News

Published: Wednesday, 11 May 2016

Yamaha Motor Co., Ltd. (Tokyo: 7272) announced consolidated business results for the first quarter.

Yamaha Motor Saw Marine Sales Growth In North America 1

(Yamaha FZR 25)

Net sales for Yamaha Motor Co., Ltd.'s consolidated accounting period for the first quarter of the fiscal year ending December 31, 2016 were 382.9 billion yen, (a decrease of 6.8 billion yen or 1.7% compared with the same period the previous fiscal year), and operating income was 32.3 billion yen (a decrease of 4.3 billion yen or 11.8%).

In the Marine Products Business, increased sales of large outboard motors in North America led to an increase in overall sales, but a decrease in income due to the appreciating yen etc.

Net sales in the entire marine business segment were 84.4 billion yen (an increase of 2.4 billion yen or 2.9% compared with the same period in the previous fiscal year), and operating income was 20.0 billion yen (a decrease of 1.1 billion yen or 5.4%).

Yamaha Motor Saw Marine Sales Growth In North America

(Yamaha WaveRunner)

Although there was an increase in net sales due to increased unit sales of large outboard motors and water vehicles in North America, there was a decrease in income due to the effects of the appreciating yen etc.

Ordinary income was 28.1 billion yen (a decrease of 8.0 billion yen or 22.1% against the same period the previous fiscal year), and net income for the quarter attributable to parent company shareholders was 20.7 billion yen (a decrease of 5.1 billion yen or 19.7%).

Yamaha Motor Saw Marine Sales Growth In North America 2

(Yamaha AR230)

For the first three months consolidated accounting period, the U.S. dollar traded at 115 yen (an appreciation of 4 yen from the same period the previous fiscal year), and the euro at 127 yen (an appreciation of 7 yen).

Forecast of consolidated business results:
Regarding the anticipated consolidated business results for the fiscal year ending December 31, 2016, no updates have been made to the current forecasts that were announced with the previous fiscal year business results on February 9, 2016, namely 1,700.0 billion yen in net sales, 120.0 billion yen in operating income, 125.0 billion yen in ordinary income, and 80.0 billion yen in net income for the fiscal year attributable to parent company shareholders.

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