{{Honda has cut is annual profit forecast after anti-Japan protests in China hurt its sales in the country, its second-largest market.}}<\/p>\n
The protests, triggered by a row over disputed islands, saw Chinese consumers shun Japanese products. Honda’s sales in China dipped by 40% in September.<\/p>\n
The carmaker has forecast a net profit of 375bn yen ($4.7bn; \u00a32.9bn) for the financial year ending 31 March 2013.<\/p>\n
That is down from its earlier projection of 470bn yen.<\/p>\n
Honda’s shares fell 4.7% to 2,399 yen on the the Tokyo Stock Exchange. The firm said it expected income at its China unit to decline further in wake of the dispute between the two countries.<\/p>\n
Japanese firms usually release their earnings after the close of markets, but Honda posted its latest report on its website three hours ahead of schedule by mistake.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Honda has cut is annual profit forecast after anti-Japan protests in China hurt its sales in the country, its second-largest market.}} The protests, triggered by a row over disputed islands, saw Chinese consumers shun Japanese products. Honda’s sales in China dipped by 40% in September. The carmaker has forecast a net profit of 375bn yen […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[101],"byline":[170],"hashtag":[],"class_list":["post-3793","post","type-post","status-publish","format-standard","hentry","category-news","tag-internationl","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/3793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=3793"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/3793\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=3793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=3793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=3793"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=3793"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=3793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}