...HERO HONDA-BUSINESS Hero Honda Motors Ltd. is a result of the joint venture between India's Hero Group and Japanese Honda Motors Company in the year 1983. This joint venture has not only created the world's single largest two wheeler company but also one of the most successful joint ventures worldwide. Hero Honda is globally known of being the most fuel-efficient and the largest CBZ selling Indian motorcycle company. This is a relationship so harmonious that Hero Honda has managed to achieve indigenisation of over 95 percent, a Honda record worldwide. The below chart shows the golden years in the history of HERO HONDA :- 1985 | Hero Honda CD-100 | 1989 | Hero Honda SLEEK | 1991 | Hero Honda CD-100 SS | 1994 | Hero Honda Spelendor | 1997 | Hero Honda Street | 1999 | Hero Honda CBZ | 2001 | Hero Honda PASSION | 2002 | Hero Honda DAWN, AMBITION | 2003 | Hero Honda CD-DAWN, SPLENDOR +, PASSION + and Hero Honda KARIZMA | 2005 | Hero Honda SUPER-SPLENDOR, CD-DELUX, GLAMOUR, ACHIEVER | The company is committed to provide the customer with excellence. A rich background of producing high value products at reasonable prices led the world's largest manufacturer of motorcycles to collaborate with the world's largest bicycle manufacturer. During 80s, Hero Honda became the first company in India to prove that it was possible to drive a vehicle without polluting the roads. They company possess three manufacturing units based at Dharuhera, Gurgaon and Haridwar...
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...Honda Motors Vision & Mission: The Honda Foundation was established in December 1977 by donations from the founder of Honda Motor Company, Soichiro Honda, and his younger brother, Benjiro. The Foundation was established as a result of the first DISCOVERIES International Symposium that had been held the previous year. DISCOVERIES is the acronym for "Definition and Identification Studies on Conveyance of Values, Effects and Risks Inherent in Environment Synthesis." At this first symposium issues on how to harmonize human activities with the earth’s environment were actively discussed from the perspective of a broad range of different fields. The response to this approach was huge with mounting requests to continue and expand these discussions. The Foundation was thus established in 1977 to address these issues. Since then the DISCOVERIES series of international symposia covering a broad range of topics have been held 11 times in various world-renowned cities. In 2000 the international symposium discussed the topic of what form regional cooperation in East Asia should take, and since then there have been all types of seminars and symposia held every year on a variety of timely topics, all of which have been highly regarded. In 1980 the Foundation established an international award, the Honda Prize, to recognize individuals or groups for distinguished contributions in the field of ecotechnology. Since then, the Foundation has continued activities to honor scientists...
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...International Marketing Strategy Honda and its entry in Chinese Market 2011 user [Type the company name] 12/11/2011 Introduction Honda Motor Co., Ltd. functions under the basic principles of "Respect for the Individual" and "The Three Joys" - commonly uttered as The Joy of Buying, The Joy of Selling and The Joy of Creating. "Respect for the Individual" reflects our desire to respect the unique character and ability of each individual person, trusting each other as equal partners in order to do our best in every situation. Based on this, "The Three Joys" expresses their belief and desire that each person working in, or coming into contact with our company, directly or through or products, should share a sense of joy through that experience. In line with these basic principles, since its establishment in 1948, Honda has remained on the leading edge by creating new value and providing products of the highest quality at a reasonable price, for worldwide customer satisfaction. In addition, the Company has conducted its activities with a commitment to protecting the environment and enhancing safety in a mobile society. The Company has grown to become the world's largest motorcycle manufacturer and one of the leading automakers. With a global network of 474 subsidiaries and affiliates accounted for under the equity method, Honda develops, manufactures and markets a wide variety of products, ranging from small general-purpose engines and scooters...
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...for service, Honda Motor Co., LTD for Manufacturing, and Starbucks Coffee for retail. Team C will calculate and explain the current ratio, quick ratio, net profit margin, asset utilization, and financial leverage. Team C will also discuss the DuPont Method. An analysis of the differences in the industries, the various conventions and how they affect these organizations, ISAB basis for accounting (IFRS) and FASB or GAAP accounting principles, the strategies for working capital for all three organizations, and analyzing the financial ratios and interpreting what they mean for each organization as well as future forecasts. Financial Statement Interpretation Differences in the Industries CVS Health operates in two segments: Pharmacy Services and Pharmacy Retail. While Pharmacy Retail may be what it is most widely known for, it is Pharmacy Services that is the most profitable segment for the health company. The Pharmacy Services division serves primarily employers, the managed care plan for Medicaid, and pharmaceutical contracts. CVS Health, the most integrated pharmacy chain in the United States, includes nearly 8,000 drugstores and over 1,000 clinics. Additionally, CVS Health has expanded their reach in both these fronts with the acquisition of Omnicare and Target locations, and the integration of their innovative Minute Clinics. Honda Motor Company, LTD produces and manufactures an array of motor products (Reuters, 2016). There are four segments to Honda: motorcycles...
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...difference in the finances of General Motors (GM) and Honda Motor Company come down to the way they handle their Inventory costs and their cost of goods sold. The following information will reveal in detail these differences. Year over year, General Motors Company has seen net income shrink from $9.2B USD to $6.2B USD despite relatively flat revenues. A key factor has been an increase in the percentage of sales devoted to the cost of goods sold from 87.79% to 91.27%. Although debt as a percent of total capital increased at General Motors Company over the last fiscal year to 30.25%, it is still in-line with the Automobiles industry's norm. Additionally, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Accounts Receivable are typical for the industry, with 24.79 days’ worth of sales outstanding. Last, General Motors Company is among the least efficient in its industry at managing inventories, with 39.08 days of its Cost of Goods Sold tied up in Inventories Year over year, Honda Motor Co., Ltd. has been able to grow revenues from ¥7.4T JPY to ¥9.9T JPY. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold, SGA expenses and income tax expenses. All of these improvements led to a bottom line growth from ¥211.5B JPY to ¥367.1B JPY Although debt as a percent of total capital increased at Honda Motor Co., Ltd. over the last fiscal year...
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...Honda Introduction and Overview Honda Motor Co. Ltd. was incorporated in 1948 and originally manufactured and sold motorcycles (Whiston, 2012). Today, Honda is known for its manufacturing of many items – motorcycles, power products, engines (boat, generators and lawnmowers); and even private jets and robots (Whiston, 2012). For purposes of this research, however, we'll focus on Honda's auto-manufacturing abilities. During fiscal year 2012, Honda sold 15.7 million cars and motorcycles; automobiles constitute a little more than 70% of the company's revenue (Whiston, 2012). Honda has developed over the years. There are a wide varity of products avalialabe that serve many different purposes from the small general purpose engines to specialty custom made sport cars and now scooters. Honda has a earned the company a very good reputation from customers all over the world. From when the company was established until now, Honda has be on the leading edge by creating new value and offering many different products of high quality at a family friendly price, for its worldwide customer satisfaction. Honda is certainly on the list of many consumers, especially as we'll see in this paper, consumers are interested in reliability, quality and fuel efficiency. The problem Honda faces, however, is that it's seen as a "practical" car, one that someone will buy to save gas or to ensure safety in a crash This is something that has been pounded into consumers' heads, as many Honda ads in the past...
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...at least eight months, helped by pent-up demand from consumers trading in aging vehicles and a wider selection of Honda and Toyota brand cars and trucks. Forty-one economists polled by Reuters expect October's seasonally adjusted annualized rate to be around 13.2 million vehicles, up about 9 percent from the year earlier. In September, the sales rate was 13.1 million. Analysts said October's likely stronger sales were also driven by the greater availability of vehicles made by Honda Motor Co. and Toyota Motor Co. , after the industry recovered from Japan's March earthquake which triggered a shortage of auto parts. Index Last Change GM 25.85 -0.60 -2.27% F 11.68 -0.32 -2.67% Quotes delayed 15+ min. "We think there was some pent-up demand held over from Honda and Toyota die-hards who waited to buy those and in October there was growing inventory," Edmunds.com analyst Michelle Krebs said. Auto sales are an early indicator each month of U.S. consumer demand. But Krebs added that Honda's rebound could be short-lived after severe flooding in Thailand triggered a shortage of crucial electronic parts. The flooding will not hit October sales, but it may affect November and December U.S. auto sales, particularly at Honda, analysts said. Honda withdrew its 2011 financial outlook and cut North American output by half from November 2 to November 10. Honda also pushed back the sales date for its 2012 CR-V crossover, the company's entry in the hot-selling compact SUV market...
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...History Atlas Honda Limited (AHL) is a joint venture between the Atlas Group and Honda Motor Co. Ltd., Japan. The company was created by the merger of Panjdarya Limited and Atlas Autos Ltd. in 1988. Both these motorcycle manufacturing concerns were established by the Atlas Group. In addition, a third concern, Atlas Epak Ltd. was taken over by the Government of Bangladesh in 1971 after the fall of Dhaka. AHL manufactures and markets Honda motorcycles in collaboration with Honda Motor Company. The Company also manufactures various hi-tech components in-house in collaboration with leading parts manufacturers like Showa Atsumitech, Nippon Denso and Toyo Denso. Honda motorcycles are by far the largest selling motorcycles in the country with an unmatched reputation for high quality, reliability and after-sales-service. Atlas Honda in Pakistan: Atlas has undertaken to develop local manufacturing capabilities to the highest, economically feasible level. While a major role in localization has been assigned to vendor industries, Atlas has the country’s largest in-house manufacturing capability at its Karachi and Sheikhupura plants. To support the production facilities, the company has established an R&D wing and tool making facilities through CDA & CAM, which are growing rapidly in size and function as the company expands. Atlas has managed to execute 14 Joint Venture/Technical Assistance Agreements between local vendors and foreign manufacturers for transfer of technology. Export ...
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...(Morningstar, 2015). |Industry Name |5-Day |YTD |1-Month |3-Month |1-Year |3-Year |5-Year | | | | | | | | | | | | | | | | | | | | |Household & Personal |2.00 |2.38 |0.26 |0.69 |5.98 |14.41 |12.86 | | |Products | | | | | | | | | Procter & Gamble Co |186,515.74 |-3.44 |-22.35 |-9.42 |-11.17 |-14.73...
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...Ford Motor Co Industry: Automobile (Auto Manufacturers – Major) Sector: Consumer Goods Products and Services: Ford Motor Company primarily develops, manufactures, distributes, and services vehicles and parts worldwide. Ford operates in two sectors: • The Automotive sector: Offers vehicles primarily under the Ford (www.ford.com) and Lincoln (www.lincoln.com) brand names. This sector markets cars, trucks, and parts through retail dealers in North America, and through distributors and dealers outside of North America. It also sells cars and trucks to dealers for sale to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, this sector provides retail customers with a range of after-sale vehicle services and products in the areas, such as maintenance and light repair, heavy repair, collision repair, vehicle accessories, and extended service contracts under the Ford Service, Lincoln Service, Ford Custom Accessories, Ford Extended Service Plan, and Motorcraft brand names. • The Financial Services sector: offers various automotive financing products to and through automotive dealers. It offers retail financing, which includes retail installment contracts for new and used vehicles; direct financing leases; wholesale financing products that comprise loans to dealers to finance the purchase of vehicle inventory; loans to dealers to finance working capital, purchase real estate dealership, and/or...
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...Honda Honda Motor Co manufactures and markets a wide variety of products, ranging from small general-purpose engines and motorbikes to sports cars. The Japanese company uses “the power of dreams” as its positioning statement and its car brands include Civic, Accord and Odyssey. Honda is one of the only two manufacturers that have energy-efficient Hybrid cars in mass production. Such models include the Insight and the IMA Civic models, which are better for the environment because the produce 90% less pollution than ordinary cars and have 50% lower CO2 emissions. Honda have topped markets worldwide for the hygiene of its cars, Honda has also been rated as having the highest corporate fuel economy average of any large car maker in the US. In the US Hondas car plants have cut their emissions by more than 65% in the last five years. Honda has set energy-reduction goals for all areas of their operations. Honda has released a range of hybrid cars that are available to all, whilst most other car manufacturers are at the prototype stage. Honda has concentrated on developing low emission vehicles in environmentally friendly ways. Honda has initiated the hybrid technology into their production line such as the Honda Insight. Hybrid technology is currently the most effective way there is to cut CO2 emissions on the road. A Honda hybrid uses two sources of power from the vehicle one being a small efficient petrol engine and the other an electric motor. The Honda Hybrid collection...
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...LAPORAN AKHIR PROGRAM KREATIVITAS MAHASISWA PENELITIAN PENGGUNAAN MEDAN MAGNET DAN TURBO CYCLONE UNTUK MEREDAM KEBISINGAN DAN EMISI GAS BUANG PADA SEPEDA MOTOR BIDANG KEGIATAN: PKMP Oleh: Nuraini Lusi 106511400369/2006 Mukhamad Harun Rasyid 106511404729/2006 Mukhamad Suhermanto 108513414362/2008 Slamet Sutikno 108513414363/2008 UNIVERSITAS NEGERI MALANG MALANG 2010 HALAMAN PENGESAHAN LAPORAN AKHIR PROGRAM KREATIVITAS MAHASISWA 1. Judul Kegiatan : Penggunaan Medan Magnet Dan Turbo Cyclone Untuk Meredam Kebisingan Dan Emisi Gas Buang Pada Sepeda Motor 2. Bidang Kegitan : ( ) PKMP ( ) PKMK ( ) PKMT ( ) PKMM 3. Bidang Ilmu : ( ) Kesehatan ( ) Pertanian ( ) MIPA ( ) Teknologi dan Rekayasa ( ) Sosial Ekonomi ( ) Humaniora ( ) Pendidikan 4. Ketua Pelaksana Kegiatan a. Nama Lengkap : Nuraini Lusi b. NIM : 106511400369 c. Jurusan : Pendidikan Teknik Mesin d. Universitas : Universitas Negeri Malang e. Alamat Rumah dan No Tel./HP : Ds.Kapedi Bluto Kab. Sumenep HP.085730477753 f. Alamat E-mail : liluza_x@yahoo.com 5. Anggota Pelaksana Kegiatan : 3 orang 6. Dosen Pendamping a. Nama Lengkap dan Gelar : Dr. Mardi Wiyono, S.T, M. Pd ...
