time‚ Honda delivered products to more than 24 million customers worldwide through its motorcycle‚ automobile‚ and power product businesses in FY2010. I’m confident that these results are the product of a concerted effort on the part of our associates‚ suppliers‚ dealerships‚ and other partners to supply products and services that will please customers while respecting local culture and customs in accordance with our policy of “manufacturing close to the customer‚” a philosophy Honda has embraced
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I. Company background Honda Motor Co.‚ Ltd. is a Japanese public multinational corporation‚ primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world’s largest motorcycle manufacturer since 1959 as well as the world’s largest manufacturer of internal combustion engines measured by volume‚ producing more than 14 million internal combustion engines each year. In 2001‚ Honda became the second-largest Japanese automobile manufacturer and the eighth-largest automobile
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Honda (A) Case Analysis Submitted By: GROUP 11 | SECTION 2 Rachit Bhatnagar |DM 15244 Sarvagya Nayak |DM 15250 Seerat Ghuman |DM 15251 Vaibhav Agnihotri |DM 15262 Keerthi P. |DM 15267 Case Background • Success factors for Honda: – 1950: • Offered a multiproduct line • Leadership in product innovation • Exploited opportunities for economies of mass production – 1958: Market researched revealed an untapped market for small motorcycles to be used for local deliveries – 1959: Entered US
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Analysis of Honda Motor Company Report by Valanium Analysts: Yutaka Matsumoto‚ Yuichi Murakami‚ Michio Okazaki (ymatsum@mit.edu‚ yuichi@mit.edu‚ mokazaki@mit.edu ) Investment Recommendation: MARKET OUTPERFORM December 3‚ 2001 NYSE (11/30/00) 52 week range Revenue (2002 Est.) Market Capitalization Share Outstanding $ 76 $ 54.59 - $92.35 $ 60.08B $ 37.02B 487.2M 0.55% 34K EPS Forecast FYE 12/30 EPS Ratios Forward P/E Forward PEG M/B 2001A 2002E 2003E 2004E $3.85 $5.49 $5.88 $6.27 Firm
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with the successive strategy designed‚ established and developed‚ with appropriate corrections‚ by the Honda company to penetrate the American market‚ and aim to have a large market share in that country. In Japan‚ the strengths are economies of scale and low manufacturing costs‚ focusing the production of high quality and low priced motorbikes. This strategy‚ over the years‚ brought Honda to lead the Japanese market. The company‚ detecting a strong attractiveness of the U.S. market in the 60’
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the world’s largest bicycle manufacturer‚ bringing forth a market leader. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors Limited in 1984. The joint venture between India’s Hero Group and Honda Motor Company‚ Japan has not only created the world’s single largest two wheeler company but also one of the most successful joint ventures worldwide. During the 80s‚ Hero Honda became the first company in India to prove that it was possible to drive a
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The Honda Motor Company Limited was founded by Soichiro Honda in the late 1940s. Mr Soichiro Honda was born in Shizuoko‚ Japan on the 17th of November in 1906. During those early years‚ Soichiro Honda spends most of his childhood days helping his father to repair bicycles in a small town called Komyo. (St. Catherine Standard‚ 2009) His family was not wealthy. To be more precise‚ his mother was a weaver and his father was a local blacksmith. In spite of this‚ young Honda was always cheerful and shown
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This case is about the competition between Honda and Yamaha to be the leader in the Japanese motorcycle market. The case study started with the introduction of the Japanese motorcycle market during the early 1950s. During the year‚ there were 50 competitors fighting for their position in the growing market of over 40% per annum. Tohatsu is the number one competitor (22% share)‚ followed by Honda (20% market share) Tohatsu and Honda practiced different strategy to emerge as the leader of the motorcycle
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stresses the importance of the famous management technique called JIT (Just In Time) and its use in one of the most well known company "HONDA". The case extensively discusses the features‚ importance‚ implementation‚ and the various problems of Just in time. JIT was first implemented by Toyota and the technique is very commonly used in many Japanese companies and HONDA is one of them. The main purpose of developing this case study is to understand JIT as an operation management technique in the business
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Introduction Company Background Honda Motor Company‚ Ltd. is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world’s largest motorcycle manufacturer since 1959‚ as well as the world’s largest manufacturer of internal combustion engines measured by volume‚ producing more than 14 million internal combustion engines each year. Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer
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