Yamaha Motor Co. Ltd announced on February 12 that they would move the Hamakita and Nakase Plant based in Hamamatsu City) to Iwata City.
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Further Yamaha has also announced the consolidation.
Yamaha Motor Co., Ltd. (Tokyo: 7272) announces its consolidated business results for the full fiscal year.
Net sales for Yamaha Motor Co., Ltd.’s consolidated accounting period were 1,471.3 billion yen (a decrease of 193.5 billion yen. Or 11.6% compared with the previous fiscal year).
Operating income was 81.7 billion yen (a decrease of 33.7 billion yen or 29.2%). Ordinary income was 87.7 billion yen (a decrease of 31.8 billion yen or 26.6%).
And net income for the period attributable to owners of parent was 53.1 billion yen (a decrease of 22.7 billion yen or 29.9%).
We were able to somewhat recover from the adverse effects brought by the COVID-19 pandemic in the first half of the year. Thanks to our results in the fourth quarter (October–December).
With net sales of 404.2 billion yen (an increase of 6.7 billion yen or 1.7% compared with the same period of the previous fiscal year).
And an operating income of 25.3 billion yen (an increase of 9.9 billion yen or 64.5%).
For the full fiscal year, the U.S. dollar comes traded. At 107 yen (an appreciation of 2 yen from the previous fiscal year). And the euro at 122 yen (no change).
For net sales, although sales increased in the Robotics and Financial Services businesses.
The impact of the COVID-19 pandemic saw a decrease in unit sales of motorcycles in the Land Mobility business.
As well as in the Marine Products, resulting in a decline in sales overall. Operating income declined overall due to factors such as lower sales.
The impact of foreign exchange rates decreases in utilisation rates from the factory closures as It is enacted in various countries in the first half of the year.