No.1-7628

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF AUGUST 2019

COMMISSION FILE NUMBER: 1-07628

HONDA GIKEN KOGYO KABUSHIKI KAISHA

(Name of registrant)

HONDA MOTOR CO., LTD.

(Translation of registrant’s name into English)

1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  ☒    Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Contents

Exhibit 1:

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

HONDA GIKEN KOGYO KABUSHIKI KAISHA

(HONDA MOTOR CO., LTD.)

/s/ Masao Kawaguchi

Masao Kawaguchi

General Manager

Finance Division

Honda Motor Co., Ltd.

Date: August 6, 2019

August 2, 2019

HONDA MOTOR CO., LTD. REPORTS

CONSOLIDATED FINANCIAL RESULTS

FOR THE FISCAL FIRST QUARTER

ENDED JUNE 30, 2019

Tokyo, August 2, 2019 — Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2019.

First Quarter Results

Honda’s consolidated sales revenue for the three months ended June 30, 2019 decreased by 0.7%, to JPY 3,996.2 billion from the same period last year, due mainly to decreased sales revenue in Automobile business, Motorcycle business, Life creation and other businesses operations as well as negative foreign currency effects, which was partially offset by increased sales revenue in Financial services business operations. Operating profit decreased by 15.7%, to JPY 252.4 billion from the same period last year, due mainly to increased selling, general and administrative expenses, a decrease in profit attributable to decreased sales revenue and model mix as well as negative foreign currency effects, which was partially offset by continuing cost reduction. Profit before income taxes decreased by 19.1%, to JPY 289.8 billion from the same period last year. Profit for the period attributable to owners of the parent decreased by 29.5%, to JPY 172.3 billion from the same period last year.

Earnings per share attributable to owners of the parent for the quarter amounted to JPY 97.92, a decrease of JPY 39.83 from the corresponding period last year. One Honda American Depository Share represents one common share.

—1—

Consolidated Statements of Financial Position for the Fiscal First Quarter Ended June 30, 2019

Total assets decreased by JPY 112.4 billion, to JPY 20,306.7 billion from March 31, 2019, mainly due to foreign currency translation effects, despite an increase in Property, plant and equipment which includes right-of-use assets through the adoption of IFRS 16. Total liabilities decreased by JPY 58.2 billion, to JPY 11,795.0 billion from March 31, 2019, mainly due to decreased Trade payables and foreign currency translation effects, despite an increase in Other financial liabilities which includes lease liabilities through the adoption of IFRS 16. Total equity decreased by JPY 54.1 billion, to JPY 8,511.6 billion from March 31, 2019 due mainly to foreign currency translation effects, despite an increase in Retained earnings attributable to Profit for the period.

Consolidated Statements of Cash Flows for the Fiscal First Quarter Ended June 30, 2019

Consolidated cash and cash equivalents on June 30, 2019 decreased by JPY 102.9 billion from March 31, 2019, to JPY 2,391.1 billion. The reasons for the increases or decreases for each cash flow activity, when compared with the same period last year, are as follows:

Net cash provided by operating activities amounted to JPY 195.5 billion of cash inflows. Cash inflows from operating activities decreased by JPY 18.8 billion from the same period last year, due mainly to increased payments for parts and raw materials, which was partially offset by decreased payment of income taxes.

Net cash used in investing activities amounted to JPY 168.1 billion of cash outflows. Cash outflows from investing activities decreased by JPY 75.8 billion from the same period last year, due mainly to decreased payments for acquisitions of other financial assets, which was partially offset by a decrease in proceeds from sales and redemptions of other financial assets.

Net cash used in financing activities amounted to JPY 83.8 billion of cash outflows. Cash outflows from financing activities increased by JPY 23.4 billion from the same period last year, due mainly to an increase in repayments of financing liabilities, which was partially offset by an increase in proceeds from financing liabilities.

—2—

Forecasts for the Fiscal Year Ending March 31, 2020

In regard to the forecasts of the financial results for the fiscal year ending March 31, 2020, Honda projects consolidated results to be as shown below:

Fiscal year ending March 31, 2020

	Yen (billions)		Changes from FY 2019
Sales revenue		15,650.0		- 1.5	%
Operating profit		770.0		+ 6.0	%
Profit before income taxes		995.0		+ 1.6	%
Profit for the year		710.0		+ 5.0	%
Profit for the year attributable to owners of the parent		645.0		+ 5.7	%
	Yen
Earnings per share attributable to owners of the parent
Basic and diluted		366.57

Note: The forecasts are based on the assumption that the average exchange rates for the Japanese yen to the U.S. dollar will be JPY 110 for the full year ending March 31, 2020.

