Honda Motor Co., Ltd. Files 6-K on Vehicle Type Designation Issues

TL;DR

Honda 6-K filing flags issues with vehicle type designations on applications.

AI Summary

Honda Motor Co., Ltd. filed a Form 6-K on June 3, 2024, to report cases of inappropriate type designation found in applications for four-wheeled vehicles. This filing is a report of a foreign private issuer and does not contain specific financial figures or new business developments.

Why It Matters

This filing indicates potential compliance or administrative issues within Honda's vehicle application processes, which could lead to regulatory scrutiny or impact customer trust.

Risk Assessment

Risk Level: low — The filing is a procedural report and does not disclose material financial risks or operational disruptions.

Key Players & Entities

• HONDA MOTOR CO LTD (company) — Filer of the 6-K report
• HONDA GIKEN KOGYO KABUSHIKI KAISHA (company) — Registrant's name in Japanese
• June 3, 2024 (date) — Filing date of the 6-K

FAQ

Filing Documents

• d650096d6k.htm (6-K) — 50KB
• g650096g43s01.jpg (GRAPHIC) — 35KB
• 0001193125-24-152398.txt ( ) — 96KB

From the Filing

Form 6-K No.1-7628 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF JUNE 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrants name into English) 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Contents Exhibit 1: Cases of inappropriate type designation found in applications of four-wheeled vehicles Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HONDA GIKEN KOGYO KABUSHIKI KAISHA ( HONDA MOTOR CO., LTD. ) /s/ Sumihiro Takahashi Sumihiro Takahashi General Manager Finance Division Honda Motor Co., Ltd. Date: June 3, 2024 [Translation] June 3, 2024 To: Shareholders of Honda Motor Co., Ltd. From: Honda Motor Co., Ltd. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, 107-8556 Toshihiro Mibe Director, President and Representative Executive Officer Cases of inappropriate type designation found in applications of four-wheeled vehicles Honda Motor Co., Ltd. (Honda) today announced that it has confirmed that there had been some inappropriate cases regarding the certification test when applying for type designation for four-wheeled vehicles sold in the past. For details, please see the attached press release. This transaction is not anticipated to have a material impact on Hondas consolidated financial results for the fiscal year ending March 31, 2025. - End - [Translation] June 3, 2024 Cases of inappropriate type designation found in applications of four-wheeled vehicles Honda received a directive from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) on January 26 of this year to investigate the actual situation concerning the existence or otherwise of fraudulent acts in type designation applications. As a result, Honda conducted an internal investigation and confirmed that there had been some inappropriate cases regarding the certification test when applying for type designation for four-wheeled vehicles sold in the past. Honda reported these cases to the MLIT on May 31. We deeply regret any concerns this may have caused to our stakeholders including customers and business partners. Since it has been verified that the vehicle meets the legal standards stipulated in the regulations, there is no need for customers who are currently using the vehicle model in question to take any action before continuing to use it. The various certification tests required for type designation applications are a fundamental prerequisite for customers to use our products safely and with peace of mind, and Honda takes the results of this investigation very seriously. Going forward, we will make company-wide efforts to prevent a recurrence and restore trust. 1. Background January 26, 2024 Received a directive from the MLIT to investigate the actual situation concerning the existence or otherwise of fraudulent acts in type designation applications. Honda promptly began an internal investigation. April 26 Provided a progress report to the MLIT that the investigation was underway and that Honda planned to complete the investigation and report the result in May. May 31 Reported the investigation results to the MLIT. 2. Summary of investigation results Regarding four-wheeled vehicles that have sold in the past, we have confirmed that there were cases of improper conduct, such as deviations from test conditions in sound emission tests and tests for vehicle-mounted engine power required for type designation applications, and the use of data different from actual measured values in test reports. There have been no confirmed cases of improper testing in the certification of four-wheeled vehicles currently sold or scheduled to be sold in the future. <2-1 : Cases of improper conduct in sound emission tests> [Cases] The following two incidents occurred during sound emission tests conducted between February 2009 and October 2017. The weight of the test vehicle was set at a weight that exceeded the legal range (inadequate test conditions). In the test report, the weight of the vehicle was listed as a value within the specified range that was different from the actual weight of the vehicle tested (misstatement).

View Full Filing

View this 6-K filing on SEC EDGAR