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Consumer Durables

Honda Motor Co., Ltd.

Business Summary

Honda Motor Co., Ltd. engages in the manufacture and sale of automobiles, motorcycles, and power products. It operates through the following segments: Automobile, Motorcycle, Financial Services, and Power Product and Other Businesses. The Automobile segment manufactures and sells automobiles and related accessories. The Motorcycle segment handles all-terrain vehicles, motorcycle business, and related parts. The Financial Services segment provides financial and insurance services. The Power Product and Other Businesses segment offers power products and relevant parts. The company was founded by Soichiro Honda on September 24, 1948 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit3,331.59B24,584.22M
Operating income839,398M6,194.02M
Income before tax820,749M6,056.40M
Net income695,267M5,130.46M
Diluted EPS409.873.02
Dividends Per Share1200.88
Total Assets24,670.06B185,363.79M
Total liabilities13,123.92B98,609.40M
Total equity11,228.10B84,364.72M
Operating cash flow2,129.02B15,710.31M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 15,888.61B 14,931.00B 13,170.51B 14,552.69B 16,907.72B
Gross Profit 3,159.56B 2,942.84B 2,586.03B 2,855.38B 3,331.59B
Operating income 726,370M 633,637M 660,208M 871,232M 839,398M
Income before tax 979,375M 789,918M 641,319M 867,678M 820,749M
Net income 610,316M 455,746M 657,425M 707,067M 695,267M
EBITDA 2,195.05B 2,095.04B 2,085.32B 2,348.14B 1,561.02B
Diluted EPS 345.98 260.12 380.75 411.09 409.87
Dividends Per Share 111 112 110 120 120
Total Assets 20,419.12B 20,461.46B 21,921.03B 23,973.15B 24,670.06B
Total liabilities 11,853.33B 12,175.44B 12,548.19B 13,200.60B 13,123.92B
Total equity 8,267.72B 8,012.25B 9,082.30B 10,472.82B 11,228.10B
Operating cash flow 775,988M 979,415M 1,072.37B 1,679.62B 2,129.02B
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 143,276.65M 137,327.22M 124,182.91M 129,503.86M 124,764.18M
Gross Profit 28,491.61M 27,066.64M 24,383.34M 25,409.99M 24,584.22M
Operating income 6,550.08M 5,827.84M 6,225.00M 7,753.05M 6,194.02M
Income before tax 8,831.57M 7,265.23M 6,046.90M 7,721.43M 6,056.40M
Net income 5,503.56M 4,191.70M 6,198.76M 6,292.16M 5,130.46M
EBITDA 19,794.05M 19,269.02M 19,662.23M 20,896.00M 11,519.01M
Diluted EPS 3.12 2.39 3.59 3.65 3.02
Dividends Per Share 1.00 1.03 1.03 1.06 0.88
Total Assets 184,479.59M 189,536.97M 198,380.37M 197,513.11M 185,363.79M
Total liabilities 107,090.68M 112,782.56M 113,558.29M 108,758.86M 98,609.40M
Total equity 74,695.94M 74,218.50M 82,192.81M 86,284.85M 84,364.72M
Operating cash flow 6,997.52M 9,008.12M 10,111.30M 14,946.88M 15,710.31M

Valuation Measures

Mar 2023
Operating margin4.96%
Profit margin4.11%

Key executives

  • President, Chief Executive Officer & Director: Toshihiro Mibe
  • CFO, Director & Compliance Officer: Kohei Takeuchi
  • Managing Executive Officer & GM-Customer Support: Noriya Kaihara
  • Managing Executive Officer & GM-North America: Shinji Aoyama
  • Managing Executive Officer: Keiji Otsu


  • Honda Motor Co., Ltd. (8.2%)
  • Nomura Asset Management Co., Ltd. (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Meiji Yasuda Life Insurance Co. (2.8%)
  • The Vanguard Group, Inc. (2.4%)
  • Tokio Marine Holdings, Inc. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Mitsubishi UFJ Financial Group, Inc. (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • BlackRock Fund Advisors (1.6%)

Contact Details

  • Website:
  • Address: 2-1-1 Minami-Aoyama, Minato-Ku, Tokyo, 107-8556, Japan
  • Phone: +81.3.3423.1111

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Last Updated on 26 May, 2023

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