Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life creation and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Life creation and Other Businesses segment manufactures and sells power products, such as general purpose engines, generators, water pumps, lawn mowers, riding mowers, robotic mowers, brush cutters, tillers, snow blowers, outboard marine engines, walking assist devices, and portable battery inverter power sources. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
IPO Year:
Exchange: NYSE
Website: honda.co.jp
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/7/2023 | Equal-Weight → Overweight | Morgan Stanley | |
| 7/6/2023 | Neutral → Sell | UBS | |
| 6/20/2023 | Buy → Neutral | Nomura | |
| 2/28/2023 | Neutral → Overweight | JP Morgan | |
| 10/5/2021 | Overweight → Neutral | JP Morgan |
Morgan Stanley upgraded Honda Motor from Equal-Weight to Overweight
UBS downgraded Honda Motor from Neutral to Sell
Nomura downgraded Honda Motor from Buy to Neutral
JP Morgan upgraded Honda Motor from Neutral to Overweight
JP Morgan downgraded Honda Motor from Overweight to Neutral
Daiwa Securities downgraded Honda Motor from Buy to Outperform
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
SC 13G/A - HONDA MOTOR CO LTD (0000715153) (Subject)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
6-K - HONDA MOTOR CO LTD (0000715153) (Filer)
Honda Motor Co. (NYSE:HMC) will reduce its production of gasoline vehicles in China by 19% starting this October, marking a strategic shift toward electric vehicles. The Japanese automaker will cease operations of one production line at its joint venture Dongfeng Honda, which has an annual capacity of 240,000 units, beginning in November. Additionally, in October, GAC Honda, another of its facilities with a capacity of 50,000 units annually, will be completely shut down. These changes are part of Honda's effort to accelerate the “steady shift” to EVs, reported Bloomberg. Honda’s production capacity in China, currently around 1.5 million units, will see a reduction of 19% due to
https://asia.nikkei.com/Business/Automobiles/Honda-to-cut-China-production-capacity-for-gas-cars-by-30
Honda Motor Co (NYSE:HMC) has announced the selling price for the secondary offering of its common stock, which was approved at the Executive Council meeting held on July 4, 2024. The shares for secondary sale are priced at 1,664.5 yen each, representing a 3% discount to Wednesday’s closing price. The total value of the deal is estimated at 497 billion yen ($3.16 billion), the automaker disclosed. Insurers and financial firms aim to sell as many as 300 million Honda shares, Reuters repored. The amount includes an overallotment option depending on demand, the report added. Those selling shares include insurers and financial firms such as Tokyo Marine Holdings Inc. (OTC:TKOMY), Som
Last week, Hyundai Motor America, subsidiary of Hyundai Motor Company (OTC:HYMTF) reported its second quarter delivery figures, showing a rise in EV sales, with IONIQ 5 and IONIQ 6 EVs setting new records in the second quarters. Its IONIQ 5 is among America’s best-selling EVs. However, this week brought a cold-shower lawsuit that accuses Hyundai Motor America of artifically inflating its EV sales figures, using a false narrative to mislead the public to believe that its EV sales are growing organically, as the result of desirability of its EVs and customer demand The lawsuit for a false narrative. The lawsuit was filed in federal court in Chicago by Napleton Aurora Imports in Illinois and
Honda Motor Co., Ltd. (NYSE:HMC) disclosed that it will reportedly cease vehicle production at its Ayutthaya province factory in Thailand by 2025. The move reflects the company’s intention to consolidate production at its plant in Prachinburi province, reported Reuters. This reflects the challenging environment for Japan’s second-largest automaker in Thailand, where Chinese brands are aggressively competing for market share alongside rising consumer demand for electric vehicles. According to the report, Honda intends to transition its Ayutthaya plant, inaugurated in 1996, from vehicle production to car part manufacturing after next year. Honda will centralize vehicle production a
Nissan Motor Co., Ltd. (OTC:NSANY) and Honda Motor Co., Ltd. (NYSE:HMC) are contemplating a collaboration in the development of automotive software and EV charging infrastructure to enhance their competitiveness in the electric vehicle market. What Happened: The two Japanese automakers are considering a partnership to jointly develop operating systems and other automotive software, which could potentially reduce related costs, reported Nikkei on Wednesday. This move is intended to help the companies catch up in the EV market, where they have lagged behind competitors like Tesla Inc (NASDAQ:TSLA) and China’s BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY). Software plays a crucial role in enhanc
- Reuters
Four major Japanese property and casualty insurers are reportedly preparing to sell approximately 500 billion yen ($3.1 billion) worth of shares in Honda Motor Co. Ltd. (NYSE:HMC), signaling an accelerated trend of unwinding cross-shareholding practices. Tokio Marine Holdings, Sompo Holdings, and two units of MS&AD Insurance Group Holdings will collectively sell their stakes in Honda, reported Reuters. Additional financial institutions are also expected to reduce their Honda holdings, bringing the total sale to around 500 billion yen, the report added. Honda is poised to formally authorize the insurers to proceed with the sale. The automaker has already committed to repurchasing up
Honda Motor Co Ltd (NYSE:HMC) has continued its push into sustainable vehicles with a car that can run on hydrogen and electricity. The Car: Electric vehicle news site Electrek reviewed the Honda CR-V e:FCEV fuel cell plug-in hybrid following the Tokyo-based company’s announcement of lease costs. The fuel cell plug-in hybrid has 29 miles of range from its electric capabilities and a hydrogen tank with 241 miles of range. The CR-V, Honda’s compact SUV, is currently sold in gas and hybrid models (gas and electric capabilities). How Much Does it Cost?: Honda unveiled three leasing options for drivers wanting to drive the vehicle. Monthly payments range from $389 to $489 per month ov
In an ongoing unionization battle, the National Labor Relations Board (NLRB) has accused Honda Motor Co (NYSE:HMC) of violating workers’ rights at its Indiana plant. What Happened: The NLRB has accused Honda of unlawfully suppressing union organizing efforts at its Greensburg, Indiana factory, Reuters reported on Friday. The accusations include forcing workers to remove United Auto Workers (UAW) stickers from their safety helmets, illegal surveillance of employees, and threatening disciplinary action against union supporters. The Japanese automaker is charged with violating U.S. labor laws that protect workers’ rights to unionize and advocate for improved working conditions. If Honda d
TOKYO, Nov. 6, 2024 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first half year ended September 30, 2024. Six Months Ended September 30, 2024 (Apr. – Sep.) Total Profit: Operating Profit 742.6 bil. yen / Operating Margin 6.9%In automobile business operations, consolidated unit sales increased by 64 thousand units mainly due to strong sales of ICE / HEV models and start of full-scale EV sales in North America from the same period of the previous year. Group unit sales decreased by 155 thousand units mainly due to the decrease in sales in China.In motorcycle business operations, global sales remained strong, achieving a total of 10 m
TOKYO, Aug. 7, 2024 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2024. Q1 Ended June 30, 2024 Financial Results In motorcycle business operations, global sales volume increased, mainly in India and Brazil.Automobile business operations were robust as well. In addition to strong sales of hybrid models, the positive effect of pricing commensurate with improvement in product value led to increased profits in each of these business areas compared to the same period last year.Total Profit: Operating Profit 484.7 billion yen / Operating Margin 9.0%FYE March 31, 2025 Financial Forecast We have revised auto sale
TOKYO, June 20, 2024 /PRNewswire/ -- Honda Motor Co., Ltd. (HMC; NYSE) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2024. Honda's annual report on Form 20-F can be accessed from following web site addresses: https://www.sec.gov/ix?doc=/Archives/edgar/data/0000715153/000119312524163995/d767050d20f.htm https://global.honda/en/investors/library/form20_f.html View original content:https://www.prnewswire.com/news-releases/honda-motor-co-ltd-files-annual-report-on-form-20-f-for-fiscal-year-ended-march-31-2024-302177986.html SOURCE Honda Motor Co., Ltd.
