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MarketScreener Homepage  >  Equities  >  Tokyo  >  Honda Motor Co Ltd    7267   JP3854600008

HONDA MOTOR CO LTD

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Honda Motor : Celebrates 60th Anniversary of World Grand Prix Participation

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06/27/2019 | 04:15am EDT

June 27, 2019 - Since its beginning, Honda has strived to reach the pinnacle in its motorsports challenges. In 1954, to realize his dream of becoming the world's best, company founder Soichiro Honda declared the company's entry into the Isle of Man TT in the FIM*1 Road Racing World Championship Grand Prix (WGP), the premier class at the time. For the next five years, Honda developed the racing machines, and on June 3, 1959, became the first Japanese motorcycle manufacturer to enter the Isle of Man TT. Since Junzo Suzuki, Naomi Taniguchi, Giichi Suzuki and Teisuke Tanaka rode their RC142 racing bikes in the 125cc class, 60 years have passed.

Honda's history of challenging the pinnacle of motorsports is not limited to the two-wheeled category: In 1964, Ronnie Bucknum raced his RA271 in the premier four-wheeled racing category, the FIA*2 Formula One World Championship (F1), at the German Grand Prix. Not only has Honda continued to compete at the pinnacle of motorsports, it has competed in the various two- and four-wheeled racing categories to hone its technologies and nurture its people. Sharing the fun, the joy, and the thrill with its customers.

On this 60th year since the Isle of Man TT marking the beginning of Honda's motorsports history, Honda will be holding numerous 'Honda Racing Anniversary Year' events to commemorate its history, and share its joy with all of its customers and motorsports fans who have supported its racing activities for six decades. These events aim to share Honda's purpose and history in racing with the current, and next, generation.

Disclaimer

Honda Motor Co. Ltd. published this content on 27 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2019 08:14:06 UTC

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Financials (JPY)
Sales 2020 15 587 B
EBIT 2020 772 B
Net income 2020 672 B
Debt 2020 4 453 B
Yield 2020 4,72%
P/E ratio 2020 6,50x
P/E ratio 2021 6,03x
EV / Sales2020 0,56x
EV / Sales2021 0,55x
Capitalization 4 351 B
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Takahiro Hachigo President, CEO & Representative Director
Seiji Kuraishi COO, Representative Director, VP & Head-Strategy
Kohei Takeuchi Senior MD, Head-Finance & Administration
Yoshiyuki Matsumoto Senior Managing Director, Head-R&D
Toshiaki Mikoshiba Senior MD, GM-North America & Head-Sales
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