Japan: Honda drops FY2012 forecasts to “not determined”

Honda has revealed Q2 and H1 FY2012 earnings that were significantly above forecasts made on 1 August 2011, reflecting lower-than-anticipated S,G&A and R&D costs and lower unrealised gains and losses related to derivative instruments. However, in light of the disruption and damage suffered at the company's facilities in Thailand due to Subscribe to Automotive World … Continued

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• October 31, 2011