Honda Motor Co.: How Is It Navigating The Market Dynamics in the U.S. & China? 

The latest earnings of Honda Motor Co. Ltd. and its financial results for the second quarter of the fiscal year 2024 paint a mixed picture. The company’s positive developments include high profits in motorcycle businesses and significant improvements in automotive businesses, particularly in North America. Operating profit increased to JPY 696.5 billion, and free cash flow reached JPY 732.9 billion, well exceeding the level last year-on-year. The executives also reported an upward revision of the forecasted sales revenue, operating profit, and profit for the period due to the improved profitability structures and foreign currency impact.