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Honda Motor ranks 4th in Rising Buy Forecasts Among Individual Investors ? Minkabu Survey
Honda Motor <7267> ranked fourth in "Rising Buy Forecasts" as of noon on the 9th, according to Minkabu's latest 48-hour individual investor predictions survey.
Honda Motor pulled back on the Tokyo Stock Exchange Prime Market on the 9th. On March 12th, the company announced that its consolidated net loss for the fiscal year ending March 2026 is expected to range between \420 billion and \690 billion, against a profit of \835.8 billion in the prior year. The loss is attributed to electric vehicle (EV)-related charges. In light of the deteriorating earnings outlook, the company also announced it would discontinue joint EV development with Sony Group <6758>. The dividend for the prior fiscal year is expected to be \70 per share, up from \68 the year before. While some market participants are concerned about a potential dividend cut, others view the stock as attractively valued at current levels, citing a dividend yield in the 5% range and a consolidated price-to-book ratio of approximately 0.4x.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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