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Consolidated Financial Summary for the Fiscal 2nd Quarter Ended September 30, 2009


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TOKYO - October 27, 2009: Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal second quarter ended September 30, 2009.

Consolidated Financial Summary
Consolidated net sales and other operating revenue for the fiscal second quarter ended September 30, 2009 amounted to JPY 2,056.6 billion, a decrease of 27.2% compared to the same period last year, primarily due to decreased sales in automobile business and the unfavorable impact of currency translation.

Consolidated operating income amounted to JPY 65.5 billion, a decrease of 56.0% compared to the same period last year, due to decreased profit from lower revenue, the unfavorable currency effects by the appreciation of the Japanese yen, and increased fixed costs per unit as a result of reduced production, offsetting decreased selling, general and administrative (SG&A) expenses and R&D expenses and continuing cost reduction efforts.

Consolidated income before income taxes amounted to JPY 66.1 billion, a decrease of 55.7% from the same period last year, and net income attributable to Honda Motor Co., Ltd. amounted to JPY 54.0 billion, a decrease of 56.2% compared to the same period last year. 

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