Honda
Honda Motor Co., Ltd. (本田技研工業株式会社, Honda Giken Kōgyō Kabushiki gaisha, lit. 'Honda Institute of Technology and Industry Company', IPA: [honda] ⓘ; /ˈhɒndə/) is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and battery-powered equipment, headquartered in Minato, Tokyo, Japan.
This article is about the multinational corporation. For other uses, see Honda (disambiguation).
Native name
本田技研工業株式会社
Honda Giken Kōgyō Kabushiki-gaisha
Hamamatsu, Japan (October 1946, incorporated 24 September 1948)
Worldwide
- Seiji Kuraishi[1]
(Chairman) - Toshihiro Mibe
(President and CEO)
¥871.2 billion (2022)[2]
¥707.0 billion (2022)[2]
¥23.97 trillion (2022)[2]
¥10.77 trillion (2022)[2]
- JTSB investment trusts (6.46%)
- TMTBJ investment trusts (4.71%)
- Chase Bank ADRs nominated by Moxley & Co. (3.09%)
- Meiji Yasuda Life (2.83%)
- Tokio Marine (2.35%)
- (As of March 2014)
Honda has been the world's largest motorcycle manufacturer since 1959,[4][5] reaching a production of 400 million by the end of 2019.[6] It is also the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year.[7] Honda became the second-largest Japanese automobile manufacturer in 2001.[8][9] In 2015, Honda was the eighth largest automobile manufacturer in the world.[10]
Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft, power generators, and other products. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, which began production in 2012. Honda has two joint-ventures in China: Dongfeng Honda and GAC Honda.
In 2013, Honda invested about 5.7% (US$6.8 billion) of its revenues into research and development.[11] Also in 2013, Honda became the first Japanese automaker to be a net exporter from the United States, exporting 108,705 Honda and Acura models, while importing only 88,357.[12]
Former products[edit]
Solar cells[edit]
Honda's solar cell subsidiary company Honda Soltec (Headquarters: Kikuchi-gun, Kumamoto; President and CEO: Akio Kazusa) started sales throughout Japan of thin-film solar cells for public and industrial use on October 24, 2008, after selling solar cells for residential use in October 2007.[76] Honda announced in the end of October 2013 that Honda Soltec would cease business operations in the Spring of 2014 except for support for existing customers and the subsidiary would be dissolved.[77]