Honda has become the second major Japanese carmaker in a week to warn of dramatically lower profits due to reduced production resulting from March's massive earthquake.
It forecast net profits of 195bn yen ($2.4bn; £1.5bn) for the year to the end of March 2012, down 64% on the 534bn yen the company made last year.
It forecast net profits of 195bn yen ($2.4bn; £1.5bn) for the year to the end of March 2012, down 64% on the 534bn yen the company made last year.