Honda Motor Co., Ltd.·Consumer Cyclical

Leading New York dealership group becomes first Honda and Acura retailer in the U.S. to deploy Curbee's mobile service platform – moving dealership-certified maintenance and repair directly to customer's driveways Leading New York dealership group becomes first Honda and Acura retailer in the U.S. to deploy Curbee's mobile service platform – moving dealership-certified maintenance and repair directly to customer's driveways

KOBE, Japan, May 21, 2026 (GLOBE NEWSWIRE) -- Micware Co., Ltd., (Nasdaq: MWC) (the “Company” or “Micware”), a Japan-based provider of software development services and innovative IT solutions mainly focused on the automotive and mobility sectors, today announced that it has received an “Excellent Appreciation Award (Development Division)” from Honda Motor Co., Ltd.

Honda posted a full-year loss for the first time since going public in 1957. The automaker is pivoting to hybrids and walking back ambitious climate initiatives.

Honda Motor Co., Ltd. faces a humbling annual loss and a strategic pivot from BEVs to hybrids amid weak demand and regulatory uncertainty. HMC will introduce 15 gas-electric hybrid models over four years, localizing U.S. hybrid component sourcing to improve profitability and reduce tariffs. Management forecasts a return to operating profitability by March 2025 and a record $8.8B operating profit in FY2029, following a $2.6B FY2026 loss.

HMC posts a wider Q4 loss, but tops estimates as revenues rise Y/Y and motorcycle and financial services sales gain.

Honda's latest results paint a sharply weaker picture of the company's performance, with both operating and net income slipping into loss for the first time in decades. The company reported an operating loss of ¥414.3 billion and a net loss of ¥423.9 billion for the year ended March 2026, its first annual loss since it was founded in 1948.
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life Creation and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Life Creation and Other Businesses segment manufactures and sells power products, such as general purpose engines, generators, water pumps, lawn mowers, riding mowers, robotic mowers, brush cutters, tillers, snow blowers, outboard marine engines, walking assist devices, and portable battery inverter power sources. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Consumer Cyclical
Auto - Manufacturers
194,993
1980-03-17
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