Honda raises profit outlook thanks to weaker yen

Automaker maintains target of 4.2 million unit sales for current fiscal year

20220810 Honda

Honda will raise prices as it updates models in the U.S., its main market, and look for opportunities to lift prices in Japan. (Photo by Kei Higuchi)

SHOICHIRO TAGUCHI, Nikkei staff writer

TOKYO -- Honda Motor on Wednesday upwardly revised its operating profit forecast for the current fiscal year ending March 2023 to reflect the weak yen.

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