olivLaw · US equity research
Honda Motor Co., Ltd. HMC
Motor Vehicles & Passenger Car Bodies · SIC 3711 · Vertical: Motor Vehicles & Passenger Car Bodies (SIC 3711)
Honda Motor Co., Ltd. develops, manufactures and sells motorcycles, automobiles and power products, and its financial services arm supports sales. In fiscal 2026 consolidated revenue reached 21796.6 billion yen, but the company reported an operating loss driven mainly by EV-related losses and tariffs.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Honda Motor Co., Ltd. (HMC) stock was 35.22 USD (+3.62% on the day), with beta 0.83, 52-week range 23.49–35.22 USD. Latest reported quarter (Q4 2014): revenue of 3,097.2 bn USD (+12.8% YoY), net income of 170.5 bn USD (+125.1% YoY), diluted EPS 94.61 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 66.9
- strong (55–70)
- Bollinger (20, 2)
- 32.56 – 35.18
- above the upper band · %B 1.02 · band width 7.7%
- SMA 50 / 200
- 32.78 / 28.96
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.53 / 0.52
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +10.8% | −1.1% | +11.9 pp | — |
| 3 months | +15.1% | −0.5% | +15.6 pp | — |
| 6 months | +42.5% | +4.4% | +38.1 pp | — |
| Year to date | +19.5% | +12.3% | +7.2 pp | — |
| 1 year | +14.7% | +13.5% | +1.1 pp | −40.0% |
| 3 years | +9.3% | +76.4% | −67.1 pp | −57.7% |
| 5 years | +18.6% | +63.7% | −45.1 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q4 2014 · 31 Mar 2014
Quarterly margins
Quarterly statements · JPY
| Fiscal year | Q1 '13 | Q2 '13 | Q3 '13 | Q4 '13 | Q1 '14 | Q2 '14 | Q3 '14 | Q4 '14 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,435.9 bn | 2,271.3 bn | 2,425.8 bn | 2,745.0 bn | 2,834.1 bn | 2,890.2 bn | 3,020.9 bn | 3,097.2 bn |
| Operating income | 176.0 bn | 100.9 bn | 131.9 bn | 136.0 bn | 185.0 bn | 171.5 bn | 228.6 bn | 165.3 bn |
| Net income | 131.7 bn | 82.2 bn | 77.4 bn | 75.8 bn | 122.5 bn | 120.4 bn | 160.7 bn | 170.5 bn |
| Diluted EPS | 73.09 | 45.63 | 42.97 | 42.03 | 67.97 | 66.79 | 89.18 | 94.61 |
E/P over time
the price (USD) and the reports are in different currencies
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,361.1 bn | 15,888.6 bn | 14,931.0 bn | 13,170.5 bn | 14,552.7 bn | 16,907.7 bn | 20,428.8 bn | 21,688.8 bn |
| Revenue YoY | +9.7% | +3.4% | −6.0% | −11.8% | +10.5% | +16.2% | +20.8% | +6.2% |
| Net income | 1,059.3 bn | 610.3 bn | 455.7 bn | 657.4 bn | 707.1 bn | 651.4 bn | 1,107.2 bn | 835.8 bn |
| Net income YoY | +71.8% | −42.4% | −25.3% | +44.3% | +7.6% | −7.9% | +70.0% | −24.5% |
| Diluted EPS | 590.79 | 345.99 | 260.13 | 380.75 | 137.03 | 128.01 | 225.88 | 178.93 |
| Diluted EPS YoY | +72.7% | −41.4% | −24.8% | +46.4% | −64.0% | −6.6% | +76.5% | −20.8% |
| net % | 6.9% | 3.8% | 3.1% | 5.0% | 4.9% | 3.9% | 5.4% | 3.9% |
| Free cash flow | 572.1 bn | 355.2 bn | 609.2 bn | 754.0 bn | 1,411.5 bn | 1,654.0 bn | 398.6 bn | -218.7 bn |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Mar 2025
- Cash
- 4,528.8 bn JPY
- Financial debt
- 8,783.4 bn JPY
- Net debt
- 4,254.6 bn JPY
- Equity
- 12,627.8 bn JPY
- Total assets
- 30,775.9 bn JPY
- Debt / equity
- 0.70x
- Current ratio
- 1.36x
- ROE
- 6.5%
- ROA
- 2.8%
- FCF margin
