TOKYO (AP) Hondas profit for the fiscal year through March slipped 24.5% from the previous year, as its vehicle sales in China dropped, and the Japanese automaker warned Tuesday that President Donald Trumps tariffs will worsen its earnings.
Tokyo-based Honda Motor Co., which dropped talks to integrate its business with Japanese rival Nissan Motor Corp. earlier this year , said its annual profit totaled 835.8 billion yen ($5.6 billion), down from 1.1 trillion yen in the previous fiscal year.
Annual sales edged up 6.2% to nearly 21.69 trillion yen ($147 billion).
Research and development costs hurt, despite Hondas record global motorcycle sales for the fiscal year, which topped 21 million motorcycles.
Hybrid vehicle sales also did well, especially in the U.S., and Hondas profitability per vehicle was also improving, according to the maker of the Accord sedan and CR-V sports-utility vehicle.
Executive Vice President Noriya Kaihara acknowledged that Trumps tariffs were likely to hurt, erasing 650 billion yen ($4.4 billion) from its operating profit for the fiscal year through March 2026. Thats mainly because of U.S. tariffs on vehicles from Canada and Mexico. Hondas vehicle shipments from Japan to the U.S. are negligible.
Officials stressed major uncertainties remain, but said they felt it was important to give a realistic projection, no matter how pessimistic it might be.
Chief Executive Toshihiro Mibe said Honda will do its best to minimize the impact from tariffs. In the long term, Honda will transfer auto production to U.S. plants and rethink its investment plans. All decisions will be made very carefully, Mibe told reporters.
He also said Honda was sticking to its plans to produce more electric vehicles.
Various automakers have said they are baffled by Trumps opposition to EVs and his tariffs, and some companies are trimming back their ambitious electrification plans.
Honda is projecting a 70% nose-dive in profit for the fiscal year through March 2026, at 250 billion yen ($1.7 billion), on 20.3 trillion yen ($137 billion) in sales, down 6%.
Honda and Nissan announced in December they were going to hold talks to set up a joint holding company. Mitsubishi Motors Corp., another Japanese automaker, had said it was considering joining that group. But the plans quickly unraveled, with Nissan saying it wanted out because it would be at a disadvantage.
Nissan, which has slipped into red ink lately, reports financial results later Tuesday.
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Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama
东京（美联社）——本田汽车公司截至三月的财年利润比前一年下滑了24.5%，原因是其在中国市场的汽车销量下降，这家日本汽车制造商周二发出警告，称唐纳德·特朗普总统的关税将恶化其收益。
总部位于东京的Honda Motor Co.今年早些时候放弃了与日本竞争对手Nissan Motor Corp.整合业务的谈判，并公布其年度利润总额为8358亿日元（约合56亿美元），相比前一个财年的1.1万亿日元有所下降。
年度销售额微增6.2%，达到近21.69万亿日元（约合1470亿美元）。
尽管本田在财年内的全球摩托车销量创下纪录，达到2100万辆，但研发成本仍是一个负担。
混合动力车的销售也表现良好，尤其是在美国，同时本田汽车公司（Honda）每辆车的盈利能力也在提升，这根据雅阁（Accord）轿车和CR-V运动型多功能车制造商的数据显示。
本田执行副总裁Noriya Kaihara承认，特朗普的关税很可能会造成伤害，预计将导致2026年3月结束的财年营业利润减少6500亿日元（约合44亿美元），这主要是因为美国对加拿大和墨西哥的汽车征收了关税。本田从日本运往美国的汽车量微乎其微。
官员们强调，尽管仍存在重大不确定性，但他们认为提供现实预测非常重要，无论预测可能多么悲观。
本田公司首席执行官Toshihiro Mibe表示，本田将尽最大努力减少关税带来的影响。从长远来看，本田将把汽车生产转移到美国工厂，并重新考虑其投资计划。Mibe向记者表示，所有决策都将‘非常谨慎地’做出。
他还表示，本田公司仍坚持其生产更多电动汽车的计划。
多家汽车制造商表示，他们对于特朗普反对电动汽车及其关税的行为感到困惑，一些公司正在减少其雄心勃勃的电气化计划。
本田公司预计，截至2026年3月的财年，其利润将暴跌70%，降至2500亿日元（约合17亿美元），而销售额将达到20.3万亿日元（约合1370亿美元），同比下降6%。
12月，本田和日产宣布将进行会谈，以设立一家合资控股公司。另一家日本汽车制造商三菱汽车公司表示正在考虑加入该集团。但计划很快瓦解，日产表示要退出，因为它将处于不利地位。
日产汽车（Nissan）最近陷入赤字，将于周二晚些时候公布财务成果。
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