7267
HONDA MOTOR CO., LTD.
本田技研工業株式会社
Transportation Equipments
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, and power products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Power Product and Other Businesses manufactures and sells power products, such as general-purpose engines, lawn mowers, generators, water pumps, brush cutters, and tillers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sales services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.
Price
¥1,452
Market Cap
¥6.3T
Ent. Value
—
Net Cash
est
—
Shares Out.
4.3B
P / E
—
EV / EBIT
—
P / Book
—
P / NCAV
N/M
Div. Yield
4.68%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥21,688.8B | ¥20,428.8B | ¥16,907.7B | ¥14,552.7B |
| Cost of Sales | ¥17,024.8B | ¥16,016.7B | ¥13,576.1B | ¥11,567.9B |
| SG&A | ¥2,351.0B | ¥2,106.5B | ¥1,669.9B | ¥1,326.5B |
| Operating Income | ¥1,213.5B | ¥1,382.0B | ¥780.8B | ¥871.2B |
| Interest Income | ¥191.1B | ¥173.7B | ¥73.1B | ¥25.6B |
| Interest Expense | ¥54.9B | ¥59.6B | ¥36.1B | ¥16.9B |
| Pre-tax Income | ¥1,317.6B | ¥1,642.4B | ¥879.6B | ¥1,070.2B |
| Net Income (owners) | ¥835.8B | ¥1,107.2B | ¥651.4B | ¥707.1B |
| Minority Interest | ¥67.2B | ¥75.4B | ¥65.9B | ¥53.6B |
| Comprehensive Income | ¥766.3B | ¥2,075.9B | ¥1,155.4B | ¥1,695.7B |
| Shares Outstanding | 4.34B | 4.82B | 1.66B | 1.70B |
| Shares Issued (total) | 5.28B | 5.28B | 1.81B | 1.81B |
| Treasury Shares | 944.7M | 464.9M | 154.0M | 107.5M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥30,775.9B | ¥29,774.2B | ¥24,670.1B | ¥23,973.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥11,687.8B | ¥11,872.6B | ¥9,578.3B | ¥8,841.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥4,528.8B | ¥4,954.6B | ¥3,803.0B | ¥3,674.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥19,088.1B | ¥17,901.6B | ¥15,091.7B | ¥15,131.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥3,209.9B | ¥3,234.4B | ¥3,168.1B | ¥3,079.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥1,126.0B | ¥999.7B | ¥870.9B | ¥849.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥143.5B | ¥170.9B | ¥105.8B | ¥91.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥18,148.0B | ¥16,768.3B | ¥13,167.8B | ¥13,200.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥8,615.2B | ¥8,323.5B | ¥6,652.1B | ¥6,004.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥9,532.9B | ¥8,444.8B | ¥6,515.7B | ¥7,196.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥718.1B | ¥855.1B | ¥877.3B | ¥990.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥12,627.8B | ¥13,005.9B | ¥11,502.3B | ¥10,772.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥205.3B | ¥205.1B | ¥185.6B | ¥185.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥11,122.2B | ¥10,644.2B | ¥9,980.1B | ¥9,539.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1,272.8B | ¥-550.8B | ¥-484.9B | ¥-328.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥2,185.8B | ¥2,312.4B | ¥1,417.4B | ¥990.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥12,326.5B | ¥12,697.0B | ¥11,184.2B | ¥10,472.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥301.3B | ¥308.9B | ¥318.0B | ¥299.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥4,528.8B | ¥4,954.6B | ¥3,803.0B | ¥3,674.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-6,460.3B | ¥-4,895.7B | ¥-3,589.4B | ¥-4,359.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-1,490 | ¥-1,017 | ¥-2,166 | ¥-2,558 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥2,843 | ¥2,637 | ¥6,748 | ¥6,146 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥292.2B | ¥747.3B | ¥2,129.0B | ¥1,679.6B |
| Investing CF | ¥-942.0B | ¥-867.3B | ¥-678.1B | ¥-376.1B |
| CapEx | ¥510.8B | ¥348.7B | ¥475.0B | ¥268.1B |
| Financing CF | ¥280.5B | ¥918.6B | ¥-1,468.4B | ¥-615.7B |
| Free Cash Flow | ¥-218.7B | ¥398.6B | ¥1,654.0B | ¥1,411.5B |
| Net Change in Cash | ¥-425.8B | ¥1,151.6B | ¥128.1B | ¥916.9B |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 4
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
773,501 | 17.77% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
282,587 | 6.49% |
| 3 | モックスレイ・アンド・カンパニー・エルエルシー(常任代理人 株式会社三菱UFJ銀行) | 247,552 | 5.69% |
| 4 |
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー 505001(常任代理人 株式会社みずほ銀行)
|
143,430 | 3.30% |
| 5 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行)
|
138,237 | 3.18% |
| 6 |
State Street Bank and Trust Company
ステート ストリート バンク ウェストクライアント トリーティー 505234(常任代理人 株式会社みずほ銀行)
|
91,703 | 2.11% |
| 7 |
JPMorgan Chase Bank, N.A.
