American Honda Finance Corporation (AHFC) is a California-based, wholly owned subsidiary of American Honda Motor Co., Inc. that provides retail and dealer financing, leasing, and related services for Honda and Acura products in the United States and Canada.

# American Honda Finance Corporation

## Corporate identity and ownership
- American Honda Finance Corporation (AHFC) is a California corporation incorporated on February 6, 1980.
- AHFC is a wholly-owned subsidiary of American Honda Motor Co., Inc. (AHM).
- Honda Canada Finance Inc. (HCFI) is a majority-owned subsidiary of AHFC.
- A noncontrolling interest in HCFI is held by Honda Canada Inc. (HCI), an affiliate of AHFC.
- AHM and HCI are the sole authorized distributors of Honda and Acura products in the United States and Canada.
- AHM is a wholly-owned subsidiary of Honda Motor Co., Ltd. (HMC); HCI is an indirect wholly-owned subsidiary of HMC.

## Corporate offices
- Principal executive offices: 1919 Torrance Boulevard, Torrance, California 90501.

## Primary business activities
- AHFC provides financing in the United States and Canada to purchasers, lessees, and authorized independent dealers of Honda and Acura products.
- The company works with AHM and HCI to support the sale and leasing of Honda and Acura products and to maintain customer and dealer satisfaction and loyalty.
- The business depends on the sale and leasing of Honda and Acura products in the U.S. and Canada and on the proportion of those sales financed by AHFC.

## Financing offerings
- AHFC acquires retail loans (primarily installment sale contracts) and leases originated by dealers to retail customers of Honda and Acura products.
- AHFC offers wholesale flooring and commercial loans to dealers of Honda and Acura products.

## Subsidy and incentive programs
- AHM and HCI sponsor incentive financing programs in the United States and Canada that offer promotional rates on loans and leases to purchasers, lessees, and dealers.
- AHM and HCI pay AHFC subsidies that enable AHFC to realize a market yield on financing contracts financed under these programs.

## Geographic and product scope
- Products and services are substantially similar across regions, subject to national and local legal restrictions and market conditions.
- AHFC divides its business segments between operations in the United States and in Canada.

## Financial reporting
- See Note 14—Segment Information and Geographic Information of Notes to Consolidated Financial Statements for detailed financial information by business segment.

American Honda Finance Corporation (AHFC) is a wholly owned subsidiary of Honda that provides automotive and related financing solutions in the U.S. and Canada, focusing on Honda and Acura products.

# Company Summary: American Honda Finance Corporation (AHFC)

## Overview
- **Type & Structure:** A wholly owned subsidiary of American Honda Motor Co., Inc. (AHM), which is itself wholly owned by Honda Motor Co., Ltd.
- **Incorporation:** California, February 6, 1980.
- **Headquarters:** Torrance, California, at 1919 Torrance Boulevard.

## Business Activities
- **Core Operations:** Provides financing solutions in the United States and Canada for purchasers, lessees, and authorized independent dealers of Honda and Acura products.
- **Product Focus:** 
  - Automobiles (Honda and Acura brands)
  - Motorcycles
  - Power equipment
  - Marine engines
- **Types of Financing Offered:** 
  - Retail loans (installment sale contracts)
  - Leases (closed-end vehicle leasing)
  - Wholesale financing (dealer flooring loans)
  - Commercial loans (dealership property, equipment, and facility financing)
  - Incentive financing programs (promotional rates supported by subsidies from AHM and HCI)
  - Specialty financing for Honda Aircraft (Honda Aviation Finance)

## Customer & Dealer Base
- **Consumers & Customers:** Finance retail purchases of Honda and Acura vehicles, motorcycles, and related products.
- **Dealerships:** Finances dealer inventory through wholesale loans, with post-default repossession and remarketing processes.
- **Canadian Customers:** Similar business in Canada, providing retail loans, leases, and dealer financing.

## Employees & Corporate Details
- **Employees (as of March 31, 2025):** 
  - 1,360 in the United States
  - 185 in Canada
- **Number of Shares Outstanding:** 13,660,000 (all held by American Honda Motor Co., Inc.)
- **Public Trading:** None (all shares are privately held, not publicly traded)

## Revenue & Financial Metrics (Fiscal Year Ended March 31, 2025)
- **Total Revenue:** $9.49 billion
  - Breakdown not specified, but includes income from retail loans, leases, dealer loans, interest, derivatives, etc.
- **Net Income Before Income Taxes:** Approximately $1.65 billion
- **Net Income (after taxes):** Not explicitly specified, but based on effective tax rate (~26%), approximately $1.22 billion.
- **Profitability Measures:** Income before income taxes showed a slight decrease from $1.67 billion in FY 2024 to $1.65 billion in FY 2025.

## Business Model & Focus
- Provides diverse financing products to support Honda and Acura vehicle sales and leasing.
- Operates through multiple service and processing centers in the U.S. and Canada to handle payments, collections, remarketing, and collateral management.
- Uses incentive financing programs with subsidies to enhance yields on financed transactions.
- Maintains extensive relationships with Honda and Acura dealers, facilitating inventory financing and commercial dealership loans.
- Funding sources include commercial paper, medium-term notes, bank loans, asset-backed securities, and related-party debt.

This detailed summary captures the company's specific functions, product offerings, customer base, employee count, revenue, and income for fiscal year 2025 based strictly on provided information.

American Honda Finance Corporation provides various financing options to customers and dealers for Honda and Acura products in the United States and Canada.

# American Honda Finance Corporation

## Company structure
- Incorporated: February 6, 1980  
- Location: 1919 Torrance Boulevard, Torrance, California 90501  
- Subsidiaries:
  - Wholly owned subsidiary: American Honda Motor Co., Inc. (AHM)
  - Majority-owned subsidiary: Honda Canada Finance Inc. (HCFI)
  - Other affiliates: Honda Canada Inc. (HCI)

## Business operations
American Honda Finance Corporation provides financing for customers and dealers associated with Honda and Acura products in the United States and Canada. It supports sales and leasing and focuses on customer and dealer satisfaction.

## Main financing products
1. Retail loans
   - Acquires retail loans (primarily installment sale contracts) originated by Honda and Acura dealerships.
   - Loans cover new and used vehicles, motorcycles, power equipment, and marine engines.
   - Loan terms generally range from 24 to 84 months; 96-month loans offered starting April 1, 2024, in Canada.

2. Retail leases
   - Focuses on closed-end lease contracts for new Honda and Acura automobiles.
   - Lease terms typically range from 24 to 60 months.
   - Residual values of leased vehicles are set at lease inception based on anticipated market values at contract end.

3. Wholesale flooring loans
   - Provides loans to Honda and Acura dealers for purchasing inventory.
   - Loans finance new vehicles up to 100% of dealer invoice price and used vehicles up to 100% of market value.

4. Commercial loans
   - Financing for property, equipment improvements, and dealership operations.
   - Options include mortgage loans, term loans, and revolving lines of credit.

## Financial information
- Employees:
  - 1,274 employees in the United States
  - 186 employees in Canada

## Customer base
AHFC services retail buyers of Honda and Acura vehicles, lessees, and authorized dealerships. The volume of transactions and contracts reflects substantial involvement in the automotive financing market.

## Relationship with affiliates
AHFC operates under incentive financing programs sponsored by AHM and HCI and offers promotional rates to facilitate financing for Honda and Acura products. These affiliate agreements support financing strategies and enhance competitive offerings.

## Conclusion
American Honda Finance Corporation supports automotive sales by offering a range of financing options for consumers and dealers across North America. The company focuses on maintaining strong customer and dealer satisfaction in a competitive marketplace.

AMERICAN HONDA FINANCE CORP

10-K / June 18, 2026

10-K / June 18, 2025

10-K / June 20, 2024

10-K / June 18, 2026

American Honda Finance Corporation

Corporate identity and ownership

Corporate offices

Primary business activities

Financing offerings

Subsidy and incentive programs

Geographic and product scope

Financial reporting