The Japanese automaker said fiscal-year electric-vehicle losses reached 1.579 trillion yen, contributing to an operating loss of 414.3 billion yen for the year ended March 2026.
Honda said it posted its first annual loss in nearly 70 years after electric-vehicle-related losses totaled 1.579 trillion yen ($10 billion) in the fiscal year ended March 2026. The company said those costs contributed to an operating profit loss of 414.3 billion yen ($2.625 billion). The figures underscore how large automakers can face heavy near-term financial pressure from electric-vehicle investment, including spending tied to production, supply chains, and model development.