Honda achieved its highest ever quarterly operating profit of JPY 484.7 billion, up JPY 90.2 billion year-over-year, translating into a robust operating profit margin of 9%. The growth was largely driven by an increase in unit sales in the Motorcycle Business, particularly in India and Brazil, and a strong performance in the Automobile Business, especially with hybrid models in Japan and the U.S.