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Honda Consolidated Financial Summary for the Fiscal First Half Ended September 30, 2006


October 2006
 Filed under: HONDA CORPORATE Car News | HONDA CORPORATE Headlines
- Achieved all-time record first half performance with increased sales and income in all business areas -TOKYO, Japan, October 25, 2006 – Honda Motor Co., Ltd. announced that in the first half of the current fiscal year, it realized a sixth consecutive all-time record for consolidated net sales and other operating revenue (herein referred to as “revenue”) due to increased sales revenue in all business areas. Honda's operating income increased due to increased profit from higher revenues, and the positive effects from 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 realized an all-time record for first half results for operating income, income before income taxes, net income and equity in income of affiliates.

At the board of directors meeting held on October 25, 2006, Honda resolved to pay interim dividend of 30 yen, and to introduce quarterly dividend in the third quarter with the dividend date of record as December 31, 2006, to allow for more frequent payouts to its shareholders. The third quarter dividend is to be 17 yen per share. With a year-end dividend of 17 yen, the total dividend to be paid for the current fiscal year will be 64 yen per share.

- (Note: As of July 1, 2006, one share of the Company’s common stock was split into two. Had the stock split not been carried out, interim dividend would have been ¥60 per share, which is an increase of ¥20 per share and the annual dividend would have been ¥128, which is an increase of ¥28 per share.)

♦ Results for Fiscal First Half ended Sept. 30, 2006

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