Honda Motor Co, a prominent player in the global automotive industry, continues to thrive as one of the world’s leading automakers. With its impressive range of products and services, Honda has gained significant success and recognition worldwide.
The company’s net sales are diversified across various activities, highlighting its broad scope of operations. The largest share of net sales, accounting for 70.2%, comes from the sales of cars. In the 2018/19 fiscal year, Honda sold a remarkable 5.3 million units. Additionally, Honda’s financial services segment contributes to 15.3% of its net sales.
Another significant portion of Honda’s revenue is generated through motorcycle sales. With a market share of 12.1%, Honda maintains its position as the top motorcycle seller globally. In the 2018/19 fiscal year alone, the company sold an impressive 20.2 million units.
Honda also diversifies its portfolio with a 2.4% contribution from other activities such as the sale of equipment including lawnmowers, rototillers, snowblowers, water pumps, and electrical generators.
In terms of geographical distribution, Honda’s net sales are spread across different regions. The company’s home country, Japan, accounts for 15.9% of net sales. The Asian market contributes 20.2%, while North America takes the largest share with 54.5%. Europe represents 4.7% of Honda’s net sales, with the remaining 4.7% coming from other regions.
Honda Motor Co’s success can be attributed to its strong presence in the automotive industry and its focus on delivering high-quality products and services. As the company continues to expand and innovate, it remains a key player in shaping the future of the global automotive market.
