Annual Report 2003
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Honda's HISTORY


1946
Soichiro Honda establishes Honda Technical Research Institute
1947
Honda's first product, the A-type bicycle engine, produced
1948
Honda Motor Co., Ltd., incorporated (capital: one million yen)
1949
Dream D-type (two-stroke, 98cc), Honda's first motorcycle, produced
1952
Head office moved to Tokyo
1957
Listed on the Tokyo Stock Exchange
1958
Super Cub motorcycle released
1959
American Honda Motor Co., Inc., established
Honda racing team participates in the Isle of Man TT Race, taking sixth place in the 125cc class
1960
Motorcycle production begins at Suzuka Factory
Honda R&D Co., Ltd., established
1961
Honda racing team sweeps first five places in Isle of Man TT Race (125cc, 250cc)
1962
American Depositary Receipts (ADRs) issued at market price
Adopted consolidated accounting using U.S. Securities and Exchange Commission (SEC) standards
Construction of Suzuka Circuit completed
1963
Honda Benelux N.V. (Belgium) begins production of motorcycles
Honda's first sports car (S500) and light truck (T360) released
1964
Automobile production begins at Saitama Factory, Sayama
1965
Thai Honda Mfg. Co., Ltd. (Bangkok) established
Honda U.K. Ltd., established in London
E300 portable generator introduced
Honda wins its first F1 victory, in Mexico
1966
S800 sales and export commenced
1967
Motorcycle production begins in Thailand
Automobile production begins at Suzuka Factory
1968
Cumulative motorcycle production reaches 10 million units
1969
Automobile and motorcycle production commenced in Malaysia
Cumulative domestic power product production reaches one million units
1971
Knockdown motorcycle production begins in Mexico
1972
Details of CVCC low-emission engine system announced
CVCC engine complies with the U.S. Muskie Act of 1975
Civic released
1973
Motorcycle production begins in the Philippines
1974
Motorcycle production begins in Indonesia
1975
Automobile production begins in Indonesia
1976
Kumamoto Factory inaugurated
Motorcycle production begins at Honda Italia Industriale S.p.A.
Accord CVCC (1,600cc) introduced
Civic series cumulative production reaches one million units
1977
ADRs listed on the New York Stock Exchange (NYSE)
Consolidated financial disclosure commenced
Motorcycle production begins at Moto Honda da Amazonia Ltda., in Manaus, Brazil
1979
Quarterly financial disclosure commenced
Honda America Mfg., Inc., begins motorcycle production
1980
Cumulative Accord production reaches one million units
1981
Listed on the London Stock Exchange
Cumulative power products production reaches five million units
1982
Honda of America Mfg., Inc., begins automobile production
1983
Listed on the Zurich, Geneva and Basel stock exchanges
Honda signs joint development agreement with Rover Group Ltd.
1984
Automobile production commenced in Thailand
Cumulative motorcycle production in Belgium reaches one million units
1985
Listed on the Paris Stock Exchange
Motorcycle engine production begins in the U.S.
Motorcycle production commenced in India
Motorcycle engine production commenced in Malaysia
Cumulative power products production reaches 10 million units
1986
Automobile production begins at Honda Canada Inc.
Motorcycle production commenced in Spain
Power products production commenced in France
1987
Cumulative motorcycle production in Brazil reaches one million units
Cumulative domestic motorcycle production reaches 50 million units, a world first
Cumulative Civic production reaches five millions units
1988
Motorcycle production begins in Mexico
Automobile production begins at Honda New Zealand
Cumulative automobile production reaches 15 million units
High-performance VTEC engine announced
1989
Second automobile plant in the U.S. begins production in East Liberty, Ohio
Honda Motor Europe Ltd. (U.K.) established
Cumulative power products production reaches 15 million units
1991
Honda posts its 60th Grand Prix victory in the Brazil GP
1992
Automobile production in the U.K. begins
Cumulative Super Cub production reaches 20 million units, a world record
Cumulative automobile production reaches 20 million units
Cumulative power products production reaches 20 million units
1993
Honda's power product engines meet California emission regulations, a world first
1994
Automobile production commenced in the Philippines
Automobile production commenced in Pakistan
New automobile plant constructed in Thailand
1995
Honda introduced first gasoline-powered vehicle to meet ULEV (Ultra Low Emission Vehicle) standards
Cumulative world production for the Civic reaches 10 million units
Cumulative automobile production in North America reaches five million units
Cumulative automobile production reaches 30 million units
Automobile production begins in Mexico
1996
Motorcycle production begins in Turkey
Step Wagon released
Human robot prototype announced
1997
ISO 14001 certification achieved for Hamamatsu Factory and Tochigi Factory
Automobile production begins in Brazil
Automobile production begins in Turkey
ISO 14001 certification achieved for Belgium auto parts plant
Motorcycle production commenced in Vietnam
Cumulative motorcycle production reaches 100 million units
Construction of Twin Ring Motegi completed
1998
50th anniversary
Cumulative automobile production reaches seven million units in North America
Automobile production commenced in India
1999
Automobile production commenced in China
Fuel cell vehicle FCX-V1 and FCX-V2 announced
2000
Cumulative Accord production in the U.S. reaches 5 million units
FCX-V3 fuel cell vehicle announced
ASIMO humanoid robot announced
2001
Honda Headquarters achieves ISO 14001 environmental management certification
Cumulative total of automobiles manufactured in North America reaches 10 million
Production begins at new motorcycle production company in India
New small car, the Fit, released
FCX-V4 fuel cell vehicle announced
Minimum investment unit lowered to 100 shares, from 1,000
Second automobile plant in the U.K. commenced operations
New automobile plant in the U.S., Honda Manufacturing of Alabama, LLC, commenced operations
2002
Common stock-to-ADR exchange ratio changed from two shares of common stock to one ADR, to one share of common stock to two ADRs
Celebrated 25th anniversary of listing on the NYSE; ASIMO rang the opening bell for trading
Government certification to the passenger car plant in China exclusively for export
Honda FCX fuel cell vehicle delivered both in Japan and the U.S
2003
Cumulative automobile production in the United Kingdom reaches one million units
New automobile plant in Taiwan commenced operations
New automobile plant in Malaysia commenced operations
New automobile plant in Indonesia commenced operations

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