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Outline of Financial Results for FY2011 Third Quarter

Tuesday, February 7th, 2012

Consolidated net sales of the third quarter (April 2011 to December 2011) decreased for the first time in two corresponding periods by ¥129.7 billion (6.7%) to ¥1,798.0 billion year-on-year due to the impact of the Great East Japan Earthquake and the yen appreciation as well as the decrease of automobile sales in India.

Operating income decreased by ¥4.8 billion (5.1%) to ¥87.7 billion year-on-year. Although there were factors of income decrease such as decreased sales and impact of the exchange rate, the Group was able to limit the fall in operating income at this level as a result of taking various measures such as cost reduction and decrease of expenses.

Net income decreased by ¥2.0 billion (4.7%) to ¥40.6 billion year-on-year. Although there were factors of income decrease such as a provision for disaster in the amount of ¥17.5 billion in addition to decreased ordinary income, the Group was able to limit the fall in net income at this level, owing to factors of income increase such as gain on sale of investment securities by ¥9.2 billion from sales of the stock of the company related to General Motors, decrease of minority interests in income by ¥7.0 billion, and other factors of income increase.

In the motorcycle business, although sales in Europe decreased, due to the increase of wholesales in North America, sales increased by ¥2.5 billion (1.3%) to ¥188.8 billion year-on-year. Operating income improved by ¥4.2 billion year-on-year, but due to the impact of the yen appreciation and the floods in Thailand, there was operating loss of ¥2.8 billion.

In the automobile business, the Japanese domestic market sales decreased year-on-year. The Group had great sales of the Solio and had been attempting to expand its sales by strengthening the lineup with the launching of new models such as the Wagon R with Engine Auto Stop Start System and the Alto Eco, but was unable to recover from the decrease due to the impact of the Great East Japan Earthquake. As for the overseas, sales in areas such as Asia, Europe, and North America decreased year-on-year due to the impact of the yen appreciation and sales decrease at Maruti Suzuki Ltd. in India.

Sales of the marine and power products, etc. business increased by ¥1.5 billion (4.6%) to ¥35.0 billion year-on-year, but the operating income decreased by ¥0.4 billion (8.1%) to ¥4.7 billion year-on-year.
As for the operating results by geographical areas, North America returned to profitability from its operating loss of ¥2.5 billion in the same period of the previous fiscal year to operating income of ¥0.3 billion in this period.

Source: http://www.globalsuzuki.com/globalnews/2012/0206.html

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Mazda posts record sales and market share

Monday, February 6th, 2012

mazda3-record-salesMazda Australia has smashed its previous January best with 8,479 sales last month, providing it with an 11.0 per cent market share, according to official VFACTS figures released . This is an increase of 1,279 new vehicles or 17.8 per cent on last January and in addition to its record market share also makes it Mazda’s fourth best month ever.

There were several star performers across the range with Mazda3, Australia’s best-selling car in 2011, picking up where it left off with 4,045 sales to again top the sales charts. This is now the third time in the past year that the Mazda3 has found more than 4,000 buyers in a single month. In the light segment, Mazda2 kept its lead position with 1,624 January sales and its third strongest month ever. This is a 19% increase over the same month last year.

Mazda6 started the new year in style. Recently upgraded with leather upholstery and parking sensors across the range, Mazda6 record 663 sales, its strongest month in over a year. Also vying for the limelight was CX-7 which secured its best ever result with 1,167 sales to claim second place in the hotly contested Medium SUV segment. And with the All-New CX-5 about to hit Australian shores, Mazda is optimistic about achieving further SUV sales success.

Mazda Australia managing director, Doug Dickson said, “We are both delighted and humbled by customer acceptance of our whole range during January. While we are quietly confident of a strong year, particularly with the imminent launch of our all-new CX-5, our primary focus will remain on looking after our customers.

Source: http://www.mazda.com.au/community/news/2012/2/mazda-posts-record-sales-and-market-share

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Consolidated Financial Summary for the Fiscal 3rd Quarter ended

Monday, February 6th, 2012

Tokyo, Japan – Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal third quarter ended December 31, 2011.Despite the enormous impact of the flooding in Thailand to the company’s business and the unfavorable currency effects due to the appreciation of the Japanese yen, consolidated operating income for the fiscal third quarter.

As per the previously announced forecast, the quarterly dividend for the fiscal third quarter will be 15 yen per share of common stock with the record date of December 31, 2011. Despite the negative impact of the Great East Japan Earthquake, the flooding in Thailand, and the appreciation of the Japanese yen, the total annual dividend per share of common stock to be paid for this fiscal year (ending March 31, 2012) is also expected to remain 60 yen as per the previously announced forecast.

With companywide efforts to minimize the negative impacts of the decline in worldwide automobile production because of the Great East Japan Earthquake and the flooding in Thailand, and the historic appreciation of the Japanese yen, Honda made a revision to the forecasts for the consolidated financial results for this fiscal year as follows with:

Net sales and other operating revenue: 7,850 billion yen
Operating income: 200 billion yen
Income before income taxes: 250 billion yen
Net income*1: 215 billion yen

These forecasts are based on the assumption of worldwide automobile sales of 3.15 million units and the average currency exchange rates of 77 yen = USD 1 and 97 yen = Euro 1 for the fiscal fourth quarter and 78 yen = USD 1 and 106 yen = Euro1 for the fiscal year.

Source: http://world.honda.com/news/2012/c120131Financial-Summary/index.html

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Mazda Opens 2012 With Record Sales

Saturday, February 4th, 2012

IRVINE, Calif. – Mazda North American Operations (MNAO) today reported its best January since 1994 with U.S. sales of 23,996 vehicles, accounting for a huge increase of 68.2 percent versus last year.Having the right cars on the dealer lots, combined with heavy advertising weights over the holiday season raising shopper awareness, resulted in many Mazda vehicles reporting record sales.

Mazda3 sales of 9,200 vehicles accounted for a 83.4 percent increase over last year and its best-ever January. The new 2012 Mazda3 features Mazda’s innovative SKYACTIV-G engine and SKYACTIV-Drive automatic transmission that achieves up to 40 MPG on the highway, and is a “2012 Top Safety Pick” by the Insurance Institute for Highway Safety.

Mazda CX-7 and CX-9 crossover SUV sales were up 32.6 percent and 1.6 percent respectively with 3,125 CX-7 and 2,087 CX-9 vehicles sold. This marks the best-ever January for both vehciles.

Rounding out January sales for the North American market, Mazda Motor de Mexico (MMdM) reported its best-ever January, with sales of 2,579 vehicles, accounting for a 14.0 percent increase versus last year. Mazda Canada, Inc. (MCI) sold 3,727 vehicles in January, up 1.0 percent compared to last January.

Mazda North American Operations is headquartered in Irvine, Calif. and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada and Mexico through nearly 900 dealers. Operations in Canada are managed by Mazda Canada, Inc., located in Ontario; and in Mexico by Mazda Motor de Mexico in Mexico City.

Source: http://www.mazdausamedia.com/content/mazda-opens-2012-record-sales

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January 2012 Sales Conference Call

Friday, February 3rd, 2012

The momentum we saw building during the fourth quarter of last year picked up speed in January.Industry sales should come in with a SAAR of about 14 million, up from December.That’s the industry’s best start to the New Year since 2008 and another reason we’re optimistic about the coming year. For Toyota Motor Sales, total Toyota, Lexus and Scion sales of 124,540 were up 7.5 percent from a pretty good January of last year.

The Toyota Division was up 9 percent, thanks in part to a 56 percent jump in the all-new Camry.Frankly, the Camry results could have been even better.Not only is Camry retaining owners at record levels, the Camry SE is bringing in new and younger buyers at levels we have not previously experienced, with a median age of 45. As a result, demand for the SE model continues to top the Camry lineup and we could have sold more in January if we had them.

So we’re adjusting our SE production mix in order to better meet customer demand in the months ahead, going from about 8 percent for the previous generation Carmy, to more than 40 percent for the current production mix.And even though the new Camry hybrid didn’t start arriving at dealerships until late last year, January sales of more than 2,100 were up 146 percent.Those of you who have driven the Camry Hybrid know it’s a special car.And I’m sure being named best family sedan by Consumer Reports has provided an added boost.

We expect Camry Hybrid volume will continue to grow as availability improves, with a target this year of about 50,000 units. Prius also had a good month, with sales up 8.7 percent. Prius will add a new family member in March, when the new Prius c goes on sale. I’ve been attending the Prius c launch meetings the past couple of days and the response has been very positive.Value will be a big story, with prices starting under $19,000.

That’s about $4,000 less than the current Prius Liftback, and less than the original Prius when it went on sales 12 years ago.On the truck side, the Tacoma has been on a roll since it was updated last fall, and helped push total Toyota pickup truck sales up 9 percent in January.

Source: http://pressroom.toyota.com/releases/january+2012+sales+conference+call.htm

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