| The foundation: Honda philosophy |
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The basic principles of Honda philosophy were defined by our founder: respect for the individual, and the Three Joys of buying, selling and creating. These form the basis of all our dreams.
We believe in the dignity of each human being. We believe individuals must respect each other as independent human beings with distinct personalities. And we believe in building trust so that each person’s full potential can be realized and we can all share true happiness. Everyone involved in Honda’s operations seeks to share joy with all those who come in contact with us through our products and services. Our wish is to help create societies where people help each other be all they can be.
On the foundation of this philosophy, a corporate culture of independence and open-mindedness has emerged at Honda. It’s what leads us to follow our dreams, constantly take on new challenges, create innovative new technologies and products, and engage in new initiativs. |
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| Striving to be a company society wants to exist |
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As times change, societies evolve and people seek new kinds of value. A corporation’s understanding of its social responsibilities must likewise evolve. Even if a company creates superior technologies and products, if it does not act fairly and in due consideration of the interests of all stakeholders, it cannot hope to earn society’s trust. New social imperatives must be recognized and appropriate action taken.
In 1998 Honda defined its Vision 2010: striving to be a company society wants to exist. This means making all our stakeholders worldwide glad that Honda is there. To this end, we redefined the Three Joys as creating new value, expanding value through glocalization and realizing our commitment to the future. Honda is working to achieve these three objectives and meet the demands of all stakeholders. |
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| Creating trust and affinity by getting the basics right |
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We must fulfill two basic responsibilities if we are to realize these objectives.
First, we must continue to provide products and services of the highest level of quality and safety, revisiting the fundamentals to ensure that we are certain of the appropriateness of our actions in all aspects of our operations.
Second, as a corporation operating globally, we must make sure that each process through which we deliver products and services to our customers — every aspect of our corporate activities — is worthy of the trust of all our stakeholders. In addition to ensuring proper corporate governance and compliance with laws and regulations, we take responsibility for protecting the environment, ensuring diversity in employment, fostering our associates' development and ensuring fairness in our dealings with other firms.
With this mind, in FY2007 we focused on strengthening the fundamentals of production and our approach to protecting the global environment. |
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