Annual Report 2006 Honda's History 1946 • Soichiro Honda establishes Honda Technical Research Institute 1947 • Honda's first product, the A-type bicycle engine, produced 1948 • Honda Motor Co., Ltd. incorporated (capital: 1 million yen) 1949 • Dream D-type (2-stroke, 98cc), Honda's first motorcycle, produced 1952 • Head office moved to Tokyo 1953 • H-type engine, Honda's first power product, produced 1957 • Listed on the Tokyo Stock Exchange 1958 • Super Cub motorcycle released 1959 • American Honda Motor Co., Inc. established • Honda racing team participates in the Isle of Man TT Race, taking sixth place in the 125cc class 1960 • Motorcycle production begins at Suzuka Factory • Honda R&D Co., Ltd. established 1961 • Honda racing team sweeps first 5 places in Isle of Man TT Race (125cc, 250cc) 1962 • American Depositary Receipts (ADRs) issued at market price. Adopts consolidated accounting using U.S. Securities and Exchange Commission (SEC) standards • Construction of Suzuka Circuit completed (Mie Prefecture) 1963 • Honda Benelux N.V. (Belgium) begins production of motorcycles • Honda's first sports car (S500) and light truck (T360) released 1964 • Automobile production begins at Sayama Factory (presently Saitama Factory) • Asian Honda Motor Co., Ltd. (Thailand) established 1965 • Thai Honda Manufacturing Co., Ltd. (Bangkok) established • Honda (U.K.) Limited established in London • Honda wins its first F1 victory, in Mexico 1966 • S800 sales and export begins 1967 • Automobile production begins at Suzuka Factory • Motorcycle production begins in Thailand 1968 • Cumulative motorcycle production reaches 10 million units 1969 • Canadian Honda Motor Ltd. established (presently Honda Canada Inc.) • Automobile and motorcycle production begins in Malaysia • Cumulative domestic power product production reaches 1 million units 1971 • Honda Motor do Brazil Ltda. established in Sao Paulo (presently Honda South America Ltda.) • Knockdown motorcycle production begins in Mexico 1972 • Details of CVCC low-emission engine system announced • CVCC engine, world's first to comply with the U.S. Clean Air Act of 1975, released 1973 • Motorcycle production begins in the Philippines 1974 • Motorcycle production begins in Indonesia 1975 • Automobile production begins in Indonesia 1976 • Kumamoto Factory begins operation • Motorcycle production begins at Honda Italia Industriale S.p.A. • Accord introduced • Civic cumulative production reaches 1 million units 1977 • ADRs listed on the New York Stock Exchange (NYSE) • Consolidated financial disclosure begins • Motorcycle production begins at Moto Honda da Amazonia Ltda. in Manaus, Brazil 1979 • Quarterly financial disclosure begins • Honda of America Mfg., Inc. begins motorcycle production 1981 • Listed on the London Stock Exchange 1982 • Honda of America Mfg., Inc. begins automobile production 1983 • Listed on the Zurich, Geneva and Basel stock exchanges • Cumulative automobile production reaches 10 million units 1984 • Automobile production begins in Thailand • Cumulative motorcycle production in Belgium reaches 1 million units 1985 • Listed on the Paris Stock Exchange • Motorcycle engine production begins in the U.S. • Motorcycle production begins in India • Motorcycle engine production begins in Malaysia • Cumulative power product production reaches 10 million units 1986 • Automobile production begins at Honda Canada Inc. • Motorcycle production begins in Spain • Power product production begins in France 1987 • Honda North America, Inc. established • Cumulative motorcycle production in Brazil reaches 1 million units • Cumulative motorcycle production reaches 50 million units, a world first • Cumulative Civic production reaches 5 million units 1988 • Automobile production begins in Mexico • High-performance VTEC engine announced 1989 • Common stock-to-ADR exchange ratio changed from 10 shares of common stock to 1 ADR, to 2 shares of common stock to 1 ADR. • Second automobile plant in the U.S. begins production in East Liberty, Ohio • Honda Motor Europe Ltd. (U.K.) established 1991 • Honda posts its 60th Grand Prix victory in the Brazil GP 1992 • Automobile production in the U.K. begins • Automobile production begins in the Philippines 1993 • Honda's GX120 power product engines meet California emission regulations, a world first 1994 • Automobile production begins in Pakistan 1995 • Honda introduced first gasoline-powered vehicle to meet ULEV (Ultra Low Emission Vehicle) standards in California, the U.S. • Cumulative world production for the Civic reaches 10 million units • Cumulative automobile production in North America reaches 5 million units • Cumulative automobile production reaches 30 million units 1996 • Motorcycle production begins in Turkey 1997 • Automobile production begins in Brazil • Automobile production begins in Turkey • Motorcycle production begins in Vietnam • Cumulative motorcycle production reaches 100 million units • Construction of Twin Ring Motegi completed (Tochigi Prefecture) 1998 • Honda celebrates 50th anniversary • Automobile production begins in India 1999 • Automobile production begins at Guangzhou Honda Automobile Co., Ltd. in China • Fuel cell vehicle FCX-V1 and FCX-V2 announced 2000 • Cumulative Accord production in the U.S. reaches 5 million units • ASIMO humanoid robot announced 2001 • Cumulative automobiles production in North America reaches 10 million, first for the Japanese automobile manufacturers • Motorcycle production begins at new production company in India • Minimum investment unit lowered to 100 shares, from 1,000 • Second automobile plant in the U.K. begins operations • Honda Manufacturing of Alabama, LLC in the U.S. begins operations 2002 • Common stock-to-ADR exchange ratio changed from 2 shares of common stock to 1 ADR, to 1 share of common stock to 2 ADRs • New automobile plant in Taiwan begins operations • Honda FCX fuel cell vehicle delivered both in Japan and the U.S. 2003 • Cumulative world production for the Civic reaches 15 million units • Cumulative automobile production in the U.K. reaches 1 million units • New automobile plant in Indonesia begins operations • New automobile plant in Malaysia begins operations • Honda FC STACK, a next-generation fuel cell stack capable of starting in sub-zero temperatures, announced • Cumulative motorcycle production in Indonesia reaches 10 million units • Cumulative automobile production in the U.S. reaches 10 million units 2004 • Cumulative automobile production in Canada reaches 3 million units • Honda enter cooperative agreement with General Electric to jointly market our independently developed HF118 jet engine • Cumulative motorcycle production in Thailand reaches 10 million units • Honda Motor (China) Investment Co., Ltd. established • Honda Motor RUS LLC (Russia) established • Dongfeng Honda Automobile Co. Ltd. in China begins automobile production • Second line at Alabama plant in the U.S. begins operations 2005 • New power product plant, Kumamoto factory begins operations • Cumulative motorcycle production reaches 150 million units • Honda Automobile (China) Co., Ltd. begins automobile exports • Cumulative motorcycle production in Brazil reaches 8 million units • Honda to mass produce next-generation thin-film solar cell 2006 • Cumulative worldwide production of the Super Cub series reaches 50 million units • In China, Dongfeng Honda Automobile Co., Ltd., completes factory expansion, raising annual production capacity to 120,000 units • Wuyang-Honda Motors (Guangzhou) Co., Ltd., begins production at new motorcycle factory • Cumulative production of power products reaches 70 million units • Honda Philippines begins mass production at new motorcycle plant • Honda establishes subsidiary in Ukraine • Implementation of two-for-one stock split for common shares • Common stock-to-ADR exchange ratio changed from 0.5 share of common stock to one ADR, to one share of common stock to one ADR

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