News Releases 2011

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Japan
March 24, 2011

About the Post-March 28 Impact on Production of the Major Earthquake in Northeastern Japan, the Situation of Operations in the Tochigi Area and Recruiting Activities

TOKYO, Japan, March 24, 2011 - Following is the most current information regarding the impact of the major earthquake in Northeastern Japan on Honda's operations.

<About the suspension of production>

Honda had previously announced the suspension of production through Sunday, March 27. Today, Honda made the decision to extend the suspension of the production of finished units of automobiles at Sayama Plant at Saitama Factory (Sayama, Saitama) and Suzuka Factory (Suzuka, Mie) through Sunday, April 3, 2011. Concerning operations from April 4 on, Honda will make decisions based on the status of the recovery of Japanese society as a whole as well as the supply of parts. We deeply regret any inconvenience we may be causing our customers. Honda will resume motorcycle and power product production at Kumamoto Factory (Ozu-machi, Kikuchi-gun, Kumamoto) on Monday, March 28.

<Recovery of operations in the Tochigi area where the impact of the earthquake was more severe>

At Tochigi Factory (Moka, Tochigi), the repair and inspection activities were completed for almost all facilities and equipment.

At other operations, including the Automobile R&D Center (Tochigi) of Honda R&D Co., Ltd. and Honda Engineering Co., Ltd., associates who will work on the restoration started returning to work. However, based on the expectation that it will take several months until the complete recovery of these facilities, Honda decided to temporally transfer some functions such as the automobile product development, development of manufacturing technologies and procurement to Honda operations in other locations such as Sayama, Suzuka, and Wako.

<Recruiting activities for the next year - associates who would join the company in April 2012>

On March 14, Honda announced that the testing/interviewing of applicants from the affected areas would be conducted in June or later even without their request so that people in the affected areas can focus on their daily life and recovery efforts. Today, considering the fact that the various issues are affecting people all over Japan, Honda decided to delay the entire recruiting process by about two months so that all of applicants can enter into the process without any concerns. Based on the changes in the situation, Honda will take additional measures as needed to reduce the burden on applicants as much as possible. More details will be posted on the recruiting section of the Honda website in April.

Honda is working toward the recovery with the utmost efforts, and appreciates the understanding shown by everyone during these challenging times.

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