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    Narahashi

    Research Analyst at The Yomiuri Shimbun

    I was unable to locate a verified LinkedIn profile or detailed professional background for an analyst named Narahashi at The Yomiuri Shimbun. There is no evidence of a person by this name currently or previously serving in a senior analytical capacity at that publication, nor are there available records of sector or company coverage, investment performance metrics, industry rankings, prior career history, or financial credentials. As such, specific information on Narahashi’s title, areas of expertise, track record, and professional achievements could not be confirmed.

    Narahashi's questions to HONDA MOTOR CO (HMC) leadership

    Narahashi's questions to HONDA MOTOR CO (HMC) leadership • Q1 2026

    Question

    Mr. Narahashi from Yomiuri Newspapers asked about the effective tariff rate on vehicles from Mexico and Canada after exemptions, the reasons for sales declines in Asia and Europe, and when the automobile division last posted a quarterly operating loss.

    Answer

    Eiji Fujimura, CFO, stated the last automotive operating loss was in fiscal year 2020 due to the pandemic. Regarding tariffs, he explained that a detailed review of USMCA rules has significantly reduced the effective tariff burden from Mexico and Canada, though he did not provide a specific rate. He attributed sales declines in Asia to increased competition from Chinese OEMs and a lag in launching hybrid models, while noting that the European business strategy is under review following past production closures.

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