Fumihiko Ike – Chief Financial Officer, Senior Managing Officer and Director Kohei Takeuchi – Operating Officer, General Manager of Accounting Division

Welcome to the Honda Financial Results Audio Presentation. On October 29, 2012, Honda Motor Company announced its Financial Results for the Fiscal Second Quarter, which ended on September 30, 2012. Through this audio presentation, we would like to review the financial results and highlight the major factors which influenced Honda’s business operations during the period. The presentation material, which will serve as the basis for today’s program is available on Honda’s Investor Relations website at http://world.honda.com/investors. For those of you, who have not yet downloaded the material, please do so now, as we will start immediately following our forward-looking statement. This audio presentation contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. Such statements are based on management’s assumptions and beliefs taking into account information which is currently available. Therefore, please be advised that Honda’s actual results could differ materially from those described in these forward-looking statements as a result of numerous factors including general economic conditions in Honda’s principal markets, and foreign exchange rates between the Japanese yen and the U.S. dollar, the euro and other major currencies, as well as other factors detailed from time to time. The various factors for increases and decreases in income have been classified in accordance with a method that Honda considers reasonable. Before explaining the results, we would like to briefly review the global business environment during the past quarter. The automobile industry in the U.S. continued a steady recovery from the sales slowdown in the same period last year, which resulted from supply constraints following the earthquake. Eco car incentives boosted sales in Japan while Europe was down sharply despite robust growth in Russia. Sales in Asia were led by a strong…