HONDA UP IN FINAL QUARTER TO MARCH 31, 2012.
April 27 2012.


Honda announced today that despite the unfavorable currency effects due to the appreciation of the Japanese yen and increase in R&D expenses, consolidated operating income for the fiscal fourth quarter (January 1, 2012 through March 31, 2012) amounted to 111.9 billion yen, approximately 2.4 times greater than the same period of last year. This is stated to be primarily due to motorcycle business, which marked record-high unit sales, plus increased revenue in automobile business, mainly in Japan and North America, and decreased selling, general and administrative (SG&A) expenses.

Despite the increased revenue in motorcycle business, consolidated operating income for the fiscal year (April 1, 2011 through March 31, 2012) declined by 59.4% compared to the previous fiscal year and amounted to 231.3 billion yen, primarily due to the impact of decreased automobile production due to the Great East Japan Earthquake and the flooding in Thailand, increased R&D expenses and the unfavorable currency effects due to the appreciation of the Japanese yen. Consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal year amounted 211.4 billion yen, 60.4% decrease from the previous fiscal year.

Honda plans for year-end cash dividends of JPY 15 per share. Together with the quarterly cash dividends of JPY 15 for the first, second and third fiscal quarters, the total cash dividends to be paid for the fiscal year ended March 31, 2012 are planned to be JPY 60 per share, which is an increase of JPY 6 per share from the annual dividends paid for the fiscal year ended March 31, 2011. The year-end dividends are matters to be resolved at the general shareholders' meeting.