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11Fiscal First Quarter Ended June 30,2025Financial ResultsAugust 6,20252 22Revised Upward to Operating Profit 700.0 Revised Upward to Operating Profit 700.0 bilbil.yen.yen Profit for the year Profit for the year 420420.0.0 bilbil.yen.yenDue to a review of tariff impacts and changes in foreign currency assumptions,operating profit is expected to increase by 200 billion yen compared to the previous forecast.-Tariff:The gross impact has been revised to 450 billion yen based on a detailed review of the impact amount.-Foreign currency:JPY/USD FX assumption has been changed from 135 yen to 140 yen,considering recent trends.Further grow the profit through improved profit structure,despite ongoing uncertainty about the outlook.Financial Results for Fiscal First Quarter Ended June 30,2025Financial Forecast for FYE March 31,2026Shareholder ReturnsSummaryStatus of Acquisition of the Companys Own Shares(as of July 31,2025)936.5 billion yen/646.66 million shares have been acquired(rate of progress:85.1%),for the acquisition of up to 1 trillion 100 billion yen/1.1 billion shares(resolved on December 23,2024)Operating Profit Operating Profit 244244.1.1 bilbil.yen.yen Motorcycles:Sales expanded in Brazil and Vietnam,achieving the highest operating profit.Automobiles:While tariff impacts and one-time expenses related to EVs were recorded,sales in North America remained strong.Operating cash flows after R&D adjustment 583.0 Operating cash flows after R&D adjustment 583.0 bilbil.yen.yen*Previous forecast:announced on May 133 33Three Months Ended June 30,2025:Consolidated Financial ResultsYen(billion)Three Months Ended June 30202420252025AmountChangeSales revenue5,404.85,340.25,340.2-64.5-1.2%Operating profit484.7244.1244.1-240.5-49.6%Operating margin9.0%4.6%4.6%-4.4 ptShare of profit(loss)of investments accounted for using the equity method 1.44.24.2 2.7 193.8%Profit before income taxes559.4292.3292.3-267.1-47.7%Profit for the period attributable to owners of the parent394.6196.6196.6-197.9-50.2rnings per share attributable to owners of the parent(Yen)81.8146.8046.80-35.01Market average rate(Yen)U.S.Dollar156145145-11* weak yen/-strong yen*4 44Yen(billion)FYE March 31,2025 ResultsFYE March 31,2026FYE March 31,2026Revised forecastRevised forecastAmountChangeChange from previous forecastSales revenue21,688.721,100.021,100.0-588.7-2.7% 800.0Operating profit1,213.4700.0700.0-513.4-42.3% 200.0Operating margin5.6%3.3%3.3%-2.3 pt 0.9 ptShare of profit(loss)of investments accounted for using the equity method 0.90.00.0-0.9-100.0%-Profit before income taxes1,317.6710.0710.0-607.6-46.1% 220.0Profit for the year attributable to owners of the parent835.8420.0420.0-415.8-49.8% 170.0Earnings per share attributable to owners of the parent(Yen)178.93105.07105.07-73.86 42.23Market average rate(Yen)U.S.Dollar153140140-13 5Consolidated Financial Forecast for FYE March 31,20265 55Shareholder ReturnsStatus of Acquisition of the Companys Own Shares(as of 31,2025)936.5 billion yen/646.66 million shares have been acquired(rate of progress:85.1%),for the acquisition of up to 1 trillion 100 billion yen/1.1 billion shares(resolved on December 23,2024)Dividend per Share(Yen)FYE March 31,2026 Previous forecastFYE March 31,2026 FYE March 31,2026 Revised forecastRevised forecastChange from previous forecastInterim Dividend(35)(35)Year-end Dividend(35)(35)Fiscal Year(70)(70)*():Forecast*-Total number of shares to be acquired(maximum):1.1 billion shares(common shares)-Total amount of shares to be acquired(maximum):1 