The reasons for the increases or decreases in the forecasts of the operating profit, and profit before income taxes for the fiscal year ending March 31, 2020 from the previous year are as follows.

	Yen (billions)
Revenue, model mix, etc.		- 103.4
Cost reduction, the effect of raw material cost fluctuations, etc.		+ 118.0
SG&A expenses		+ 28.0
R&D expenses		- 7.0
Currency effect		- 50.0
The impact to Europe related to changes of the global automobile production network and capability*		+ 58.0
Operating profit compared with fiscal year ended March 31, 2019		+ 43.6
Share of profit of investments accounted for using the equity method		- 8.8
Finance income and finance costs		- 19.1
Profit before income taxes compared with fiscal year ended March 31, 2019		+ 15.6

* The impact to Europe related to changes of the global automobile production network and capability in FY2019 was JPY 68.0 billion and the forecast for the FY2020 is JPY 10.0 billion

Dividend per Share of Common Stock

Fiscal first quarter dividend is JPY 28 per share of common stock. The total expected annual dividend per share of common stock for the fiscal year ending March 31, 2020, is JPY 112 per share.

This announcement contains “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on management’s assumptions and beliefs taking into account information currently available to it. Therefore, please be advised that the actual results of the Company could differ materially from those described in these forward-looking statements as a result of numerous factors, including general economic conditions in the principal markets of the Company, its consolidated subsidiaries and its affiliates accounted for by the equity-method, and fluctuation of foreign exchange rates, as well as other factors detailed from time to time. The various factors for increases and decreases in profit have been classified in accordance with a method that Honda considers reasonable.

—3—

[1] Condensed Consolidated Statements of Financial Position

	Yen (millions)
	Mar. 31, 2019			Jun. 30, 2019
Assets
Current assets:
Cash and cash equivalents		2,494,121			2,391,188
Trade receivables		793,245			771,359
Receivables from financial services		1,951,633			1,892,869
Other financial assets		163,274			151,895
Inventories		1,586,787			1,559,036
Other current assets		358,234			350,061
Total current assets		7,347,294			7,116,408
Non-current assets:
Investments accounted for using the equity method		713,039			736,942
Receivables from financial services		3,453,617			3,385,135
Other financial assets		417,149			432,848
Equipment on operating leases		4,448,849			4,408,620
Property, plant and equipment		2,981,840			3,132,937
Intangible assets		744,368			754,026
Deferred tax assets		150,318			149,801
Other non-current assets		162,648			189,985
Total non-current assets		13,071,828			13,190,294
Total assets		20,419,122			20,306,702
Liabilities and Equity
Current liabilities:
Trade payables		1,184,882			1,054,752
Financing liabilities		3,188,782			3,001,424
Accrued expenses		476,300			442,990
Other financial liabilities		132,910			188,300
Income taxes payable		49,726			57,503
Provisions		348,763			311,324
Other current liabilities		599,761			572,437
Total current liabilities		5,981,124			5,628,730
Non-current liabilities:
Financing liabilities		4,142,338			4,171,839
Other financial liabilities		63,689			301,018
Retirement benefit liabilities		398,803			407,055
Provisions		220,745			231,858
Deferred tax liabilities		727,411			732,074
Other non-current liabilities		319,222			322,469
Total non-current liabilities		5,872,208			6,166,313
Total liabilities		11,853,332			11,795,043
Equity:
Common stock		86,067			86,067
Capital surplus		171,460			171,538
Treasury stock		(177,827	)		(177,751	)
Retained earnings		7,973,637			8,096,826
Other components of equity		214,383			70,360
Equity attributable to owners of the parent		8,267,720			8,247,040
Non-controlling interests		298,070			264,619
Total equity		8,565,790			8,511,659
Total liabilities and equity		20,419,122			20,306,702

—4—

[2] Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Comprehensive Income

Condensed Consolidated Statements of Income

For the three months ended June 30, 2018 and 2019

	Yen (millions)
	Three months ended Jun. 30, 2018			Three months ended Jun. 30, 2019
Sales revenue		4,024,133			3,996,253
Operating costs and expenses:
Cost of sales		(3,162,696	)		(3,166,483	)
Selling, general and administrative		(371,656	)		(407,449	)
Research and development		(190,398	)		(169,852	)
Total operating costs and expenses		(3,724,750	)		(3,743,784	)
Operating profit		299,383			252,469
Share of profit of investments accounted for using the equity method		54,302			44,230
Finance income and finance costs:
Interest income		11,913			14,195
Interest expense		(2,963	)		(3,595	)
Other, net		(4,353	)		(17,488	)
Total finance income and finance costs		4,597			(6,888	)
Profit before income taxes		358,282			289,811
Income tax expense		(91,560	)		(100,219	)
Profit for the period		266,722			189,592
Profit for the period attributable to:
Owners of the parent		244,330			172,302
Non-controlling interests		22,392			17,290
	Yen
Earnings per share attributable to owners of the parent
Basic and diluted		137.75			97.92

—5—

Condensed Consolidated Statements of Comprehensive Income

For the three months ended June 30, 2018 and 2019

	Yen (millions)
	Three months ended Jun. 30, 2018			Three months ended Jun. 30, 2019
Profit for the period		266,722			189,592
Other comprehensive income, net of tax:
Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans		—			—
Net changes in revaluation of financial assets measured at fair value through other comprehensive income		124			(6,348	)
Share of other comprehensive income of investments accounted for using the equity method		(1,284	)		(825	)
Items that may be reclassified subsequently to profit or loss
Net changes in revaluation of financial assets measured at fair value through other comprehensive income		(1	)		110
Exchange differences on translating foreign operations		71,534			(129,218	)
Share of other comprehensive income of investments accounted for using the equity method		(13,841	)		(14,259	)
Total other comprehensive income, net of tax		56,532			(150,540	)
Comprehensive income for the period		323,254			39,052
Comprehensive income for the period attributable to:
Owners of the parent		302,588			28,277
Non-controlling interests		20,666			10,775

—6—

[3] Condensed Consolidated Statements of Changes in Equity

As of and for the three months ended June 30, 2018

	Yen (millions)
	Equity attributable to owners of the parent																Non-controlling interests			Total equity
	Common stock		Capital surplus		Treasury stock			Retained earnings			Other components of equity			Total
Balance as of April 1, 2018		86,067		171,118		(113,271	)		7,611,332			178,292			7,933,538			300,557			8,234,095
Effect of changes in accounting policy									(46,833	)		(208	)		(47,041	)		6			(47,035	)
Adjusted balance as of April 1, 2018		86,067		171,118		(113,271	)		7,564,499			178,084			7,886,497			300,563			8,187,060
Comprehensive income for the period
Profit for the period									244,330						244,330			22,392			266,722
Other comprehensive income, net of tax												58,258			58,258			(1,726	)		56,532
Total comprehensive income for the period									244,330			58,258			302,588			20,666			323,254
Reclassification to retained earnings									80			(80	)		—						—
Transactions with owners and other
Dividends paid									(48,013	)					(48,013	)		(51,861	)		(99,874	)
Purchases of treasury stock						(43,441	)								(43,441	)					(43,441	)
Total transactions with owners and other						(43,441	)		(48,013	)					(91,454	)		(51,861	)		(143,315	)
Balance as of June 30, 2018		86,067		171,118		(156,712	)		7,760,896			236,262			8,097,631			269,368			8,366,999
As of and for the three months ended June 30, 2019
	Yen (millions)
	Equity attributable to owners of the parent																Non-controlling interests			Total equity
	Common stock		Capital surplus		Treasury stock			Retained earnings			Other components of equity			Total
Balance as of April 1, 2019		86,067		171,460		(177,827	)		7,973,637			214,383			8,267,720			298,070			8,565,790
Comprehensive income for the period
Profit for the period									172,302						172,302			17,290			189,592
Other comprehensive income, net of tax												(144,025	)		(144,025	)		(6,515	)		(150,540	)
Total comprehensive income for the period									172,302			(144,025	)		28,277			10,775			39,052
Reclassification to retained earnings									(2	)		2			—						—
Transactions with owners and other
Dividends paid									(49,287	)					(49,287	)		(44,226	)		(93,513	)
Purchases of treasury stock						(3	)								(3	)					(3	)
Disposal of treasury stock						79									79						79
Share-based payment transactions				78											78						78
Total transactions with owners and other				78		76			(49,287	)					(49,133	)		(44,226	)		(93,359	)
Other changes									176						176						176
Balance as of June 30, 2019		86,067		171,538		(177,751	)		8,096,826			70,360			8,247,040			264,619			8,511,659

