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Honda Q1 Operating Profit Jumps 117% YoY, Forecast Raised

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Honda reported Q1 FY2027 operating profit of 530.7B yen, up 117% YoY, with revenue rising 13.5% to 6 trillion yen as vehicle sales reached 708,000 units. North America volumes grew 4%, while Asia sales fell 37% to 127,000. The company lifted its operating profit forecast by 150B yen to 650B yen and said it booked zero EV-related losses in Q1 after a 122B yen loss a year earlier.

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