trillion 100 billion yen-Period of acquisition:From January 6,2025 to December 23,2025Fiscal First Quarter Ended June 30,2025Financial Results7 77MotorcyclesMotorcyclesAutomobilesAutomobilesPower ProductsPower ProductsHonda Group UnitSalesThree Months Ended June 30Three Months Ended June 30Three Months Ended June 30202420252025Change202420252025Change202420252025ChangeJapan505959 9141124124-17466262 16NorthAmerica132142142 10406457457 51270232232-38Europe138122122-16231717-6134179179 45Asia4,2754,2844,284 9264202202-62301279279-22OtherRegions467536536 69353939 4717676 5Total5,0625,1435,143 81869839839-30822828828 6Change(%) 1.6%-3.5% 0.7%*-43 in China are included.ConsolidatedUnit Sales3,4503,4653,465 15672685685 13822828828 6Three Months Ended June 30,2025:Honda Unit Sales*Unit(thousand)8 88Fiscal First Quarter Ended June 30,2025:Consolidated Financial ResultsYen(billion)Three Months Ended June 30202420252025AmountChangeSales revenue5,404.85,340.25,340.2-64.5-1.2%Operating profit484.7244.1244.1-240.5-49.6%Operating margin9.0%4.6%4.6%-4.4 ptShare of profit(loss)of investments accounted for using the equity method 1.44.24.2 2.7 193.8%Profit before income taxes559.4292.3292.3-267.1-47.7%Profit for the period attributable to owners of the parent394.6196.6196.6-197.9-50.2rnings per share attributable to owners of the parent(Yen)81.8146.8046.80-35.01Market average rate(Yen)U.S.Dollar156145145-119 99Three Months Ended June 30,2025:Change in Operating ProfitThree Months Ended June 30,2024*1 Sales impacts*2 Price/Cost impacts*3 Expenses*4 Foreign currency effectsSales volume,model mixIncentiveFinanceOther 116.5-0.4 10.5-17.5 Price revisionCost reduction,etc. 85.9-17.4WarrantyFinanceOther-30.5-12.9-26.0JPY/USD USD/Others(BRL,CAD,MXN)JPY/Asian currencies(INR,THB,VND,CNY,IDR)Other-38.5-11.5-7.0-29.1Yen(billion)Three Months Ended June 30,2025Sales impacts*1R&DExpenses*3Foreign currencyeffects*4Price/Costimpacts*2Tariff impactsOperating ProfitOperating Profit ()-240.5240.5-49.6 49.6 484.7484.7 109.1109.1 68.568.5-69.469.4-24.524.5-86.186.1-124.6124.62 244.144.1Operating Operating MarginMargin9.0%9.0%Operating Operating MarginMargin4.6%4.6%One-timeEV-relatedexpenses-113.4113.4482.1482.1Operating profitexcl.one-time EV-related expensesand tariff impacts(estimate)()-2.52.5-0 0.5.5 Operating Operating MarginMargin9.0%9.0%Provisions for losses on EVs being sold in the U.S.Write-offs of development assets for EV models due to lineup changesExcluding oneExcluding one-time EVtime EV-related expenses related expenses and tariff impacts and tariff impacts 101010Three Months Ended June 30,2025:Sales Revenue/Operating Profit(Margin)by Business Segmentupper:Three Months Ended June 30,2025MotorcycleMotorcycleBusinessBusinessAutomobileAutomobileBusinessBusinessFinancial ServicesFinancial ServicesBusinessBusinessPower Products andPower Products andOther BusinessesOther Businesseslower:Three Months Ended June 30,2024Unit(thousand)Honda Group Unit Sales(Consolidated Unit Sales)5,1435,143839839-828828(3,465)(685)-(828)5,062869-822(3,450)(672)-(822)Yen(billion)Sales Revenue951.5951.53,543.93,543.9832.6832.692.892.8937.63,504.5939.3104.8Operating Profit189.0189.0-29.629.685.085.0-0.20.2177.6222.884.9-0.7Operating Margin19.9.9%-0.8%0.8.2.2%-0.2%0.2.9%6.4%9.0%-0.7%In the financial services business,Honda mainly provides retail lending and leasing to customers to support the sale of its automobile products.Operating profit from aircraft and aircraft engines included in above Yen(billion)-8.38.3-9.7111111Three Months Ended June 30,2025:Change in