ジェーピー モルガン チェース バンク 385781(常任代理人 株式会社みずほ銀行)
|
69,455 | 1.60% |
| 8 | JPモルガン証券株式会社 | 64,730 | 1.49% |
| 9 | 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 58,565 | 1.35% |
| 10 | アクサ生命保険株式会社 | 57,000 | 1.31% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
24.3%
+1.9% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
7.0%
+3.6% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
13.0%
-2.5% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 44.3% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 15.61% | 16.01% | 17.77% +1.76% | |
| Japan Custody Bank 日本カストディ銀行 | 6.21% | 6.32% | 6.49% +0.17% | |
| モックスレイ・アンド・カンパニー・エルエルシー | 7.02% | 5.38% | 5.69% +0.31% | |
| State Street | 1.76% | 1.98% | 5.41% +3.43% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 2.97% | 2.86% | 3.18% +0.32% | |
| JP Morgan ↑ | 1.37% | 1.42% | 1.60% +0.18% | |
| JPモルガン証券 NEW ENTRY | — | — | — | 1.49% NEW |
| Nippon Life Insurance 日本生命保険 | 1.72% | 1.78% | 1.35% -0.43% | |
| アクサ生命保険 NEW ENTRY | — | — | — | 1.31% NEW |
| エスエスビーティシー クライアントオムニバス アカウント last seen 2024 | Exited Top 10 | 2.62% | 2.00% | — |
| JPモルガン証券 last seen 2024 | Exited Top 10 | — | 1.78% | — |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 last seen 2024 | Exited Top 10 | 1.92% | 1.76% | — |
| Northern Trust last seen 2023 | Exited Top 10 | 1.58% | — | — |
| Concentration (HHI) ⓘ | 361 | 353 | 438 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥155,269M
+16% since 2023
Holdings
42
+7 new
20 exited
Trend
3 building
vs 2023
| Held Company | FY2025 ¥155,269M total | FY2023 ¥134,113M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Stanley Electric Co.,Ltd.
スタンレー電気㈱
|
46,951 |
16,735,527
|
49,051 | 16,735,527 | M |
|
Renesas Electronics Corporation
ルネサスエレクトロニクス㈱
|
35,083 |
NEW
New
17,651,900
|
— | ||
|
NIKKON Holdings Co.,Ltd.
ニッコンホールディングス㈱
|
13,186 |
+100.0%
↑
4,898,416
|
6,061 | 2,449,208 | M |
| ㈱ジーエス・ユアサ コーポレーション | 11,711 |
+412.8%
↑
4,915,750
|
2,283 | 958,650 | M |
|
Niterra Co., Ltd.
日本特殊陶業㈱
|
6,969 |
1,541,693
|
4,218 | 1,541,693 | M |
| オリエンタルホールディングス・ ビー・エイチ・ディ | 6,056 |
25,119,424
|
5,025 | 25,119,424 | |
|
Daido Special Steel Co., Ltd.
大同特殊鋼㈱
|
5,436 |
+250.0%
↑
4,568,725
|
6,787 | 1,305,345 | M |
|
NIPPON SEIKI CO.,LTD.
日本精機㈱
|
4,353 |
3,753,238
|
3,175 | 3,753,238 | M |
|
NOK CORPORATION
NOK㈱
|
3,759 |
NEW
New
1,717,000
|
— | M | |
|
Shindengen Electric Manufacturing Co.,Ltd.
新電元工業㈱
|
2,708 |
1,336,332
|
4,470 | 1,336,332 | M |
|
Sumitomo Rubber Industries, Ltd.
住友ゴム工業㈱
|
2,637 |
1,400,945
|
1,675 | 1,400,945 | M |
|
Topre Corporation
東プレ㈱
|
1,813 |
964,309
|
1,183 | 964,309 | M |
|
The Yokohama Rubber Company,Limited
横浜ゴム㈱
|
1,683 |
489,240
|
1,368 | 489,240 | M |
| 森六ホールディングス㈱ | 1,606 |
792,000
|
1,458 | 792,000 | M |
|
F-TECH INC.
㈱エフテック
|
1,385 |
2,551,000
|
1,681 | 2,551,000 | M |
|
MITSUBA Corporation
㈱ミツバ
|
1,363 |
1,662,549
|
867 | 1,662,549 | M |
|
HI-LEX CORPORATION
㈱ハイレックスコーポレーション
|
1,339 |
850,253
|
1,031 | 850,253 | M |
|
Sanoh Industrial Co.,Ltd.
三櫻工業㈱
|
1,320 |
2,000,000
|
1,318 | 2,000,000 | |
|
Sumitomo Electric Industries, Ltd.
