- Overview of Honda
- Social Contribution Activities
Principal Business Segments
Honda offers a broad lineup from commuter models, which herald motorization in many regions around the globe and are loved by people the world over, to sports models that give people a taste of the joy of riding dynamics.
The Honda Super Cub continues to be an ultra long seller as a leading commuter model and cumulative global production topped 100 million units in October 2017. Honda will celebrate the 60th anniversary of the series’ launch in 2018, continuing to offer the joy of being able to go wherever and whenever one wants through daily mobility to many users around the world.
The way the commuter model is used made it the perfect candidate for electrification, and the PCX Electric electric scooter will hit markets in Asia and Japan in 2018. Honda also plans to conduct demonstration testing for electrified postal delivery motorcycles in collaboration with Japan Post Co., Ltd.
In January 2018, Honda carried out a full model change of its flagship Gold Wing for the first time in 17 years as it developed a new body and engine with the aims of realizing a “exhilarating riding experience” and “joy of maneuvering.” In doing so, Honda completely revamped the Gold Wing as a motorcycle that incorporates a variety of cutting-edge equipment along with a compact design that pursues functionality and top quality that enables the rider and passenger to share the highest level of excitement.
In this way, Honda will continue to lead the industry as a top motorcycle manufacturer.
Honda commercializes unique and personal automobiles to provide people with the joy and freedom of mobility.
Honda’s production of automobiles commenced in 1963 with the T360 and in 2016 cumulative global production reached 100 million units. Honda currently offers a diverse variety of automobiles, from the N-Box mini-vehicle sold in Japan and global models, the Accord and HR-V/Vezel, to the Ridgeline pickup truck in North America and the NSX super sports car.
Honda is targeting 2020 for reducing CO2 emissions intensity in products by 30% (compared with 2000) and 2030 for electrifying two-thirds of global automobile unit sales.
EV Concept vehicles
Honda has been providing annually a total of approximately six million power products to customers in more than 150 countries and regions based on a diverse range of items including general purpose engines, tillers, generators, snow throwers, lawnmowers, pumps and outboard engines. Further, through development and commercialization of the electrified products, Honda continues to propose products that offer new value that are useful in various facets of people’s daily lives, such as an innovative robotic lawnmower, Miimo, and a portable battery inverter power source, the LiB-AID E500.
Additionally, the Company is also leasing the Honda Walking Assist Device, an assistive device for use in the training of walking. The device has been developed based on the theory of human walking, which Honda has accumulated through its robotics technology. Attainment of the Medical Device Directive (MDD) compliance in December 2017 has enabled deployment in Europe.
Looking ahead, by improving existing internal combustion engine and proactively promoting electrification, Honda will continue to deliver products useful in everyday life to people across the world, and to realize a clean, safe and secure society.
Honda Walking Assist Device
Aircarft and Aircraft Engines
Honda began delivery of the HondaJet to the world at the end of 2015 as a new proposal for personal mobility.
Based on Honda’s proprietary technology, including Over-The- Wing Engine Mount (OTWEM), HondaJet provides a top-class mobility experience in the sky. Sales are underway in North, Central and South America as well as in Europe and Southeast Asia, and the aircraft has been very well received by the market. The HondaJet was the most-delivered jet in the small jet category for the first half of 2017 (as reported by the General Aviation Manufacturers Association (GAMA)). Honda began taking orders for the jet in China in October 2017 and in India in March 2018.
Honda has also developed an aircraft turbofan engine in collaboration with General Electric (GE). Honda Aero, Inc. was established to produce the GE Honda HF120, while GE Honda Aero Engines LLC was established as a 50-50 joint venture with GE to sell the engine. The HF120 is a lightweight, compact, high-efficiency and highperformance
turbofan engine with high thrust. Armed with these superior characteristics, sales of the HF120 engine will be expanded to include other aircraft manufacturers by leveraging the success of the HondaJet.
HF120 turbofan engine
Value Creation History
Unit Sales and Principal Operation Bases
*The graphs show unit sales (retail) of motorcycles, automobiles and power products (in units of 1,000) for FY2018. (April 2017 to March 2018)
The symbol ● represents the approximate locations of Honda Group companies.
Company name: Honda Motor Co., Ltd.
Established: September 1948
President and Representative Director, CEO: Takahiro Hachigo
Capital: 86,067 million yen (as of March 31, 2018)
Matrix Management System
Organizational Operating System
On the basis of our Fundamental Beliefs and from a long-term perspective, to support business expansion six Regional Operations functions and one Supervisory Unit have been established and are responsible for management of business operations in their respective regions.
The Business Operations for motorcycles, automobiles and power products develop medium-to-long-term plans for their respective products and coordinate efforts with regions to optimize and facilitate global business operations.
In addition, each of the Company’s functional operations — including Brand and Communication Operations; Business Management Operations; Human Resources and Corporate Governance Operations; IT Operations; Production Operations; Purchasing Operations and Customer First Operations — is providing support and coordinating
efforts to increase the effectiveness and efficiency of the Honda Group as a whole.
Figures up to FY2014 are compiled pursuant to generally accepted accounting principles in the United States (U.S. GAAP) while figures
from FY2015 and thereafter are compiled pursuant to International Financial Reporting Standards (IFRS), except for FY2014 amounts
for “Additions to property, plant and equipment / Depreciation”, which are based on IFRS and not U.S. GAAP.