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    Honda Motor Co Ltd (HMC)

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    Honda Motor Co., Ltd. (HMC) is a global manufacturer and distributor of motorcycles, automobiles, power products, and financial services. The company engages in research, development, manufacturing, and sales of its products, catering to diverse markets worldwide. Honda is recognized for its innovation and quality across its product lines, which include motorcycles, cars, financial services, and power equipment.

    1. Automobile Business - Develops, manufactures, and sells automobiles and related parts, serving as the company's largest segment with a global presence in key markets.
    2. Financial Services Business - Provides retail loans, leases, and other financial services to support the purchase of Honda products, enhancing customer accessibility.
    3. Motorcycle Business - Produces and markets motorcycles, all-terrain vehicles (ATVs), and side-by-side vehicles, offering a wide range of models for various consumer needs.
    4. Power Products and Other Businesses - Designs and sells power equipment such as generators, engines, and lawnmowers, along with other related products.
    NamePositionExternal RolesShort Bio

    Shinji Aoyama

    ExecutiveBoard

    Director, Executive Vice President, and Representative Executive Officer

    None

    Joined HMC in April 1986. Former Chief Officer for Regional Operations (North America) and Managing Officer in Charge of Electrification. Appointed Executive Vice President in April 2023.

    Toshihiro Mibe

    ExecutiveBoard

    President, Representative Executive Officer, and CEO

    None

    Joined HMC in April 1987. Held various leadership roles, including President of Honda R&D Co., Ltd. and Risk Management Officer. Appointed CEO in April 2021.

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    Ayumu Matsuo

    Executive

    Managing Executive Officer

    None

    Joined HMC in April 1991. Former Chief Officer for Quality Innovation Operations and Head of Supply Chain & Purchasing Unit. Appointed Managing Executive Officer in April 2024.

    Eiji Fujimura

    Executive

    Chief Financial Officer and Chief Officer for Corporate Management Operations

    None

    Joined HMC in April 1993. Held key roles in finance and business management, including General Manager of Finance Division and Head of Accounting and Finance Supervisory Unit. Appointed CFO in April 2023.

    Hironao Ito

    Executive

    Managing Executive Officer

    None

    Joined HMC in April 1989. Former Head of Digital Transformation Supervisory Unit and BEV Development Center. Appointed Managing Executive Officer in April 2023.

    Katsushi Inoue

    Executive

    Senior Managing Executive Officer

    None

    Joined HMC in April 1986. Former President of Honda Cars India Ltd. and Chief Officer for Regional Operations (China). Appointed Senior Managing Executive Officer in April 2023.

    Katsuto Hayashi

    Executive

    Executive Officer and Chief Officer for Automobile Operations

    None

    Joined HMC in April 1992. Former Head of Automobile Business Strategy Unit and Chief Officer for Regional Operations (Associated Regions). Appointed Chief Officer for Automobile Operations in April 2024.

    Kazuhiro Takizawa

    Executive

    Executive Officer and Chief Officer for Regional Operations (North America)

    None

    Joined HMC in April 1990. Former Executive Vice President of American Honda Motor Co., Inc. Appointed Chief Officer for Regional Operations (North America) in April 2024.

    Keiji Ohtsu

    Executive

    Managing Executive Officer

    None

    Joined Honda R&D Co., Ltd. in April 1983. Former President of Honda R&D Co., Ltd. and Chief Quality Officer. Appointed Managing Executive Officer in June 2021.

    Minoru Kato

    Executive

    Executive Officer

    None

    Joined HMC in April 1988. Former President of Honda Motorcycle and Scooter India Pvt. Ltd. and Chief Officer for Life Creation Operations. Appointed Executive Officer in April 2024.

    Noriya Kaihara

    Executive

    Executive Vice President and Representative Executive Officer

    None

    Joined HMC in April 1984. Former President and CEO of American Honda Motor Co., Inc. Appointed Executive Vice President in April 2024.

