Flood damaged cars while waiting to destroyed at Honda plant in Rojana Industrial Park, Ayutthaya
Photo : AP Photo/Apichart Weerawong
AYUTTHAYA, Thailand : January 31, 2012 – Following is the most current information regarding the situation of Honda Automobile (Thailand) Co., Ltd. (HATC), the Honda automobile production subsidiary in Thailand (headquarter in the Rojana Industrial Park, Ayutthaya), which experienced damage from the flooding, as well as other Honda group companies located in neighboring Asian countries.
HATC, which has been suspending production since October 4,
2011, is making progress in restoring plant facilities and manufacturing
equipment since completing the drainage of the flood water and cleaning of the
plant facilities which began at the end of November 2011. HATC is expecting to
resume production by the end of March 2012.
2.
Situation of production operations in neighboring Asian countries
Honda’s production operations in
the neighboring Asian counties, which suspended or made production adjustments
due to the disruption in parts supply from Thailand, began resuming production.
The production is expected to be normalized at all production operations by
April.
3.
Flood control measures for the future
Honda is planning to take some additional flood control
measures including conducting stationary measurement of water levels and working
together with Rojana Industrial Park to build water protection walls around the
plant. Honda will also make requests to Thai governments and the industrial
park as needed to prevent the risk of flooding in the future. In addition,
Honda will address the issues related to its supply chain, which became evident
in the face of this disaster, and work together with suppliers to strive to
avoid such risks in the future.
For an overview of the impact of the flooding in Thailand
on Honda’s financial results, please refer to the press release titled “Consolidated
Financial Summary for the Fiscal 3rd Quarter ended December 31, 2011.”
About Honda Automobile (Thailand) Co., Ltd.
Location: Ayutthaya
province, Thailand
Representative: Hiroshi
Kobayashi/President
Capital Investment: 5.46
billion baht
Capitalization Ratio: 75.94%
Honda Motor Co., Ltd.
13.05%
Asian Honda Motor Co., Ltd.
11.01% Others
Business Areas: Production
and sales of automobiles
Established: December
2000
Employment: Approximately
4,000 associates
Production Capacity: 240,000
units per year
[Source : HONDA]
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1 Responses to "About the Impact of Flooding in Thailand on Honda Operations"February 1, 2012 at 8:59 PM
It is a nice and informative post. The flood is a natural disaster which no one to face. Flood insurance help you to get secure from flood damage.
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