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Considering the market value of the company in Business Week ranking “The Global” for the years 2003–2005, Honda Motor was fluctuating around the 100th place. In 2005 the value of the corporation increased in relation to the previous year and equaled $51, 96 billion. However, in the car corporations category, Honda Motor is ranked second, after Toyota Motor (with market value $158.20 billion), and the third car corporation Daimler Chrysler is worth $51,28 billion. The origin of the Honda corporation dates back to the 1920’s, when Soichiro Honda (1906–1991) started producing motorbikes during the post-war crisis period. In March 1948, he was joined by Takeo Fujisawa (1915–1989) with whom Soichiro Honda founded Honda Motor Corporation. Contemporarily, the organizational structure of the Honda Corporation is based on multilevel management. At present, the organizational basis is six Regional Offices, located all over the world, subject on executive level to the Chairman of the Board and ten directors. The company’s headquarters is in Tokyo, but it has its production and distribution branches located in Japan, USA, Canada, Mexico, GB, France, Italy, Spain, India, Malaysia, Pakistan, Philippines, Taiwan, Vietnam, Brazil and Turkey.
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