Honda Motor Co. Ltd. says slower global economic growth, oil price fluctuations and currency movements will pressure profits in the current fiscal year that began April 1. The Japanese auto maker is expecting a tough first half, with net income projected to fall 15.1% to ¥205 billion ($1.9 billion) for the 6-month period ending Sept. 30, 2005. A better second-half is forecast, with net income hitting ¥450 billion ($4.2 billion), down 7.4% from the fiscal year that ended March 31. The ...
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