- January 31, 2012
About the Impact of Flooding in Thailand on Honda Operations (as of January 31, 2012)
January 31, 2012 - Following is the most current information regarding the situation of Honda Automobile (Thailand) Co., Ltd. (HATC), the Honda automobile production subsidiary in Thailand (headquarter in the Rojana Industrial Park, Ayutthaya), which experienced damage from the flooding, as well as other Honda group companies located in neighboring Asian countries.
Honda is planning to take some additional flood control measures including conducting stationary measurement of water levels and working together with Rojana Industrial Park to build water protection walls around the plant. Honda will also make requests to Thai governments and the industrial park as needed to prevent the risk of flooding in the future. In addition, Honda will address the issues related to its supply chain, which became evident in the face of this disaster, and work together with suppliers to strive to avoid such risks in the future.For an overview of the impact of the flooding in Thailand on Honda’s financial results, please refer to the press release titled “Consolidated Financial Summary for the Fiscal 3rd Quarter ended December 31, 2011.”
About Honda Automobile (Thailand) Co., Ltd
|Location:||Ayutthaya province, Thailand|
|Capital Investment:||5.46 billion baht|
|Capitalization Ratio:||75.94% Honda Motor Co., Ltd.
13.05% Asian Honda Motor Co., Ltd.
|Business Areas:||Production and sales of automobiles|
|Employment:||Approximately 4,000 associates|
|Production Capacity:||240,000 units per year|