Productions and Operations Management

Topics: Honda, Honda Civic, Honda motorcycles Pages: 84 (15363 words) Published: October 8, 2010
Polytechnic University of the Philippines
Sta. Mesa, Manila
College of Accountancy

ACCO3073 – Production and Operations Management




Emmanuelle Jan G.Selloria

Ayessa Faye G. Sibayan

Arnie C. Talanay

Joanna Marie A. Tambis

BSA, 3-4D

Professor Maria Luisa U. Oliveros

Company Name
Honda Motor Co., Ltd.

Head Office
1-1, 2-chome, Minami-Aoyama, Minato-ku, Tokyo 107-8556, Japan Tel: +81-(0)3-3423-1111

September 24, 1948

President & CEO
Takanobu Ito

¥86 billion (as of March 31, 2010)

Sales (Results of fiscal 2010)
Consolidated: ¥8,579,174 million
Unconsolidated: ¥2,717,736 million

Total number of employees
Consolidated: 176,815 (as of March 31, 2010) Aoyama Building

Unconsolidated: 26,121 (as of March 31, 2010)

Consolidated subsidiaries
390 subsidiaries (as of March 31, 2010)

Chief Products
Motorcycles, automobiles, power products


Honda Motor Co., Ltd. operates under the basic principles of "Respect for the Individual" and "The Three Joys" — commonly expressed 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 our 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 492* 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 to specialty sports cars, to earn the Company an outstanding reputation from customers worldwide.

Mission, Vision and Goals


|Basic Principles |Respect for the individual. The Three Joys (buying, selling and creating) | |Company Principle |Maintaining a global viewpoint, we are dedicated to supplying products of the highest quality, yet at a | |(Mission Statement) |reasonable price for worldwide customer satisfaction. | |Management Policies |Proceed always with ambition and youthfulness. | | |Respect sound theory, develop fresh ideas, and make the most effective use of time. | | |Enjoy work and encourage open communication. | | |Strive constantly for a harmonious flow of work. | | |Be ever mindful of the value of research and endeavor. |

Dreams inspire us to create innovative products that enhance mobility and benefit society. To meet the particular needs of customers in different regions around the world, we base our sales networks, research and development centers and manufacturing facilities in each region. Furthermore, as a socially responsible corporate citizen, we strive to...
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