* Says strong yen could prompt hollowing out of Japan industry

* Determined not to lower 08/09 profit forecasts again

* Aims to stay in black next year even if dollar around 90 yen

* 200,000-unit annual target for Insight hybrid may be tough

* Says sees no advantage of tying up with another carmaker

By Chang-Ran Kim, Asia autos correspondent

TOKYO, Dec 19 (Reuters) - The head of Honda Motor Co (7267.T: Quote, Profile, Research) warned the strong yen could cripple Japanese industry and spur massive layoffs, and said the automaker would be forced to bring more production overseas if the dollar persisted below 100 yen.

"If the government is saying, 'We don't care about the export industry', then that's fine -- we'll act accordingly," Chief Executive Takeo Fukui told a small group of reporters in an interview on Friday.

Honda, Japan's No.2 automaker, this week slashed its operating profit forecast by two-thirds to 180 billion yen ($2 billion) for the business year to March 31, dragged down by an estimated currency loss of twice that amount. [ID:nLH665893]