HONDA FIRST QUARTER FINANCIAL RESULTS
August 1 2011

Honda Motor Co., Ltd. has today announced its consolidated financial results for the fiscal first quarter ended June 30, 2011 as well as revisions to its forecasts for the consolidated financial results for the current fiscal year ending March 31, 2012.

Consolidated Financial Summary:
Despite the significant impact of declined automobile sales due to the short supply of parts after the Great East Japan Earthquake, consolidated operating income and net income for the fiscal first quarter (April 1, 2011 through June 30, 2011) amounted to 22.5 billion yen and 31.7 billion yen, respectively, mostly by the contribution of expanding motorcycle business as well as strong financial services business primarily for automobile purchase.

Due to the recovery of production with the improved parts supply situation, Honda made an upward revision to the forecast for automobile unit sales for the current fiscal year ending March 31, 2012 to 3.435 million units, up 0.135 million units from the previous forecast announced on June 14, 2011. Based on this revision,

- Net sales and other operating revenue: 8,700 billion yen (400 billion yen increase from the previous forecast)

- Operating income: 270 billion yen (70 billion yen increase from the previous forecast)

-Income before income taxes: 285 billion yen (70 billion yen increase from the previous forecast)

- Net income*1: 230 billion yen (35 billion yen increase from the previous forecast)