Achieving ROIC of at Least 10% by 2030
First written in FY2024-Q2. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 2 of 14 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Toward 2030, we will improve profitability through continued expansion of the two-wheel business, cost reductions from applying next-generation hybrid systems and platforms in the four-wheel business, and increased hybrid vehicle sales, working toward achieving our ROIC target of 10% for the fiscal year ending March 2031.」
The Company reaffirmed its target of ROIC of 10% or higher for the fiscal year ending March 2031 and identified expansion of the two-wheel business, next-generation hybrids, and profitability improvements from platform adoption as the means of achieving it. - FY2024RestatedAnnual report
「Through 2030: the phase of shifting the business from ICE products to EVs ...We will maintain ROIC above the cost of capital and aim for company-wide ROIC of 10% or higher in fiscal 2030.」
The Company reaffirmed its target of ROIC of 10% or higher in fiscal 2030, linking it to the shift of the business from ICE to EVs, strategic investment, cash-generating capacity, and management conscious of the cost of capital. - FY2024-Q3RestatedAnnual report
「During the first 9 months of the fiscal year, Honda prepared the integrated report “Honda Report 2023” and newly set a target of ROIC (return on invested capital) of 10% or more for 2030. With respect to the previously announced target of ROS (operating margin) for 2025, Honda aims to achieve sustainable growth and improve capital efficiency by increasing its cash-generation capacity through stronger business foundations, maintaining an optimal balance between strategic investment of resources for transformation and shareholder returns.」
The Company reaffirmed its target of ROIC of 10% or higher in 2030 and its approach of achieving it through an optimal balance among strengthening the business foundation, improving cash-generating capacity, strategic resource investment and shareholder returns. - FY2024-Q2First statedAnnual report
「During the first 6 months of the fiscal year, Honda prepared the integrated report “Honda Report 2023” and newly set a target of ROIC (return on invested capital) of 10% or more for 2030. With respect to the previously announced target of ROS (operating margin) for 2025, Honda aims to achieve sustainable growth and improve capital efficiency by increasing its cash-generation capacity through stronger business foundations, maintaining an optimal balance between strategic investment of resources for transformation and shareholder returns.」
The Company newly set a target of ROIC of 10% or higher by 2030. It identified strengthening the business foundation, improving cash-generating capacity, and balancing strategic resource investment with shareholder returns as the means of achieving this target.