Operating Profit for Motorcycle BusinessDespiteDespite foreign currency effects and other factors,foreign currency effects and other factors,operating profit increased mainly due to higher sales volume in South America.operating profit increased mainly due to higher sales volume in South America.Three Months Ended June 30,2024*1 Sales impacts*2 Price/Cost impacts*3 ExpensesSales volume,model mixIncentiveOther 32.3-3.7 12.4 Price revisionCost reduction,etc. 24.1-9.9WarrantyOther-2.8-9.9Yen(billion)Three Months Ended June 30,2025Sales impacts*1R&DExpenses*3Foreign currencyeffectsPrice/Costimpacts*2Tariff impacts177.6177.6 41.041.0 1 14.24.2-12.712.7 1.31.3-30.630.6189.0189.0Operating Operating MarginMargin18.9.9%Operating Operating MarginMargin1919.9%.9%Operating ProfitOperating Profit () 11.3 11.3 6. 6.4 4-1.81.8121212Three Months Ended June 30,2025:Change in Operating Profit for Automobile BusinessExcluding oneExcluding one-time EVtime EV-related expenses and tariff impacts,related expenses and tariff impacts,increase in sales volume in North America and other factors offset increase in R&D and other expenses,increase in sales volume in North America and other factors offset increase in R&D and other expenses,but yen appreciation caused decrease in operating profit.but yen appreciation caused decrease in operating profit.*1 Sales impacts*2 Price/Cost impacts*3 ExpensesSales volume,model mixIncentiveOther 83.1 2.1-38.8 Price revisionCost reduction,etc. 61.1-7.6WarrantyOther-27.3-15.8 ()-16.916.9-7 7.6.6 2 222.822.8 46.4 46.4 53.553.5-43.143.1-26.426.4-47.347.3-29.629.6Operating Operating MarginMargin6 6.4%.4%Operating Operating MarginMargin-0 0.8 8%Operating ProfitOperating Profit-252.4252.4-1 122.122.1-113.4113.42 205.805.8Operating Operating MarginMargin5 5.9%.9%Yen(billion)Sales impacts*1R&DExpenses*3Foreign currencyeffectsPrice/Costimpacts*2Tariff impactsOne-timeEV-relatedexpenses Operating profitexcl.one-time EV-related expensesand tariff impacts(estimate)Three Months Ended June 30,2024Three Months Ended June 30,2025Provisions for losses on EVs being sold in the U.S.Write-offs of development assets for EV models due to lineup changesExcluding oneExcluding one-time EVtime EV-related expenses related expenses and tariff impacts and tariff impacts 131313Cash Flows of Non-Financial Services Businesses*Cash Flows from operating activities(CFO)excluding R&D expenses (CFO of non-financial services businesses R&D expenditures amount transferred to development assets)*Yen(billion)Three Months Ended June 30,2024Three Months Ended Three Months Ended June 30,2025June 30,2025Cash flows from operating activities 258.6 390.0 Cash flows from investing activities-184.7-95.9 Free cash flow 73.9 73.9 294.0 294.0 Cash flows from financing activities-232.3-568.4 Effects of exchange rate changes 200.5-49.5 Net change of cash and cash equivalents 42.1-323.9 Cash&cash equivalents at end of periodCash&cash equivalents at end of period4,666.7 4,666.7 3,537.8 3,537.8 Net cash at end of periodNet cash at end of period3,744.3 3,744.3 2,907.9 2,907.9 Operating cash flows after R&D adjustment* 435.0 583.0 Fiscal Year Ending March 31,2026Financial Forecast151515Forecast for FYE March 31,2026:Honda Unit SalesMotorcyclesMotorcyclesAutomobilesAutomobilesPower ProductsPower ProductsHonda Group Unit SalesFYE March 31,2026 Previous ForecastFYE March 31,FYE March 31,20262026RevisedRevisedForecastForecastChangeFYE March 31,2026 Previous ForecastFYE March 31,FYE March 31,20262026RevisedRevisedForecastForecastChangeFYE March 31,2026 Previous ForecastFYE March 31,FYE March 31,20262026RevisedRevisedForecastForecastChangeJapan210210210-600600600-250250250-NorthAmerica545535535-101,6801,6801,680-970970970-Europe430400400-30909090-700700700-Asia18,06518,06018,060-51,0901,0901,090-1,4101,4101,410-OtherRegions2,0502,0952,095 45160160160-340340340-Total21,30021,30021,300-3,6203,6203,620-3,6703,6703,670-FYE March 31,2025Results20,5723,7163,700Consolidated Unit Sales14,25014,25014,250-2,8302,8302,830-3,6703,6703,670-Unit(thousand)161616Consolidated Financial Forecast for FYE March 31,2026Yen(billion)FYE March 31,2025 ResultsFYE March 31,2026FYE March 31,2026Revised forecastRevised forecastAmountChangeChange from previous forecastSales revenue21,688.721,100.021,100.0-588.7-2.7% 800.0Operating profit1,213.4700.0700.0-513.4-42.3% 200.0Operating margin5.6%3.3%3.3%-2.3 pt 0.9 ptShare of profit(loss)of investments accounted for using the equity method 0.90.00.0-0.9-100.0%-Profit before income taxes1,317.6710.0710.0-607.6-46.1% 220.0Profit for the year attributable to owners of the parent835.8420.0420.0-415.8-49.8% 170.0Earnings per share attributable to owners of the parent(Yen)178.93105.07105.07-73.86 42.23Market average rate(Yen)U.S.Dollar153140140-13 5171717Forecast for FYE March 31,2026:Change in Operating Profit*1 Sales impacts*2 Price/Cost impacts*3 Expenses*4 Foreign currency effectsSales volume,model mixIncentiveFinanceOther 95.5 20.0 34.0-43.5Price revisionCost reduction,etc. 296.5 53.5WarrantyImpact of the change in the estimation model for automobile product warrantiesFinanceOther-8.5 127.6-22.0-188.6JPY/USD USD/Others(BRL,CAD,MXN)JPY/Asian currencies(INR,THB,VND,CNY,IDR)Other-164.5 4.5-62.0-80.0Yen(billion)FYE March 31,2025ResultsSales impacts*1R&DExpenses*3Foreign currencyeffects*4Price/Costimpacts*2Tariff impacts1,213.41,213.4 350.0 350.0-91.591.5-126.0126.0-302.0302.0-4 450.050.07 700.000.0Operating ProfitOperating Profit ()-513.4513.4-4242.3.3 106.0106.0Operating Operating MarginMargin5.6%5.6%Operating Operating MarginMargin3.3%3.3%FYE March 31,2026 Revised Forecast181818Forecast for FYE March 31,2026:Change in Operating Profit5 500.000.0-100.0100.0- 150.0150.0 200.0200.07 700.000.0-50.050.0FYE March 31,2026 Revised ForecastFYE March 31,2026Previous ForecastOperating Operating MarginMargin2 2.5%.5%Operating Operating MarginMargin3.3%3.3%Yen(billion)Operating ProfitOperating Profit () 200.0200.0 4040.0.0*1 Sales impacts*2 Price/Cost impacts*3 Expenses*4 Foreign currency effectsSales volume,model mixIncentiveFinanceOther- 20.0-70.0Price revisionCost reduction,etc.-50.0-50.0WarrantyFinanceOther-JPY/USD USD/Others(BRL,CAD,MXN)JPY/Asian currencies(INR,THB,VND,CNY,IDR)Other 72.0 33.5 11.5 33.0Sales impacts*1R&DExpenses*3Foreign currencyeffects*4Price/Costimpacts*2Tariff impacts191919Yen(billion)FYE March 31,2025 FYE March 31,2026ChangeChange from previous forecastResultsRevised forecastRevised forecastCapital expenditures*1537.4640.0640.0 102.5 20.0Depreciation and amortization*1456.1397.0397.0-59.1 9.0Research and development expenditures*21,210.61,200.01,200.0-10.6 10.0Forecast for FYE March 31,2026:Capital Expenditures/Depreciation and Amortization/R&D Expenditures*1 Capital expenditures as well as Depreciation in Results and Forecast shown above exclude investment in operating leases,right-of-use assets,and intangible assets.*2 Research and development expenditures are research and development activities related costs incurred during the reporting period.In accordance with IFRS,a portion of research and development expenditures is recognized as an intangible asset and amortized over its estimated useful life.As such,this amount is not in conformity with“Research and development”on Consolidated Statements of Income.