HMC » Topics » Outlook for Fiscal 2006

This excerpt taken from the HMC 6-K filed Sep 14, 2005.

Outlook for Fiscal 2006

 

In fiscal 2006, we expect unit sales of power products to grow 9.2%, to 5.79 million units.

 

Domestically, we will target increased sales of the Salad FF5000 mini-tiller, launched in September 2004. We will also continue promoting our compact, home-use cogeneration system.

 

We will strive to further boost sales of power products in North America, centering on the EU2000i inverter-equipped mobile generator for camping and leisure use, in response to emerging customer needs. In the United States, we will spearhead new initiatives aimed at commercializing our home-use cogeneration system.

 

In July 2005, Honda will release the iGX440, a next-generation, general-purpose engine featuring enhanced user-friendliness, superior environmental performance and reduced noise thanks to adoption of electronic engine speed control*3 and other technologies.

 

Meanwhile, we will step up efforts to supply highly competitive, Asian-made products, notably the GX series, to customers in each region.

 

Through these initiatives, we are targeting further sales increases, especially in North America and Asia.

 

*2: Compact, home-use cogeneration system

Honda has combined its original electromagnetic inverter technologies with the world’s smallest(i) natural gas engine (GE160V) in an efficient layout to create a small, lightweight generation unit. Due to its compactness, the unit can be installed in the home and boasts an overall energy efficiency of 85%. It also emits approximately 30% less carbon dioxide than conventional natural gas-powered generators or hot-water heating units using natural gas.(ii)

  i: A Honda development, the reciprocal gas engine
  ii: Data from Honda test results. Data compares electric power from natural gas-powered generation with hot-water heating units that use natural gas (as of April 2005).
*3: Electronic speed control

With Honda’s original electronic engine speed control technology, the electronic control units continuously monitors throttle opening and engine speed, electronically regulating the throttle to maintain a constant engine speed, even under changing engine load conditions.

 

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