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Honda Holds Off on Guidance as Full-Year Earnings Slip 13%

Honda Holds Off on Guidance as Full-Year Earnings Slip 13%

Honda Motor (NYSE: HMC) said that its operating profit for the fiscal year ended March 31 was 634 billion yen ($5.9 billion), down 13% from the prior fiscal year, as the effects of the coronavirus pandemic hammered its results for the January-March quarter.