TOKYO (AP) — Honda’s profit for the fiscal first quarter more than doubled from a year ago, as the Japanese automaker continues to tackle a turnaround from the first full year loss in its history.
Tokyo-based Honda Motor Co. said Wednesday its April-June profit totaled 456.9 billion yen ($2.9 billion), up from 196.6 billion yen for the same period a year ago.
Quarterly sales rose 13.5% to 6.06 trillion yen ($38 billion), as vehicles sold well in the U.S. and India, according to the maker of the Accord sedan, Fit subcompact and Super Cub motorcycle.
Honda previously recorded a 423.9 billion yen ($2.7 billion) loss for the fiscal year ended in March, acknowledging heavy costs for its electric-vehicle plans, which didn’t measure up to the original ambitions, partly because of U.S. President Donald Trump’s policies.
Analysts say many consumers weren’t ready to go electric. Honda has abandoned many of its plans for EV models.
The Trump administration has pulled back on incentive programs for EVs and withheld money to states wanting to add more EV charging stations, even as gas prices have soared over the war in Iran. Trump’s tariffs on imported autos and auto parts, lowered to 15% from the initial 25%, also worked to dent Honda’s profitability.
For the latest quarter, Honda’s motorcycle operations were highly lucrative with sales going strong in Brazil and India. Car sales grew in Japan and the U.S., while struggling in China.
Chief Financial Officer Masao Kawaguchi said Honda was working to offer the kinds of models that appeal to Chinese buyers, which are different from those in other markets.
“For that, we must fully utilize our resources in that market,” he told reporters.
That may still take another year or two, he added.
Kawaguchi said Honda’s overall first quarter results were very healthy, thanks partly to a favorable exchange rate.
Although the recent U.S.-Japan joint intervention has boosted the yen’s value somewhat, the U.S. dollar traded higher during the fiscal first quarter, compared with the previous year.
A cheap yen is a boon for Japanese exporters like Honda because it raises the value of its overseas earnings when translated into yen.
Honda is expecting a return to profit for this fiscal year and raised its profit forecast to 400 billion yen ($2.5 billion) from an earlier 260 billion yen ($1.6 billion).
All the Japanese automakers have been impacted by last week’s 7.1 magnitude earthquake in Kumamoto in southwestern Japan. Some production lines were temporarily halted and supply chains disrupted.
Like other Japanese companies, Honda is going on a summer break later this month. Officials said they’re hoping things will have returned to normal by the time they’re back at work, and the exact impact of the quake on vehicle production is still unclear.
Honda shares jumped 3.9% in Tokyo trading after the financial results were released.
Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama
Visitors examine a Honda Super-One EV during the Indonesia International Auto Show organized by the Association of Indonesian Automotive Industries (GAIKINDO) in Tangerang, Indonesia, Thursday, July 30, 2026. (AP Photo/Tatan Syuflana)
DENVER--(BUSINESS WIRE)--Sep 9, 2026--
Uniting Wealth Partners is pleased to announce that Ben R. McLintock, J.D., LL.M., CFP ®, CFRE ®, has joined the firm to lead its advanced planning efforts, strengthening the firm's ability to help clients navigate complex wealth, estate, tax, business succession and legacy planning needs.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260909609199/en/
McLintock brings extensive experience across wealth management, law, tax and estate planning, charitable giving and business succession. Most recently, he served as senior vice president and senior wealth advisor with Arvest Wealth Management, advising affluent and high-net-worth clients on complex financial, investment, tax, estate and asset-protection needs.
“Ben brings exactly the kind of multidisciplinary thinking we want at the center of advanced planning at Uniting Wealth Partners,” said Jay Hummel, managing partner. “The most important financial decisions our clients face rarely fit neatly into one category. They often involve the intersection of investments, taxes, estate planning, family dynamics, business interests and charitable goals. Ben has spent his career working at those intersections, and his ability to assist in turning complexity into clear, actionable strategies will be a tremendous resource for our clients and advisors.”
McLintock has more than two decades of experience working with affluent and high-net-worth clients and in tax and charitable gift planning. He has spent 15 years developing multi-generational legacy and asset-protection strategies and 11 years providing comprehensive planning recommendations to closely held businesses.
“Joining Uniting Wealth Partners is a tremendous opportunity to bring together the disciplines that have shaped my career and apply them in a deeply client-centered environment,” said McLintock. “Advanced planning starts with understanding what matters most to a family or business owner, identifying the issues that could stand in the way of those goals. I'm excited to help expand the resources Uniting Wealth Partners can bring to our clients and their families.”
McLintock holds a Juris Doctor from the University of Arkansas School of Law and an LL.M. in Taxation from the University of Alabama School of Law. He is an Arkansas-licensed attorney, a CERTIFIED FINANCIAL PLANNER™ professional and a Certified Fund Raising Executive (CFRE ® ).
His community involvement has included service on the board of directors for the Arkansas Community Foundation and longstanding involvement with the Northwest Arkansas Chapter of the Association of Fundraising Professionals. In November, he will receive the chapter's Ernie Lawrence Professional Advisor Award in recognition of his work helping clients pursue their charitable giving goals and promoting charitable giving in the community.
About Uniting Wealth Partners: Uniting Wealth Partners, (“UWP”) is a registered investment advisor (RIA) offering a differentiated model designed by and for advisors. Founded by industry professionals, UWP provides advisors with the support and resources needed to grow their practices, enhance enterprise value, and pursue succession planning on their terms. Learn more at unitingwealthpartners.com. UWP provides investment advisory and related services to clients nationwide and maintains all required registrations and licenses in the jurisdictions where it conducts business.
Ben McLintock, J.D., LL.M., CFP®, CFRE® to Lead Advanced Planning at Uniting Wealth Partners