*Caution with Respect to Forward-Looking Statements:Caution with Respect to Forward-Looking Statements:Accounting standards:Accounting standards:Notice on the Factors for Increases and Decreases in Income:Notice on the Factors for Increases and Decreases in Income:Unit sales:Unit sales:*Earnings per share attributable to owners of the parent is calculated based on weighted average number of shares outstanding as shown below:-1st QuarterEnded June 30,20254,823,906,000(approx.),Ended June 30,20264,202,222,000(approx.)-Twelve MonthsEnded March 31,20254,671,383,000(approx.),Forecast Ending March 31,20263,997,353,000(approx.)This presentation contains forward-looking statements about the performance and shareholders return of Honda,which are based on managements assumptions and beliefs taking into account information currently availableto it.Therefore,please be advised that Hondas actual results could differ materially from those described in these forward-looking statements as a result of numerous factors,including general economic conditions in Hondasprincipal markets and fluctuation of foreign exchange rates,as well as other factors detailed from time to time.Our consolidated financial statements are prepared in conformity with International Financial Reporting Standards(IFRS),as issued by the International Accounting Standards Board(IASB).With respect to the discussion in this presentation of the changes,identified factors and used what it believes to be a reasonable method to analyze the respective changes in such factors.Analyzed changes in these factors atthe levels of the Company and its material consolidated subsidiaries.(1)“Foreign currency effects”consist of“translation adjustments”,which come from the translation of the currency of foreign subsidiaries financial statements into Japanese yen,and“foreign currency adjustments”,which result from foreign-currency-denominated transaction.With respect to“foreign currency adjustments”,analyzed foreign currency adjustments primarily related to the following currencies:U.S.dollar,Japanese yenand others at the level of the Company and its material consolidated subsidiaries.(2)With respect to“Price and Cost impacts”,analyzed effects of changes in sales price,cost reductions,effects of raw material cost fluctuations and others,excluding foreign currency effects.(3)With respect to“Sales impacts”,analyzed changes in sales volume and in the mix of product models sold that resulted in increases/decreases in profit,changes in sales revenue of Financial services business thatresulted in increases/decreases in profit,as well as certain other reasons for increases/decreases in sales revenue and cost of sales,excluding foreign currency effects.(4)With respect to“Expenses”,analyzed reasons for an increase/decrease in selling,general and administrative expenses from the previous fiscal year excluding foreign currency translation effects.