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Hirotoshi Honda
is a Japanese business magnate, engineer and the founder of Mugen Motorsports. He is the son of Soichiro Honda was a Japanese engineer and industrialist. In 1948, he established Honda Motor Co., Ltd. and oversaw its expansion from a wooden shack manufacturing bicycle motors to a multinational automobile and motorcycle manufacturer. Early years Honda ..., founder of the Honda Motor Company. Tax evasion case Japanese prosecutors had arrested Hirotoshi Honda in 2003, hours after prosecutors launched a criminal investigation into Mugen, which has business relations with Honda Motor Company, on suspicion of dodging ¥ in corporate taxes. Norio Hirokawa, 60, the company's auditor, was also arrested over his alleged involvement in the tax evasion. Prosecutors alleged that Hirotoshi Honda approved the transactions, although he has claimed he was also a victim and only signed the tax documents prepared by his auditor without knowing about the crime. Prosecutors suspect Mugen ...
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Hamamatsu
is a city located in western Shizuoka Prefecture, Japan. the city had an estimated population of 791,707 in 340,591 households, making it the prefecture's largest city, and a population density of . The total area of the site was . Overview Hamamatsu is a member of the World Health Organization’s Alliance for Healthy Cities (AFHC). Cityscapes File:Hamamatsu Castle, enkei-3.jpg, Hamamatsu Castle(2021) File:Views from Hamamatsu Castle20211002.jpg, City views from Hamamatsu Castle(2021) File:Hamamatsu view - panoramio.jpg, CBD of Hamamatsu File:Hamamatsu from Mount Tonmaku.jpg, Part of Hamamatsu Skyline File:Skyline of Hamamatsu01.jpg, Skyline of Hamamatsu File:Arco Mall Yurakugai in Hamamatsu City(2).jpg, Yūrakugai File:Night view of Hamamatsu city.jpg, Night view of Hamamatsu Geography Hamamatsu is southwest of Tokyo.Fukue, Natsuko.Nonprofit brings together foreign, Japanese residents in HamamatsuArchive. ''The Japan Times''. March 13, 2010. Retrieved ...
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Mugen Motorsports
Mugen Motorsports (無限), legally known as M-TEC Company, Ltd., is a Japanese company formed in 1973 by Hirotoshi Honda, the son of Honda Motor Company founder Soichiro Honda, and Masao Kimura. Mugen, meaning "without limit", "unlimited" or "vast", (hence the commonly placed word "power" after, denoting "unlimited power") is an engine tuner and parts manufacturer that manufactures OEM parts such as body kits and sports exhausts for Honda. Despite the family relationship, however, Mugen is not, and has never been, owned by Honda Motor Company; Mugen owner Hirotoshi Honda has been the biggest shareholder in Honda since his father's death in 1991. The company tunes and races Honda vehicles in the Super GT championship, and, additionally, sells aftermarket parts to amateur enthusiasts. It was part of partnerships that won the Formula 3000 championship in 1990 and 1991, and that eventually led to Mugen's involvement in Formula One, from 1992 to 2000, and up to 2005 was the exc ...
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Engineering
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under speci ...
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Soichiro Honda
was a Japanese engineer and industrialist. In 1948, he established Honda Motor Co., Ltd. and oversaw its expansion from a wooden shack manufacturing bicycle motors to a multinational automobile and motorcycle manufacturer. Early years Honda was born in Kōmyō village, Iwata District, Shizuoka, near Hamamatsu on November 17, 1906. He spent his early childhood helping his father, Gihei Honda, a blacksmith, with his bicycle repair business. At the time his mother, Mika Honda, was a weaver. Honda was not interested in traditional education. His school handed grade reports to the children, but required that they be returned stamped with the family seal, to make sure that a parent had seen it. Honda created a stamp to forge his family seal out of a used rubber bicycle pedal cover. The fraud was soon discovered when he started to make forged stamps for other children. Honda was unaware that the stamp was supposed to be mirror-imaged. His family name 本田 (Honda) is symmetrical whe ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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Business Magnate
A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or services are widely consumed. Such individuals have been known by different terms throughout history, such as industrialists, robber barons, captains of industry, czars, moguls, oligarchs, plutocrats, or taipans. Etymology The term '' magnate'' derives from the Latin word ''magnates'' (plural of ''magnas''), meaning "great man" or "great nobleman". The term ''mogul'' is an English corruption of ''mughal'', Persian or Arabic for "Mongol". It alludes to emperors of the Mughal Empire in Medieval India, who possessed great power and storied riches capable of producing wonders of opulence such as the Taj Mahal. The term ''tycoon'' derives f ...
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AFX News Limited
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency. AFP has regional headquarters in Nicosia, Montevideo, Hong Kong and Washington, D.C., and news bureaus in 151 countries in 201 locations. AFP transmits stories, videos, photos and graphics in French, English, Arabic, Portuguese, Spanish, and German. History Agence France-Presse has its origins in the Agence Havas, founded in 1835 in Paris by Charles-Louis Havas, making it the world's oldest news service. The agency pioneered the collection and dissemination of news as a commodity, and had established itself as a fully global concern by the late 19th century. Two Havas employees, Paul Julius Reuter and Bernhard Wolff, set up their own news agencies in London and Berlin respectively. In 1940, when German forces occupied France during World War II, the news agency was taken over by the authorities and renamed "Office f ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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Agence France-Presse
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency. AFP has regional headquarters in Nicosia, Montevideo, Hong Kong and Washington, D.C., and news bureaus in 151 countries in 201 locations. AFP transmits stories, videos, photos and graphics in French, English, Arabic, Portuguese, Spanish, and German. History Agence France-Presse has its origins in the Agence Havas, founded in 1835 in Paris by Charles-Louis Havas, making it the world's oldest news service. The agency pioneered the collection and dissemination of news as a commodity, and had established itself as a fully global concern by the late 19th century. Two Havas employees, Paul Julius Reuter and Bernhard Wolff, set up their own news agencies in London and Berlin respectively. In 1940, when German forces occupied France during World War II, the news agency was taken over by the authorities and renamed "Offi ...
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Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US ...
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Automotive News
''Automotive News'' is a weekly newspaper written for the automotive industry, predominantly individuals corresponding with automobile manufacturers and automotive suppliers. Based in Detroit and owned by Crain Communications Inc, ''Automotive News'' is deemed to be the newspaper of record for the automotive industry. The brand has a team of more than 55 editors and reporters globally. The company has its headquarters at 1155, Gratiot Avenue in downtown Detroit. History George Slocum had felt for years that the auto industry needed a trade newspaper, and in 1925 he secured the financial backing to start one. ''Automotive News'' started as ''Automotive Daily News'' Slocum Publishing issued the first issue in New York on August 27, 1925, Slocum as its Detroit advertising manager. The chief backer of ''Automotive Daily News'' was Bernarr Macfadden. In 1933, Slocum purchased the other investors' interest, moved the paper to Detroit and switched from publishing fives times a w ...
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Vehicle Modification People
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive forces against the ground: wheeled, tracked, railed or skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the oldest logboat found, the Pesse canoe found in a bog in the Netherlands, being carbon dated to 8040 ...
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