TOKYO, Aug. 9, 2023 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first quarter ended June 30, 2023. FY24 Results Under the strengthened fixed cost structure, profitability in Automobile Business has improved by maximizing the effects of increased sales unit mainly in North America.Total Profit: Operating Profit 394.4 billion yen / Operating Margin 8.5%FY24 Forecast Remain unchanged from the previous forecast*.*Previous forecast: announced on May 11thStock Split Decided to split one share of common stock into three shares to expand the investor base by reducing the Company's stock price per investment unit.Honda's financial results ca
TOKYO, June 23, 2023 /PRNewswire/ -- Honda Motor Co., Ltd. (HMC; NYSE) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2023. Honda's annual report on Form 20-F can be accessed from following web site addresses; https://www.sec.gov/ix?doc=/Archives/edgar/data/0000715153/000119312523173074/d459191d20f.htm https://global.honda/investors/library/form20_f.html View original content:https://www.prnewswire.com/news-releases/honda-motor-co-ltd-files-annual-report-on-form-20-f-for-fiscal-year-ended-march-31-2023-301860945.html SOURCE Honda Motor Co., Ltd.
TOKYO, May 11, 2023 /PRNewswire/ -- Fiscal Year Results Honda's consolidated sales revenue for the fiscal year ended March 31, 2023 increased by 16.2%, to JPY 16,907.7 billion from the fiscal year ended March 31, 2022, due mainly to increased sales revenue in Motorcycle business as well as positive foreign currency translation effects. Operating profit decreased by 3.7%, to JPY 839.3 billion from the previous fiscal year, due mainly to decreased profit attributable to sales impacts and increased expenses including product warranty expenses, which was partially offset by positive foreign currency effects. Profit before income taxes decreased by 12.3%, to JPY 938.1 billion from the previous fi
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 30, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Honda Motor Co., Ltd (NYSE:HMC) investors that a lawsuit filed on behalf of investors that purchased Honda (NYSE:HMC) securities between June 20, 2018 and September 28, 2022, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursui
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Honda Motor Co., Ltd. (NYSE:HMC) investors that a lawsuit filed on behalf of investors that purchased Honda (NYSE: HMC) securities between June 20, 2018 and September 28, 2022, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for purs
Local and state officials join global Honda and LGES executives in groundbreaking eventNew renderings offer first look at the new EV battery facility, an initial $3.5 billion investment projected to reach $4.4 billion overallConstruction set to rapidly scale up so that the facility can be completed by the end of 2024 in support of the start of mass production at the end of 2025EV batteries from the facility, over 2 million sq. ft. in size, to be provided exclusively to Honda auto plants to produce EVs to be sold in North AmericaJEFFERSONVILLE, Ohio, Feb. 28, 2023 /PRNewswire/ -- Honda and LG Energy Solution (LGES; KRX: 373220) today held the official groundbreaking ceremony for a new joint v
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Honda Motor Co., Ltd (NYSE:HMC) investors that a lawsuit filed on behalf of investors that purchased Honda (NYSE:HMC) securities between June 20, 2018 and September 28, 2022, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuin
TOKYO, Nov. 6, 2024 /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal first half year ended September 30, 2024. Six Months Ended September 30, 2024 (Apr. – Sep.) Total Profit: Operating Profit 742.6 bil. yen / Operating Margin 6.9%In automobile business operations, consolidated unit sales increased by 64 thousand units mainly due to strong sales of ICE / HEV models and start of full-scale EV sales in North America from the same period of the previous year. Group unit sales decreased by 155 thousand units mainly due to the decrease in sales in China.In motorcycle business operations, global sales remained strong, achieving a total of 10 m
TOKYO, May 11, 2023 /PRNewswire/ -- Fiscal Year Results Honda's consolidated sales revenue for the fiscal year ended March 31, 2023 increased by 16.2%, to JPY 16,907.7 billion from the fiscal year ended March 31, 2022, due mainly to increased sales revenue in Motorcycle business as well as positive foreign currency translation effects. Operating profit decreased by 3.7%, to JPY 839.3 billion from the previous fiscal year, due mainly to decreased profit attributable to sales impacts and increased expenses including product warranty expenses, which was partially offset by positive foreign currency effects. Profit before income taxes decreased by 12.3%, to JPY 938.1 billion from the previous fi
TOKYO, Feb. 10, 2023 /PRNewswire/ -- Despite some unfavorable factors such as 1) a decrease in automobile production and unit sales due to the semiconductor supply shortage and the impact of COVID-19 in China, and 2) an increase in production costs due to an increase in the cost of raw materials and the impact of inflation, consolidated operating profit for the fiscal nine months amounted to 733.9 billion yen, a year-on-year increase by 62.2 billion yen. This was due primarily to pricing that reflects increased product value, an increase in motorcycle unit sales and favorable currency effects.Consolidated profit for the fiscal nine months attributable to owners of the parent amounted to 583.