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...INTERNATIONAL FINANCIAL MANAGEMENT PROJECT (TBS-980) SECTOR-AUTOMOBILE NISSAN MOTORS CO. LTD Prepared By :- Varun Gupta Student id :- 4449770 CONTENTS 1) INTRODUCTION COMPANY OVERVIEW BUSINESS STRATEGY 2) FINANCIAL STATEMENTS FOR YEAR 2009-2012 (end Mar31) INCOME STATEMENT BALANCE SHEET 3) RATIO ANALYSIS CONCLUSIONS 4) OPERATING LEVERAGE AND DEGREE OF FINANCIAL LEVERAGE (DOFL) CONCLUSIONS 5) PRO FORMA INCOME STATEMENT CONCLUSIONS 6) EXTERNAL FUND REQUIREMENT FOR YEAR 2013 7) ADVICE FOR SHARE HOLDERS 8) REFERENCES COMPANY OVERVIEW - NISSAN MOTOR CO. LTD Nissan motor co. ltd was formed by Yoshisuke Aikawa in 1934 at Japan. Initially Nissan Motor produced trucks, airplanes and engines for Japanese military. Later they produced different cars for the public. In 1950 Nissan Motors decided to expand globally to different markets. Their intention was to target big and different markets like US, Europe, AUS. Their international venture started in 1959. In 1959 Nissan Motors decided to exhibit their cars in US. As US was the largest market in the world. They showcased their cars at Los Angles auto show. After that they expanded to different markets like Australia, UK. They produced different kind of cars like Datsun-fairlady roadsters, Datsun510, Datsun 240z. In 1970 they became one of the world’s largest exporter. In 1973 Nissan expanded their...
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...Honda Atlas Cars (Pakistan) Limited is a joint venture between Honda Motor Company Limited, Japan and the Atlas Group, Pakistan. The company was incorporated on November 4, 1992 and a joint venture agreement was signed on August 5, 1993. The company is listed on Karachi, Lahore and Islamabad Stock Exchanges. On July 14, 1994, booking of Honda cars started at six dealerships in Karachi, Lahore and Islamabad. Since then the company has developed twenty one 3S dealers (Sales, Service and Spare Parts) thirty 2S dealers (Service and Spare Parts) and six 1S dealers (Spare Parts) network in all major cities of Pakistan. Since the commencement of production in 1994, the company has produced and sold more than 200,000 cars till July 12, 2012. All dealerships are constructed in accordance with the standards defined by Honda World over. Operations Strategy of Honda Atlas An operation strategy is a plan for the design and management of the operations function, in ways that support the business strategy. The operation strategy is the one that associates the business strategy to the operations function. The focus lies on the operation’s particular capabilities that give a competitive edge to the company. The focus of Honda Atlas operational strategy is to minimize of costs and providing high quality products. 5P’s in Honda Atlas Pakistan 1. Plants (assembling ) 2. Products 3. People 4. Process 5. Programs Plant: The actual plant capacity at Honda Atlas is 18,000...
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...Chery Auto's Success Story (BSTR 377) ------------------------------------------------- Abstract: China based Chery Automobile is one of the top ten car manufacturers and the leading exporter of cars in the country. Started as an automotive company by the Wuhu government in 1997, Chery designed engines for cars. After finding no buyers for its engines, it decided to build its own car. Chery entered into tie-up with another automotive company which had license to sell cars to retail customers in China. After obtaining its own license, Chery implemented a four-phase strategy to develop its technical strengths. Chery started exporting cars as early as 2001 and became the largest exporter of cars among the Chinese car companies. Chery expanded globally to have its presence in over 70 countries by 2009. | | ------------------------------------------------- Issues: » Study and analyze the competitive strategies of Chinese automobile companies. » Understand how Chery Auto used available resources effectively to manufacture cars. » Examine how a startup company could develop R&D capabilities by collaborating with other firms. » Study the globalization strategies of Chery Auto. » Evaluate the challenges faced by Chery Auto in the near future. ------------------------------------------------- Contents: | Page No. | Introduction | 1 | Background Note | 2 | The Growth Strategy | 3 | Going Global | 5 | The Challenges | 7 | The Road Ahead | 9 | ...
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