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Executive Vice President Noriya Kaihara acknowledged that Trump’s tariffs were likely to hurt, erasing 650 billion yen ($4.4 billion) from its operating profit for the fiscal year through March 2026.
Brittany Murray—MediaNews Group/Long Beach Press-Telegram via Getty Images
https://fortune.com/img-assets/wp-content/uploads/2025/05/GettyImages-1471045121.jpg?resize=1200,600
https://fortune.com/asia/2025/05/13/honda-projects-70-annual-profit-nose-dive-2026-trump-tariffs/
Yuri Kageyama, The Associated Press
