Tokyo-based Honda Motor Co. said Wednesday its April-June profit totaled 456.9 billion yen ($2.9 billion), up from 196.6 billion yen for the same period a year ago. For the latest quarter, Honda’s motorcycle operations were highly lucrative with sales going strong in Brazil and India. Kawaguchi said Honda’s overall first quarter results were very healthy, thanks partly to a favorable exchange rate. A cheap yen is a boon for Japanese exporters like Honda because it raises the value of its overseas earnings when translated into yen. Honda is expecting a return to profit for this fiscal year and raised its profit forecast to 400 billion yen ($2.5 billion) from an earlier 260 billion yen ($1.6 billion).