Unidentified Company Representative
Management
Good morning everyone. Welcome to Honda’s Financial Results Audio Presentation. On October 31, 2011 Honda Motor announced its financial results for the fiscal second quarter ended March 31, 2012. Through this audio presentation, we would like to review the financial results and discuss the major factors affecting Honda's business during the period. Please note that Honda is currently unable to reasonably calculate forecasts of the consolidated financial results for the fiscal year ending March 31, 2012 due to the impact of flooding in Thailand. Therefore Honda will release its forecast as soon as they become available. We have posted presentation materials at Honda Investor Relations website at http://world.honda.com/investors/. So please download the presentation material before listening further, by clicking the link on the all new 2012 CR-V photo to download the material. If you have got the material ready at hand, let's get started. This audio presentation 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 Honda’s actual results could differ materially from those described in these forward-looking statements as a result of numerous factors including general economic conditions in Honda’s principal markets and foreign exchange rates between the Japanese yen and the U.S. dollar, Euro and other major currencies as well as other factors detailed from time to time. The various factors for increases and decreases in income have been classified in accordance with a method that Honda considers reasonable. Now I would like to start with the financial summary for the second quarter that ended on September 30, 2011. Please have a look at the slide three.…