📊Executive Summary

Honda has announced plans to suspend or reduce production at its factories in China and Japan due to a semiconductor supply shortage. The production cuts will occur from late December 2025 to early January 2026, with a five-day shutdown at a joint venture factory in China starting December 29, and two-day shutdowns at some Japanese factories on January 5 and 6, followed by reduced output from January 7 to 9. The company anticipates a significant impact on its operating profit, estimating a reduction of 150 billion yen (approximately NT$30.4 billion) due to the insufficient semiconductor supply. This situation highlights the ongoing challenges in the semiconductor supply chain and its direct effects on automotive production....