住友電気工業㈱
|
895 |
363,000
|
616 | 363,000 | M |
|
MEIKO TRANS CO.,LTD.
名港海運㈱
|
724 |
458,419
|
542 | 458,419 | M |
|
ALPS ALPINE CO., LTD.
アルプスアルパイン㈱
|
605 |
397,868
|
504 | 397,868 | |
| SES AI コーポレーション | 583 |
NEW
New
7,500,000
|
— | ||
|
NIPPON PAINT HOLDINGS CO.,LTD.
日本ペイントホールディングス㈱
|
560 |
500,000
|
619 | 500,000 | M |
|
NPR-RIKEN CORPORATION
リケンNPR㈱
|
421 |
NEW
New
169,050
|
— | ||
|
譬ェ蠑丈シ夂、セ�シ「�シ」�シェ�シ搾シ呻シ�
㈱日新
|
380 |
80,200
|
169 | 80,200 | M |
|
NITTAN Corporation
㈱NITTAN
|
344 |
NEW
New
1,233,690
|
— | M | |
|
J-MAX Co.,Ltd.
㈱J-MAX
|
313 |
NEW
New
988,950
|
— | M | |
| 日本発条㈱ | 304 |
189,750
|
179 | 189,750 | M |
|
SAWAFUJI ELECTRIC CO.,LTD.
澤藤電機㈱
|
231 |
260,000
|
304 | 260,000 | M |
|
KANSAI PAINT CO.,LTD.
関西ペイント㈱
|
224 |
105,000
|
187 | 105,000 | M |
|
Imasen Electric Industrial Co.,Ltd.
㈱今仙電機製作所
|
183 |
290,650
|
213 | 290,650 | M |
|
DAIDO KOGYO CO.,LTD.
大同工業㈱
|
130 |
151,000
|
114 | 151,000 | M |
|
繝繧、繝翫Α繝�繧ッ繝槭ャ繝励�励Λ繝�繝医ヵ繧ゥ繝シ繝譬ェ蠑丈シ夂、セ
ダイナミックマッププラットフォーム㈱
|
14 |
NEW
New
10,000
|
— | ||
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
— | — | |||
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
— | — | |||
| GRABホールディングス リミテッド | — | — | |||
|
AGC Inc.
AGC㈱
|
— | — | M | ||
|
NTN CORPORATION
NTN㈱
|
— | — | |||
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
— | — | |||
| MS ADインシュアランス グループ ホールディングス㈱ | — | — | |||
|
TOPPAN Holdings Inc.
TOPPANホールディングス㈱
|
— | — | |||
| 三井住友トラスト・ホールディングス㈱ | — | — | |||
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
— |
−100%
Exit
—
|
8,349 | 3,278,310 | |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
— |
−100%
Exit
—
|
2,184 | 700,153 | M |
|
Mitsui O.S.K. Lines, Ltd.
㈱商船三井
|
— |
−100%
Exit
—
|
1,686 | 509,385 | M |
|
BRIDGESTONE CORPORATION
㈱ブリヂストン
|
— |
−100%
Exit
—
|
1,073 | 200,000 | |
| パナソニック ホールディングス㈱ | — |
−100%
Exit
—
|
917 | 776,414 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
— |
−100%
Exit
—
|
153 | 81,470 | |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
— |
−100%
Exit
—
|
12,296 | 14,502,680 | |
| SES AI コーポレーション | — |
−100%
Exit
—
|
2,954 | 7,500,000 | |
|
NOK CORPORATION
NOK㈱
|
— |
−100%
Exit
—
|
2,511 | 1,717,000 | M |
| SOUNDHOUND AI インコーポレーテッド | — |
−100%
Exit
—
|
1,551 | 4,209,262 | |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
— |
−100%
Exit
—
|
1,313 | 250,000 | |
| GRABホールディングス リミテッド | — |
−100%
Exit
—
|
1,086 | 2,704,452 | |
|
AGC Inc.
AGC㈱
|
— |
−100%
Exit
—
|
850 | 172,752 | M |
|
J-MAX Co.,Ltd.
㈱J-MAX
|
— |
−100%
Exit
—
|
697 | 988,950 | M |
|
NTN CORPORATION
NTN㈱
|
— |
−100%
Exit
—
|
370 | 1,100,663 | M |
|
NITTAN Corporation
㈱NITTAN
|
— |
−100%
Exit
—
|
310 | 1,233,690 | M |
|
RIKEN CORPORATION
㈱リケン
|
— |
−100%
Exit
—
|
219 | 84,525 | M |
|
JFE Holdings,Inc.
JFEホールディングス㈱
|
— |
−100%
Exit
—
|
205 | 122,444 | |
| MS&ADインシュアランス グループ ホールディングス㈱ | — |
−100%
Exit
—
|
152 | 37,233 | |
| 凸版印刷㈱ | — |
−100%
Exit
—
|
139 | 52,500 | M |
| Portfolio total | 155,269 | 134,113 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding