Honda unveiled its financial report on August 6, revealing an operating profit of 244.17 billion yen for the first quarter, falling short of the anticipated 309.65 billion yen. The net profit stood at 196.67 billion yen, marking a year-on-year decline of 50.2%. Looking ahead, Honda projects its full-year operating profit to surge to 700 billion yen, an upward revision from the previous estimate of 500 billion yen. However, this projection still falls below market expectations of 896.24 billion yen.