scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,277
During fiscal 2003 the economic situation in Japan remained pessimistic Global environment was unstable Under this situation we should say Honda achieved a significant increase in sales during fiscal ended March 31 2003 We couldnt avoid loss or unchanged sale in certain region due to the unpredictable global environment Also we have known that we remained unchanged sales domestic due to inactive Japan consumer spending Learning from these situations surrounding Honda we should focus our sales on oversea business along with quick and active responds to unpredictable situation in the future I provide a full analysis in the report under global environment and oversea business sectors Moreover we need continually give our old customers good products and service and expanding our new customers We always keep in mind one thing it is our consumers who always support us At the end we should always believe we can achieve a higher level success in the future Introduction Honda has been shown the world remarkable achievement during fiscal 2003 ended March 31 Looking the overall economy situation in the world US and major European countries shows a very slow growth Asian countries show a strong growth In Japan after experiencing a decade deflation since 1990 due to the bubble economy Japan shows an unstable condition with a big problem that Japan people wont spend their money whatever Japan government and Bank of Japan do Overall within this poor economic condition Honda shows a good sign about its future and has been a leading role of Japan economy recovery During fiscal 2003 Honda sold 8080000 motorcycles 2888000 automobiles and 4584000 power products total worth 66319000 US dollar Net sales income before income taxes and equity in income of affiliates and net income all show a positive increase Shown as figure blow Operating income increased by 78 due to increase sale in Europe and Asia together with ongoing cost cutting efforts This is a remarkable change under current Japan
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA