Honda Motor Company, Ltd.

Thank you very much for taking time to view our program today. Now we'd like to start Honda Motor Company Limited's fiscal year 2022 second quarter financial results presentation meeting. My name is Okamoto from Corporate Communications, facilitator for today. Allow me to introduce today's presenters. We have our director, executive vice president and representative executive officer, Mr. Seiji Kureishi. Good to see you. And director, senior managing executive director, Mr. Kohei Takeuchi. Good to see you, everyone.

I would like to begin by expressing my profound gratitude to the support given to us by our loyal customers, supporters, and all other stakeholders around the world. Currently, there are customers who are waiting harder products. We sincerely apologize for the vehicle production delay and the inconvenience caused. The drop in production attributable to a combination of Supply shortage of certain parts, including semiconductors, and lockdown in mainly Southeast Asia due to the resurgence of COVID-19 was greater than our previous forecast. As a result, FY 2022 Q2 automobile group unit sales was 917,000 units. Honda is developing alternative equivalent parts and taking other measures to promote dual source of components. We will recover production from the beginning of next year, but given the prolonged lockdown in Asia, amongst others, FY 2022 automobile group unit sales forecast is revised downward from 4.85 million units to 4.2 million units. With the cooperation from various stakeholders, we will strive to keep impact on production to a minimum, and we will work to deliver our products to our customers as early as possible. I'll move on to present the outline of FY 2022 second quarter financial results and fiscal year 2022 financial forecast. FY 2022 six-month unit sales was motorcycles, 8,173,000 units, automobiles, 1,915,000 units, Life creation business, 3,230,000 units.

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