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2025-07-02
From April 1, 2025 to June 30, 2025, the company has repurchased 260,924,500 shares, representing 6% for ¥362,877.32 million. With this, the company has completed the repurchase of 553,628,000 shares, representing 12.31% for ¥792,995.14 million under the buyback announced on December 23, 2024.
2025-07-02
Honda Motor Co., Ltd. Presents at Nikkei Automotive Ethernet Tech Days, Jul-03-2025 through Jul-04-2025. Venue: Kyoto, Japan. Presentation Date & Speakers: Jul-03-2025, Takumi Nomura, Vice Chair, JASPAR Next Generation High-Speed Network WG. Jul-04-2025, Takumi Nomura, Vice Chair, JASPAR Next Generation High-Speed Network WG.
2025-06-26
Honda Motor Co., Ltd. at the AGM held on June 19, 2025, approved the election of Katsushi Inoue as Director.
2025-06-26
Honda Motor Co., Ltd. has completed a Fixed-Income Offering in the amount of $1.3 billion. Security Name: 4.688% Senior Unsubordinated Unsecured Notes due July 8, 2030 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $1.3 billion Price\Range: 100% Discount Per Security: 0.35% Security Features: Callable; EuroBonds; Eurodollar bonds; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-26
Honda Motor Co., Ltd. has completed a Fixed-Income Offering in the amount of $1 billion. Security Name: 5.337% Senior Unsubordinated Unsecured Notes due July 8, 2035 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $1 billion Price\Range: 100% Discount Per Security: 0.45% Security Features: Callable; EuroBonds; Eurodollar bonds; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-26
Honda Motor Co., Ltd. has completed a Fixed-Income Offering in the amount of $700 million. Security Name: 4.436% Senior Unsubordinated Unsecured Notes due July 8, 2028 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $700 million Price\Range: 100% Security Features: Callable; EuroBonds; Eurodollar bonds; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-25
Honda Motor Co., Ltd. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsubordinated Unsecured Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; EuroBonds; Eurodollar bonds; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-25
Honda Motor Co., Ltd. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsubordinated Unsecured Notes due 2035 Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; EuroBonds; Eurodollar bonds; Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-25
Honda Motor Co., Ltd. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsubordinated Unsecured Notes due 2028 Security Type: Corporate Bond/Note (Non Convertible) Security Features: Senior; Unsecured; Unsubordinated Coupon Type: Fixed
2025-06-25
Greater Than announced a new research and development partnership with multinational automotive manufacturer Honda, focused on quantifying crash risk through deep AI-driven data insights. The R&D initiative will analyze large-scale anonymized driving data to identify areas with high crash risk. By applying Greater Than's globally unique AI technology that measures the driver influence on risk, the project will identify reasons for elevated crash risks in specific geographical areas, providing scope for targeted and informed changes to reduce risk. In the first phase of the project, Greater Than will apply its AI technology, trained for over 20+ years using real-life driving data, to uncover meaningful risk insights from the anonymized driving data and draw conclusions on the factors contributing to risk level across different geographical areas in Japan. Greater Than will then overlay data such as road types, infrastructure and nearby buildings, to understand how external surroundings influence crash risk. This collaboration highlights the growing role of predictive AI in transforming the mobility landscape with a safety-first mindset.
2025-06-23
Mitsuba Corporation (TSE:7280) agreed to acquire 30% stake in Pt. Mitsuba Indonesia from Honda Motor Co., Ltd. (TSE:7267) for approximately IDR 610 million on February 28, 2025. Following the acquisition, Pt. Mitsuba Indonesia will become a wholly owned subsidiary of Mitsuba Corporation. The expected completion of the transaction is March 17, 2025.
2025-06-20
Honda Motor Co., Ltd. has filed a Shelf Registration. Security Name: Senior Debt Securities
2025-05-27
Ordinary general meeting of shareholders
2025-05-20
Honda Motor Co., Ltd., Annual General Meeting, Jun 19, 2025, at 10:00 Tokyo Standard Time. Location: 1f event hall, bellesalle shinjuku grand, 8-17-3 nishi-shinjuku, shinjuku-ku, tokyo, Japan Agenda: To consider the Business Report, Consolidated Financial Statements and Unconsolidated Financial Statements for the 101st Fiscal Year (from April 1, 2024 to March 31, 2025); to consider the Results of the Audit of the Consolidated Financial Statements for the 101st Fiscal Year (from April 1, 2024 to March 31, 2025) by the Independent Auditors and the Audit Committee; to consider the Election of Twelve Directors; and to consider other matters.
2025-05-19
Honda Motor Co., Ltd., Board Meeting, May 19, 2025. Agenda: To convene matters in regard to convening the Company's upcoming Ordinary General Meeting of Shareholders 2025.
2025-05-17
Honda Motor Co., Ltd. ("Honda") announced that due to the current slowdown in EV demand, Honda has decided to postpone by approximately two years its plan, announced on April 25, 2024, to build a comprehensive EV value chain in Canada to strengthen its EV supply chain in North America. Honda will announce the specific timing of the resumption of the project once it has been finalized, while keeping a close eye on further market demands.
2025-05-16
Honda Motor Co., Ltd. announced year end dividend of JPY 34.00 per share for the Fiscal year ended March 31, 2025 compared to JPY 39.00 per share paid for same period a year ago. Scheduled date to commence dividend payments is: June 5, 2025.
2025-05-16
Honda Motor Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2026. The company expects sales revenue to be ¥20,300,000 million, Profit for the year to be ¥325,000 million, Earnings per share attributable to owners of the parent to be ¥62.84 and Profit for the year attributable to owners of the parent to be ¥250,000 million. Operating profit to be JPY 500,000 million.
2025-05-16
Honda Motor Co., Ltd. provided dividend guidance of JPY 35.00 per share for the Fiscal Year Ending March 31, 2026 compared to JPY 34.00 per share paid for same period a year ago. For the year ending March 31, 2026, the company expects to pay year end dividend of JPY 35.00 per share.
2025-05-12
Honda Motor Co., Ltd., 2025 Earnings Call, May 13, 2025
2025-05-07
Honda Motor Co., Ltd., Board Meeting, Dec 23, 2024. Agenda: To discuss Shares of common stock; and to discuss other matters.
