Notice of Amendment of the Presentation of Consolidated Financial - PowerPoint PPT Presentation

Notice of Amendment of the Presentation of Consolidated Financial Results for the Fiscal Year Ended March 31, 2015 Honda Motor Co., Ltd. (the “Company”) released on its website today the amendment of the presentation of consolidated financial results for the year ended March 31, 2015 released on April 28, 2015 to recognize the effects of subsequent events. Particular 1. Subsequent Events The Company and its consolidated subsidiaries have been conducting market-based measures in relation to airbag inflators, such as product recalls and a Safety Improvement Campaign. Due to factors arising since May 2015 such as an expansion of the scope of these market-based measures based on an agreement between our supplier and the U.S. National Highway Traffic Safety Administration, a change has arisen in the estimate relating to product warranty expenses as announced on June 12, 2015. The Company recognized the effects of the subsequent events in its consolidated financial results. 2. Amendment Please refer to the underlined items of attached documents for the details of the amendment.

FY15 Financial Results S660 Honda Motor Co., Ltd. (Japan) April 28, 2015 1

Topics • - FY15 Consolidated Financial Results (U.S. GAAP) • - FY16 Consolidated Financial Forecast (IFRS) • - Dividend Tetsuo Iwamura Executive Vice President 2

Outline of FY15 Results Summary (Consolidated) (Results Summary) Strong sales growth in Asia, cost down effects and positive currency effects were more than offset by lower unit sales in Japan due to severe market conditions, higher SG&A expenses, including quality related costs, as well as other factors, leading to a decline in operating income to 606.8 billion yen. 12-month results FY14 and FY15 FY14 FY15 Net Sales / Operating Income Yen （ billion ） Consolidated Unit Sales Unit (thousand) 11,000 1,000 1,000 10,742 13,000 6,036 6,001 12,646.7 3,560 3,567 3,600 6,000 10,343 750.2 800 800 11,842.4 606.8 10,000 12,000 574.1 600 600 493.0 3,400 5,500 400 400 9,000 11,000 3,200 200 200 10,000 0 0 8,000 5,000 3,000 *1 Motorcycles Automobiles Power Products Operating Income Net income Net Sales 3 For *1, please refer to footnotes on page 35

FY15 Unit Sales Results FY14 FY15 Honda Group Unit Sales 12-Month Results Honda Group Unit (thousand) Unit Sales Change FY14 FY15 19,000 4,500 (thousand) 6,036 6,001 17,765 4,364 6,000 17,021 17,765 4,323 17,021 + 4.4% Motorcycles 17,000 4,250 4,364 Automobiles 4,323 + 0.9% 5,500 15,000 6,001 6,036 - 0.6% Power Products 13,000 4,000 5,000 Motorcycles Automobiles Power Products 12-Month Results Consolidated Unit Sales Consolidated Unit (thousand) Unit Sales Change FY14 FY15 12,000 3,800 (thousand) 10,343 10,742 6,036 6,001 6,000 3,560 3,567 10,742 3,600 10,343 + 3.9% Motorcycles 10,000 3,400 3,567 3,560 + 0.2% Automobiles 5,500 8,000 3,200 6,001 6,036 - 0.6% Power Products 6,000 5,000 3,000 Motorcycles Automobiles Power Products Honda Group Unit Sales - Increase in motorcycle unit sales in India, Indonesia and Vietnam more than offset decreases in S. America, Thailand - Increase in automobile unit sales due to the positive impact of new model introductions in Indonesia, India and China, which more than offset the negative impact of severe market conditions in Japan and Thailand 4

FY15 Financial Results (consolidated) 12 Months (Financial Summary) Financial Results Change FY14 FY15 Yen (billion) - Revenue increased by 6.8% mainly due to 12,646.7 Net sales 11,842.4 + 6.8% increased revenue from motorcycle business operations, as well as favorable 750.2 606.8 Operating income - 19.1% foreign currency translation effects. 4.8% Operating margin 6.3% - 1.5pt - Operating income decreased by 19.1% due to an increase in SG&A expenses, including 728.9 644.8 Income before income taxes - 11.5% quality related costs, as well as the negative 126.5 132.4 - 4.5% Equity in income of affiliates impact on income from volume and model mix despite a cost reduction contribution 574.1 493.0 Net income - 14.1% *1 and positive favorable foreign currency 273.54 *2 - 45.00 effects. EPS (Yen) 318.54 Average Rates (Yen) Yen down 110 US Dollar 100 For *1 and *2, please refer to footnotes on page 35 by 10 yen Yen down 139 Euro 136 by 3 yen FY14 FY15 1,000 1,000 1,000 13,000 1,000 12,646.7 Yen （ billion ） 750.2 800 800 728.9 800 800 644.8 11,842.4 606.8 12,000 574.1 600 600 600 600 493.0 400 400 400 400 11,000 132.4 126.5 200 200 200 200 10,000 0 0 0 0 Income before Net Sales Operating Income Equity in income Net Income *1 5 income taxes of affiliates For *1, please refer to footnotes on page 35

FY16 Financial Forecast (Consolidated) Yen (billion ) FY16 FY15 FY16 Change Forecast Results Forecast （ Reference ） U.S. GAAP IFRS U.S. GAAP Amount % 12,646.7 14,500.0 Note 1 13,850.0 Sales revenue + 1,203.2 + 9.5% 606.8 685.0 660.0 Operating profits + 53.1 + 8.8% 4.8% 4.7% 4.8% (as a percentage of sales revenue) - 135.0 Share of profit from investments accounted for using - - - - the equity method Note 2 644.8 805.0 650.0 Profit before income taxes + 5.1 + 0.8% 126.5 - 140.0 + 10.6% Equity in income of affiliates + 13.4 Profit for year attributable to owners of the 493.0 525.0 525.0 + 31.9 + 6.5% parent Note 3 273.54 291.30 291.30 Note 4 EPS (Yen) + 17.76 Average Rates (Yen) Yen down by 110 115 115 US Dollar (Yen) 5 yen Yen up by 139 125 125 Euro (Yen) 14 yen Honda’s forecast for the year ending March 31, 2016 is based on IFRS. Note 1: “Net sales and other operating revenue” in U.S. GAAP is stated as “Sales revenue” Note 2: “Equity in income of affiliates” in U.S. GAAP is stated as “Share of profit of investments accounted for under the equity method” Note 3: “Net income attributable to Honda Motor Co., Ltd.” in U.S. GAAP is stated as “Profit for the year attributable to owners of the parent” Note 4: “Basic net income attributable to Honda Motor Co., Ltd. Per common share” is stated as “Basic profit for the year attributable to owners of the parent *2 per common share”. 6

Dividend (Yen) FY15 Increase/ Increase/ FY16 FY14 Dividend per Share Results Decrease Decrease from (Expectation) from ( Projection) FY14 FY15 1 st Quarter End 20 22 + 2 ( 22 ) - 2 nd Quarter End 20 22 + 2 ( 22 ) - 3 rd Quarter End 20 22 + 2 ( 22 ) - 4 th Quarter End 22 ( 22 ) - ( 22 ) - 82 ( 88 ) ( + 6 ) Fiscal Year ( 88 ) - 7

Topics • FY15 Financial Results (U.S. GAAP) - 4 th Quarter Financial Results - Net Sales and Other Operating Revenue - Change in Income before Income Taxes - Business & Geographical Segment Information - Equity in Income of Affiliates - Capital Expenditures • FY16 Financial Forecast (IFRS) Kohei Takeuchi Managing Officer and Director Chief Financial Officer 8

Outline of FY15 4th Quarter Results Summary (Consolidated) (Results Summary) Strong sales growth in Asia and positive currency effects were more than offset by lower unit sales in Japan due to severe market conditions, higher SG&A expenses, including quality related costs, as well as other factors, leading to a decline in operating income to 67.1 billion yen. 4th Quarter Results FY14 and FY15 FY14 FY15 Unit Net Sales / Operating Income Consolidated Unit Sales Yen (thousand) (billion) 3,000 4,000 250 250 2,779 2,100 2,057 933 915 3,353.7 2,730 200 200 3,097.2 1,990 170.5 165.2 900 3,000 150 150 1,900 2,500 100 100 700 68.0 67.1 2,000 1,700 50 50 2,000 1,000 0 500 1,500 0 *1 Motorcycles Automobiles Power products Operating Income Net Sales Net Income 9 For *1, please refer to footnotes on page 35

FY15 4th Quarter Unit Sales Results 4Q Results ( 3 Months) FY14 FY15 Honda Group Unit Sales Honda Group Unit Unit Sales FY15 Change (thousands) FY14 5,000 1,300 2,200 4,500 4,615 2,057 (Thousands) 1,195 1,204 1,990 4,500 1,200 4,615 4,500 + 2.6% Motorcycles 1,900 4,000 1,100 1,204 Automobiles 1,195 + 0.8% 1,600 3,500 1,000 2,057 1,990 + 3.4% Power Products 3,000 900 1,300 Motorcycles Automobiles Power Products 4Q Results ( 3 Months) Consolidated Consolidated Unit Sales Unit Unit Sales (thousands) FY15 Change FY14 3,000 1,000 2,200 (Thousands) 2,057 2,730 2,779 933 2,800 1,990 915 2,779 2,730 + 1.8% Motorcycles 900 1,900 2,600 915 933 - 1.9% Automobiles 2,400 800 1,600 2,200 2,057 1,990 + 3.4% Power Products 1,300 2,000 700 Motorcycles Automobiles Power Products Honda Group Unit Sales - Increase in motorcycle unit sales due to strong growth in Asia and elsewhere despite a decrease in South America. - Increase in automobile unit sales due to higher sales in Asia and some other countries, while severe market conditions led to a decrease in Japan. 10