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Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal Fourth Quarter Ended March 31, 2013



 Honda Motor Co., Ltd. Reports Consolidated Financial Results For The Fiscal
                     Fourth Quarter Ended March 31, 2013

PR Newswire

TOKYO, April 26, 2013

TOKYO, April 26, 2013 /PRNewswire/ -- Honda Motor Co., Ltd. (HMC; NYSE) today
announced its consolidated financial results for the fiscal fourth quarter
ended March 31, 2013.

Fourth Quarter Results

Honda's consolidated net income attributable to Honda Motor Co., Ltd. for the
fiscal fourth quarter ended March 31, 2013 totaled JPY 75.7 billion (USD 805
million), an increase of 5.8% from the same period last year. Basic net income
attributable to Honda Motor Co., Ltd. per common share for the quarter
amounted to JPY 42.03 (USD 0.45), an increase of JPY 2.31 (USD 0.02) from JPY
39.72 for the corresponding period last year. One Honda American Depository
Share represents one common share.

Consolidated net sales and other operating revenue for the quarter amounted to
JPY 2,744.9 billion (USD 29,186 million), an increase of 14.1% from the same
period last year, due primarily to increased revenue in automobile business
operations as production recovered from the impact of Thai flood as well as
favorable foreign currency translation effects.

Consolidated operating income for the quarter amounted to JPY 135.9 billion
(USD 1,446 million), an increase of 21.4% from the same period last year, due
primarily to an increase in cost reductions and favorable foreign currency
effects, despite increased R&D expenses and SG&A expenses.

Equity in income of affiliates amounted to JPY 13.0 billion (USD 139 million)
for the quarter, a decrease of 60.7% from the corresponding period last year.

Business Segment

In automobile business operation, revenue increased 15.8%, to JPY 2,136.9
billion (USD 22,721 million) from the same period last year. Operating income
totaled JPY 77.2 billion (USD 822 million), an increase of 71.1% from the same
period last year.

In motorcycle business operation, revenue increased 4.7%, to JPY 375.3 billion
(USD 3,991 million) from the same period last year. Operating income totaled
JPY 25.2 billion (USD 268 million), a decrease of 23.2% from the same period
last year.

In financial services business operation, revenue increased 17.4% to JPY 151.4
billion (USD 1,611 million) from the same period last year. Operating income
increased 13.8% to JPY 40.9 billion (USD 435 million) from the same period
last year.

In power product and other businesses operation, revenue increased 11.9% to
JPY 81.1 billion (USD 863 million) from the same period last year. Honda
reported an operating loss of JPY 7.4 billion (USD 79 million), a
deterioration of JPY 5.3 billion (USD 57 million) from the same period last
year.

Forecasts for the Fiscal Year Ending March 31, 2014

In regard to the forecasts of the financial results for the fiscal year ending
March 31, 2014, Honda projects consolidated results to be as shown below:

Fiscal year ending March 31, 2014

                                      Yen (billions) Changes from FY 2013
Net sales and other operating revenue 12,100         + 22.5%
Operating income                      780            + 43.2%
Net income                            580            + 58.0%
                                      Yen
Basic net income per common share     321.81

Dividend per Share of Common Stock for fiscal years 2013 and 2014

The Company plans to distribute year-end cash dividends of JPY 19 per share
for the year ended March 31, 2013 subject to resolution at the ordinary
general meeting of shareholders.

The Company expects to distribute quarterly cash dividends of JPY 20 per share
for each quarter for the year ending March 31, 2014. As a result, total cash
dividends for the year ending March 31, 2014 expected to be JPY 80 per share.

This announcement contains "forward-looking statements" as defined in Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements are based on
management's assumptions and beliefs taking into account information currently
available to it. Therefore, please be advised that Honda's actual results
could differ materially from those described in these forward-looking
statements as a result of numerous factors, including general economic
conditions in Honda's principal markets and foreign exchange rates between the
Japanese yen and the U.S. dollar, the Euro and other major currencies, as well
as other factors detailed from time to time.

For Additional Information, Please visit;
http://world.honda.com/investors/library/financialresult/

SOURCE Honda Motor Co., Ltd.

Contact: Honda Motor Co., Ltd., Tel: (212) 707 9920 ext: 1
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