2025-04-23
Honda Motor Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
2025-04-22
Honda Motor Co., Ltd., 2025 Earnings Call, May 13, 2025
2025-04-07
Honda Motor Co., Ltd. has accepted the resignation of Director, Executive Vice President and Representative Executive Officer Shinji Aoyama. Date of change (resignation): April 7, 2025. Reason for change (resignation): The Company has become aware that Honda Director, Executive Vice President and Representative Executive Officer Shinji Aoyama is facing an allegation of inappropriate conduct during a social gathering outside of work hours. In response to this situation, the Audit Committee promptly led an investigation, compiled a disciplinary action plan, reported the plan to the Board of Directors, and sought opinions from outside experts. Based on the above results, the Board of Directors was scheduled to make a decision on the disciplinary action. However, Mr. Aoyama submitted a notice of resignation today. The Company's Board of Directors has determined that it is appropriate for Mr. Aoyama to resign from his position. The new management structure in response to this matter is under immediate consideration, which the Company will announce in the near future.
2025-04-05
Honda R&D Co., Ltd. announced plans to test its high-differential pressure water electrolysis system at the International Space Station (ISS) in collaboration with leading space and technology companies Sierra Space and Tec-Masters. The project is part of Honda's vision for a regenerative fuel cell system that could provide advanced energy storage capable of supporting human life on the lunar surface. Honda is leveraging decades of hydrogen fuel cell technology expertise to develop a regenerative fuel cell system, known as a circulative renewable energy system, that will continuously produce oxygen, hydrogen, and electricity. Honda envisions the circulative renewable energy system to be part of the infrastructure for human's sustained habitation on the Moon - utilizing the available resources of sunlight and water. By enhancing the performance of the circulative renewable energy system, improvements can be made to long-life regenerative fuel cells that can be used as a scalable, clean, and renewable energy source both in space and on Earth. During the Lunar Day, the system will use electricity generated by the sun to power the process. Honda's high- differential pressure water electrolysis system will then produce hydrogen and oxygen from water. During the Lunar Night, when the Moon is not receiving sunlight, some of the oxygen will be used for astronauts to breathe. The Honda fuel cell system will use the remaining oxygen, along with the hydrogen produced during the Lunar Day, to generate electricity. After the fuel cells generate electricity, the only byproduct is water, which is recycled back into the water electrolysis system to create a closed-loop energy cycle. This process is similar to how a home solar system operates on Earth, where daytime solar electricity is harnessed, and excess energy is stored in home energy batteries to provide power throughout the night. International Space Station Testing: Honda has developed an advanced water electrolysis system designed to support long-term operations on the Moon by prioritizing efficiency and reliability. The system's lightweight and compact design addresses the critical need to reduce transportation costs in lunar development. Additionally, since it doesn't use mechanical compression, maintenance needs are reduced, enhancing reliability for extended missions. By enabling high-pressure gas storage in smaller containers, the system also reduces the need to transport and manage large numbers of tanks. Honda will test the core part of its high-differential pressure Water electrolysis system to verify the efficiency and reliability of the system in the microgravity environment of the ISS. For the ISS testing, Honda is collaborating with Sierra Space, a leading commercial space company at the forefront of innovation and the commercialization of space, and Tec-Masters, a leading provider of innovative scientific and technological solutions. Sierra Space will be the primary space mission integrator, working with NASA to transport materials on Sierra Space's Dream Chaser®? spaceplane, the world's only commercial spaceplane. Tec-Masters will be the ISS technology expert. New U.S. Honda Space Development Division: In late 2024, Honda established the Space Development Division at American Honda to promote technology development in the U.S. and Japan teams work closely to leverage Honda core technologies and apply them to the expansion of human activities and development on the Lunar surface. These space development initiatives demonstrate the commitment by Honda to fostering a sustainable future through pioneering technology and collaboration. Based on its longstanding commitment to build products close to the customer, Honda operates 12 major U.S. manufacturing facilities, working with 620 U.S. suppliers to produce a diverse range of Honda products using domestic and globally sourced parts. Honda has built automobiles in America for over 40 years, and in 2024, nearly 64% of all Honda and Acura automobiles sold in the U.S. were produced in America. Honda also conducts research and development activities at 23 facilities in America where the company fully developed the company fully developed the company and Acura automobiles are currently in America. The company has developed a regenerative fuel cell system to be in America.
2025-04-02
From January 1, 2025 to March 31, 2025, the company has repurchased 292,703,500 shares, representing 6.31% for ¥430,117.82 million. With this, the company has completed the repurchase of 292,703,500 shares, representing 6.31% for ¥430,117.82 million under the buyback announced on December 23, 2024.
2025-02-19
Honda Motor Co., Ltd. (TSE:7267) will resume talks with Nissan Motor Co., Ltd. (TSE:7201) to form the world's fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down, the Financial Times reported, citing a person familiar with discussions. Japan's second- and third-largest automakers by sales after Toyota Motor (7203.T), had been in talks to create a $60 billion firm after a lack of hybrid models in the U.S. and competition from local rivals in China had sent Nissan's earnings diving. Those talks collapsed last week, plunging Nissan into further uncertainty and highlighting the pressure on legacy automakers, particularly from emerging Chinese giants disrupting the industry. Nissan declined to comment to Reuters on the FT report. Honda said the report was not something it had announced. Uchida has been under pressure to turn Nissan around after years of faltering sales and management turmoil left the company a diminished force. Reuters reported in December that subsequent months would be critical for Uchida and Nissan's future. Merger talks with Honda unravelled in a little more than a month due to Nissan's pride and insufficient alarm about its predicament, as well as Honda's proposal to make its smaller peer a subsidiary, sources previously told Reuters. The FT reported that Honda is willing to revive negotiations with a Nissan boss who can more effectively manage internal opposition. Honda CEO Toshihiro Mibe last week said his company had no plan to launch a hostile takeover bid for Nissan. Nissan has been working on a turnaround programme under which it plans to reduce its workforce by 9,000 people and global manufacturing capacity by 20%. It said on Thursday it would provide an update on the programme within a month. Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault (RENA.PA), following the failure of negotiations with Honda, the FT reported. Nissan's board of directors has also started informal discussions regarding the timing of Uchida's departure, the FT reported.
2025-02-18
CEO Press Conference regarding considerations towards business integration
2025-02-15
Honda Motor Co., Ltd. provided earnings guidance for the year ending March 31, 2025. The company expects sales revenue to be ¥21,600,000 million, Profit before income taxes to be ¥1,465,000 million, Profit for the year to be ¥1,020,000 million, Earnings per share attributable to owners of the parent to be ¥203.03, Operating profit to be ¥1,420,000 million and Profit for the year attributable to owners of the parent to be ¥950,000 million.
2025-02-14
Honda Motor Co., Ltd. reported earnings results for the nine months ended December 31, 2024. For the nine months, the company reported sales was JPY 13,665,543 million compared to JPY 12,611,402 million a year ago. Net income was JPY 805,263 million compared to JPY 869,609 million a year ago. Basic earnings per share from continuing operations was JPY 169.69 compared to JPY 176.78 a year ago. Diluted earnings per share from continuing operations was JPY 169.69 compared to JPY 176.78 a year ago.