—7—

[4] Consolidated Statements of Cash Flows

	Yen (millions)
	Three months ended Jun. 30, 2018			Three months ended Jun. 30, 2019
Cash flows from operating activities:
Profit before income taxes		358,282			289,811
Depreciation, amortization and impairment losses excluding equipment on operating leases		186,819			170,016
Share of profit of investments accounted for using the equity method		(54,302	)		(44,230	)
Finance income and finance costs, net		(39,201	)		(9,127	)
Interest income and interest costs from financial services, net		(29,870	)		(32,344	)
Changes in assets and liabilities
Trade receivables		25,256			9,919
Inventories		12,510			(12,930	)
Trade payables		(55,189	)		(53,045	)
Accrued expenses		(42,209	)		(34,712	)
Provisions and retirement benefit liabilities		(26,241	)		10,907
Receivables from financial services		(48,179	)		6,582
Equipment on operating leases		(48,399	)		(53,086	)
Other assets and liabilities		(21,513	)		(83,469	)
Other, net		158			1,866
Dividends received		23,344			26,632
Interest received		65,751			73,532
Interest paid		(25,757	)		(32,873	)
Income taxes paid, net of refunds		(66,818	)		(37,861	)
Net cash provided by operating activities		214,442			195,588
Cash flows from investing activities:
Payments for additions to property, plant and equipment		(144,899	)		(97,415	)
Payments for additions to and internally developed intangible assets		(37,608	)		(58,172	)
Proceeds from sales of property, plant and equipment and intangible assets		7,022			7,885
Payments for acquisitions of investments accounted for using the equity method		(2,401	)		(2,401	)
Payments for acquisitions of other financial assets		(150,294	)		(60,055	)
Proceeds from sales and redemptions of other financial assets		84,214			42,018
Net cash used in investing activities		(243,966	)		(168,140	)
Cash flows from financing activities:
Proceeds from short-term financing liabilities		1,882,899			2,049,304
Repayments of short-term financing liabilities		(1,824,528	)		(2,318,708	)
Proceeds from long-term financing liabilities		267,458			494,872
Repayments of long-term financing liabilities		(253,164	)		(219,727	)
Dividends paid to owners of the parent		(48,013	)		(49,287	)
Dividends paid to non-controlling interests		(29,227	)		(22,967	)
Purchases and sales of treasury stock, net		(43,441	)		76
Repayments of lease liabilities		(12,340	)		(17,400	)
Other, net		—			2
Net cash provided by (used in) financing activities		(60,356	)		(83,835	)
Effect of exchange rate changes on cash and cash equivalents		497			(46,546	)
Net change in cash and cash equivalents		(89,383	)		(102,933	)
Cash and cash equivalents at beginning of year		2,256,488			2,494,121
Cash and cash equivalents at end of period		2,167,105			2,391,188

—8—

[5] Assumptions for Going Concern

None

[6] Notes to Consolidated Financial Statements

[A] Changes in accounting policies

IFRS 16 “Leases”

Honda has adopted IFRS 16 “Leases” with a date of initial application of April 1, 2019. Honda used the modified retrospective approach, under which the cumulative effect of initial application was recognized as an adjustment to the opening balance of equity at the date of initial application. Therefore, the comparative information has not been restated and continues to be reported under the previous accounting policy.

Previously, Honda determined at contract inception whether an arrangement was or contained a lease under IAS 17 “Leases” and IFRIC 4 “Determining whether an Arrangement contains a Lease”. Honda assesses whether a contract is or contains a lease under IFRS 16 on or after April 1, 2019. Honda applied the practical expedient to grandfather the assessment of which a contract was or contained a lease when applying IFRS 16. Therefore, Honda applied IFRS 16 to all contracts entered into prior to April 1, 2019 and identified as leases under IAS 17 and IFRIC 4.

