Honda Announces Consolidated 2010 Financial Results

Despite the unfavorable currency effects due to the appreciation of the Japanese yen and a decrease in automobile sales in Japan, consolidated operating income for the fiscal third quarter (October 1, 2010 through December 31, 2010) was 125.6 billion yen primarily due to the recovery of automobile sales in North America and the expansion of motorcycle business in Asia. Consolidated operating profit for the fiscal nine months (April 1, 2010 through December 31, 2010) considerably increased compared to the same period last year, primarily due to increased profit in automobile business in Japan, North America and Asia as well as motorcycle business in Asia, offsetting the unfavorable currency effects due to the Japanese yen appreciation.