Honda Reports Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2006

Tokyo, Japan, July. 26, 2006 - (JCN Newswire) - Honda Motor Co., Ltd.
today announced that it achieved its sixth consecutive all-time record
for consolidated net sales and other operating revenue for the fiscal
first quarter due to increased sales revenue in all business areas. 

Operating income increased due to increased profit from higher revenue,
the decrease in research and development (R&D) expenses and positive
currency effects of the depreciation of the Japanese Yen, despite the
changes in the model mix, soaring raw materials costs exceeding
continued cost reduction efforts and an increase in selling, general and
administrative (SG&A) expenses. 

Honda also achieved all-time record for first quarter results for income
before income taxes and net income, and an all-time record for any
quarter in equity in income of affiliates.

Results for Fiscal First Quarter Ended June 30, 2006 
(*record high 1st quarter, **record high any quarter)