3. Honda conducts its operations in various regions of the world
Honda conducts its businesses worldwide, and in several countries, Honda conducts businesses
through joint ventures with local entities, in part due to the legal and other requirements of those
countries. These businesses are subject to various regulations, including the legal and other
requirements of each country. If these regulations or the business conditions or policies of these
local entities change, it may have an adverse affect on Honda's business, financial condition or
results of operations.
3. Honda conducts its operations in various regions of the world
Honda conducts its businesses worldwide, and in several countries, Honda conducts businesses
through joint ventures with local entities, in part due to the legal and other requirements of those
countries. These businesses are subject to various regulations, including the legal and other
requirements of each country. If these regulations or the business conditions or policies of these
local entities change, it may have an adverse affect on Honda's business, financial condition or
results of operations.
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