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Honda Motor Co., Ltd. and Sony Group Corporation announced a review of Sony Honda Mobility Inc.'s business direction, including discontinuation of development and launch of AFEELA1 and its second model, due to Honda's EV strategy reassessment. Honda expects immaterial impact on its FY ending March 31, 2026 consolidated financial forecasts, previously revised downward on March 12, 2026, to reflect expected losses of 820.0-1,120.0 billion yen in operating costs and 110.0-150.0 billion yen in equity method losses.
Event Type
Disclosure
Voluntary
Variant
6-K
Current Report on Form 6-K
| Metric | Value | Basis |
|---|---|---|
| Sales revenue | $21.7M | |
| Operating profit | $1.2M | |
| Profit before income taxes | $1.3M | |
| Profit for the year | $903.0K | |
| Profit for the year attributable to owners of the parent | $835.8K | |
| Basic earnings per share attributable to owners of the parent | $178.93 |
Sales revenue
$21.1M
Operating profit
—
Profit before income taxes
—
Profit for the year
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Profit for the year attributable to owners of the parent
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Basic earnings per share attributable to owners of the parent
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