IFRS 16 introduced a single on-balance lease accounting model for lessees. A lessee recognizes a right-of-use asset representing its right to use the underlying asset and a lease liability representing its obligation to make lease payments. In addition, expenses related to leases change from straight-line operating lease expenses to depreciation charge for right-of-use assets and interest expense on lease liabilities. At transition, Honda recognized the lease liabilities for leases previously classified as an operating lease under IAS 17, and measured these liabilities at the present value of the remaining lease payments, discounted using Honda’s incremental borrowing rate as of April 1, 2019. The weighted average rate applied was 1.19%. The right-of-use assets were measured at the amount equal to the lease liability, adjusted by the amount of any prepaid or accrued lease payments relating to that lease recognized in the statement of financial position immediately before the date of initial application. In addition, Honda applied the following practical expedients when applying IFRS 16.

• Applied a single discount rate to a portfolio of leases with reasonably similar characteristics.

• Adjusted the right-of-use assets by the amount of any provision for onerous leases under IAS 37 “Provisions, Contingent Liabilities and Contingent Assets” recognized immediately before the date of initial application as an alternative to performing an impairment review.

• Excluded initial direct costs from the measurement of the right-of-use assets at the date of initial application.

In the condensed consolidated statements of financial position, lease liabilities are included in other financial liabilities and right-of-use assets are included in property, plant and equipment.

Honda recognized additional lease liabilities of JPY 272,232 million and total assets, mainly right-of-use assets were recognized approximately in the same amounts in the condensed consolidated statements of financial position as of April 1, 2019.

The difference between the future minimum lease payments under non-cancelable operating leases as of March 31, 2019 disclosed in the consolidated financial statements immediately before the date of initial application, and the lease liabilities recognized as of April 1, 2019, is as follows:

	Yen (millions)
Future minimum lease payments under non-cancelable operating leases as of March 31, 2019		115,634
Discounted using the incremental borrowing rate as of April 1, 2019		108,147
Add: Finance lease obligations		62,308
Add: Cancelable operating leases		11,612
Add: Extension options reasonably certain to be exercised		152,473
Lease liabilities recognized as of April 1, 2019		334,540

—9—

[B] Segment Information

Honda has four reportable segments: Motorcycle business, Automobile business, Financial services business and Life creation and other businesses, which are based on Honda’s organizational structure and characteristics of products and services. Operating segments are defined as the components of Honda for which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The accounting policies used for these reportable segments are consistent with the accounting policies used in the Company’s condensed consolidated financial statements.

Principal products and services, and functions of each segment are as follows:

Segment	Principal products and services	Functions
Motorcycle Business	Motorcycles, all-terrain vehicles (ATVs), side-by-sides (S×S) and relevant parts	Research and development Manufacturing Sales and related services
Automobile Business	Automobiles and relevant parts	Research and development Manufacturing Sales and related services
Financial Services Business	Financial services	Retail loan and lease related to Honda products Others
Life Creation and Other Businesses	Power products and relevant parts, and others	Research and development Manufacturing Sales and related services Others

* Power product business has been renamed Life creation business from April 1, 2019.

Honda expands the concept of our Power product business and continue pursuing it under a new concept of “Life Creation Business”. This renaming of the business represents our intention to evolve our business as a function to create new value for “mobility” and “daily lives”, which includes our existing Power product business as well as new businesses for the future, including energy business.

1. Segment information based on products and services

As of and for the three months ended June 30, 2018

	Yen (millions)
	Motorcycle Business		Automobile Business		Financial Services Business		Life Creation and Other Businesses			Segment Total		Reconciling Items			Consolidated
Sales revenue:
External customers		554,907		2,797,336		589,895		81,995			4,024,133		—			4,024,133
Intersegment		—		47,855		3,290		5,847			56,992		(56,992	)		—
Total		554,907		2,845,191		593,185		87,842			4,081,125		(56,992	)		4,024,133
Segment profit (loss)		92,130		151,681		57,179		(1,607	)		299,383		—			299,383
Segment assets		1,501,577		7,930,533		9,783,246		306,719			19,522,075		129,729			19,651,804
Depreciation and amortization		17,703		164,631		190,329		3,410			376,073		—			376,073
Capital expenditures		9,750		122,615		504,192		2,442			638,999		—			638,999
As of and for the three months ended June 30, 2019
	Yen (millions)
	Motorcycle Business		Automobile Business		Financial Services Business		Life Creation and Other Businesses			Segment Total		Reconciling Items			Consolidated
Sales revenue:
External customers		533,018		2,694,478		688,401		80,356			3,996,253		—			3,996,253
Intersegment		—		55,662		3,624		4,888			64,174		(64,174	)		—
Total		533,018		2,750,140		692,025		85,244			4,060,427		(64,174	)		3,996,253
Segment profit (loss)		69,873		120,375		65,782		(3,561	)		252,469		—			252,469
Segment assets		1,500,514		8,104,744		10,076,682		338,134			20,020,074		286,628			20,306,702
Depreciation and amortization		17,072		146,891		206,866		3,579			374,408		—			374,408
Capital expenditures		13,552		101,076		576,451		3,058			694,137		—			694,137