(5)With respect to“Research and Development expenses”,analyzed reasons for an increase/decrease in research and development expenses from the previous fiscal year excluding foreign currency translation effects.Motorcycle BusinessHonda Group Unit Sales is the total unit sales of completed products,including motorcycles,ATVs,and Side-by-Sides of Honda,its consolidated subsidiaries and its affiliates and joint ventures accounted for using the equitymethod.Consolidated Unit Sales is the total unit sales of completed products corresponding to consolidated sales revenue to external customers,which consists of unit sales of completed products of Honda and itsconsolidated subsidiaries.Automobile BusinessHonda Group Unit Sales is the total unit sales of completed products of Honda,its consolidated subsidiaries and its affiliates and joint ventures accounted for using the equity method.Consolidated Unit Sales is the total unitsales of completed products corresponding to consolidated sales revenue to external customers,which consists of unit sales of completed products of Honda and its consolidated subsidiaries.Certain sales of automobiles thatare financed with residual value type auto loans and other by our Japanese finance subsidiaries and provided through our consolidated subsidiaries are accounted for as operating leases in conformity with IFRS and are notincluded in consolidated sales revenue to the external customers in our Automobile business.Accordingly,they are not included in Consolidated Unit Sales,but are included in Honda Group Unit Sales of our Automobilebusiness.Power Products BusinessHonda Group Unit Sales is the total unit sales of completed power products of Honda,its consolidated subsidiaries and its affiliates and joint ventures accounted for using the equity method.Consolidated Unit Sales is the totalunit sales of completed power products corresponding to consolidated sales revenue to external customers,which consists of unit sales of completed power products of Honda and its consolidated subsidiaries.In PowerProducts business,there is no discrepancy between Honda Group Unit Sales and Consolidated Unit Sales since no affiliate and joint venture accounted for using the equity method was involved in the sale of Honda powerAppendix232323U.S.Tariff FrameworkU.S.Tariff FrameworkAdditional TariffAdditional TariffRateRate Automobile CBUImports from Canada and Mexico:U.S.content was re-examind and the amount was deducted from the import value of the vehicle,then additional tariff rate was applied.25%Imports from Japan:Updated additional tariff is applied based on the Japan-US agreement as explained in the materials from the 6thmeeting of Comprehensive Response Headquarters for U.S.Tariff Measures held by the Ministry of Economy,Trade and Industry(METI)on July 25.12.5%Automobile PartsImports from Canada and Mexico:USMCA originating parts are excluded from the scope of the additional tariff,and only USMCA non-originating parts are subject to the additional tariff.25%Imports from Japan:Updated additional tariff is applied based on the Japan-US agreement as explained in the materials from the 6thmeeting of Comprehensive Response Headquarters for U.S.Tariff Measures held by the METI on July 25.12.5%Imports from other countries:Additional tariff was applied.*125%Import adjustment offset for additional tariffs on automobile parts were reflected(with the offset amount estimated as 3.75%of theaggregated MSRP value of all units assembled in the U.S.).Raw MaterialsAdditional tariff applied to Steel,Aluminum,and Copper products50%-350Imports from Japan:Reciprocal tariff based on the materials from the 6th meeting of Comprehensive ResponseHeadquarters for U.S.Tariff Measures held by METI on July 25.15%*Imports from countries other than Canada and Mexico:The reciprocal tariff as of June 30 has been applied.