TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
Home
Press release
Jan 24, 2023 17:18 JST
Source:
Honda Motor Co, Ltd
Honda to Make Organizational Changes (Effective April 1, 2023) to Further Accelerate Electrification Business and Realize New Value Creation
TOKYO, Jan 24, 2023 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that the company will make organizational and operational changes, effective April 1, 2023, as it continues working toward the fulfillment of its vision to serve people worldwide with the "joy of expanding their life's potential" in the areas of mobility and people's daily lives.
With this year's changes, Honda will further solidify the direction of the organizational changes made last year with an eye toward the realization of carbon neutrality by 2050. Specifically, Honda will strive to further accelerate its electrification business and create new value by
leveraging its broad and expanding range of mobility products and services.
Key points of the organizational changes
1) Creation of Electrification Business Development Operations
2) Reorganization of Regional Operations
3) Reorganization of Corporate Functions
Details of the organizational changes
1) Creation of Electrification Business Development Operations
Based on the Business Development Operations established April last year to strengthen electrification business, the Electrification Business Development Operations will be newly created. This operation will consolidate the business strategy and BEV product development functions of automobile business and electrification-related strategy and development functions of motorcycle and power products businesses to further strengthen and accelerate Honda?s electrification business.
2) Reorganization of Regional Operations
The current six regional operations will be consolidated into three regional operations -- North America, China and Associated Regions.The new Regional Operations (Associated Regions) will combine four current regional operations, namely Japan, Asia & Oceania, South America and the Europe, Africa and the Middle East Region. With this change, Honda will execute electrification strategies and strengthen operations for each region based on its global strategy.
3) Reorganization of Corporate Functions
The Corporate Strategy Operations and Corporate Administration Operations will be newly created. The Corporate Strategy Operations will further strengthen Honda?s initiatives in formulating, executing and communicating its corporate strategies toward new value creation, and the Corporate Administration Operations will pursue the total optimization of corporate resources, which is aligned with corporate strategy.
By further accelerating the series of initiatives Honda has been taking to transform itself through electrification and new value creation, Honda strives to remain and become even more recognized as ?a company society wants to exist? in the electrified era.
Source: Honda Motor Co, Ltd
Sectors: Automotive
Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
Honda: Production, Sales and Export Results for December, 2022
January 31 2023 10:57 JST
Honda and GS Yuasa Reach Basic Agreement Toward Collaboration for a High-capacity, High-output Lithium-ion Battery
January 24 2023 15:02 JST
LG Energy Solution and Honda Formally Establish Battery Production Joint Venture
January 16 2023 08:40 JST
Honda Unveils Next-generation Technologies of Honda SENSING 360 and Honda SENSING Elite
December 01 2022 18:01 JST
Honda to Begin Sales of All-new ZR-V SUV in April 2023
November 18 2022 16:26 JST
New XL750 Transalp and EM1 e: electric vehicle lead Honda's full 23YM line-up reveal at EICMA
November 08 2022 22:00 JST
Honda Exhibits World Premiere of the "e:N2 Concept" Indicating the Direction of All-New EV Models
November 07 2022 08:00 JST
Honda Unveils CI-powered Micro-mobility Technologies that Utilize Honda CI (Cooperative Intelligence), Honda's Original AI that Enables Mutual Understanding between Machines and People
November 03 2022 12:14 JST
Honda Begins Sales of "Honda Power Pack Exchanger e:" Battery Swapping Station
October 25 2022 14:13 JST
Honda Aircraft Company Reveals Latest Aircraft - the HondaJet Elite II
October 18 2022 13:03 JST
More Press release >>
Latest Press Release
Honda: Production, Sales and Export Results for December, 2022
Jan 31, 2023 11:57 JST
Mazda Production and Sales Results for December 2022 and for January through December 2022
Jan 31, 2023 11:08 JST
DOCOMO Conducts World's First Trial of Transmissive Metasurface on Window to Deliver Indoor Radio Waves to Outdoor Foot of Building
Jan 30, 2023 17:00 JST
Small, Efficient 5G Multisector Antenna Indoor Base Station Achieves World's First Demonstration using 28GHz
Jan 30, 2023 16:35 JST
DOCOMO and YKK AP to Test Signal-permeable Windows Made with Aerogel for Easy Penetration by Radio Waves
Jan 30, 2023 16:13 JST
NEC announces plans for transition to a Company with a Nominating Committee, etc. and implementation of organizational reforms
Jan 30, 2023 15:44 JST
NEC announces executive personnel changes
Jan 30, 2023 15:28 JST
Toyota: Sales, Production, and Export Results for 2022 (January - December)
Jan 30, 2023 13:36 JST
Lecanemab Receives Priority Review Status in Japan
Jan 30, 2023 12:50 JST
Two Hitachi Group Companies to Merge to Expand Robotic SI Business in Japan and ASEAN Countries
Jan 30, 2023 11:08 JST
Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project
Jan 27, 2023 15:25 JST
Eisai: Marketing Authorization Application for Lecanemab as Treatment for Early Alzheimer's Disease Accepted by European Medicines Agency
Jan 27, 2023 11:46 JST
TMC Announces Changes to Executive Structure
Jan 27, 2023 10:59 JST
Nippon Steel, Mitsubishi Corporation and ExxonMobil to Evaluate and Establish CCS Value Chains in the Asia Pacific Region
Jan 26, 2023 19:16 JST
Kurita Water Industries and Hitachi Launch a Co-creation to Implement Solution in Society and Build an Ecosystem for a Sustainable Society with "Zero Environmental Impact"
Jan 26, 2023 19:02 JST
Four Companies Announce Joint Feasibility Study of Large-Scale and Wide-Area Carbon Capture and Storage (CCS) Value Chain Project Using Ship Transportation
Jan 26, 2023 18:28 JST
Mitsubishi Power Receives Order for H-25 Gas Turbine for Taiwan's Chang Chun Petrochemical
Jan 26, 2023 18:22 JST
Fujitsu and Mizuho Bank embark on collaboration for sustainable management information services
Jan 26, 2023 13:44 JST
All-New eK X EV Earns Top Rating in Vehicle Safety Performance 2022 Car Assessment by JNCAP
Jan 26, 2023 09:01 JST
DOCOMO Announces World's First Technology that Utilizes Human-Augmentation Platform for Sharing Haptic Information Between People
Jan 25, 2023 17:17 JST
More Latest Release >>