c1 annual report 1997 year ended march 31 p o e b 3 r 1 d c2 corporate profile financial highlights operating 2 president s message 4 review of operations 9 worldwide development 12 production network and complementary product sourcing 14 board directors auditors 15 section 18 consolidated balance sheets 20 statements income 21 stockholders equity established 49 years ago honda motor co ltd is one today leading manufacturers automobiles the largest manufacturer motorcycles in world company recognized internationally for its expertise leadership developing manufactur ing a wide variety products ranging from small general purpose engines to specialty sports cars that incorporate highly effi cient internal combustion engine technology over 10 million were produced during fiscal by following policy emphasizes originality innovation efficiency every facet manufacturing marketing has striven attain goal satisfying customers through commitment advancing this
