Yamaha Motor Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2021
February 12, 2021 at 02:00 am EST
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Yamaha Motor Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2021. For the year, the company expects net sales of JPY 1,700.0 billion, operating Income of JPY 110.0 billion, Net Income Attributable to Owners of Parent of JPY 72.0 billion.
Yamaha Motor Co., Ltd. specializes in the construction and marketing of motorcycles, all terrain vehicles and boats. The group also develops engine manufacturing activity. Net sales break down by family of products as follows:
- sale of motorcycles (65.3%): 4.8 million units sold in 2022. Yamaha Motor Co., Ltd. also offers all-terrain vehicles, off-road recreational vehicles, snowmobiles and electric bicycles;
- manufacturing of marine motor equipment and watercraft (23%): ooutboard engines, jet skis, fishing boats, utility boats, etc. ;
- sale of industrial machines and robots (5.2%);
- provision of financial services (2.8%);
- other (3.7%): primarily golf carts, snow blowers, generators and multi-purpose engines and automobile engines and components.
Net sales are distributed geographically as follows: Japan (7.3%), Asia (40.1%), North America (25.3%), Europe (13.9%) and other (13.4%).
YAMAHA MOTOR CO., LTD. 
