General Company Overview:
-
Full Name: Honda Motor Co., Ltd.
-
Primary Business Areas: Automobiles, motorcycles, electric vehicles (EVs), robotics, power equipment, and other technologies.
-
Joint Ventures: In 2022, Honda, in collaboration with Sony Group Corporation, formed Sony Honda Mobility. The joint venture plans to begin producing electric vehicles under the Afeela brand starting in 2026. (en.wikipedia.org)
📊 Financial Performance (2024–2025):
-
Q3 2024 (as of December):
-
Operating Profit: ¥397.3 billion ($2.58 billion), a 5% increase. (reuters.com)
-
Motorcycle Sales: Over 15 million units sold globally.
-
Automobile Sales: Decrease in sales in China, but strong demand in North America. (nasdaq.com)
-
-
Nine-Month Results for FY 2024 (as of December):
-
Net Profit: ¥805 billion ($5 billion), a 7% decrease year-on-year. (apnews.com)
-
Revenue: ¥16.3 trillion ($106 billion), a 9% increase.
-
-
2025 Full-Year Forecasts:
-
Operating Profit: ¥1.42 trillion.
-
Global Automobile Sales: 3.75 million units, 50,000 fewer than initially forecast. (nasdaq.com)
-
⚡ Electric Vehicles and Strategy:
-
Honda Ye: A new electric vehicle sub-brand for the Chinese market was launched in 2024. Honda plans to release 10 new models by 2027, with six of them being part of the Honda Ye lineup. (en.wikipedia.org)
-
Honda 0 Series: A new electric vehicle series was unveiled at CES 2025. Production is scheduled to begin in North America in 2026. (en.wikipedia.org)
-
Honda Prelude: The sports car model has been revived in 2025, featuring the new "Honda S+ Shift" driving mode system. (en.wikipedia.org)
🤝 Partnerships and Integrations:
-
Honda and Nissan: In January 2025, merger talks between Honda and Nissan were suspended. However, the two companies will continue their partnership in electric vehicles and smart technologies. (theverge.com)
-
Sony Honda Mobility: The joint venture between Sony and Honda is set to begin producing electric vehicles under the Afeela brand in 2026. (en.wikipedia.org)