    Takashi Onuma

    Executive

    Executive Officer and Chief Officer for Automobile Production Operations

    None

    Joined HMC in July 2000. Former Executive Vice President of Honda Development & Manufacturing of America, LLC. Appointed Chief Officer for Automobile Production Operations in April 2024.

    Asako Suzuki

    Board

    Director and Full-time Member of the Audit Committee

    None

    Joined HMC in April 1987. Former President of Dongfeng Honda Automobile Co., Ltd. and Chief Officer for Human Resources and Corporate Governance Operations. Appointed Director in June 2021.

    Fumiya Kokubu

    Board

    Director and Chairperson of the Nominating Committee

    Chairman of Marubeni Corporation; Outside Director of Taisei Corporation; Chairman of Japan Machinery Center for Trade and Investment; Chairman of Japan Foreign Trade Council, Inc.

    Former Chairman of Marubeni Corporation. Appointed Director at HMC in June 2020.

    Jiro Morisawa

    Board

    Director and Full-time Member of the Audit Committee

    None

    Joined HMC in April 1989. Former President of American Honda Finance Corporation. Recognized for expertise in accounting and finance. Appointed Director in June 2024.

    Kunihiko Sakai

    Board

    Director and Member of the Nominating and Audit Committees

    Advisor Attorney to TMI Associates; Audit and Supervisory Board Member at Furukawa Electric Co., Ltd.

    Former Superintending Prosecutor of Hiroshima High Public Prosecutors’ Office. Appointed Director at HMC in June 2019.

    1. Despite achieving a record-high operating profit in the first quarter, you have maintained your full-year operating profit forecast without adjustment; given the significant volatility in foreign exchange rates, can you explain why you chose not to revise your full-year guidance?

    2. In China, aggressive price competition and a shift towards new energy vehicles have led to a substantial decline in your unit sales; what specific strategies are you implementing to address these challenges and improve your competitiveness in the Chinese market?

    3. With rising interest rates in North America leading other manufacturers to increase incentives—thereby boosting sales but not profits—how do you plan to balance sales volume and profitability in this market amid these economic uncertainties?

    4. Regarding your partnership with Nissan and Mitsubishi focused on electric vehicle development, when do you anticipate realizing tangible benefits from this alliance, and how will it impact your overall EV strategy?

    5. Given the inflationary pressures impacting your suppliers, particularly in regions like North America, how are you managing supplier support and cost-sharing arrangements to ensure supply chain stability without eroding your profit margins?

    Recent press releases and 8-K filings for HMC.

    Honda Announces Board Restructuring Ahead of June 2025 Shareholders Meeting
    HMC
    Board Change
    Management Change
    • 6-K filing by Honda Motor Co., Ltd. reports planned changes in its board of directors effective with the June 2025 ordinary general meeting.
    • Katsushi Inoue is nominated as a new director and Senior Managing Executive Officer, with detailed resume and shareholding information provided.
    Apr 10, 2025, 12:00 AM
    Honda Motor Co. Reports Leadership Change
    HMC
    Management Change
    Executive Compensation
    • Resignation: Director, Executive Vice President and Representative Executive Officer Shinji Aoyama resigned on April 7, 2025 following allegations of inappropriate conduct at a social gathering.
    • Compensation Adjustment: Director, President and Representative Executive Officer Toshihiro Mibe will voluntarily return 20% of his monthly compensation for two months as part of the company’s response.
    Apr 7, 2025, 12:00 AM
    Honda Motor Updates Share Buyback Program
    HMC
    Share Buyback
    • Honda Motor Co., Ltd. repurchased 62,915,200 shares for 91,225,041,103 yen between March 1 and March 31, 2025 as part of its share buyback program.
    • The board resolution from December 23, 2024, also authorized purchasing up to 1,100,000,000 shares for a total of up to 1,100 billion yen, with progress demonstrating acquisition of 292,703,500 shares worth 430,117,818,893 yen as of March 31, 2025.
    Apr 2, 2025, 12:00 AM