2025-02-13
Honda Motor Co., Ltd. and Nissan Motor Co., Ltd., agreed to terminate the Memorandum of Understanding (the "MoU") regarding the consideration of the Business Integration of the Companies (the "Business Integration"), signed on December 23rd, 2024 by the Companies, and discontinue the discussion and consideration of the Business Integration. Since signing the MoU, the management teams of the Companies, including the chief executive officers, have discussed and considered the market environment surrounding the Companies, the purpose of the Business Integration, and the management strategies and structures after the Business Integration. Furthermore, considering the importance of the Business Integration, the Companies have carefully consulted with stakeholders of each. In the course of the discussions between the Companies, various options were considered regarding the structure of Business Integration, including Honda's proposal to change the scheme of Business Integration to a stock swap, which would make Nissan a wholly owned subsidiary of Honda, from a transition to a joint holding company structure in which Honda nominates a majority of the directors and the president through a joint share transfer, which was the premise of the MoU. As a result of these discussions, the Companies decided to discontinue the discussions and consideration of the Business Integration based on the conclusion that it would be appropriate to refrain the implementation of the Business Integration by prioritizing the speed of decision making and execution of business measures in response to changes in the rapidly changing market environment in the era of vehicles electrification. Going forward, the Companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles, striving to create new value and maximize the corporate value of the Companies.
2025-02-13
Honda Motor Co., Ltd., Q3 2025 Earnings Call, Feb 13, 2025
2025-02-13
Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation agreed to terminate their MoU regarding the consideration of the structure for a tripartite collaboration, in light of the termination of the MoU signed on December 23rd last year regarding the consideration of a business integration between Nissan and Honda. Going forward, the three companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles. This framework was established with the MoU signed on August 1st last year, striving to create new value and maximize the corporate value of each company.
2025-02-05
Nissan Motor Co., Ltd. (TSE:7201) is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor Co., Ltd. (TSE:7267), according to a person familiar with the matter, a move that could jeopardize talks between the two carmakers to join forces. The Yokohama-based company plans to convene a board meeting as soon as February 5, 2025 afternoon, where it will likely vote down Honda’s proposal to buy Nissan’s shares and make it a subsidiary, said the person. The Japanese automakers have been in discussions for weeks on a combination that would effectively result in an acquisition of Nissan, as Honda’s $47 billion valuation is nearly five times higher. The board’s final decision could still be in flux as some senior officials at Nissan support the Honda offer, the person said. The two companies may end their talks after slow progress in board meetings each has planned, Japan’s Asahi newspaper reported earlier, citing unidentified sources.
2025-02-04
From December 23, 2024 to December 31, 2024, the company has repurchased 0 shares, representing 0% for ¥0 million. With this, the company has completed the repurchase of 0 shares, representing 0% for ¥0 million under the buyback announced on December 23, 2024.
2025-01-29
Honda Motor Co., Ltd. Presents at Open Source Summit Japan, Oct-28-2024 . Venue: Tokyo, Japan. Speakers: Kazuo Tsubouchi, Executive Chief Engineer, Yuichi Kusakabe, Chief Architect.
2025-01-29
Mitsubishi Motors Corporation (TSE:7211) a junior partner of Nissan Motor, is considering not joining a planned merger between Nissan Motor Co., Ltd. (TSE:7201) and Honda Motor Co., Ltd. (TSE:7267), sources told Reuters. Mitsubishi Motors plans to remain listed while continuing its cooperative relationship with both companies, three sources said on condition of anonymity because they were not authorised to speak about the matter publicly. In a statement, Mitsubishi Motors said there had been media reports on the way it intends to participate in the business integration framework that Honda and Nissan are considering, but the reports were not based on information announced by the company. It added it was considering various possibilities at this stage, and its direction had not yet been decided. The Yomiuri newspaper reported earlier on January 24, 2025 that Mitsubishi Motors was considering not joining the planned tie-up on concerns that it would be difficult for it to affect management decisions of the joint holding company given its relatively small size. When asked about Yomiuri's report, spokespeople for Nissan and Honda referred to Mitsubishi Motors' statement, without commenting further.
2025-01-25
Honda Motor Co., Ltd. Presents at Open Source Summit Europe 2024, Sep-16-2024 . Venue: Vienna, Austria. Speakers: Yuichi Kusakabe, Chief Architect.
2025-01-24
Honda Motor Co., Ltd., Q3 2025 Earnings Call, Feb 13, 2025
2025-01-23
Honda Motor Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025
2025-01-14
Honda Motor Co., Ltd. expected to report Fiscal Year 2025 results on May 13, 2025. This event was calculated by S&P Global (Created on April 22, 2025).