*By-CountryReflecting the risk of the economic downturns in exporting countries due to reciprocal tariff.Tariff Impact Total-450Motorcycle,Power Productsand their Parts-100Estimation Assumptions(Based on officially published information as of June 30 and the outcome of Japan-U.S.agreement.)Estimation Assumptions(Based on officially published information as of June 30 and the outcome of Japan-U.S.agreement.)FY ImpactFY ImpactAmountAmount-190-160Automobile TotalForecast for FYE March 31,2026 Summary of Tariff Impact Estimation AssumptionsYen(billion)This estimation contains forward-looking statements about the performance of Honda,which is based on managements assumptions and beliefs taking into account information currently available to it.*1 For Chinese products,the estimated impact is calculated including the Section 301 additional tariff.*2 Regarding motorcycles,power products,and their parts imported from Japan,the estimation assumes that items with an MFN rate(normally applicable tariff rate)of 15%or more are subject to the MFN rate,while items with an MFN rate of less than 15%are subject to a 15%tariff.Estimated tariff impact was reduced by 200 billion yen compared to the previous forecast,reflecting the re-examination result and the modified tariff rate.242424Reference Three Months Ended June 30,2025:Change in Operating Profit*1 Sales impacts*2 Price/Cost impacts*3 Expenses*4 Foreign currency effectsSales volume,model mixIncentiveFinanceOther 116.5-0.4 10.5-76.1 Price revisionCost reduction,etc. 85.9-17.4WarrantyFinanceOther-30.5-12.9-24.1JPY/USD USD/Others(BRL,CAD,MXN)JPY/Asian currencies(INR,THB,VND,CNY,IDR)Other-38.5-11.5-7.0-29.1Yen(billion)Operating ProfitOperating Profit ()-240.5240.5-49.6 49.6 484.7484.7 50.5 50.5 68.568.5-67.567.5-81.381.3-86.186.12 244.144.1-124.6124.6Three Months Ended June 30,2024Three Months Ended June 30,2025Operating Operating MarginMargin9 9.0.0%Operating Operating MarginMargin4 4.6%.6%Sales impacts*1R&DExpenses*3Foreign currencyeffects*4Price/Costimpacts*2Tariff impacts252525Compared with Three Months Ended June 30,2024:Compared with Three Months Ended June 30,2024:-64.5 64.5 billion yen /billion yen /-1 1.2%.2%(Excluding foreign currency translation effects: (Excluding foreign currency translation effects: 312312.9 billion yen/ .9 billion yen/ 5.8%)5.8%)Three MonthsThree MonthsChange in Sales Revenue(sales revenue from external customers)Yen(billion)Sales RevenueFYE March 31,2025FYE March 31,FYE March 31,20262026ChangeChangeexcluding currency translation effects(%)Motorcycle Business937.6951.5951.5 13.9 94.7 10.1%Automobile Business3,434.63,474.63,474.6 39.9 274.5 8.0%Financial Services Business938.0831.6831.6-106.4-48.1-5.1%Power Products and Other Businesses94.482.482.4-12.0-8.3-8.8%Total5,404.85,340.25,340.2-64.5 312.9 5.8%Market average rate(Yen)U.S.Dollar 156145145Yen(billion)262626Yen(billion)ThreeMonthsJapanNorth AmericaEuropeAsiaOther Regions202420252025202420252025202420252025202420252025202420252025SalesRevenue1,355.41,300.91,300.93,329.73,366.53,366.5249.8237.2237.21,169.31,085.61,085.6319.4315.6315.6OperatingProfit130.5-9.09.0205.062.262.21.87.47.4126.0112.5112.551.148.648.6Change-139.5 billion yen-69.6% 294.8%-10.7%-4.7%Fiscal First Quarter Ended June 30,2025:Sales Revenue/Operating Profit by Geographical Segment272727Yen(billion)Three Months Ended June 302024Results20252025ResultsResultsChangeCapital expenditures91.590.990.9-0.5Depreciation and amortization120.6107.0107.0-13.6Research and development expenditures233.9229.1229.1-4.7Fiscal First Quarter Ended June 30,2025:Capital Expenditures/Depreciation and Amortization/R&D Expenditures282828Yen(billion)AssetsFYE March 31,2025Q1 Ended Q1 Ended June 30,2025June 30,2025Liabilities and EquityFYE March 31,2025Q1 Ended Q1 Ended June 30,2025June 30,2025Cash and cash equivalents 3,861.73,537.8Trade payables 1,591.01,300.3Trade receivables 1,180.1982.0Financing liabilities 645.8629.7Inventories2,464.72,357.3Other liabilities 3,751.23,657.0Investments accounted for using the equity method1,242.61,235.4NonNon-financial Services financial Services BusinessesBusinesses5,988.35,988.35,587.35,587.3Property,plant and equipment3,196.03,146.0Financing liabilities 11,085.511,078.2Other assets 4,046.93,767.5Other liabilities1,649.81,580.4NonNon-financial Services financial Services Businesses Businesses 15,992.215,992.215,026.315,026.3Finance SubsidiariesFinance Subsidiaries12,735.412,735.412,658.812,658.8Cash and cash equivalents667.0475.9Reconciling items-575.7-434.4Receivables from financial services8,930.68,950.9Total liabilitiesTotal liabilities18,148.018,148.017,811.717,811.7Equipment on operating leases5,748.15,793.4Non-financial Services Businesses equity10,003.99,439.0Other assets367.4411.4Finance Subsidiaries equity2,977.82,973.1Finance SubsidiariesFinance Subsidiaries15,713.315,713.315,631.915,631.9Reconciling items-353.9-349.3Reconciling items-929.7-783.7Total equityTotal equity12,627.812,627.812,062.812,062.8Total assets Total assets 30,775.830,775.829,874.529,874.5Total liabilities and equityTotal liabilities and equity30,775.830,775.829,874.529,874.5Three Months Ended June 30,2025:Consolidated Statements of Financial PositionDivided into Non-financial Services Businesses and Finance Subsidiaries292929Yen(billion)QTDFYE March 31,2025FYE March 31,2026ChangeChange(%)Segment Information1Q2Q3Q4Q1Q2Q3Q4QSales RevenueMotorcycle Business937.6873.0896.2919.6951.5 13.9 1.5%Automobile Business3,504.53,625.93,768.03,569.23,543.9 39.3 1.1%Financial ServicesBusiness939.3875.1848.6849.0832.6-106.7-11.4%PP&Other Businesses104.898.398.0113.292.8-12.0-11.5%Reconciling items-81.6-79.8-79.9-91.1-80.6 0.9-Total5,404.85,392.75,531.15,360.05,340.2-64.5-1.2%Operating ProfitMotorcycle Business177.6148.2175.8161.7189.0 11.3 6.4%Automobile Business222.835.1144.5-158.7-29.6-252.4-Financial ServicesBusiness84.977.782.270.685.0 0.0 0.0%PP&Other Businesses-0.7-3.2-5.3-0.0-0.2 0.5-Total484.7257.9397.373.5244.1-240.5-49.6%Operating profit from aircraft and aircraft engines-9.7-9.3-9.3-10.5-8.3 1.4-Sales Revenue/Operating Profit by Business Segment303030Unit(thousand)Honda Group Unit Sales/Consolidated Unit Sales1Q2Q3Q4Q1Q2Q3Q4QFYE March 31,2025ResultsFYE March 31,2026ForecastChangeMotorcycles5,0625,3205,1265,0645,143 8120,57221,300 728Japan5050586659 9224210-14North America132137144135142 10548535-13Europe13812796114122-16475400-75Asia4,2754,5864,3554,2624,284 917,47818,060 582Other Regions467420473487536 691,8472,095 248Automobiles8699101,038899839-303,7163,620-96Japan141161159169124-17630600-30North America406430435383457 511,6541,680 26Europe2325172817-69390-3Asia264257383278202-621,1821,090-92Other Regions3537444139 4157160 3Power Products8228318631,184828 63,7003,670-30Japan4678658962 16278250-28North America270212219319232-381,020970-50Europe134118115284179 45651700 49Asia301351364397279-221,4131,410-3Other Regions71721009576 5338340 2Consolidated Unit SalesMotorcycles3,4503,5103,4383,2873,465 1513,68514,250 565Japan5050586659 9224210-14North America132137144135142 10548535-13Europe13812796114122-16475400-75Asia2,6632,7762,6672,4852,606-5710,59111,010 419Other Regions467420473487536 691,8472,095 248Automobiles672724737707685 132,8402,830-10Japan120139138142103-17539505-34North America406430435383457 511,6541,680 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