Honda Motor Co Ltd - Company Profile
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Business Description
Honda Motor Co Ltd (Honda) manufactures and markets automobiles, motorcycles, power products, and vehicles for the sea.
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R&D Overview
Honda is engaged in various R&D initiatives across its business segments, focusing on creating distinctive and internationally competitive products. The company is advancing its electrification business, developing new technologies for motorcycles, automobiles, and power products, and working towards achieving carbon neutrality. Key initiatives include the development of electric motorcycles, the introduction of new hybrid systems in automobiles, and advancements in power products like outboard motors and lawnmowers. The company is also investing in next-generation technologies such as all-solid-state batteries and fuel cell modules. The R&D units of Honda Motor Co Ltd include Honda R&D Co., Ltd., and Honda Development and Manufacturing of America, LLC. These units are primarily responsible for conducting product-related R&D and production technology research, working closely with other entities and businesses in their respective regions. As of March 31, 2025, Honda Motor Co Ltd owned more than 11,800 patents in Japan and more than 25,400 patents abroad. The company also had applications pending for more than 4,700 patents in Japan and for more than 10,600 patents abroad. In FY2025, the company spent JPY1,099,482 million on R&D, which as a percentage of revenue stood at 5.1% and grew 19% YoY.
Business Segments
- Automobile Business
- Motorcycle Business
- Power Product and Other Businesses
- Financial Services Business
Overview
Produces passenger cars, light trucks, and mini vehicles. Vehicle features gasoline engines of three, four, or six-cylinder configurations; diesel engines; gasoline-electric hybrid systems; and gasoline-electric plug-in hybrid systems. Also offers other alternative fuel-powered vehicles such as ethanol, battery-electric, and fuel cell vehicles. Major passenger cars: Accord, Fit/Jazz, Civic, and City; light trucks: Breeze, Odyssey, CR-V, Vezel/HR-V, Pilot, Acura RDX and XR-V; and mini vehicles: N-BOX. In FY2025, the segment incurred a capital expenditure of JPY457,436 million, which grew 45% YoY.
Performance
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Overview
Produces motorcycles with engine displacement ranging from the 50cc class to the 1800cc class. Products feature internal combustion engines air- or water-cooled, and in single, two, four, or six-cylinder configuration. Offers electric vehicles, sports, business, and commuter models. Produces a range of off-road vehicles, including all-terrain vehicles (ATVs) and side-by-side (SxS). In FY2025, the segment incurred a capital expenditure of JPY75,156 million, which grew 31.3% YoY.
Performance
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Overview
Produces general purpose engines, outboard marine engines, lawn mowers, riding mowers, water pumps, brush cutters, tillers, walking assist devices, snow blowers, robotic mowers, generators, and portable battery inverter power sources. In FY2025, the segment incurred a capital expenditure of JPY16,415 million, which grew 12% YoY.
Performance
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Overview
Provides retail lending and leasing services to customers and wholesale financing to dealers and customers. Offers services through subsidiaries in Japan, the US, Canada, the UK, Germany, Brazil and Thailand. In FY2025, the segment incurred a capital expenditure of JPY3,122,594 million, which grew 27.5% YoY.
Performance
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Geographical Segments
Target Markets
Thailand, India, China, Indonesia, and Vietnam.
Performance
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Target Markets
The UK, Germany, France, Belgium, and Italy.
Performance
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Performance
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Target Markets
The US, Canada, and Mexico.
Performance
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Target Markets
Brazil and Australia.
Performance
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