Honda and Toyota

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  • Topic: Toyota, Honda, Toyota Group
  • Pages : 13 (3341 words )
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  • Published : April 8, 2013
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2013
2013

Group member
Vu Thi Thu Hang
Nguyen Thi Kieu Trang
Nguyen Van Chi
Dang Dinh Thanh

Group member
Vu Thi Thu Hang
Nguyen Thi Kieu Trang
Nguyen Van Chi
Dang Dinh Thanh
Honda and Toyota
Financial statement analysis
Honda and Toyota
Financial statement analysis
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Contents
A.Executive summary2
B.Brief profiles and recently performance2
I.Honda Company2
1.Executive Summary2
2.History:2
3.Problem of Honda Company from 2010 to 20122
II.Toyota Company3
1.Executive summary3
2.Problem of Toyota’s company from 2010 to 20124
C. Financial Statement Analysis5
I.Honda Company5
1.Liquidity5
2.Solvency6
3.Summary7
II.Toyota Company8
1.Liquidity8
2.Solvency9
3.Summery10
D.Performance comparison11
References12
Appendix13

A. Executive summary

This report about Honda and Toyota companies. The report including these information: * Brief Profiles about two company and their recent performance also the factor affected their performance * Financial Statement Analysis with the viewpoint of a creditor * Performance comparison between Honda, Toyota and the industry

B. Brief profiles and recently performance
I. Honda Company
1. Executive Summary
Website| http://world.honda.com/|
Industry*| Automobiles|
Issue Type| ADS Common|
Country of Origin| Japan|
Listing date| 11 Feb 1977 (ADR)|
2. History:
Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products worldwide. Its motorcycle line consists of business and commuter models, as well as sports models, including trial and moto-cross racing; all—terrain vehicles; and multi utility vehicles. The company also produces various automobile products, including passenger cars, light trucks, and mini vehicles; and power products comprising tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors, and home-use cogeneration units, as well as thin film solar cells for home, public, and industrial uses. In addition, it sells spare parts and provides after sales services through retail dealers; and offers retail lending and leasing to customers, as well as wholesale financing to dealers. The company was founded in 1946 and is headquartered in Tokyo, Japan. 3. Problem of Honda Company from 2010 to 2012

Revenue and operating income of Honda from 2008 to 2012 decreased significantly because: * The U.S. division of Honda said it is planning to announce the recall of an undisclosed number of vehicles because of potentially unsafe brakes, adding to the automaker's 2010 woes.The most recent evidence of Honda's insensitivity to customer needs is the 2012 Civic. Rather than taking note of growing buyer preferences for more comfortable small cars, it produced a simpler vehicle that failed to win a recommendation from Consumer Reports, a bible for many Honda customers. The Civic's success is critical to Honda because, along with Accord, it accounted for a hefty 83% of Honda's passenger car sales in the first half of 2011.It didn't help when Honda's operations were severely disrupted by the earthquake and tsunami in March. The automaker has struggled to right itself, and its financial results have taken a severe hit. Revenues fell 27% in the first quarter, and its operating profit nearly disappeared. * Honda’s operations are subject to currency fluctuations.Honda has manufacturing operations throughout the world, including Japan, and exports products and components to various countries. Honda purchases materials and sells its products in foreign currencies. Therefore, currency fluctuations may affect Honda’s pricing of products sold and materials purchased. Accordingly, currency...
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