Not necessarily. In my experience with Civic and Grande, and Aspire 1.5 and Ativ X, Honda's speakers seem to cover more frequencies. Better bass. The high frequencies are not as good as Toyota, yes. But overall, the volume is better, less distortion, better bass and the surround feels good as well.
I agree with you here, but the quality of the setup matters a lot as well. For me, Toyota speakers are not good compared to Honda, but the head units are much better, with android 8 and 9, compared to Android 4 in the Civic, which is unacceptable.