Honda Motor Co. raised its profit outlook after quarterly results were boosted by a weak yen and strong demand in the US for gas‑electric hybrids.

The Japanese automaker said its earnings for the first quarter surpassed estimates, driven largely by a surge in hybrid vehicle sales in the US market. The company’s guidance was sharpened by the depreciation of the yen, which made its exports more competitive overseas.

In light of the stronger-than‑expected performance, Honda Motor Co. lifted its profit forecast by 30%, signalling confidence in continued demand for its hybrid lineup. Executives highlighted that the combination of favorable currency movements and robust US consumer interest is expected to sustain growth throughout the year.

Investors reacted positively to the announcement, with Honda’s stock climbing in late‑afternoon trading. Analysts note that the company’s updated outlook reflects both a solid short‑term earnings boost and a strategic focus on electrified vehicles for the future.