- -1.0%
Financial statements (source on every figure)
Revenue and net income (JPY)
Margins
Income statement · JPY
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 14,931.0 bn | 13,170.5 bn | 14,552.7 bn | 16,907.7 bn | 20,428.8 bn | 21,688.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Cost of revenue | 11,851.7 bn | 10,439.7 bn | 11,567.9 bn | 13,576.1 bn | 16,016.7 bn | 17,024.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Gross profit | 3,079.4 bn ≈ | 2,730.8 bn ≈ | 2,984.8 bn ≈ | 3,331.6 bn ≈ | 4,412.1 bn ≈ | 4,664.0 bn ≈ | SEC (XBRL)· 18 Jun 2025derived |
| Research & development | 804.1 bn | 738.9 bn | 787.1 bn | 880.9 bn | 923.6 bn | 1,099.5 bn | SEC (XBRL)· 18 Jun 2025verified |
| Operating income | 633.6 bn | 660.2 bn | 871.2 bn | 780.8 bn | 1,382.0 bn | 1,213.5 bn | SEC (XBRL)· 18 Jun 2025verified |
| Depreciation & amortisation | 1,461.4 bn | 1,425.1 bn | 1,476.9 bn | 1,596.9 bn | 1,579.5 bn | 1,612.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| EBITDA | 2,095.0 bn ≈ | 2,085.3 bn ≈ | 2,348.1 bn ≈ | 2,377.6 bn ≈ | 2,961.5 bn ≈ | 2,826.3 bn ≈ | SEC (XBRL)· 18 Jun 2025derived |
| Pre-tax income | 789.9 bn | 914.1 bn | 1,070.2 bn | 879.6 bn | 1,642.4 bn | 1,317.6 bn | SEC (XBRL)· 18 Jun 2025verified |
| Income tax | 280.0 bn | 218.6 bn | 309.5 bn | 162.3 bn | 459.8 bn | 414.6 bn | SEC (XBRL)· 18 Jun 2025verified |
| Net income | 455.7 bn | 657.4 bn | 707.1 bn | 651.4 bn | 1,107.2 bn | 835.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Diluted EPS | 260.13 | 380.75 | 137.03 | 128.01 | 225.88 | 178.93 | SEC (XBRL)· 18 Jun 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
- 2023
- 1,596.9 bn
- 2024
- 1,579.5 bn
- 2025
- 1,612.8 bn
SEC (XBRL)· 18 Jun 2025verified
Balance sheet · JPY
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 2,672.4 bn | 2,758.0 bn | 3,674.9 bn | 3,803.0 bn | 4,954.6 bn | 4,528.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Inventories | 1,560.6 bn | 1,545.6 bn | 1,918.5 bn | 2,167.2 bn | 2,443.0 bn | 2,470.6 bn | SEC (XBRL)· 18 Jun 2025verified |
| Current assets | 7,301.0 bn | 7,579.1 bn | 8,841.4 bn | 9,578.3 bn | 11,872.6 bn | 11,687.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Total assets | 20,461.5 bn | 21,921.0 bn | 23,973.2 bn | 24,670.1 bn | 29,774.2 bn | 30,775.9 bn | SEC (XBRL)· 18 Jun 2025verified |
| Short-term debt | 1,424.7 bn | 1,299.3 bn | 906.5 bn | 1,365.8 bn | 1,516.8 bn | 1,829.9 bn | SEC (XBRL)· 18 Jun 2025verified |
| Long-term debt | 4,221.2 bn | 4,715.4 bn | 4,984.3 bn | 4,374.0 bn | 6,058.0 bn | 6,953.5 bn | SEC (XBRL)· 18 Jun 2025verified |
| Current liabilities | 5,790.1 bn | 5,715.5 bn | 6,004.4 bn | 6,652.1 bn | 8,323.5 bn | 8,615.2 bn | SEC (XBRL)· 18 Jun 2025verified |
| Total liabilities | 12,175.4 bn | 12,548.2 bn | 13,200.6 bn | 13,167.8 bn | 16,768.3 bn | 18,148.0 bn | SEC (XBRL)· 18 Jun 2025verified |
| Equity | 8,286.0 bn | 9,372.8 bn | 10,772.5 bn | 11,502.3 bn | 13,005.9 bn | 12,627.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Shares outstanding at year end | 1.7 bn | — | — | — | — | — | SEC (XBRL)· 19 Jun 2020verified |
Cash flow · JPY
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 979.4 bn | 1,072.4 bn | 1,679.6 bn | 2,129.0 bn | 747.3 bn | 292.2 bn | SEC (XBRL)· 18 Jun 2025verified |
| Capex | 370.2 bn | 318.4 bn | 268.1 bn | 475.0 bn | 348.7 bn | 510.8 bn | SEC (XBRL)· 18 Jun 2025verified |
| Free cash flow | 609.2 bn ≈ | 754.0 bn ≈ | 1,411.5 bn ≈ | 1,654.0 bn ≈ | 398.6 bn ≈ | -218.7 bn ≈ | SEC (XBRL)· 18 Jun 2025derived |
| Investing cash flow | -619.5 bn | -796.9 bn | -376.1 bn | -678.1 bn | -867.3 bn | -942.0 bn | SEC (XBRL)· 18 Jun 2025verified |
| Financing cash flow | -87.4 bn | -284.0 bn | -615.7 bn | -1,468.4 bn | 918.6 bn | 280.5 bn | SEC (XBRL)· 18 Jun 2025verified |
| Share repurchases | 96.1 bn | — | — | — | — | — | SEC (XBRL)· 19 Jun 2020verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 54.2% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Price and reporting are in different currencies; market indicators are unavailable.
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
54% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 54.2% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 5.1% | 79 (vs peers) | 19% |
| Net margin · Quality | 3.9% | 80 (vs peers) | 12% |
| FCF conversion · Quality | -26.2% | 0 (on a fixed band) | 12% |
| Revenue CAGR 3Y · Growth | 14.2% | 100 (on a fixed band) | 15% |
| EPS CAGR 3Y · Growth | 9.3% | 62 (on a fixed band) | 15% |
| Net debt / EBITDA · Balance sheet | 1.5x | 50 (vs peers) | 19% |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.4x | 46 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet49/100 · 2/3 factors with a value
- Growth81/100 · 2/2 factors with a value
- Quality58/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
HONDA MOTOR CO., LTD. (HMC). Latest full fiscal year: 2025; data up to 2025-03-31.
Figures computed from the financial statements: revenue 21,688.8 bn JPY in 2025; YoY growth 6.2%; net margin 3.9%; ROE 6.7%; net debt/EBITDA 1.5x.
The estimated value range is 3,499.66–3,861.06 JPY per share (median of 3 methods, agreement: low); assumptions are illustrative. The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 54.2% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 5.1%
- Net margin: 3.9%
- Revenue CAGR 3Y: 14.2%
What contradicts it
- FCF conversion: -26.2%
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Interest coverage, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Motor Vehicles & Passenger Car Bodies (SIC 3711) · same industry (4-digit SIC) · compared with 25 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TSLATesla, Inc. | 1,522.6 bn | 424.6 | 3.8% | 3.1% | −2.9% | −10% / +60% |
| GMGeneral Motors Company | 78.0 bn | 20.6 | 6.1% | 2.1% | −1.3% | +26% / +192% |
| PCARPACCAR Inc | 55.9 bn | 20.2 | 13.7% | 9.5% | −15.5% | +1% / +16% |
| LILi Auto Inc. | 23.5 bn | 144.8 | 1.6% | 1.0% | −18.8% | −37% / −69% |
| RIVNRivian Automotive, Inc. | 20.5 bn | — | -55.0% | -45.9% | +8.4% | −17% / −16% |
| OSKOshkosh Corporation | 8.7 bn | 17.5 | 11.0% | 4.6% | −2.9% | +12% / +47% |
| NIONIO Inc. | 8.2 bn | — | -302.6% | -17.1% | +38.9% | −40% / −55% |
| VFSVinFast Auto Ltd. | 7.8 bn | — | — | -175.5% | +54.7% | +2% / −61% |
| FSSFederal Signal Corporation | 7.2 bn | 24.5 | 20.5% | 11.7% | +17.1% | +3% / +71% |
