Honda

This article is about the multinational corporation. For other uses, see Honda (disambiguation).

Honda Motor Co., Ltd.
Native name
本田技研工業株式会社
Honda Giken Kōgyō Kabushiki-gaisha
Company typePublic
IndustryManufacturing
FoundedHamamatsu, Japan (October 1946 (1946-10), incorporated 24 September 1948; 76 years ago (1948-09-24))
FounderSoichiro Honda
Headquarters
Minato, Tokyo
,
Japan
Area served
Worldwide
Key people
Products
RevenueIncrease ¥14.95 trillion (2022)[1]
Increase ¥871.2 billion (2022)[1]
Increase ¥707.0 billion (2022)[1]
Total assetsIncrease ¥23.97 trillion (2022)[1]
Total equityIncrease ¥10.77 trillion (2022)[1]
Owners
Number of employees
204,035 (2022)[2]
Divisions
Subsidiaries
List
Websiteglobal.honda

Honda Motor Co., Ltd. (Japanese: 本田技研工業株式会社, Hepburn: Honda Giken Kōgyō Kabushiki gaisha, lit. 'Honda Institute of Technology and Industry Joint-Stock Company', IPA: [honda] ⓘ; /ˈhɒndə/) is a Japanese multinational conglomerate that manufactures automobiles, motorcycles, and battery-powered equipment, founded in October 1946 by Soichiro Honda and headquartered in Minato, Tokyo, Japan.

Honda has been the world's largest motorcycle manufacturer since 1959,[3][4] reaching a production of 400 million by 19 December 2019.[5] 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.[6] Honda became the second-largest Japanese automobile manufacturer in 2001.[7][8] In 2015, Honda was the eighth largest automobile manufacturer in the world.[9]

Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, on 27 March 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.[10] 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.[11]

  1. ^ a b c d e "2022 Fiscal Year Consolidated Financial Results" (PDF). Honda IR. 13 May 2022. Archived from the original (PDF) on 6 September 2022. Retrieved 5 September 2022.
  2. ^ "2022 Financial Results (Form 20-F)" (PDF). Honda IR. 22 June 2022. Archived from the original (PDF) on 22 July 2022. Retrieved 5 September 2022.
  3. ^ Grant, Robert M.; Neupert, Kent E. (2003). Cases in contemporary strategy analysis (3rd ed.). Wiley-Blackwell. ISBN 1-4051-1180-1.
  4. ^ Johnson, Richard Alan (2005). Six men who built the modern auto industry. MotorBooks International. p. 52. ISBN 0-7603-1958-8.
  5. ^ "Honda is celebrating the production of 400 million motorcycles". hondanews.eu. Retrieved 29 May 2020.
  6. ^ Miller, Edward (18 April 2008). "First Motorcycle Airbag Earns Takata and Honda 2008 Automotive News Pace Innovation Partnership Award". Honda.com. Archived from the original on 8 March 2009. Retrieved 28 July 2009.
  7. ^ "Harga Honda Mobilio". Mobilio. Archived from the original on 10 September 2014. Retrieved 22 November 2009.
  8. ^ "The History of Honda". Cars-directory.net. Retrieved 22 November 2009.
  9. ^ "World motor vehicle production OICA correspondents survey without double counts world ranking of manufacturers year 2011" (PDF). Retrieved 29 May 2020.
  10. ^ Le top 20 des entreprises les plus innovantes du monde, Challenges, 22 October 2013
  11. ^ Ross, Jeffrey N. (29 January 2014). "Honda is first Japanese carmaker to be a net-exporter from US". autoblog. Retrieved 25 July 2014.