Worth reading
21Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
30
100 million US dollarsWording
Conditional
How definitive the wording is.Items stated in the management plan
Investment amount by sectorField Construction of a new four-wheeler production plant (Ohio, United States) / Amount Approximately US$3 billion, Field Capital investment in multiple production sites in North America / Amount Not disclosed
Key initiatives
01Construction of a new four-wheeler production plant (Ohio, United States)
02Capital investment in multiple production sites in North America
Plan assumptionsGrowing demand for hybrid vehicles in North America, North America is a major market for hybrid vehicles
Non-financial targetsIndicator New plant’s maximum annual production capacity / Target value 240,000 units / Timing Operations targeted to begin during 2029, Indicator New hires / Target value Approximately 2,000 / Timing Planned for when the new plant begins operations during 2029, Indicator Honda’s total four-wheeler production capacity in North America / Latest value 1.67 million units / Target value 1.91 million units / Timing When the new plant begins operations, Indicator Hybrid system production capacity / Target value Approximately 3.5 times / Timing The next several years
Reason for revision or withdrawal
North America is a major market for hybrid vehicles, and the company determined that strengthening hybrid vehicle production capacity in North America was necessary to continue meeting customer demand while achieving further business growth and enhancing competitiveness.
| Item | Details |
|---|---|
| Plan name | Plan to launch 15 next-generation hybrid models globally by the fiscal year ending March 2029 |
| Plan period | Start year Not disclosed / Final year By fiscal 2029 |
| Investment amount by sector | Field Construction of a new four-wheeler production plant (Ohio, United States) / Amount Approximately US$3 billion, Field Capital investment in multiple production sites in North America / Amount Not disclosed |
| Non-financial targets | Indicator New plant’s maximum annual production capacity / Target value 240,000 units / Timing Operations targeted to begin during 2029, Indicator New hires / Target value Approximately 2,000 / Timing Planned for when the new plant begins operations during 2029, Indicator Honda’s total four-wheeler production capacity in North America / Latest value 1.67 million units / Target value 1.91 million units / Timing When the new plant begins operations, Indicator Hybrid system production capacity / Target value Approximately 3.5 times / Timing The next several years |
| Plan assumptions | Growing demand for hybrid vehicles in North America, North America is a major market for hybrid vehicles |
| Key initiatives | Construction of a new four-wheeler production plant (Ohio, United States), Capital investment in multiple production sites in North America |
| Reason for revision or withdrawal | North America is a major market for hybrid vehicles, and the company determined that strengthening hybrid vehicle production capacity in North America was necessary to continue meeting customer demand while achieving further business growth and enhancing competitiveness. |
| Publication date | 10 November 2026 |
Items this document does not state (17)
Progress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planSegment targetResults under the previous planSize of the Target MarketRisks identifiedDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To respond to growing demand for hybrid vehicles in North America and strengthen the production system. The company determined that strengthening hybrid vehicle production capacity was necessary to support business growth and enhance competitiveness in North America.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.