| LCIDLucid Group, Inc. | 1.3 bn | — | -571.4% | -249.2% | +67.6% | −75% / −92% |
| LOTLotus Technology Inc. | 217.2 m | — | — | -89.4% | −43.8% | −75% / −97% |
| NIUNiu Technologies | 115.3 m | — | -4.4% | -0.9% | +36.7% | −49% / −24% |
| GGRGogoro Inc. | 45.7 m | — | -56.2% | -28.4% | −9.4% | −23% / −94% |
| WKHSWorkhorse Group Inc. | 36.2 m | — | — | -301.5% | +201.1% | −69% / −100% |
| DCXDigital Currency X Technology Inc. | 21.5 m | — | — | -434.9% | −27.1% | −100% / −100% |
| FFAIFaraday Future Intelligent Electric Inc. | 12.2 m | — | -2,030.5% | -21,838.0% | −0.6% | −100% / −100% |
| FLYEFly-E Group, Inc. | 2.8 m | — | -82.2% | -67.9% | −25.0% | −62% / unavailable |
| CENNCenntro Inc. | 434.8 k | — | -126.6% | -423.9% | −42.2% | −98% / −100% |
| FFord Motor Co | — | — | -18.4% | -4.2% | +1.2% | −5% / +23% |
| XPEVXpeng Inc. | — | — | -7.9% | -46.7% | unavailable | −55% / −41% |
| HMCHonda Motor Co., Ltd. | — | — | 6.7% | 3.9% | +6.2% | +15% / +9% |
| RACEFerrari N.V. | — | — | 42.9% | 22.3% | +7.0% | +10% / +20% |
| STLAStellantis N.V. | — | — | -33.0% | -14.5% | −2.1% | −56% / −79% |
| TMToyota Motor Corp | — | — | 13.6% | 9.9% | +6.5% | −1% / +5% |
| AIIORobo.ai Inc. | — | — | — | -17,614.9% | −92.1% | −96% / −100% |
1- and 3-year price returns: for HMC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 18 Jun 2026; since then the company filed 6-K (31 Aug 2026), 6-K (05 Aug 2026), 6-K (20 Jul 2026), 6-K (15 Jul 2026), 6-K (01 Jul 2026), 6-K (30 Jun 2026).
In brief
Honda Motor Co., Ltd. develops, manufactures and sells motorcycles, automobiles and power products, and its financial services arm supports sales. In fiscal 2026 consolidated revenue reached 21796.6 billion yen, but the company reported an operating loss driven mainly by EV-related losses and tariffs.
SWOT
Strengths
- Honda has broad diversification across motorcycles, automobiles, financial services and power products, which reduces reliance on one segment 1.
- The motorcycle business is profitable and generates solid cash flow that can fund strategic investment 1.
- The company has a global production and distribution network with its own subsidiaries in the main regions 1.
Weaknesses
- EV-related losses led to an operating loss in fiscal 2026, showing the vulnerability of the current strategy 1.
- The automobile segment depends heavily on North America and on internal combustion and hybrid models, exposing it to policy shifts 1.
- Research and development spending rose sharply, adding pressure on near-term profitability 1.
Opportunities
Risks
- Geopolitical riskhigh
International tensions and regional conflicts could disrupt supply chains and raise procurement costs 1.
- Procurement riskmedium
Reliance on certain suppliers for parts and raw materials could cause delays or higher costs 1.
- Electrification riskhigh
Abrupt changes in environmental policy and demand could force further losses on EV investments 1.
- Information security riskmedium
Cyber-attacks and data leaks could affect operations and the company's reputation 1.
- Intellectual property risklow
Infringement of intellectual property rights, including through use of artificial intelligence, could trigger costly litigation 1.
Investment thesis
What would need to be true (bull case)
- If EV demand recovers, long-term investments already prepared could provide an important competitive advantage 1.
- The motorcycle and financial services businesses could support cash flow and the funding of the company's strategy 1.
- Geographic and product diversification could cushion shocks from any single market 1.
What would break the thesis
- If EV-related losses continue, group profitability could remain under pressure for a longer period 1.
- Tariffs, export restrictions and semiconductor shortages could interrupt production and reduce sales volumes 1.
- Chinese competition in electric vehicles could erode the company's position in key markets 1.
What to watch
- Development of EV-related losses and the electrification plannext 10-K
- Pace of EV demand recovery in the United States2027
- Impact of tariffs and export restrictions on costsQ1 2027
- Motorcycle sales trends in Asia and Indianext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 18 Jun 2026; since then the company filed 6-K (31 Aug 2026), 6-K (05 Aug 2026), 6-K (20 Jul 2026), 6-K (15 Jul 2026), 6-K (01 Jul 2026), 6-K (30 Jun 2026).
The business
Honda has four business segments: motorcycles, automobiles, financial services and power products and other businesses, including HondaJet aircraft deliveries 1. The automobile segment is the largest, with 13863.3 billion yen of revenue in fiscal 2026, while motorcycles show the fastest growth 1. The company operates through subsidiaries and alliances across Japan, North America, Europe and Asia 1.
Geographically North America is the most important market, with 12578.8 billion yen of revenue in fiscal 2026, followed by Japan at 2536.9 billion yen 1. Honda makes the key components such as engines, frames and transmissions itself, while many other parts are bought from numerous suppliers 1. Environmental and safety regulations, including emissions rules, directly shape product planning 1.
The long-term strategy targets zero environmental impact of society and zero traffic collision fatalities by 2050, with investment directed to hybrid and electric technologies 1. The company revised product launch plans for EV models in the US and reduced resources for EVs, which generated related losses 1. This could shape the future revenue mix depending on demand in key markets 1.
Segments
Market context
Motorcycle demand in Japan fell about 5% in fiscal 2026, and in the United States it fell about 7% in calendar 2025 1. In Asia, total demand in other countries remained moderate, while in India sales held steady year on year 1.
The automotive market is in major change, marked by competition from Chinese EV makers, environmental policy shifts in North America and Europe, and tariff trade wars 1. These shifts could affect margins and sales volumes if Honda does not respond competitively 1.
Trends
- Redirecting investment toward electrificationmixed
The company cancelled the launch of some EV models in the US and cut production, which generated significant losses 1. If EV demand resumes growth, these long-prepared investments could become an advantage 1.
- Tariffs and export restrictionsheadwind
Tariffs and export controls on components and semiconductors affected operations in fiscal 2026 and may add costs 1. These pressures are treated as a major issue for production planning 1.
- Growing motorcycle demand in Asiatailwind
Consolidated motorcycle sales rose in India, Brazil and the Philippines, offsetting declines in other markets 1. If this trend continues, the motorcycle segment could support group revenue 1.
- Raw material and battery cost pressuresheadwind
Some raw material and component prices rose, and shortages of nickel, lithium and cobalt raised battery costs 1. This could compress margins if costs cannot be fully passed on to customers 1.
Competitive position
Honda competes with traditional automakers in Japan, Europe and North America, as well as with newer Chinese EV companies whose pressure has intensified 1. In motorcycles, competition comes from Asian manufacturers selling high volumes in emerging markets 1.
In EV markets Honda has acknowledged it cannot respond fast enough to shifts in demand, which could affect its position against rivals 1. Its strength remains the solid base of hybrid and internal combustion engines 1.
- Chinese EV manufacturers
Emerging companies that have intensified competition in the electric vehicle market, as described in the company's report 1.
- European and Asian automakers
Traditional rivals in the auto markets, also affected by environmental policy changes and tariffs 1.
- Asian motorcycle manufacturers
Companies competing on high volumes in Asia, where Honda earns most of its motorcycle sales 1.
- Low-cost electric vehicle makers in emerging markets
Players offering affordable models that could gain share in regions where Honda is already present 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
- Operation Carthage: anti-corruption authorities search home of Kyiv Oblast Police chiefUkrainska Pravda (UA, EN) · 05 Nov 2026 · EN
- [AINews] It's Swapping SeasonLatent Space Newsletter · 05 Nov 2026 · EN
- Honda weighs restarting EU car output as new rules take shapeThe Japan Times · 04 Nov 2026 · EN
- Honda Trading România introduce programul de Garanție de până la 8 ani pentru automobilele HondaMediafax · 02 Nov 2026 · RO
- Free-Floating Social PatternsLessWrong · 02 Nov 2026 · EN
- Hamilton nu mai suportă ce se întâmplă la Ferrari. Anunţul făcut după ce Leclerc a "comis-o" iar - EurosportSurge — Google News · 02 Nov 2026 · RO
- Formula 1 Cel mai tânăr campion mondial din istorie. Kimi Antonelli a cucerit titlul - Economica.netSurge — Google News · 02 Nov 2026 · RO
- Formula 1: Hamilton va lua startul din pole position în Marele Premiu al MexiculuiSpotMedia.ro · 01 Nov 2026 · RO
- Auto-F1: Hamilton va lua startul din pole position în Marele Premiu al Mexicului - AgerpresAgerpres · 01 Nov 2026 · RO
- Lewis Hamilton, pole position în Marele Premiu al Mexicului! Primul pentru Ferrari în acest sezon - iAM SPORTSurge — Google News · 01 Nov 2026 · RO
- Toyota, Honda, Nissan slash China output as gasoline car market shrinksNikkei Asia · 29 Oct 2026 · EN
- Honda warns 50% Canada auto tariffs would be catastrophic for auto industryCNBC World · 27 Oct 2026 · EN
- Aston Martin speră să obțină prima victorie din F1 alături de motorul Honda – RedBull stă însă „la pândă”G4Media · 27 Oct 2026 · RO
- Honda All - New 2028 CR - V Is Coming by Spring 2027 , and It May Go Hybrid - Only Like the RAV4Surge — GDELT DOC · 27 Oct 2026 · RO
- Japonia revine în cursa globală a roboticii – Planul Toyota pentru 250.000 de roboți – Miza, concurența cu ChinaCursDeGuvernare.ro · 26 Oct 2026 · RO
- Audi va investi 4 miliarde de dolari într-o nouă uzină. Germanii au cedat la presiunea lui Trump - Wall-Street.roSurge — Google News · 26 Oct 2026 · RO
- SUA. Audi va investi aproximativ 4,2 miliarde de dolari într-o fabrică de SUV-uri în Georgia, cu o capac... - BizidayBiziday.ro · 25 Oct 2026 · RO
- Audi intenționează să construiască o fabrică de 4 miliarde de dolari în SUA. - Vietnam.vnSurge — Google News · 25 Oct 2026 · RO
- Audi to invest $4 . 2 billion in first US factory , plans to build 2 lakh SUVs annuallySurge — GDELT DOC · 25 Oct 2026 · RO
- SUA. Audi va investi aproximativ 4,2 miliarde de dolari într-o fabrică de SUV-uri în Georgia, cu o capacitate anuală de 200.000 de vehicule. Proiectul va crea aproximativ 4.500 de locuri de muncă, iar producția este programată să înceapă la începutul anului 2030.Biziday.ro · 25 Oct 2026 · RO
SEC filings
- Current report (foreign issuer)31 Aug 2026
- Current report (foreign issuer)05 Aug 2026
- Current report (foreign issuer)20 Jul 2026
- Current report (foreign issuer)15 Jul 2026
- Current report (foreign issuer)01 Jul 2026
- Current report (foreign issuer)30 Jun 2026
- Annual report (foreign issuer)18 Jun 2026
- Current report (foreign issuer)03 Jun 2026
- Current report (foreign issuer)14 May 2026
- Current report (foreign issuer)08 May 2026
Sources
- [1] Form 20-F, fiscal year ended 2026-03-31 · SEC / Honda Motor Co., Ltd. · 18 Jun 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.