How's It Going? is the third studio album by Japanese boy band Arashi. The album was released in Japan on July 9, 2003, under their record label J Storm in two editions: a regular and limited edition, with the latter bearing a different cover art and a booklet. It was released digitally on February 7, 2020.

Arashi is a Japanese boy band consisting of five members formed under the Johnny & Associates talent agency. The members are Satoshi Ohno, Sho Sakurai, Masaki Aiba, Kazunari Ninomiya, and Jun Matsumoto. Arashi officially formed on September 15, 1999, in Honolulu, Hawaii, and made their debut CD on November 3, 1999. The group was initially signed to Pony Canyon and released one studio album and six singles—beginning with their 1999 eponymous debut single before moving to the Johnny's subsidiary label J Storm in 2001, which was initially set up for their succeeding releases. While their debut single sold close to a million copies, the group took a mixture of pop and alternate/contemporary approach to its music which attracted core followers, but subsequently faced commercially slow sales.