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    7267   JP3854600008

HONDA MOTOR CO., LTD.

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Honda Motor : HondaJet Elite S debuts at the 2021 EAA AirVenture in Oshkosh; Crowd in front of the HondaJet camp at EAA Oshkosh air show

07/15/2021 | 12:05pm EDT

OSHKOSH, WI - Honda Aircraft Company will showcase the upgraded HondaJet Elite S with a special paint scheme at the 2021 Experimental Aircraft Association's (EAA) AirVenture in Oshkosh, WI from July 26th - August 1st, 2021.

The HondaJet Elite S, the latest edition of the HondaJet, was unveiled at the company's virtual event 'Innovation Continues: Elite S' in May 2021. The HondaJet Elite S features several upgrades that expand operational capability and improve flight operation. Its increased maximum takeoff weight of 200 lbs. allows customers to fly up to 120 nm (138 mi) further* at a higher payload, or take an additional passenger* during their typical mission. Other upgrades include several new avionics features and the newly introduced Advanced Steering Augmentation System (ASAS) further reduces pilot workload and maximizes safety.

'Last year was challenging for many of us, as most industry events and airshows were canceled, so we're excited for Honda Aircraft's return to in-person events with the latest HondaJet Elite S,' said Honda Aircraft Company President and CEO Michimasa Fujino. 'I'm looking forward to EAA Oshkosh attendees seeing the Elite S for the first time since our virtual launch announcement.'

Honda Aircraft also announced that it will fly its aircraft to the show using Sustainable Aviation Fuel (SAF), further demonstrating business aviation's commitment to carbon neutrality. The HondaJet Elite S will fly on SAF provided by Koury Aviation, one of the first SAF providers to general aviation on the U.S. East Coast, located right next to Honda Aircraft headquarters at Piedmont Triad International Airport in Greensboro.

*additional range benefit begins to phase in above 650 lbs. of payload; additional passenger/payload benefit ranges from 170-200 lbs. depending on range of mission

About the HondaJet Elite S

The HondaJet Elite S is the fastest, farthest and highest-flying plane in its class. The HondaJet Elite S incorporates Honda Aircraft's many technological innovations, including the unique Over-The-Wing Engine Mount (OTWEM) configuration, Natural Laminar Flow (NLF) nose and wing, and composite fuselage. The aircraft is also powered by the GE Honda Aero Engines HF120. All of these advancements contribute to the aircraft's superior performance, unparalleled efficiency and maximized fuselage space, making the aircraft's cabin the largest in its class. The HondaJet Elite S cabin features a full service galley, a private lavatory with optional belted seat and an industry first Bongiovi sound system. The aircraft sets the standard in safety and human-machine interface technology with an ergonomically designed cockpit and highly customized Garmin G3000 avionics suite.

Honda Aircraft continues to be committed to improving lives through personal mobility, while living in a sustainable society. The HondaJet Elite S remains significantly more fuel efficient and emits less greenhouse gases than all other similarly sized twin-engine business jets. Certified for single pilot operations, the HondaJet Elite S continues to live up to the company's reputation for superior performance, efficiency, quality, and value.

About Honda Aircraft Company

Honda Aircraft Company is a wholly owned subsidiary of American Honda Motor Co., Inc. Founded in 2006, Honda Aircraft's world headquarters is located in North Carolina, the birthplace of aviation. The challenging spirit upon which Mr. Soichiro Honda founded Honda Motor Co., Ltd. is alive today as Honda Aircraft fulfills one of Honda's longstanding dreams to advance human mobility skyward.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on HONDA MOTOR CO., LTD.
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Financials
Sales 2022 15 401 B 138 B 138 B
Net income 2022 703 B 6 301 M 6 301 M
Net Debt 2022 5 280 B 47 315 M 47 315 M
P/E ratio 2022 8,92x
Yield 2022 3,34%
Capitalization 6 139 B 55 141 M 55 009 M
EV / Sales 2022 0,74x
EV / Sales 2023 0,67x
Nbr of Employees 211 374
Free-Float 91,5%
Chart HONDA MOTOR CO., LTD.
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Honda Motor Co., Ltd. Technical Analysis Chart | 7267 | JP3854600008 | MarketScreener
Technical analysis trends HONDA MOTOR CO., LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 18
Last Close Price 3 555,00 JPY
Average target price 4 260,59 JPY
Spread / Average Target 19,8%
EPS Revisions
Managers and Directors
Toshihiro Mibe President, Chief Executive Officer & Director
Kohei Takeuchi CFO, Director & Compliance Officer
Toshiaki Mikoshiba Chairman
Seiji Kuraishi Chief Operating Officer, Director & Executive VP
Kunihiko Sakai Independent Outside Director
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