NET PROFIT FORECAST: Honda is expected to post a 26% drop in net profit to 175.13 billion yen, equivalent to $1.20 billion, for the three months ended March, according to a poll of analysts by LSEG. That would compare with Y237.57 billion in net profit in the year-earlier period.

TOKYO (AP) — Honda’s profit for the fiscal year through March ... but said they felt it was important to give a realistic projection, no matter how pessimistic it might be.