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Honda shares hit 2-month high

Honda shares hit a 2-month high on strong outlook despite annual loss. The company expects profitability by 2026-27.

Harper Clark
ByHarper Clark- Senior Editor
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Honda Motor shares rose 7.4% to 1,417.5 yen on Friday after the automaker's upbeat outlook for the current year.

The company reported its first annual loss in nearly 70 years on Thursday, but investors focused on its return to profitability forecast for the 2026-2027 fiscal year.

Honda pledged at least 800 billion yen ($5.05 billion) in shareholder returns over three years and maintained an annual dividend of 70 yen per share.

While car sales faced headwinds in the U.S. and China, its motorcycle business remained profitable, supporting cash flows.

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Honda shares hit 2-month high | Bond.az