This article tells you about Honda Motor Co., Ltd., its current net worth from 2006 to 2021, and a documentary about the company.
Honda Motor is a Japanese multinational corporation that is best known for making cars, planes, motorcycles, and power tools. Soichiro Honda, Honda’s founder, was fascinated by automobiles.
Honda Motor Company Limited is somewhat best known as an automobile manufacturer (it is Japan’s third largest car manufacturer), but the firm’s roots are in motorbikes, and it is the world’s leading motorcycle manufacturer. Its best market is the United States, where it generates the majority of its sales. Almost 90% of Honda’s sales come from its car line, which includes well-known best-sellers like the Accord, Legend, Civic, Prelude, and the luxury Acura. The Accord is the second most popular car in the US, even though it is the most stolen (and therefore the most “in-demand”) car. Honda also manufactures motorcycles, including the Super Cub, Foresight, and Shadow 750. The company’s power products division makes agricultural and industrial machinery, portable generators, outboard motors, and all-terrain vehicles, all of which add to annual sales.
Honda’s automotive ambitions can be traced back to 1963, when the Honda T360, a Kei car and truck built for the Japanese market, was introduced. This was followed in 1963 by the two-door roadster, the Honda S500. In 1965, Honda introduced the Honda L700, a two-door marketable delivery van.
In 1969, Honda’s first four-door sedan was the air-cooled, four-cylinder, gasoline-powered Honda 1300, not the Accord. The Civic’s hatchback was known all over the world, but it wasn’t the first two-door car ever made.
That was the Honda N360, another Kei car built to order for international distribution as the N600. The Civic, which replaced the N600 in 1972, also had a smaller sibling, the Honda Life, which replaced the air-cooled N360 and was water-cooled.
Honda produces the Civic Hybrid. In 2008, Honda increased production around the world to meet demand for small cars and hybrids in the U.S. and in developing markets. The company made the Insight, which competes with Toyota’s Prius, as well as a hybrid electric vehicle that is similar to the Prius. CR-Z. In 2008, Honda increased production around the world to meet demand for small cars and hybrids in the U.S. and in emerging markets. As light truck sales fell, the company shifted production in the United States to keep factories active and boost car output while producing fewer minivans and sport utility vehicles. Its first pickup, the light-duty Ridgeline, was named Truck of the Year by Motor Trend magazine in 2006.
In 2006, the redesigned Civic was named Car of the Year by Motor Trend, giving Honda an unprecedented double win.
Honda’s net worth between 2006 and 2021
Honda earned $9.534 billion in fiscal year 2018, with annual revenue of $138.250 billion, representing a 6.2 percent increase over the previous fiscal cycle.
Honda’s stock traded at more than $32 per share in October 2018, with a market capitalization of $50.4 billion.
Honda’s annual revenue growth rate and history from 2006 to 2018. Revenue is the amount of money that a company receives from its customers in exchange for the sale of its goods or services.
On an income statement, income is the first line item. To figure out net income, all costs and daily expenses are subtracted from income.
Honda’s revenue for the fiscal quarter ended September 30, 2018, was $34.575 billion, a 1.73 percent increase year on year. Honda income for the fiscal year ended September 30, 2018, was $142.444 billion, a 6.83 percent increase year on year.
Honda’s annual revenue in 2018 was $2.5 billion, a 6.19 percent increase over 2017.
Honda’s annual revenue in 2017 was $130.193 billion, a 7.43 percent increase over 2016.
Honda’s annual revenue in 2016 was $121.19 billion, a 0.08 percent decrease from 2015.
Honda Motor Company Ltd. is the world’s largest maker of car combustion engines, with a revenue market share of 5.78 percent. Honda has subsidiaries all over the world. producing anything from vehicles to aircraft. American Honda Motor Company, Honda Automobile China, Honda Siel Cars India, Dongfeng Honda, Honda Aircraft Company, Honda Spain, Honda Canada Inc., and many others are subsidiaries. Honda’s net worth is now estimated to be at 53.44 billion US dollars.
Honda develops innovative technologies as well as new car designs for the road. Honda manufactures millions of motorcycles and automobiles each year. Every year, thousands of units are shipped to different nations. As sales grow, so does the production. Honda has made a lot of money through its sales, which are as follows: Honda’s profit in 2021 was $25,669.8 million.
In September 2021, Honda Motor Ltd. had a PE ratio of 5.91. By the end of June 2021, the company’s assets would be worth 200.044 billion US dollars, which is 6.95 percent more than they were the year before. The total liabilities of the corporation were 112.645 billion US dollars. In June 2021, Honda Limited made 32.613 billion US dollars, which is a 65.12 percent increase from the previous quarter. Net income, on the other hand, fell 369.23 percent year on year, totaling 2.025 billion US dollars.