Wednesday, February 24, 2016

Summary of Honda CEO Speech on February 24, 2016

Below is the summary of Honda Motor Co., Ltd. President & CEO Takahiro Hachigo's speech which he gave in a press conference on February 24 (2016) to explain his future vision and direction for the company.

When I assumed the presidency, I introduced two themes to be pursued for the creation of a new Honda.
   •Advancement of the six-region global operation structure
   •Development of challenging products unique to Honda
The Honda Walking Assist Device, which we began lease sales in Japan, is one example of “challenging products unique to Honda.” We are now preparing to evolve this business in Japan as well as in countries outside of Japan.
For the joy of our customers around the world, Honda wants to continue delivering attractive products unique to Honda through our broad range of businesses including motorcycle, automobile and power products businesses as well as HondaJet and Honda Walking Assist Device business.
At the same time, we recognize a need for a fundamental transformation of business operations especially with our automobile business in order to further strengthen our operational structures. To this end, we began taking some initiatives.