The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Honda Announces Consolidated Financial Summary for the Fiscal 1st Quarter Ended June 30, 2007; All-time Q1 Record for Net Sales, Operating Income, Income before Income Taxes, and Net Income

 <http://www.japancorp.net> 	 
	
 	 
Honda Announces Consolidated Financial Summary for the Fiscal 1st
Quarter Ended June 30, 2007; All-time Q1 Record for Net Sales, Operating
Income, Income before Income Taxes, and Net Income 	
 	 
Tokyo, Japan, July 25, 2007 - (JCN Newswire) - Honda Motor Co., Ltd.
announced that it achieved its seventh consecutive all-time record for
first quarter's consolidated net sales and other operating revenue due
to increased sales revenue in all business areas. 

Operating income increased and set an all-time record for a first
quarter result due to increased profit from higher revenue, cost
reduction effects, and positive currency effects of the depreciation of
the Japanese Yen, despite the soaring raw materials costs and higher
depreciation expenses and an increase in selling, general and
administrative (SG&A) expenses and research and development (R&D)
expenses. Honda also achieved all-time record results for a first
quarter for income before income taxes and net income, and an all-time
record for any quarter in equity in income of affiliates.

At the board of directors meeting held today, Honda resolved to pay 20
yen per share for the fiscal first quarter dividend with the record date
of June 30, 2007. The total dividend to be paid for the entire fiscal
year will be 80 yen per share.

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


------------------------------------------------------------------------