2025-01-08
Honda presented the world premiere of the first two models in the company's new 0 Series line of battery electric vehicles at the 2025 Consumer Electronics Show (CES) – the Honda 0 SUV and Honda 0 Saloon prototypes. Production models based on both prototypes will launch in North America in 2026 followed by global markets. Honda also debuted its original vehicle operating system (OS), the ASIMO OS, for use in Honda 0 Series models. The use of the ASIMO name pays homage to the beloved Honda ASIMO robot and the "Wise" value of the Honda 0 Series. Additionally, Honda announced an agreement with Renesas Electronics Corporation to develop a high-performance system-on-chip, to be introduced on the next generation of 0 Series models in the late 2020s, as well as a new energy service through the Home Energy Management System to enable customers to enjoy a stress-free EV ownership experience with reduced environmental impact. Honda 0 SUV Prototype: Honda presented the prototype of a mid-size EV SUV, which will be the first Honda 0 Series model to enter production based on the company's newly developed dedicated EV architecture. Building on the Space-Hub concept model unveiled at CES 2024, the Honda 0 SUV applies the "Thin, Light, and Wise" approach to yield a spacious cabin with outstanding visibility and flexibility. The interior of the SUV prototype illustrates the company's direction to offer a new value for its future Honda 0 Series EVs as a "space" for people. As with the Honda 0 Saloon, the Honda 0 SUV will feature a wide variety of next-generation technologies that embody the "Thin, Light and Wise" development approach of the Honda 0 Series. This model will offer the value of an "ever-advancing" space through "ultra-personal optimization" and digital UX made possible by the ASIMO OS. Moreover, the adoption of a steer-by-wire system enables integrated control of the by-wire devices, such as steering wheel, suspensions and brakes, resulting in outstanding handling. A production model based on the Honda 0 SUV prototype – built at the Honda EV Hub in Ohio – is scheduled to be introduced in the North American market in the first half of 2026, then in global markets, including Japan and Europe. Honda 0 Saloon Prototype: The Honda 0 Saloon, the model of the Honda 0 Series, further advances the concept model introduced last year at CES 2024 and will feature several next-generation technologies that embody the "Thin, Light and Wise" development approach of the Honda 0 Series. While staying true to the bold styling design of the concept model, the prototype features both a low height and sporty "wedge-shaped" styling that sets the Saloon apart from other EVs in the market. The low-slung cabin is complemented by an interior that is more spacious than expected based on the exterior dimensions. At CES 2025, Honda is previewing specific technologies and features that contribute to the "Wise" value of the Honda 0 models. This includes the highly reliable automated driving technologies backed by Honda's Level 3 automated driving technology, as well as "ultra-personal optimization" of ASIMO OS that will offer a mobility experience customized for each individual user. A production model of the Honda 0 Saloon – built at the Honda EV Hub in Ohio – is scheduled to be introduced first in the North American market in late 2026, followed by global markets, including Japan and Europe. ASIMO Operating System (OS): Honda 0 Series models will be equipped with ASIMO OS, an original vehicle operating system developed in-house by Honda. First introduced at CES over 20 years ago, ASIMO was a humanoid robot capable of autonomous walking, developed as part of Honda fundamental technology research with the goal of helping people while coexisting in society. Honda began robotics research and development in 1986 and introduced the ASIMO robot in 2000. ASIMO became an icon in the field of robotics from the 2000s through 2010s and remains loved by people all over the world to this day. Honda gave the name ASIMO to its new vehicle OS, the core technology to achieve the "Wise" value of the Honda 0 Series, with a determination to strive for making Honda 0 Series an icon of next-generation EVs that will surprise and inspire people all around the world, just as ASIMO did. Even after development of the ASIMO robot, Honda continued to advance its robotics technologies, including technologies from ASIMO that recognize external environments and autonomous behavior control that enabled ASIMO to react while understanding the intentions of people around it. By combining such robotics technologies with advanced intelligence technologies for the Honda 0 Series, Honda strives to offer the value of software defined vehicles (SDVs) unique to Honda. As a software platform, ASIMO OS will apply integrated management of electronic control units (ECUs) for vehicle systems such as automated driving/advanced driver assistance systems (AD/ADAS) and in-vehicle infotainment (IVI) system. By constantly updating the in-vehicle software based on the ASIMO OS through over the air (OTA) updates, even after the purchase of the vehicle, functions and services will be continuously advanced in accordance with the preferences and needs of each individual user. These OTA updates to both the digital UX and integrated dynamics controls will allow Honda to deliver a personalized ownership experience that will enhance the joy of driving. Honda is planning to install ASIMO OS to all Honda 0 Series models, including production models of the Honda 0 SUV and Honda 0 Saloon.
2025-01-07
Honda Motor Co., Ltd. and Renesas Electronics Corporation announced that they have signed an agreement to develop a high-performance system-on-chip (SoC) for software-defined vehicles (SDVs). The new SoC is designed to deliver leading-edge AI performance of 2,000 TOPS combined with a world-class power efficiency of 20 TOPS/W, and is slated for use in future models of the "Honda 0 (Zero) Series," Honda's new electric vehicle (EV) series, specifically those that will be launched in the late 2020s. The agreement was announced during a Honda press conference held at CES 2025 in Las Vegas, Nevada on January 7. Honda is developing original SDVs to provide a mobility experience optimized for each individual customer in the Honda 0 Series. The Honda 0 Series will adopt a centralized E/E architecture that combines multiple electronic control units (ECUs) responsible for controlling vehicle functions into a single ECU. The core ECU, which serves as the heart of the SDV, manages essential vehicle functions such as Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), powertrain control, and comfort features, all on a single ECU. To achieve this, the ECU requires a SoC that provides higher processing performance than traditional systems, while minimizing any increase in power consumption. Renesas is committed to providing automotive semiconductor solutions that enable automobile OEMs to develop SDVs. Renesas' R-Car solutions offer higher AI performance with the ability to customize by leveraging multi-die chiplet technology and integrating AI accelerators into its SoC. To realize the Honda vision for SDVs, Honda and Renesas reached an agreement to develop a high -performance SoC compute solution designed for core ECUs. Using TSMC's 3-nm automotive process technology, this SoC also can achieve a significant reduction in power consumption. Additionally, it realizes a system that utilizes multi-die chiplet technology to combine Renesas' generic fifth-generation (Gen 5) R-Car X5 SoC series with an AI accelerator optimized for AI software developed independently by Honda. With this combination, the system aims to achieve one of the industry's top class AI performances with power efficiency. The SoC chiplet solution will provide the AI performance required for advanced functions such as AD, while keeping power consumption low. Chiplet technology allows flexibility to create customized solutions and offers future upgrades for functional and performance improvements.
2025-01-07
Amazon Web Services, Inc. (AWS) announced that Honda Motor Company is collaborating with AWS to transition the company’s automobiles from hardware-based into software-defined vehicles (SDVs). The Japanese automaker will use its Digital Proving Ground (DPG) platform, a vehicle development environment built on AWS, to help build SDVs. By combining AWS compute, generative artificial intelligence (AI), and Internet of Things (IoT) capabilities with Honda’s data lake built on AWS, Honda will accelerate its delivery of new electric vehicle (EV) capabilities and mobility solutions. Digitally-enabled, cloud-connected vehicles provide opportunities for carmakers like Honda to enhance driving experiences and support their efforts to improve safety, security, efficiency, entertainment, and convenience in existing vehicles with over-the-air (OTA) software updates. SDVs also give automakers the ability to personalize each vehicle according to drivers’ habits and preferences, as well as perform feature updates that help improve overall capabilities without the need for physical modifications or replacements. Using AWS to accelerate SDV delivery: AWS provides Honda with the scalable, cost-effective infrastructure needed to rapidly develop and test new SDV car models. The automaker’s cloud-based DPG platform allows Honda to collect data that helps estimate EV driving range, visualizes energy consumption and vehicle performance data, and delivers vehicle software updates. The DPG will help reduce Honda’s dependence on physical hardware by enabling automotive engineers to design and test cars in the cloud before they’re built, resulting in faster development timelines and significant cost savings. Honda uses AWS IoT services to assist its efforts to improve vehicle quality, safety, and autonomy by helping to provide continuous software development and updates to vehicles on the road. This connectivity helps Honda to collect, transform, and transfer vehicle data to the DPG platform, allowing them to track EV battery data and schedule preventative maintenance. Honda will also use Amazon Kinesis Video Streams, a fully managed service for streaming live video from devices, to help build video processing and analytics applications. This technology under development aims to analyze and store car camera footage, using machine learning to detect abnormal movement outside the vehicle. For example, if implemented, this new feature could alert drivers to take corrective action to help avoid collisions or damage to the vehicle. Using generative AI to improve the EV charging experience: Honda is using AWS generative AI services to help develop personalized user experiences. For example, the automaker is developing a new solution that guides EV drivers to optimal charging stations based on current location, remaining battery, charging speed, fees, and proximity to shopping centers. This new AWS IoT Core solution enables secure two-way communication between internet-connected devices and the cloud. The automaker will use Amazon Bedrock, the easiest way to build and scale generative AI applications, to recommend the optimal charging station based on a driver’s behavior patterns and preferences. Honda plans to launch this capability in its 0 Series line of EVs, simplifying the search for charging stations and enabling customized charging times, limits, payments, and more. Building a cloud-skilled Honda workforce: To support its move to cloud-based mobility, Honda established a joint Expert Builder Initiative with AWS in 2024. The program aims to strengthen the skills of hybrid talent engineers (HTEs) proficient in both vehicle software and cloud technologies by providing training in the latest cloud technologies, such as generative AI, analytics, and IoT. This helps Honda employees accelerate ideas from concept to integrated solutions using AWS, further enhancing the experience for Honda drivers.
2025-01-01
Honda Motor Co., Ltd. and Nissan Motor Co., Ltd. have agreed to begin discussions and consideration toward a business integration and have resolved at the boards of directors of each of the Companies to sign a memorandum of understanding regarding the consideration of the Business Integration, which has been duly executed. As the Companies engage in their respective businesses to address social challenges, it is essential to strengthen areas such as environmental technologies, electrification technologies, and software development to further accelerate their efforts toward achieving a carbon-neutral society and a zero-traffic fatalities society, the Companies signed a memorandum of understanding on March 15, 2024 regarding a strategic partnership for the era of vehicle intelligence and electrification. Furthermore, on August 1, 2024 the Companies signed a further memorandum of understanding to deepen the framework of the strategic partnership. The Companies also announced that they had agreed to carry out joint research in fundamental technologies in the area of platforms for next- generation software-defined vehicles (SDVs), particularly in the areas crucial for intelligence and electrification, to advance focused discussions toward more concrete collaboration. Throughout the process, the Companies have engaged in discussions in consideration of various possibilities and options. At the same time, the business environment for the Companies and the wider automotive industry has rapidly changed and the speed of technological innovation has continued to accelerate. Purpose of the Business Integration: If the Business Integration can be realized, the Companies can aim to integrate their respective management resources such as knowledge, human resources, and technologies; create deeper synergies; enhance the ability to respond to market changes; and expect to improve mid- to long- term corporate value. Additionally, the Companies can aim to further contribute to the development of Japan's industrial base as a "leading global mobility company" by integrating the Companies' four- wheel-vehicle and Honda's motorcycle and power products businesses as well as other businesses, including aircraft, continue to make the brands of the Companies more attractive and deliver more attractive and innovative products and services to customers worldwide. Potential Synergies from the Business Integration: The Companies will aim to become a world-class mobility company with sales revenue exceeding JPY 30 trillion and an operating profit of more than JPY 3 trillion by swiftly realizing synergy effects between the Companies resulting from the Business Integration. The potential synergies expected at this stage are as follows. Going forward, the Companies will examine and analyze more specific synergies based on discussions within the integration preparatory committee to be established by the Companies and the results of due diligence to be conducted in the future. Scale Advantages by Standardizing Vehicle Platforms: By standardizing the vehicle platforms of the Companies across various product segments, the Companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes. The integration is projected to increase sales and operational volumes, allowing the Companies to reduce development costs per vehicle, including for future digital services, while maximizing profits. By accelerating the mutual complementation of their global vehicle offerings - including ICE (internal combustion engine), HEV (hybrid), PHEV (plug-in hybrid), and EV (electric vehicles) models - the Companies will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction. Enhancement of Development Capabilities and Cost Synergies through the Integration of R&D Functions: The Companies have started joint research in fundamental technologies in the area of vehicle platforms for next-generation SDVs, which is the cornerstone of the field of intelligence. The Companies are progressing efforts towards standardizing specifications and mutual supply of key components such as batteries, which are crucial for EVs, and e- Axle, which is expected to be equipped in next-generation EVs. After the realization of Business Integration, the Companies will encompass more integrated collaboration across all R&D functions, including fundamental research and vehicle application technology research. This approach is expected to enable the Companies to efficiently and swiftly enhance their technological expertise, achieving both improvements in development capabilities and reductions in development costs through the integration of overlapping functions. Optimizing Manufacturing System and Facilities: The Companies anticipate that optimizing their manufacturing plants and energy service facilities, combined with improved collaboration through the shared use of production lines, will result in a substantial improvement in capacity utilization leading to a decrease in fixed costs. Strengthening Competitiveness Advantage across the Supply Chain through the Integration of Purchasing Functions: To fully leverage the synergies from optimizing development and production capacity, the Companies intend to boost their competitiveness by improving and streamlining purchasing operations and source common parts from the same the supply chain and in collaboration with business partners. The Companies plan to establish, through a joint share transfer, a joint holding company that will be the parent company of both companies. This will be subject to approval at each company's general meeting of shareholders and obtaining necessary approvals from relevant authorities for the Business Integration, based on the result of the consideration of the Business Integration and the premise that Nissan's turnaround actions are steadily executed. The Companies will be fully owned subsidiaries of the joint holding company. However, should any procedural necessities arise regarding the Share Transfer or for any other reasons, the Companies may consult and agree to modify the above structure in the future. Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the Prime Market of the Tokyo Stock Exchange ("TSE"). The listing is scheduled for August 2026. In addition, the Share Transfer will result in the Companies becoming wholly-owned subsidiaries of the joint holding company, and therefore the Companies will become wholly owned subsidiaries of the joint holding company and will be scheduled to be delisted from the TSE. However, shareholders of the Companies will continue to be able to trade shares of the joint holding company issued during this share transfer on the TSE.
2024-12-26
Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors' participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda. Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership focused on intelligence and electrification. Mitsubishi Motors has been participating in this framework, and the three companies have been proceeding with discussions. Following the agreement between Nissan and Honda to start consideration toward a business integration through the establishment of a joint holding company amid the dramatic changes in the environment surrounding both companies and the automotive industry, the three companies have agreed to explore the possibility of achieving synergies at an increased level through Mitsubishi Motors' participation or involvement in the business integration. Mitsubishi Motors aims to reach its conclusion by the end of January 2025 on the participation or involvement in the business integration between Nissan and Honda.
2024-12-25
The company cancelled its plan on December 23, 2024 to implement the newly resolved share buyback.
2024-12-25
From November 6, 2024 to December 23, 2024, the company has repurchased 0 shares, representing 0% for ¥0 million. With this, the company has completed the repurchase of 0 shares, representing 0% for ¥0 million under the buyback announced on November 6, 2024.
2024-12-25
Honda Motor Co., Ltd. (TSE:7267) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000,000 shares, representing 23.71% of its share capital, for ¥1,100,000 million. The purpose of the buyback is to improve capital efficiency, implement flexible capital policies, and strengthen shareholder returns. The program will expire on December 23, 2025. As of November 30, 2024, the company had 4,639,209,652 shares issued and 640,790,348 shares in treasury.
2024-12-25
The Board of Directors of Honda Motor Co., Ltd. has authorized a buyback plan on December 23, 2024.
2024-12-24
Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) took their first historic steps toward merging and creating a new force in the world’s automotive industry as aggressive competition from China forces legacy carmakers to rethink their business models. The two Japanese auto manufacturers signed a basic agreement for merger talks on December 23, 2024, according to a joint media briefing in Tokyo. Honda also said it will buy back as much as ¥1.1 trillion ($7 billion) of its own shares. A holding company will be created to house the new entity and should be listed by August 2026, they said, adding that Honda will be able to nominate a majority of directors of the holding company. Mitsubishi Motors Corporation (TSE:7211), which is 24.5% owned by Nissan, also signed the memorandum of understanding and will be part of the group. Such an alliance would give rise to the world’s third-largest carmaker, pitting the trio against Toyota Motor Corp. at home and Chinese automakers including BYD Co. and Geely Automobile Holdings Ltd. abroad. Toyota has stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. All three Japanese companies are to some degree facing an existential threat brought on by the global automobile industry’s breakneck shift to battery-powered electric vehicles and hybrid drivetrains and away from combustion engine cars. In China, the soaring popularity of locally made EVs has foreign brands fighting for survival, and Japanese carmakers there are stuck with too much capacity. Honda and Nissan have both had to pare back staffing and production, while Mitsubishi Motors Corp. has all but extricated itself from China, the world’s biggest car market. Meanwhile, a rebound in sales of hybrid gas-electric cars in North America has left Nissan on the backfoot while Toyota, a pioneer in hybrid technology, has received a welcome boost. Nissan missed that window of opportunity due to its outdated product lineup that was missing attractive options for hybrids, much less any competitive EVs. For Nissan, the merger with Honda could provide much-needed relief after paltry sales in the US and China triggered a massive drop in revenue, forcing the battered carmaker to cut jobs, slash production capacity and lower its annual profit outlook by 70%.
2024-12-23
Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) are expected to announce as early as December 23, 2024 the start of their talks on a possible merger, people familiar with the matter said. The two Japanese automakers aim to share the cost of developing electric vehicle and autonomous driving technologies to catch up with U.S. and Chinese rivals. Mitsubishi Motors Corporation (TSE:7211) another Japanese automaker of which Nissan is the largest shareholder, is expected to join the merger talks after the turn of the year. A combination of Honda, Nissan and Mitsubishi will create the world's third-largest auto group with global annual vehicle sales of about eight million units. But Honda and Nissan have a lot of overlap with each other. Both focus on North America and Asia as key markets and target the same customer base as mass-market automakers. There was less overlap in the partnership between Nissan and Renault SA of France, said Jusuke Ikegami, a professor at Waseda University's graduate school and expert on the auto industry's business strategy. "Nissan's main sales areas and areas of expertise were different from those of Renault, but the situation is significantly different regarding its cooperation with Honda," Ikegami said. Honda and Nissan may need to consolidate overlapping areas if they try to maximize synergies from a possible merger. The merger talks may be affected if Nissan, already struggling with weak sales in North America and China, plunges into a deeper slump. A wild card for the talks is Taiwan's Hon Hai Precision Industry Co., which is reportedly interested in acquiring some Nissan shares held by Renault. If Hon Hai becomes a shareholder of Nissan, the merger talks will be complicated.
2024-12-18
Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) are preparing to start negotiations on a possible merger, which ultimately could be expanded to include Mitsubishi Motors Corporation (TSE:7211) Japan’s Nikkei reported. Such a deal would create an automotive rival to Toyota Motor Corp. that would effectively consolidate the Japanese auto industry into two camps. It would also provide Honda and Nissan with more resources to compete with larger peers after downsizing long-held global partnerships with other carmakers: France’s Renault SA for Nissan and General Motors Co. for Honda. The move toward a merger would follow a decision by the two companies earlier this year to work together on electric vehicle batteries and software. At that time, Honda Chief Executive Officer Toshihiro Mibe floated the possibility of a capital tie-up with Nissan. While Honda and Nissan stopped short of confirming December 17, 2024 report, both automakers issued statements that reiterated their previous pledges for further future cooperation. “We will inform our stakeholders of any updates at an appropriate time,” Honda said in its statement. American depositary receipts of Honda and Nissan shares climbed on the report. Nissan ADRs rose 11% and Honda’s gained 0.9% in late New York trading. The two major Japanese carmakers plan to sign a memorandum of understanding to discuss shared equity stakes in a new holding company under which the combined company would operate, the Nikkei said, without citing sources. The merger would help the manufacturers compete against rivals in electric vehicles such as Tesla Inc. and Chinese automakers, it said. It also puts them in a better position to compete at home and abroad with Toyota, the world’s largest automaker. Toyota has taken stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. Honda, Nissan and Mitsubishi combined sold about 4 million vehicles globally in the first six months of the year, well shy of the 5.2 million that Toyota sold on its own. Honda’s valuation stood at JPY 6.8 trillion ($44.4 billion) as of the close of trading in Tokyo on December 17, 2024, well above Nissan’s JPY 1.3 trillion market capitalization. But even their combined value is dwarfed by Toyota’s JPY 42.2 trillion. Honda has long struggled to keep up with bigger capitalized rivals when it comes to investments in new technologies. It recently has shifted gears to boost hybrid gas-electric vehicles even as it spends billions of dollars on all-electric production. Honda’s arms-length partnership with GM has been weakened bit by bit, most recently earlier this month when their self-driving car partnership ended. Meanwhile, GM has strengthened its ties with South Korea’s Hyundai Motor Co. Nissan has partially unwound its complex 25-year strategic partnership with Renault, a fixation of former Chair Carlos Ghosn. Rivalries and mutual suspicion mounted over the years and came to a head when Ghosn openly contemplated a merger, contributing to his downfall. The former chairman and CEO, who has filed a suit against his former company for ousting him in 2018, warned of a “disguised takeover” of Nissan by Honda in an August interview with Automotive News. Nissan also has stepped up restructuring efforts to cope with stalled revenue growth and lower profits. It faces pressure from an activist shareholder and a daunting debt load that has led to speculation in credit markets about its investment grade rating. The reported merger talks come after the Financial Times said last month that Nissan was looking for an anchor investor to replace part of Renault’s equity holding and that it hadn’t ruled out having Honda buy some of its shares.
2024-11-29
Nissan Motor Co., Ltd. (TSE:7201) is actively seeking a long-term investor to stabilise its operations during a year marked by declining sales and major restructuring. According to a report by The Financial Times, Nissan is targeting institutional investors, such as banks or insurance companies, to replace part of Renault’s shareholding. Nissan is reportedly exploring deeper ties with Honda Motor Co., Ltd. (TSE:7267), including the potential sale of shares to the rival Japanese automaker.
2024-11-28
Striemo, Inc. announced that t has received ¥500 million in a round of funding on November 28, 2024. The transaction will included participation from new investors, Delight Ventures No. 2 Investment Limited Partnership, a fund managed by Delight Ventures, Inc., Higashin-SNETI Fund, a fund managed by SNET Investment Co., Ltd., SMBC Venture Capital Fund No. 7, a fund managed by SMBC Venture Capital Co., Ltd., Honda Motor Co., Ltd., Future Creation II Investment Limited Partnership, a fund managed by Innovations and Future Creation Inc., and returning investor, SOSV Investments LLC.
2024-11-25
The company closed its plan on November 22, 2024.
2024-11-25
From October 1, 2024 to November 22, 2024, the company has repurchased 1,878,100 shares, representing 1.55% for ¥3,240.06 million. With this, the company has completed the repurchase of 8,551,800 shares, representing 6.78% for ¥14,999.87 million under the buyback announced on May 10, 2024.
2024-11-20
Honda Motor Co., Ltd. at its board meeting held on November 6, 2024 declared Dividend per share of JPY 34.00. Record date is September 30, 2024 and Effective Date is December 4, 2024.
2024-11-13
tozero GmbH announced that it has received €11 million in a round of funding led by new investor, NordicNinja VC on November 11, 2024. The transaction also included participation from new investors, JGC Holdings Corporation, In-Q-Tel, Inc., Honda Motor Co., Ltd., returning investors, Atlantic Labs Manager GmbH, Possible Ventures. The company has raised a total of €17 million in funding till date including a grant of €2.5 million.
2024-11-07
Honda Motor Co., Ltd., ¥ 34.0, Cash Dividend, Mar-28-2025
2024-11-07
Honda Motor Co., Ltd., Board Meeting, Nov 06, 2024. Agenda: To consider Acquisition of the Company's Own Shares.
2024-11-06
Honda Motor Co., Ltd. expected to report Q3 2025 results on February 5, 2025. This event was calculated by S&P Global (Created on November 6, 2024).
2024-11-06
Honda Motor Co., Ltd. (TSE:7267) announces a share repurchase program. Under the program, the company will repurchase up to 70,000,000 shares, representing 1.49% of its share capital, for ¥100,000 million. The purpose of the buyback is to improve capital efficiency and implement flexible capital policies. The program will expire on October 31, 2025. As of September 30, 2024, the company had 4,682,564,269 shares issued and 597,435,731 shares in treasury.
2024-11-06
The Board of Directors of Honda Motor Co., Ltd. has authorized a buyback plan on November 6, 2024.
2024-11-01
Asahi Kasei Corporation (Asahi Kasei) and Honda Motor Co., Ltd. (Honda) announced that the two companies have signed a shareholders’ agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture company. This agreement was reached as a result of continued discussions on collaboration for the production of lithium-ion battery separators in Canada based on the basic agreement the two companies announced on April 25, 2024. The two companies plan to convert E-Materials Canada Corporation (E-Materials), a wholly owned subsidiary of an Asahi Kasei subsidiary in Canada, into a joint venture between Asahi Kasei and Honda to be renamed Asahi Kasei Honda Battery Separator Corporation (tentative name). This will be based on Honda Canada Inc., a Honda subsidiary in Canada, acquiring a 25% stake by subscribing to new shares to be issued by E-Materials through a third-party allotment. Honda will invest a total of approximately CAD 417 million (approximately USD 300 million) combining the subscription of new shares and other investment in this joint venture. The two companies will combine each other’s strengths, such as high value-added material technologies and electrification technologies, to produce high-quality separators to be utilized for lithium-ion batteries that will accelerate the realization of high-performance electrified vehicles. The two companies plan to establish and start the operation of the joint venture company in early 2025, subject to obtaining permits and approvals from relevant authorities.
2024-10-25
From October 1, 2024 to October 24, 2024, the company has repurchased 43,353,900 shares, representing 0.9% for ¥67,529.65 million. With this, the company has completed the repurchase of 180,000,000 shares, representing 3.73% for ¥274,563.3 million under the buyback announced on May 10, 2024.
2024-10-25
The company closed its plan on October 24, 2024.
2024-10-22
Honda Motor Co., Ltd., Q2 2025 Earnings Call, Nov 06, 2024
2024-10-16
Honda Motor Co., Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024
2024-10-03
From July 1, 2024 to September 30, 2024, the company has repurchased 1,573,500 shares, representing 1.23% for ¥2,900.76 million. With this, the company has completed the repurchase of 6,673,700 shares, representing 5.23% for ¥11,759.81 million under the buyback announced on May 10, 2024.
2024-10-03
From May 10, 2024 to June 30, 2024, the company has repurchased 5,100,200 shares, representing 4% for ¥8,859.05 million. With this, the company has completed the repurchase of 5,100,200 shares, representing 4% for ¥8,859.05 million under the buyback announced on May 10, 2024.
2024-10-02
From May 10, 2024 to September 30, 2024, the company has repurchased 136,646,100 shares, representing 2.83% for ¥207,033.64 million. With this, the company has completed the repurchase of 136,646,100 shares, representing 2.83% for ¥207,033.64 million under the buyback announced on May 10, 2024.
2024-08-12
Honda Motor Co., Ltd. provided earnings guidance for the fiscal year ending March 31, 2025. For the period, the company expects sales revenue of JPY 20,300,000 million, Operating profit of JPY 1,420,000 million, Profit for the year attributable to owners of the parent JPY 1,000,000 million, Profit for the year JPY 1,070,000 million Basic and diluted Earnings per share attributable to owners of the parent of JPY 210.82.
