About Honda Motor

Honda Motor Co., Ltd. and its subsidiaries (Honda) develop, manufacture, and distribute motorcycles, automobiles, power products, and others throughout the world. The company also provides financial services to customers and dealers for the sale of those products. Honda’s business segments are the Motorcycle business operations, Automobile business operations, Financial services business operations, and Power products and other businesses operations. Motorcycle Business Honda engages in mass production of motorcycles with the Dream D-Type, followed by other models such as the Benly and the Cub F-Type. Honda is the top Japanese manufacturer. Honda expanded its business overseas by establishing American Honda Motor Co., Inc. in the United States. Honda produces a wide range of motorcycles, with engine displacement ranging from the 50cc class to the 1800cc class. Honda’s motorcycle lineup uses internal combustion engine of air- or water-cooled, and in single, two, four or six-cylinder configurations. Honda also has electric vehicles in its lineup. Honda’s motorcycle lineup consists of sports, business and commuter models. Honda also produces a range of off-road vehicles, including all-terrain vehicles (ATVs) and side-by-sides (SxS). Automobile Business Honda Automobile business operations include the T360 mini truck and the S500 small sports car models. Honda subsequently launched a series of mass-production models, including the CIVIC and the ACCORD, which established a base for its Automobile business. Honda’s vehicles use gasoline engines of three, four or six-cylinder configurations, gasoline-electric hybrid systems and gasoline-electric plug-in hybrid systems. Honda also offers other alternative fuel-powered vehicles, such as battery electric vehicles, fuel cell vehicles, and flexible fuel vehicles. Honda’s principal automobile products include the following vehicle models: Passenger Cars: ACCORD, BRIO, CITY, CIVIC, FIT, INTEGRA, and JAZZ. Light Trucks: BREEZE, CR-V, FREED, HR-V, ODYSSEY, PILOT, VEZEL, XR-V, and ZR-V. Mini Vehicles: N-BOX. Financial Services Business The company offers a variety of financial services to its customers and dealers through finance subsidiaries in countries, including Japan, the United States, Canada, the United Kingdom, Germany, Brazil and Thailand, with the aim of providing sales support for its products. The services of these subsidiaries include retail lending, leasing to customers and other financial services, such as wholesale financing to dealers. Power Products and Other Businesses Honda’s Power products business began with the introduction of the model H, its first general purpose engine. Since then, Honda has manufactured a variety of power products, including general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines and snow throwers. In 2019, Honda had renamed Power product business to Life creation business. This renaming represented Honda’s intention to evolve Power product business as a function to create new value for mobility and daily lives. In 2022, Life creation business has been renamed Power products business. In Other businesses, Honda began deliveries of the HondaJet aircraft in December 2015. Marketing and Distribution Most of Honda’s products are distributed under the Honda trademarks in Japan and/or in overseas markets. In fiscal year 2023 (year ended March 31, 2023), approximately 86% of Honda’s motorcycle units on a group basis were sold in Asia. Approximately 47% of Honda’s automobile units (including sales under the Acura Brand) on a group basis were sold in Asia followed by 32% in North America and 15% in Japan. Approximately 40% of Honda’s power products units on a group basis were sold in North America followed by 25% in Asia and 21% in Europe. Sales and Service In Japan, Honda produces and sells motorcycles, automobiles, and power products through its domestic sales subsidiaries and independent retail dealers. In overseas markets, Honda also provides motorcycles, automobiles, and power products through its principal foreign sales subsidiaries, which distribute Honda’s products to local wholesalers and retail dealers. In fiscal year 2023, approximately 97% of Honda’s overseas sales were made through its principal foreign sales subsidiaries, which distribute Honda’s products to local wholesalers and retail dealers. Honda sells spare parts and provides after-sales services through retail dealers directly or via its overseas operations, independent distributors and licensees. Components and Parts Honda manufactures the major components and parts used in its products, including engines, frames, and transmissions. Other components and parts, such as shock absorbers, electrical equipment, and tires, are purchased from numerous suppliers. History Honda Motor Co., Ltd. was founded in 1946. The company was incorporated in 1948 under the Commercial Code of Japan.

Country
Industry:
Motor Vehicles and Passenger Car Bodies
Founded:
1946
IPO Date:
01/06/1992
ISIN Number:
I_JP3854600008
Address:
1-1, Minami-Aoyama, 2 chome, Minato-ku, Tokyo 107-8556, Japan
Phone Number
81 3 3423 1111

Key Executives

CEO:
Mibe, Toshihiro
CFO
Fujimura, Eiji
COO:
Aoyama, Shinji