Production, Sales and Export Results for March 2023 and April 2022 - March 2023

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales and export results for the fiscal year ended March 31, 2023 as well as for the month of March 2023.

World Production

  April 2022 - March 2023 March 2023
  Units FY on FY Units YOY
Japan 643,338 units 101.4% 72,759 units 101.4%
Outside of Japan 3,177,476 units 90.5% 349,000 units 110.0%
Total 3,820,814 units 92.2% 421,759 units 108.4%

Production in Main Regions

  North America 1,248,861 units 98.3% 134,665 units 119.9%
  USA 866,714 units 103.3% 89,614 units 124.4%
  Asia 1,862,823 units 88.4% 206,356 units 104.3%
  China 1,306,836 units 80.7% 150,244 units 102.5%

April 2022 - March 2023

Production in Japan: 1st YOY increase in 4 years

Production outside Japan: 5th consecutive year of YOY decrease

Worldwide production: 4th consecutive year of YOY decrease

March 2023

Production in Japan: 2nd consecutive month of YOY increase

Production outside Japan: 1st YOY increase in 5 months

Worldwide production: 1st YOY increase in 5 months

Sales in the Japanese Market

  April 2022 - March 2023 March 2023
  Units FY on FY Units YOY
Total 560,606 units 98.0% 72,097 units 98.1%
Registrations 262,320 units 95.5% 32,705 units 95.4%
Mini-vehicles 298,286 units 100.3% 39,392 units 100.4%

April 2022 - March 2023

Total sales in Japan: 4th consecutive year of YOY decrease

New vehicle registrations: 6th consecutive year of YOY decrease

Sales of mini-vehicles: 1st YOY increase in 4 years

March 2023

Total sales in Japan: 3rd consecutive month of YOY decrease

New vehicle registrations: 3rd consecutive month of YOY decrease

Sales of mini-vehicles: 1st YOY increase in 2 months

Exports from Japan

  April 2022 - March 2023 March 2023
  Units FY on FY Units YOY
Total 72,920 units 92.9% 7,073 units 94.5%
  North America 1,968 units 18.9% 453 units
  USA 1,853 units 17.9% 453 units
Asia 2,458 units 36.0% 547 units 208.0%
Europe 56,716 units 109.7% 5,066 units 84.5%
Others 11,778 units 123.3% 1,007 units 82.3%

April 2022 - March 2023

Total exports from Japan: 1st YOY decrease in 2 years

March 2023

Total exports from Japan: 6th consecutive month of YOY decrease