2024-08-10
Honda Motor Co., Ltd., Q1 2025 Earnings Call, Aug 07, 2024
2024-08-05
Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced that the three companies have signed a memorandum of understanding to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda on March 15. Nissan and Honda are working to further accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic-accident society. In anticipation of collaboration in areas such as environmental technologies, electrification technologies, and software development, discussions are being conducted on a broad scope. To accelerate this process, it is essential to create new value by integrating the technologies and knowledge cultivated by each company, and to improve business efficiencies. The participation of Mitsubishi Motors in the areas of potential collaboration considered and discussed by Nissan and Honda will not only add new knowledge and strengths but will also provide further synergies that can only be generated by the three companies, as well as new business opportunities.
2024-08-01
Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. on August 1, 2024 announced that the two companies have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU) signed by the companies on March 15 regarding the commencement of discussions on a strategic partnership for the age of intelligence and electrification. Both companies also on August 1, 2024 signed an MOU on deepening the framework of the strategic partnership, which is being discussed and considered on a broad scope. Nissan and Honda are engaged in specific discussions and deliberations with a view to collaborating in various fields to further accelerate efforts to realize a carbon-neutral and traffic-accident-free society. Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study in the fields of intelligence and electrification. The two companies also believe that the software field, including autonomous driving, connectivity, and AI, which will determine the value of vehicles in the future and become a source of competitiveness, is an area where technological innovation is extremely rapid and where synergies can easily be obtained through the fusion of resources from both companies, such as technological knowledge and human resources. Based on this shared view, Nissan and Honda have entered into a joint research agreement on fundamental technologies for next-generation SDV platform, and are considering the possibility of providing new value through co-creation. The two company’s newly signed MOU is aimed to deepen the strategic partnership to define more specific areas of cooperation and accelerate the realization of the strategic partnership. Going forward, Nissan and Honda will continue to study ways to create further synergies between the two companies and work toward the speedy implementation of specific measures. Next-generation SDV platform: Joint research agreement on fundamental technologies for next-generation SDV platform; The next-generation SDV platform is the cornerstone of the field of intelligence. The two companies have agreed to conduct joint research on fundamental technologies and have begun research; Nissan and Honda aim to complete basic research in approximately one year and based on the results consider the possibility of mass production development. Major areas of cooperation in the MOU on deepening the strategic partnership. Batteries: Batteries are key components of EVs, and the two companies will consider the scope of cooperation from a short-term and medium- to long-term perspective. This includes sharing specifications and mutual supply. Bringing together the battery technologies and assets of both companies will enable offering a wide range of battery options, from high-output to low-cost models, as well as cost reduction effects through investment diversification and risk-hedging, and deliver the advantage of volume; The two companies have reached a basic agreement to commonize the specifications of their battery cell modules for EVs from a medium- to long-term perspective, with the aim of enabling the batteries they plan to procure to be usable in vehicles from both companies. Honda and Nissan will study the supply of lithium-ion batteries for EVs manufactured by L-H Battery Company Inc., a joint venture between Honda and LG Energy Solution, to Nissan in North America after 2028. e-Axles: The two companies have reached a basic agreement to commonize the specifications of their respective e-Axles, over the medium to long term, to be used in the next-generation EVs of both companies. The agreed first step is to share motors and inverters, the core of the e-Axle. Mutual vehicle complementation: With the models to be sold globally by Nissan and Honda, the two companies will consider supplementing models from a short-term to medium- to long-term perspective. For the short-term, Nissan and Honda reached a basic agreement on models and regions to be complemented by each company, and also agreed on the outline of a product review system to be jointly operated by both companies. ICE and EVs are being considered as vehicles for mutual complementation. Energy services and resource circulation in Japan: The two companies also agreed to study the possibility of cooperation in the areas of energy services and resource circulation in Japan, including charging, energy equipment, energy services utilizing batteries, and charging services.
2024-07-22
Honda Motor Co., Ltd., Q1 2025 Earnings Call, Aug 07, 2024
2024-07-18
Honda Motor Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024
2024-07-10
Honda Motor Co., Ltd., ¥ 34.0, Cash Dividend, Sep-27-2024
2025Q1 | 2024Q4 | 2024Q3 | 2024Q2 | 2024Q1 | 2023Q4 | 2023Q3 | |
---|---|---|---|---|---|---|---|
Total Revenues | 21,688,767 | 21,758,036 | 21,617,023 | 21,208,664 | 20,428,802 | 19,383,726 | 18,431,812 |
Pretax Income Excl.Unusual Items | 1,317,640 | 1,603,419 | 1,505,052 | 1,686,934 | 1,642,384 | 1,284,848 | 1,243,155 |
Total Assets | 30,775,867 | 31,374,151 | 29,273,878 | 31,311,973 | 29,774,150 | 27,429,756 | 27,676,604 |
Total Liabilities | 18,148,045 | 18,003,033 | 16,601,323 | 17,614,294 | 16,768,278 | 15,095,119 | 14,998,630 |
Cash & Cash Equivalents | 4,528,795 | 4,961,025 | 4,622,289 | 4,977,263 | 4,954,565 | 4,320,707 | 4,440,513 |
Total Common Equity | 12,326,529 | 13,067,738 | 12,391,444 | 13,411,175 | 12,696,995 | 12,055,225 | 12,364,175 |
Book Value Per Share (BVPS) | 2,835.96 | 2,816.8 | 2,646.29 | 2,781 | 2,629.37 | 2,485.74 | 2,513.79 |
Net Change in Cash | -425,770 | 616,550 | 181,776 | 893,869 | 1,151,551 | 749,388 | 505,165 |
Capital Expenditure | -510,803 | -446,838 | -429,319 | -418,262 | -348,680 | -317,404 | -367,031 |
On May 27, 2025, Honda Motor shared its financial results for the first quarter of 2025, having revenues of 5.36T yen and net income of 30.57B yen, reflecting a 1.3% decline in revenue, along with a sharp drop of approximately 86% in EPS compared with the same quarter last year. A negative note is that this latest revenue figure disrupts a sequence of 2th consecutive quarters in which the company has shown growth compared to last year's corresponding quarter. This could provide insight into a potential weakness of the company and whether it is capable of continuing to grow in the future.
In addition, the EBITDA margin droped sharply from 9.1% in the corresponding quarter last year to 5%. A decrease in operating profitability may indicate a difficulty in sales or an increase in operating expenses, potentially harming the stock's future performance. Another notable figure in the negative aspect is the free cash flow for the quarter, which was -44.71B yen, decreased by -0.25T from the previous year's corresponding period. While there was no improvement in cash flow, the company's management returned an impressive amount of 430.11B yen as a repurchase of Common Stock. The dividend yield for this stock is approximately 5.1%, and it trades at 8.1x times current year's earnings, which is lower than the sector average (P/E 13x).