Yamaha Motor Co. has raised its 2017 income forecasts after it announced consolidated business results for the first nine months of its 2017 financial year (the period to 30th September 2017) with net sales up by +10.4 percent and a +35.9 percent increase in operating income.
Net sales for Yamaha Motor Co.’s consolidated accounting period for the first nine months of its fiscal year (ending December 31, 2017) were 1,250.7 billion yen, (an increase of +117.9 billion yen or +10.4% compared with the same period the previous fiscal year), and operating income was 120.8 billion yen (an increase of +31.9 billion yen or +35.9%).
In the emerging markets motorcycle business segment, net sales increased thanks to higher unit sales in the Philippines, Vietnam and Thailand, and operating income increased thanks to the effects of product mix improvements and cost reductions such as promotion of the platform transition.
Despite decreasing in Indonesia due to the market slump there, unit sales and net sales of motorcycle products increased overall.
In developed markets, all businesses (apart from power products) saw increased sales and income.
Net sales of motorcycle products overall were 782.0 billion yen (an increase of +82.8 billion yen or +11.8% compared with the same period the previous fiscal year), and operating income was 54.5 billion yen (an increase of +25.8 billion yen or +90.3%).
Operating income increased in emerging markets - principally the ASEAN region - thanks to the effects of product mix improvements and cost reductions such as promotion of the platform transition and increases in developed markets, as well thanks to the effects of yen depreciation, leading to increased income overall.
In other news, Yamaha has signed the UN Global Compact (the “UNGC”), a voluntary initiative promoted by the United Nations in which participating companies and organizations “create a global framework to realize sustainable growth by acting as good members of society through displaying responsible and creative leadership. Participating companies and organizations are required to support and enact ten principles.
Meanwhile in India, Yamaha saw its FZ25 recognized at the CII Design Excellence Awards, winning the “Two-Wheelers Commercial” - “Mobility Design” category. This competition is hosted by the Confederation of Indian Industry, and the accolade represents the company’s first honor in these awards, received at its first application.
 |
| Made and sold in India, Yamaha’s FZ25 was recognized at the CII Design Excellence Awards, winning the “Two-Wheelers Commercial” - “Mobility Design” category |
Now in their seventh year since establishment in 2011, the CII Design Excellence Awards recognize outstanding products manufactured and/or sold in India. Produced and sold in India by their subsidiary India Yamaha Motor Private Limited, the FZ25 is a street model motorcycle featuring a new 250cc BLUE CORE engine, which is said to deliver “both riding enjoyment as well as excellent fuel efficiency and environmental performance”.
Design notes – Yamaha logo; building pic if we have it, and for this combo piece, at least for the MW version, can you rip the pic of the FZ25 from here …
https://global.yamaha-motor.com/news/2017/1221/design-award.html
Caption:
