News Releases 2006
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CorporateJapanApril 24, 2006
Honda Sets 9th Straight All-Time Fiscal Year Record for Worldwide Production

TOKYO, Japan, April 24, 2006–Honda announced a summary of automobile production, Japan domestic sales, and export results for the fiscal year ended March 31, 2006, (Fiscal Year 2006) as well as for the month of March.  Honda set new all-time fiscal year records for production in North America, Europe, Asia, and China, resulting in the 9th consecutive all-time record for overseas and worldwide production.


<Production>
Fiscal Year 2006 (fiscal year ended March 31, 2006
Total Japanese domestic production for Fiscal Year 2006 decreased 2.1% compared to the previous fiscal year, due largely to a decrease in production of domestic models. This is the first time in two years, since fiscal year 2004, that domestic production declined compared to the previous fiscal year.

Overseas production for Fiscal Year 2006 increased 10.7% compared to the previous fiscal year, due mainly to production increases in North America and Asia. This is the ninth consecutive year, since Fiscal Year 1998, that overseas production exceeded the total from the previous year.

Worldwide production for Fiscal Year 2006 increased 5.7% compared to the previous fiscal year, due to an increase in overseas production. This is the ninth consecutive year, since Fiscal Year 1998, that overseas production exceeded the total from the previous year.

Honda set all-time fiscal year records for overseas and worldwide production, as well as production in North America, the U.S., Europe, Asia, and China.

March 2006
Domestic production for the month of March declined 4.1% compared to the same month a year ago due to a decrease in production of domestic models. It is the fourth consecutive month, since December 2005, that domestic production declined compared to the same month a year ago.

Overseas production in March increased 11.0%, due largely to production increases in North America and Asia. It is the eighth consecutive month, since August 2005, for an increase over the same month a year ago.

Worldwide production in March increased 5.0% due to increased overseas production. It is the eighth consecutive month, since August 2005, for an increase over the same month a year ago.

Overseas and worldwide production as well as production in North America, the U.S., Asia and China achieved a new all-time monthly record for sales in any month. 

<Japan Domestic Sales>
Fiscal Year 2006 (fiscal year ended March 31, 2006)
Total domestic auto sales for Fiscal Year 2006 declined 1.0% compared to the previous fiscal year. It is the fourth consecutive year, since Fiscal Year 2003, for total domestic sales to decline compared to the previous year.

Despite a drop in sales for models such as Fit and Odyssey due to stabilizing demand, overall new vehicle registrations (passenger car and light truck sales, not including mini vehicles) for Fiscal Year 2006 increased 0.5% compared to the previous fiscal year, due to increased sales of the all-new Airwave and StepWGN, which were introduced earlier in the year.  It is the second consecutive year, since Fiscal Year 2005, for new vehicle registrations to exceed the total from the previous year.

Sales of mini vehicles for Fiscal Year 2006 declined 3.9% compared to the previous year due to stabilizing demand for the Life and That’s models. It is the fifth consecutive year, since Fiscal Year 2002, that total mini vehicle sales declined compared to the previous year.

March 2006
Total domestic auto sales of 99,001 units for the month of March represents a 6.8% increase compared to the same month a year ago, due to increased sales in both the mini vehicle category and new vehicle registrations (passenger car and light truck sales). This is the first time in five months, since October 2005, that domestic auto sales exceeded the total from the same month a year ago.

New vehicle registrations (passenger car and light truck sales, not including mini vehicles) for the month of March increased 6.1% compared to the same month a year ago due mainly to increased sales of models such as StepWGN and Airwave. This is the first time in four months, since November 2005, that new vehicle registration exceeded the total from the same month a year ago.  Sales of mini vehicles also increased 7.9% in March compared to the same month a year ago due to increased sales of the Zest.  This is the first time in five months, since October 2005, that mini vehicle sales exceeded the total from the same month a year ago.

The Life was Honda’s best selling vehicle in March on sales of 15,959 units, to rank as the industry’s fourth best selling mini vehicle. Fit and StepWGN ranked as Honda’s second and third best selling vehicles for the month.  Fit had sales of 15,541 units, the third best selling car among new vehicle registrations (not including mini vehicles), while StepWGN had sales of 13,075 units, the fifth best selling car among new vehicle registrations in the industry. The Zest was Honda’s fourth best selling vehicle for the month of March on sales of 8,684 units, to rank as the 10th best selling mini vehicle in the industry.

<Exports>
Fiscal Year 2006 (fiscal year ended March 31, 2006)
Total exports for Fiscal Year 2006 of 538,844 units, were up 1.5% compared to the previous year, due mainly to strong sales in North America of the Civic and the Acura TSX (known as Accord in Japan). It is the second consecutive year, since Fiscal Year 2005, for exports to increase slightly from the total from the previous year.

March 2006
Auto exports for the month of March totaled 52,790 units, a 22.3% increase compared to the same month a year ago, due mainly to increased export of models such as Fit and CR-V to North America.  This is the first time in two months, since January 2006, that exports exceeded the total from the same month a year ago.


PRODUCTION, SALES, EXPORTS (March 2006)

Production
  *Fiscal Year 2006 March 2006 Year-to-date Total
Jan-Mar 2006
Units
vs.FY05
Units
vs.3/'05
Units
vs.2005
Domestic
(CBU+CKD)
1,243,368
-2.1%
122,418
-4.1%
329,583
-5.3%
Overseas
(CBU only)
2,199,501
+10.7%
214,466
+11.0%
575,975
+9.8%
Worldwide Total
3,442,869
+5.7%
366,884
+5.0%
905,558
+3.8%
*(April/01/2005 - March/31/2005)

Production by region
  *Fiscal Year 2006 March 2006 Year-to-date Total
Jan-Mar 2006
Units
vs.FY05
Units
vs.3/'05
Units
vs.2005
North America
1,369,619
+10.3%
131,107
+6.3%
363,009
+6.1%
(USA only)
962,815
+16.2%
93,523
+9.4%
258,321
+9.7%
Europe
189,794
+0.1%
18,819
+11.9%
51,869
+6.0%
Asia
559,940
+16.4%
56,373
+23.7%
139,534
+21.2%
(China only)
288,177
+21.6%
30,957
+35.4%
73,436
+40.3%
Others
80,148
+7.9%
8,167
+8.4%
21,563
+19.0%
Overseas Total
2,199,501
+10.7%
241,466
+11.0%
575,975
+9.8%
*(April/01/2005 - March/31/2005)

Japan Domestic Sales
Vehicle type *Fiscal Year 2006 March 2006 Year-to-date Total
Jan-Mar 2006
Units
vs.FY05
Units
vs.3/'05
Units
vs.2005
Registrations
467,083
+0.5%
62,958
+6.1%
121,089
-0.1%
Mini Vehicles
242,633
-3.9%
36,043
+7.9%
63,157
-6.3%
Honda Brand Total
709,716
-1.0%
99,001
+6.8%
184,246
-2.3%
*(April/01/2005 - March/31/2005)

Export from Japan
  *Fiscal Year 2006 March 2006 Year-to-date Total
Jan-Mar 2006
Units
vs.FY05
Units
vs.3/'05
Units
vs.2005
North America
263,233
+3.8%
32,782
+30.6%
85,186
+15.6%
(USA only)
235,840
+3.1%
29,666
+34.7%
76,491
+16.9%
Europe
145,301
-3.4%
8,779
-8.6%
40,181
+10.4%
Asia
17,047
-13.5%
2,151
+106.2%
4,896
+5.0%
Others
113,263
+5.9%
9,078
+22.5%
25,381
+1.9%
Total
538,844
+1.5%
52,790
+22.3%
155,644
+11.4%
*(April/01/2005 - March/31/2005)
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