This excerpt taken from the HMC 6-K filed Oct 28, 2008.
Unconsolidated Financial Results (compared with the forecast announced on April 25, 2008, which was not revised on July 25, 2008)
Due mainly to the negative impact of decreased revenue, model mix, etc. in motorcycle, automobile and power product businesses and the negative currency effects for the fiscal year ending March 31, 2009, more than offsetting the positive impact of decreased SG&A expenses, net sales, operating income, ordinary income and net income are now expected to be below the forecast announced on April 25, 2008.
The assumption of the average exchange rates for the fiscal year ending March 31, 2009 at which these forecasts are based on was changed to ¥ 103 = U.S.$1 from ¥ 100 = U.S.$1 and to ¥ 145 = Euro 1 from ¥ 155 = Euro 1.
(URL http://world.honda.com/investors/) announced by the Company on the same date hereof.