Honda profit to increase Unlisted Video

TOKYO – Honda Motor Co. reported a 13 decline in full-year operating profit on foreign exchange losses, rising incentives and one-time costs to restructure its European business. Operating profit declined to 726.3 billion yen ($6.55 billion) in the fiscal year ended March 31, the Japanese carmaker said Wednesday. Net income tumbled 42 percent to 610.3 billion yen ($5.51 billion) in the 12-month period.