Key facts: Honda warns ¥2.5T hit, ¥630B loss; trails Chinese EVs
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Honda Motor (7267) warns of a potential ¥2.5 trillion impact and forecasts a fiscal-year net loss of up to ¥630 billion due to an unspecified decision. The company is falling behind Chinese EV competitors in software, having sold approximately 17,000 BEVs in China last year, which is about 2.5% of total sales. The future direction of Sony Honda Mobility is still under review.
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