Honda

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Country Flag of Japan Japan
Sector Auto Manufacturers
Offices -
Employees -

Brand value $14,963m
Brand rating AA
Enterprise value $80,888m
Value / market cap 18.5%
This brand has received no votes.

Value for money

Reliability

Performance

Corporate responsibility

Emotional attachment


Market cap

Market cap for Honda over a period of time

* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.

Performance of the brand

Honda Motor Co., Ltd. (Honda) has grown to become the world's largest motorcycle manufacturer and one of the leading automakers. With over 176,000 employees and a global network of 383 subsidiaries and 91 affiliates in 2010, Honda develops, manufactures and markets a wide variety of products, ranging from small general-purpose engines and scooters to specialty sports cars. Honda’s operations are divided into Motorcycle Business, Automobile Business, Power Products, and Financial Services.

Due to positive signs of economic recovery, including increased consumer spending in Japan and the U.S., revenues by Honda grew 4.1% percent in FY2011 (year ended March 31), from ¥8,579,174 million ($103,072 million) to ¥8,936,867 million ($107,479 million).  

Although Honda Motor Co., Ltd. faced an increase in revenues in 2011, the firm’s brand value decreased by 8.4% to $14,984m. At the same time, enterprise value went down to $86,242m, a 4.9% decrease compared to 2010. Yet, Ford’s brand rating improved from AA+ in 2010 to AAA- in 2011.

 

Positive Aspects

“Blue Skies for our Children”

Honda has been pursuing its own environmental targets and is committed to proactive environmental conservation activities. In 2006, Honda set a goal to reduce global CO2 emissions from use of its motorcycles, automobiles and power products by 10 percent by the end of 2010 compared to year 2000 levels. In 2010, the goal was attained by all products. Honda has now set a target to reduce CO2 emissions from its global products by 30 percent by the end of 2020 compared to year 2000 levels. Honda will also strengthen its efforts in advancing technologies in the area of total energy management, to reduce CO2 emissions through mobility and people’s everyday lives.

In addition, Honda has established the global environmental slogan “Blue Skies for our Children” as an expression of the company’s proactive commitment to make progress in its environmental efforts on a global basis. With this slogan, Honda will strive to become the leader in the area of environmental and energy technologies. The new global environmental slogan and symbol will be used with Honda’s internal and external environmental activities and communications around the world.

The American Honda Foundation

AHF was established by American Honda Motor Co., Inc., to commemorate its 25th anniversary in the United States and to show its appreciation of America's support through the years. It is Honda's desire that in every community in which it does business society will want Honda to exist. Since 1984, more than $25 million have been awarded to organizations serving approximately 114 million people in virtually every state in the U.S. The Foundation’s mission is to help meet the needs of the American society in the areas of youth and scientific education by awarding grants to nonprofits, while strategically assisting communities in deriving long-term benefits.

Negative Aspects

Honda was part of the largest commercial corruption case in U.S. history.

 Between 1994 and 1997, eighteen former executives of American Honda Motor Company, along with four other people, were convicted on federal fraud and racketeering charges. Over a 15-year period, Honda officials had received over $50 million in cash and gifts from automobile dealers eager to obtain additional hot-selling Honda cars and franchises.

 

 

Last changed September 2, 2011

League tables

Honda appears in the following brand league tables:

Rank 55 in the Global 500 2012.
Rank 43 in the Global 500 2011.
Rank 43 in the Global 500 2011.
Rank 47 in the Global 500 2010.
Rank 35 in the Global 500 2009.
Rank 45 in the Global 500 2008.
Rank 55 in the Global 250 2007.

2012 brand performance*

Brand value $14,963m
Brand rating AA
Enterprise value $80,888m
Value / ent. value 18.5%

* Figures taken on 31st December 2011.

2011 brand performance*

Brand value $16,356m
Brand rating AAA-
Enterprise value $90,658m
Value / ent. value 18.0%

* Figures taken on 31st December 2010.

2010 brand performance*

Brand value $13,083m
Brand rating AA+
Enterprise value $96,634m
Value / ent. value 13.5%

* Figures taken on 31st December 2009.

2009 brand performance*

Brand value $11,461m
Brand rating AA+
Enterprise value -
Value / ent. value -

* Figures taken on 31st December 2008.

Mission statement

Honda Motor Co., Ltd. operates under the basic principles of "Respect for the Individual" and "The Three Joys" — commonly expressed as The Joy of Buying, The Joy of Selling and The Joy of Creating. "Respect for the Individual" reflects Honda’s desire to respect the unique character and ability of each individual person, trusting each other as equal partners in order to do the best in every situation. Based on this, "The Three Joys" expresses the company’s belief and desire that each person working in, or coming into contact with Honda Motor Co., Ltd., directly or through its products, should share a sense of joy through that experience.

Company history

In October 1946, Soichiro Honda established the Honda Technical Research Institute in Hamamatsu, Japan, to develop and produce small 2-cycle motorbike engines. Two years later, Honda Motor Company, Ltd. was born, and in 1959 Honda opened its first storefront in Los Angeles with six industrious employees.

In 1966, Honda also started to develop road cars in Japan after solely focussing on the production of motorcycles in the years before. Their first production automobile was the S500 produced in 1963 featuring a 492cc engine. However, these small vehicles failed to attract attention in the U.S. Yet, in 1972, Honda introduced the Civic. This coincided with the 1973 energy crisis and the introduction of new emissions laws in the U.S. Consequently, American car producers took their time in producing vehicles which complied with the new requirements giving Honda the chance to get a foothold in the lucrative American automobile market

 

Strapline

The Power of Dreams.

Advertising

Sponsorships

In 2011, Honda is the official sponsor of the Austin City Limits Music Festival, where participants can win a new Honda Civic when participating in a prize draw. Honda also sponsors the Civic Racing Style, and is also the national sponsor of Little League® Baseball and Softball for the 15th consecutive year.