Honda sees big annual profit fall on disasters,yen

Newswire

TOKYO, Jan 31 (Reuters) - Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast a similarly hefty fall for the full business year, when natural disasters in Japan and Thailand hit it harder than rivals. Japan's No.3 automaker said it expects operating profit for the year ending on March 31 of 200 billion yen ($2.62 billion), down 65 percent from 569.78 billion yen last year, hit also by the dollar's sharp fall against the yen. The new profit forecast ...

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