Annual Report. Honda Motor Co., Ltd. Leanne Buffington ACG2021 Section 080. Executive Summary.
Honda Motor Co., Ltd.
ACG2021 Section 080
2-1-1 Minami Aoyama
Minato-ku, Tokyo 107-85566, Japan
540 Madison Ave., 32nd Floor
New York, NY 10022
-Research and Development
-Continuing to Increase Society’s Trust in and
Understanding Toward Honda
2004 8,328,768 = 5,454,368 + 2,874,400
2005 9,316,970 = 6,027,676 + 3,289,294
It appears that the numbers on the Balance Sheet have increased from 2004 – 2005. The total assets seem to have increased the most.
The following are the topics of significant accounting policies that the company mentions in their financial statements.
-Description of Business
-Basis of Presenting Financial Statements
-Use of Estimates
-Investments in Securities
-Impairment of Long-Lived Assets
-Basic Net Income per Common Share
-Foreign Currency Translation
-Shipping and Handling Costs
-New Accounting Pronouncements not Adopted Yet
Basis of Translating Financial Statements
Presentation of Finance Subsidiaries-Receivables in the Consolidated Statement of Cash Flows and the Consolidated Balance Sheet
Finance Subsidiaries-Receivables and Securitization
Investments and Advances-Other
Short-Term and Long-Term Debt
Dividends and Legal Reserves
Pension and Other Postretirement Benefits
Investments and Advances-AffiliatesNotes to Financial Statements