Professional Documents
Culture Documents
Project Report
Project Report
PROJECT REPORT
ON
HONDA COMPANY LTD.
Submitted to
Submitted by:
IRFAAN R
(Reg. no. : MB190018
IRFAAN R
II Semester, MBA
VSKUB.UNIVERSITY
DECLARATION
I also declare that this Project has not been submitted to any other
university or institution for the aware of any degree.
Place:
(IRFAAN R)
CONTENTS
Page No.
CHAPTER-1
INTRODUCTION
CHAPTER-2
COMPANY PROFILE
CHAPTER-3
INDUSTRY PROFILE
CHAPTER-4
CHAPTER-5
BIBLIOGRAPHY
INTRODUCTION :
Honda Motor Company Limited is perhaps best known as an automaker--it is the third
largest automaker in Japan--but the company has its roots in motorcycles, and is the
world's top motorcycle manufacturer. Its best market is in the United States, where the
majority of its sales are generated. Honda's automobile product line accounts for
approximately 90 percent of its sales, and includes well-known U.S. top-sellers such as
the Accord, Legend, Civic, Prelude, and the luxury Acura. The Accord is the second most
purchased car in the United States, although it actually ranks first on the country's list of
most stolen (and thus, "in demand") vehicles. Honda also produces motorcycles such as
the Super Cub, Foresight, and Shadow 750. Furthermore, the company's power products
division makes other items that bolster annual sales, such as agricultural and industrial-
Strengths Market
leader in
the
-Benz and BMW, according to Interbrand.
companies does not focus only on selling vehicles. It is the largest producer of the
engines and motorcycles as well. Therefore, the company is not as susceptible as its
through various technologies, such as improved vehicle painting process, new hydrogen
and hybrid engines or new welding technologies. In 2012, the company owned 42,000
Strong brand image. Honda has a reputation for producing the best quality
engines around the world. The company’s brand was the 21st most valuable brand in
the world valued at $17 billion and was only behind Toyota, Mercedesmarket share in
Asia. In 2012, Honda sold 80.5% of its motorcycles in Asia, the market that has
greatest growth potential. Having the largest motorcycle market share, Honda is well
positioned to compete with other companies for the sales and profits.
Weaknesses
Product recalls. Over 2011 and 2012, Honda recalled more than 1,000,000
vehicles to fix various faulty parts and manufacturing defects. Car recalls severely
Mission
Quality Policy
Yusuf H. Shirazi
Chairman
Mr. Shirazi is the Chairman of Atlas Group, which, among others, has joint
ventures with Honda, GS Yuasa and MAN. He has been the President of
Karachi Chamber of Commerce and Industry for two terms. He has been the
founder member of Karachi Stock Exchange, Lahore Stock Exchange and
International Chamber of Commerce and Industry. He has been on the
Board of Harvard Business School Alumni Association and is the Founder
President of Harvard Club of Pakistan and Harvard Business School Club of
Pakistan. He has been a visiting faculty member at National Defense
University, Navy War College and National School of Public Policy. He has
been on the Board of Governors of LUMS, GIK and FC College (Chartered
University) and Pakistan Institute of Management. Previously, he also
served, among others, on the Board of Fauji Foundation Institute of
Management and Computer Sciences (FFIMCS) and Institute of Space
Technology – Space & Upper Atmosphere Research Commission (SUPARCO).
Sanaullah Qureshi
Director (Non-Executive)
Mr. Ahmed is an AMP from Harvard Business School, Boston USA, and IPBM
from IMD Lussanne, Switzerland. He is also MBA from IBA Karachi
University. He has been working in Atlas Group in various capacities. He has
over 48 years of experience in the field of industrial and financial markets of
Pakistan. He spearheaded joint venture partnerships of Atlas Group with
Honda Japan, JSB Japan, Bank of Tokyo, Asian Development Bank and ING.
Abid Naqvi
Director (Non-Executive)
Mr. Abid Naqvi is the CEO of ACL Capital (Pvt.) Limited, a business
development company affiliated with Associated Constructors Ltd. He is also
on the Board of Associated Constructors Limited, Alfalah GHP Investment
Management Limited and Cherat Packaging Ltd. He has worked in the fields
of Commercial and Development Banking and Stock Brokerage for a period
of Twenty Five years. He has also worked as CEO of Taurus Securities
Limited, a renowned name in stock brokerage industry. He is a graduate
from the University College London, UK in the field of Economics and
Finance.
Kazuhisa Hirota
Director (Non-Executive)
Hiromitsu Takasaki
Director (Executive)
Kobayashi
Director (Hisao Executive)
Saquib H. Shirazi
Chief Executive Officer
Mr. Saquib H. Shirazi has been the Chief Executive Officer of Atlas Honda
Limited for the last thirteen years. He graduated from the Wharton School of
Finance, before completing his Masters from the Harvard Business School.
He has worked with the Bank of Tokyo – Mitsubishi UFJ Limited in Japan and
is the former CEO of Atlas Investment Bank Limited. At present, he is
serving as a member on the Board of Pakistan Petroleum Limited, Pakistan
Cables Limited and Cherat Cement Limited. Previously, he has been on the
Boards of National Refinery Limited, Sui Southern Gas Company Limited,
PERAC and the Privatization Commission of Pakistan. He has also been on
the Board of Harvard Business School’s Global Alumni and served as
President for the year from 2006 to 2008. He has been on the Board of Atlas
Honda Limited since November 2000.
One vital aspect of Honda's motorcycle safety research has been careful
analysis of the key statistics concerning accidents. Data from Japan, the US
and Europe all indicate that frontal collisions account for over half of all
collisions. It also has been confirmed that many injuries result from the
rider's impact with vehicles or the road surface. In view of these facts,
Honda engineers sought to reduce the incidence and severity of injuries by
absorbing the energy of an impact and reducing the rider's forward velocity.
Auto Stock Roundup: Honda Picks New CEO, Tesla Tops Consumer Reports
Survey -…
2/26/2015
Honda (HMC) will have a new President and CEO from June, while Tesla's
(TSLA) Model S has retained its top position in this year's Consumer Reports'
Top 10 Picks. Read More
Honda to replace its CEO amid air bag crisis, sales drop
WFMJ Youngstown,
2/27/2015
TOKYO - Honda Motor Co. - hurt by falling sales and embroiled in a crisis
over defective air bags - is replacing its CEO. Read More
Honda replacing CEO amid sales drop - Tue, 24 Feb 2015 PST
The Spokesman-Review,
TOKYO – Honda Motor Co. – hurt by falling sales and embroiled in a crisis
over defective air bags – is replacing its CEO. The Japanese automaker said
Monday that ... Read More
To quote Dave Barry, I am not making this up. By nodding off before the
camera, U.S. Rep. Mike Honda, a solid progressive vote and one of the
nicest men in Congress, might just have handed… Read More
PALM BEACH GARDENS, Fla. — Padraig Harrington has won three major
championships in his career, but Monday’s survival of a two-hole playoff to
capture the Honda Classic at PGA National... Read More
The Zacks Analyst Blog Highlights: Toyota Motor, Morgan Stanley and Honda
Motor…
The Zacks Analyst Blog Highlights: Toyota Motor, Morgan Stanley and Honda
Motor Read More
Seven-Year Itched
Padraig Harrington won for the first time in seven years with his playoff
victory at The Honda Classic at PGA National on Monday. Read More
TOKYO, Japan, February 21, 2006 – Honda Motor Co., Ltd. announced
plans, effective April 1, 2006, to launch a new organizational structure
for Honda R&D Co., Ltd., a wholly owned subsidiary of Honda
responsible for research & development activities.
Due to recent technological advancements and continued business
expansion, the variety and complexity of technological components and
the number of vehicles under development at Honda R&D have
increased dramatically. The new structure will be launched both in
response to this situation and to prepare for further expansion of
business in the future. The new structure will enable each associate to
demonstrate a high level of initiative, with more clear definition of roles
and responsibilities and bold delegation of authority. Moreover, the
new structure is designed to achieve smoother communication to help
accelerate decision making within the organization. The key elements
of the new structure are as follows: