---
title: "Key facts: Honda ¥423.9B loss; cancels EV plans; global sourcing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286484077.md"
description: "Honda reported a net loss of ¥423.9 billion and an operating loss of ¥414.3 billion for FY Mar 2026, primarily due to ¥1.58 trillion in EV impairments and restructuring costs. Revenue increased by 0.5% to ¥21.80 trillion. The company has canceled several major EV projects, including three models in Ohio and an $11 billion Canadian EV/battery complex, and will shift focus to hybrids in North America starting in 2027. Honda will also implement global cost-competitive sourcing for parts from countries like India, China, and Japan."
datetime: "2026-05-15T00:15:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286484077.md)
  - [en](https://longbridge.com/en/news/286484077.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286484077.md)
---

# Key facts: Honda ¥423.9B loss; cancels EV plans; global sourcing

-   Honda ADR (7267) FY Mar 2026: net loss ¥423.9B, operating loss ¥414.3B driven by ¥1.58T EV impairments/restructuring. Revenue ¥21.80T (+0.5%). Quarterly loss ¥889.38B; dividend ¥70.123
-   Honda (7267) halted several major EV projects: canceled three Ohio EV models and an $11B Canadian EV/battery complex; ditched 2040 ICE phase-out and shifts to hybrids in North America from 2027.4
-   Honda (ADR: 7267) will adopt cost-competitive sourcing as a global standard, sourcing parts worldwide including India, China and Japan to boost procurement efficiency.5

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