HONDA MOTOR CO., LTD. REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE FISCAL SECOND QUARTER ENDED SEPTEMBER 30, 2009

Tokyo, October 27, 2009--- Honda Motor Co., Ltd. today announced its consolidated
financial results for the fiscal second quarter and the fiscal half ended September 30, 2009.
Second Quarter Results
Honda’s consolidated net income attributable to Honda Motor Co., Ltd. for the fiscal second
quarter ended September 30, 2009 totaled JPY 54.0 billion (USD 599 million), a decrease of
56.2% from the same period in 2008. Basic net income attributable to Honda Motor Co.,
Ltd. per common share for the quarter amounted to JPY 29.78 (USD 0.33), a decrease of JPY
38.18 from JPY 67.96 for the corresponding period last year. One Honda American
Depository Share represents one common share.
Consolidated net sales and other operating revenue (herein referred to as “revenue”) for the
quarter amounted to JPY 2,056.6 billion (USD 22,799 million), a decrease of 27.2% from the
same period in 2008, primarily due to decreased sales in the automobile business and
unfavorable currency translation effects. Honda estimates that had the exchange rates
unchanged from the corresponding period in 2008, revenue for the quarter would have
decreased by approximately 16.1%.
Consolidated operating income for the quarter totaled JPY 65.5 billion (USD 727 million), a
decrease of 56.0%, due primarily to decreased profit attributable to decreased sales, the
impact of unfavorable currency effects caused by the appreciation of the Japanese yen and the
increase in fixed costs per unit as a result of reduced production despite decreased SG&A
expenses and R&D expenses and continuing cost reduction efforts.
Consolidated income before income taxes and equity in income of affiliates for the quarter
totaled JPY 66.1 billion (USD 733 million), a decrease of 55.7% from the same period in
2008.
Equity in income of affiliates amounted to JPY 22.3 billion (USD 248 million) for the quarter,

a decrease of 18.1% from the corresponding period last year.
Business Segment
With respect to Honda’s sales for the fiscal second quarter by business segment, motorcycle
unit sales totaled 2,407 thousand units, a decrease of 16.8% from the same period last year.
Unit sales in Japan totaled 52 thousand units, a decrease of 34.2% compared to the same
period last year. Outside of Japan, total unit sales totaled 2,355 thousand units, a decrease of
16.3% from the same period in 2008*, due mainly to decreased unit sales in Indonesia and
Other Regions including Brazil in South America, more than offsetting increased unit sales in
India. Revenue from sales to external customers decreased 31.4%, to JPY 275.3 billion
(USD 3,052 million) from the same period last year, due mainly to decreased unit sales and
unfavorable currency translation effects. Operating income decreased 79.9% to JPY 9.3
billion (USD 103 million) from the same period last year, due primarily to decreased profit
attributable to decreased sales and the impact of unfavorable currency effects, more than
offsetting decreased SG&A expenses and R&D expenses.

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