Honda Motor raised its full-year profit forecast on November 10. While the lingering damage from its ill-timed bet on electric vehicles persists, demand in its motorcycle business and sales performance in the North American market remain bright spots. The company expects operating profit of 780 billion yen (US$4.9 billion) for the fiscal year ending March 2027, above its previous guidance of 650 billion yen but below analysts' expectation of 839 billion yen. Profit for the three months ended September 30 was 118 billion yen, far below the roughly 265 billion yen expected. Honda is under pressure to recover from misjudging the timing of EV demand growth—a bet that led to a 2.5 trillion yen writedown earlier this year. Julie Boote, an analyst at UK research firm Pelham Smithers Associates, said Honda has not yet accounted for all EV-related costs, which could weigh heavily on the remainder of the fiscal year.