| This
annual report contains the consolidated financial statements
of Honda Motor Co., Ltd., and its subsidiaries, prepared for
holders of Honda American and European shares. Please note that
the financial statements appearing in the Notice of Convocation
of the 77th Ordinary General Meeting of Stockholders, which
was held in Tokyo, Japan, on June 28, 2001, were prepared on
the basis of accounting principles generally accepted in Japan
in accordance with the Japanese Commercial Code and related
solely to Honda Motor Co., Ltd., and were not consolidated with
those of its subsidiaries. On June 4, 2001, the original notice
in the Japanese language was mailed to holders of Honda common
stock in Japan and an English translation thereof was mailed
to holders of Honda American shares.
Caution
with respect to forward-looking statements
This
annual report contains forward-looking statements about the
future performance of Honda, which are based on management's
assumptions and beliefs taking into account information currently
available to it. 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 outside of the Company's control, including general
economic conditions in Honda's principal markets and foreign
exchange rates between the Japanese yen and other major currencies,
as well as other factors detailed from time to time in the
Company's reports filed with the U.S. Securities and Exchange
Commission.
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