Honda Motor Company is one of the largest vehicle manufacturers in the world. With a global network of 437 subsidiaries, Honda develops, manufactures and markets motorcycles, automobiles and power products. The company has global operations. It is headquartered in Tokyo, Japan and employs 167,231 people. The company recorded revenues of JPY11,087.1 billion (approximately $94 billion) during the fiscal year ended March 2007, an increase of 11.9% over 2006. The operating profit of the company was JPY851.9 billion (approximately $7.2 billion) during fiscal year 2007, a decrease of 2% over 2006.The net profit was JPY592.3 billion (approximately $5 billion) in fiscal year 2007, a decrease of 0.8% over 2006.
Honda Motor Co., Ltd. operates under the basic principles of "Respect for the Individual" and "The Three Joys" — commonly expressed as The Joy of Buying, The Joy of Selling and The Joy of Creating. "Respect for the Individual" reflects our desire to respect the unique character and ability of each individual person, trusting each other as equal partners in order to do our best in every situation. Based on this, "The Three Joys" expresses our belief and desire that each person working in, or coming into contact with our company, directly or through or products, should share a sense of joy through that experience.
In line with these basic principles, since its establishment in 1948, Honda has remained on the leading edge by creating new value and providing products of the highest quality at a reasonable price, for worldwide customer satisfaction. In addition, the Company has conducted its activities with a commitment to protecting the environment and enhancing safety in a mobile society.
The Company has grown to become the world's largest motorcycle manufacturer and one of the leading automakers. With a global network of 501* subsidiaries and affiliates accounted for under the equity method, Honda develops, manufactures and markets a wide variety of products,...