【ホンダ】4,000億円の巨額赤字、なのに株価はなぜ上がるのか？EV関連損失2.5兆円の衝撃 ホンダはどこまで織り込んだのか【元機関投資家が解説】

Former institutional investor Ryosuke Izumida analyzes Honda's (7267) full-year financial results for the fiscal year ending March 2026 based on the financial statements. While the company fell into an operating loss of 414.3 billion yen due to EV-related losses, it forecasts increased revenue and a return to profitability (operating profit of 500 billion yen) for the current fiscal year. This analysis delves into the truth behind reports of an "EV withdrawal," how to determine if all the bad news has been priced in, and the strong performance of its motorcycle division while addressing structural challenges in its automobile division. 00:00 Opening: How did Honda's EV strategy unfold? 01:06 What was "Afira," the collaboration with Sony? 02:40 The repercussions of the EV development cancellation and the future of the joint venture 03:08 Stock price review: A year of not being able to keep up with TOPIX 04:22 FY2026 financial results: The breakdown of the 414.3 billion yen operating loss 05:41 How to determine if "bad news has been priced in" and the forecast for a return to profitability this fiscal year 07:02 The gap between company forecasts and analyst consensus 09:05 The true nature of the 2.5 trillion yen EV-related loss and the inclusion of the 500 billion yen forecast for this fiscal year 10:49 President Sanbe's presentation: Miscalculations regarding the US EV ratio 11:53 "Giving up EVs" was a misunderstanding: The reality of resource reallocation 12:49 Regional powertrain strategies (US, Japan, India) 15:18 Medium-term plan: Target operating profit of 1.4 trillion yen and ROIC of 10% for the fiscal year ending March 2017 16:58 Halving development costs, time, and man-hours for "Triple Half" 18:16 Next-generation hybrid strategy to be explained "within this fiscal year" 19:56 Relationship between WACC, ROIC, and PBR 20:26 Can dividends be paid? Cash Flow Analysis 22:03 Summary: Negative Factors Expired and the Sense of Security from a Strategic Shift 23:20 Motorcycles Performing Well, Structural Problems Remaining in Four-Wheeled Vehicles 24:54 Why Honda Should Change Its "Competitive Region" 26:06 Ending 📌 Related Past Explanation Videos in This Video 07:02 Related to "Consensus": Shiseido Explanation →    • 【資生堂】333億赤字で株価暴落！買い場か？プロが注目する「キャッシュフロー」と「次...   08:01 Nissan Motor Explanation →    • 【日産自動車】「営業利益244%増」は本物か？市場予想と会社予想の決定的なズレ。「最...   09:05 Honda (Previous Full-Year Downward Revision) Explanation →    • 【ホンダ】経営危機！赤字見通しで大暴落！ PBR0.5倍 営業利益半減の裏で起きてい...   25:42 Toyota Motor Explanation →    • 【トヨタ自動車】最高売上50兆円突破も株価下落でまさかのPBR1倍割れの衝撃！買い場...   Learn the Essence of Stock Investment and Asset Management at Izumidaism. Former institutional investor Ryosuke Izumida thoroughly explains the concepts of company analysis and valuation (fair stock price) for Japanese and US stocks necessary in the new NISA era. Ryosuke Izumida's new channel, "Izumidaism," is launching! Hello, I'm Ryosuke Izumida. This channel is where I, with my experience as a former institutional investor and securities analyst, explain "professional company analysis" and "economic news" in an easy-to-understand way for individual investors. ▼What you can learn from this channel Instead of short-term information like "buy this stock and you'll make money," which is abundant these days, we deliver content that cultivates a fundamental "eye for companies." Professional company analysis: Deciphering the "true value of a company" behind financial statements and news Valuation (pricing): Is the stock price undervalued? Or overvalued? An Explanation of Institutional Investor Logic ■Ryosuke Izumida Profile Securities Analyst After graduating from Keio University's Faculty of Commerce, he worked as a portfolio manager and securities analyst for foreign and Japanese equities at Nippon Life Insurance and Fidelity Investments. He completed his Master's degree at Keio University Graduate School of System Design and Management. Certified Securities Analyst (CMA) of the Securities Analysts Association of Japan. Part-time lecturer at Tokyo University of Science Graduate School, where he lectures on energy and industrial architecture. ■Books "Stock Investment Methods That Don't Require Forecasts, Known Only to Institutional Investors" https://amzn.asia/d/9ZYntIf "The Industrial Landscape Where Technology Will Reshape Everything" https://amzn.asia/d/4u3GYpI "Google vs. Toyota: Self-Driving Cars are Just the Beginning" https://amzn.asia/d/3E1vHv6 "What Will Happen to Banks?" https://amzn.asia/d/fw4fYhB "Japan's Electronics Industry: What Will Determine Success or Failure?" https://amzn.asia/d/gGnQe7m *The information on this channel is provided for informational purposes only, representing the personal views of an analyst. It does not endorse any specific stocks or investment methods. Investment is at your own risk. #NISA #Investment #JapaneseStocks