Explanatory notes:

1. Intersegment sales revenues are generally made at values that approximate arm’s-length prices.

2. Unallocated corporate assets, included in reconciling items, amounted to JPY 417,739 million as of June 30, 2018 and JPY 551,689 million as of June 30, 2019 respectively, which consist primarily of the Company’s cash and cash equivalents and financial assets measured at fair value through other comprehensive income.

—10—

In addition to the disclosure required by IFRS, Honda provides the following supplemental information for the financial statements users:

2. Supplemental geographical information based on the location of the Company and its subsidiaries

As of and for the three months ended June 30, 2018

	Yen (millions)
	Japan		North America		Europe		Asia		Other Regions		Total		Reconciling Items			Consolidated
Sales revenue:
External customers		554,143		2,177,299		172,979		918,723		200,989		4,024,133		—			4,024,133
Inter-geographic areas		586,072		136,051		64,262		176,989		2,346		965,720		(965,720	)		—
Total		1,140,215		2,313,350		237,241		1,095,712		203,335		4,989,853		(965,720	)		4,024,133
Operating profit (loss)		14,712		110,360		7,035		122,514		22,635		277,256		22,127			299,383
Assets		4,373,497		11,140,457		666,118		2,981,065		610,157		19,771,294		(119,490	)		19,651,804
Non-current assets other than financial instruments and deferred tax assets		2,581,488		4,707,715		97,930		666,829		144,446		8,198,408		—			8,198,408
As of and for the three months ended June 30, 2019
	Yen (millions)
	Japan		North America		Europe		Asia		Other Regions		Total		Reconciling Items			Consolidated
Sales revenue:
External customers		594,300		2,213,126		155,392		844,102		189,333		3,996,253		—			3,996,253
Inter-geographic areas		556,455		102,919		50,838		175,163		1,943		887,318		(887,318	)		—
Total		1,150,755		2,316,045		206,230		1,019,265		191,276		4,883,571		(887,318	)		3,996,253
Operating profit (loss)		36,672		102,701		2,600		97,961		8,479		248,413		4,056			252,469
Assets		4,766,236		11,200,662		639,831		3,043,833		619,899		20,270,461		36,241			20,306,702
Non-current assets other than financial instruments and deferred tax assets		2,922,170		4,653,618		94,351		673,137		142,292		8,485,568		—			8,485,568

Explanatory notes:

1. Major countries or regions in each geographic area:

North America	United States, Canada, Mexico
Europe	United Kingdom, Germany, Belgium, Italy, France
Asia	Thailand, Indonesia, China, India, Vietnam
Other Regions	Brazil, Australia

2. Sales revenues between geographic areas are generally made at values that approximate arm’s-length prices.

3. Unallocated corporate assets, included in reconciling items, amounted to JPY 417,739 million as of June 30, 2018 and JPY 551,689 million as of June 30, 2019 respectively, which consist primarily of the Company’s cash and cash equivalents and financial assets measured at fair value through other comprehensive income.

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[C] Other

Loss related to airbag inflators

Honda has been conducting market-based measures in relation to airbag inflators. Honda recognizes a provision for specific warranty costs when it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. There is a possibility that Honda will need to recognize additional provisions when new evidence related to the product recalls arise, however, it is not possible for Honda to reasonably estimate the amount and timing of potential future losses as of the date of this report.

For the related civil lawsuits mainly in the Unites States, Honda did not recognize a provision for loss contingencies because the conditions for a provision have not been met as of the date of this report. Therefore, it is not possible for Honda to reasonably estimate the amount and timing of potential future losses as of the date of this report because there are some uncertainties, such as the period when these lawsuits will be concluded.

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