A good time for Honda

Japanese Honda Motor Co., one of the largest car manufacturers in the country, raised its net profit forecast for the current financial year to its highest level in seven years, noting the sales growth in emerging markets. 

According to the forecast of the company, its net profit by March 31, 2015 will increase by 4.5% - up to 600 billion yen ($ 5.9 billion). 

Honda shares since the beginning of 2014 fell by 4.1%.