sales will decrease by an estimated 1.2 per cent to 15.7 trillion Yen. In the past fiscal year, Honda had posted a profit decline of 42.4 percent on 610.3 other liabilities billion Yen, after the company had benefited in the previous year of a tax cut in the United States. The revenue, however, rose 3.4 percent to 15,89 trillion Yen, as Honda announced on Wednesday.

(SDA)