TOKYO, Nov. 9, 2022 /PRNewswire/ -- Despite some unfavorable factors such as a decrease in automobile production and unit sales due to the impact of the semiconductor supply shortage, and an increase in the cost of raw materials, consolidated operating profit for the fiscal first half (6 months) ended September 30, 2022, amounted to 453.4 billion yen (a year-on-year increase by 11.2 billion yen). This was due primarily to pricing that reflects increased product value, a reduction of incentives, an increase in motorcycle unit sales and favorable currency effects.Consolidated profit for the fiscal first half (6 months) attributable to owners of the parent amounted to 338.5 billion yen (a year
TOKYO, Aug. 10, 2022 /PRNewswire/ -- Despite some unfavorable factors such as a decrease in automobile unit sales due to the semiconductor supply shortage and the lockdown of Shanghai, and an increase in the cost of raw materials, consolidated operating profit for the fiscal first quarter ended June 30, 2022, amounted to 222.2 billion yen (a year-on-year decrease by 20.9 billion yen), securing operating profit margin equivalent to that of the same period last year. This was due primarily to the effect of changes in sales prices and costs, a reduction of incentives and favorable currency effects.Consolidated profit for the fiscal first quarter attributable to owners of the parent amounted to
TOKYO, May 13, 2022 /PRNewswire/ -- Despite certain unfavorable factors such as the resurgence of COVID-19, a decrease in automobile unit sales due to the semiconductor supply shortage and an increase in the cost of raw materials, consolidated operating profit for the fiscal year amounted to 871.2 billion yen, a year-on-year increase by 211.0 billion yen, due primarily to success in reducing costs and controlling incentives, and favorable currency effects.Consolidated profit for the year attributable to owners of the parent amounted to 707.0 billion yen, a year-on-year increase of 49.6 billion yen.For the fiscal year ending March 31, 2023 (FY23), despite the projected increase of sales volu
TOKYO, Feb. 9, 2022 /PRNewswire/ -- Despite some unfavorable factors such as a decrease in automobile unit sales due to the supply shortage of certain parts including semiconductors and an increase in raw material cost, consolidated operating profit for the fiscal nine months amounted to 671.6 billion yen, a year-on-year increase by 224.6 billion yen, due primarily to cost reductions, control of incentives and favorable currency effects. Consolidated profit for the fiscal nine months attributable to owners of the parent amounted to 582.1 billion yen, a year-on-year increase by 138.0 billion yen. The previously announced forecast for consolidated operating profit for the current fiscal year
TOKYO, Nov. 5, 2021 /PRNewswire/ -- Despite some unfavorable factors such as the supply shortage of certain parts including semiconductors and an increase in raw material costs, consolidated operating profit for the fiscal first half (6 months) ended September 30, 2021 amounted to 442.1 billion yen, a year-on-year increase by 272.9 billion yen compared to the same period last year which was heavily impacted by the COVID-19 pandemic. This was due primarily to the positive effect of increased unit sales, cost reduction efforts and favorable currency effects. Consolidated profit for the first half (6 months) attributable to owners of the parent amounted to 389.2 billion yen, a year-on-year inc
TOKYO, Aug. 4, 2021 /PRNewswire/ -- Despite some unfavorable factors such as the semiconductor supply shortage and an increase in raw material costs, consolidated operating profit for the fiscal first quarter ended June 30, 2021 amounted to 243.2 billion yen, a year-on-year increase by 356.9 billion yen. This was due primarily to a positive effect of the company's ongoing initiatives to solidify its existing businesses as well as an increase in unit sales compared to the same period last year which was heavily impacted by the COVID-19 pandemic. Consolidated profit for the fiscal first quarter attributable to owners of the parent amounted to 222.5 billion yen, a year-on-year increase by 303.