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Annual Report 2006

Notes to Consolidated Financial Statements
Honda Motor Co., Ltd. and Subsidiaries

19. Subsequent Event

Stock Split
On April 26, 2006, the Board of Directors declared a two-for-one stock split of the Company's common stock. All shareholders of record on June 30, 2006 will receive one additional share of common stock for each share on July 1, 2006. Information pertaining to shares and earnings per share has not been restated in the accompanying consolidated financial statements and notes to the consolidated financial statements to reflect this split. This information will be presented effective after the stock split is made.



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