UPDATE 1-Honda Q2 profit down, forecast cut due to high yen

Newswire

(Recasts, adds forecast revision, background) By Chang-Ran Kim, Asia auto correspondent TOKYO, Oct 28 (Reuters) - Japan's Honda Motor Co posted a surprise fall in quarterly operating profit on Tuesday despite snappy sales in the key U.S. market and it slashed full-year projections due to the dollar's slide against the yen. The 3.3 percent downward revision in operating profit comes just three months after Japan's No.2 auto maker raised its forecasts for the 2003/04 business year, and ...

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