Yamaha Motor : Notification of Business Integration between Yamaha Motor Co., Ltd., SHINKAWA LTD., and APIC YAMADA CORPORATION
February 12, 2019 at 01:15 am EST
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February 12, 2019
Yamaha Motor Co., Ltd. (hereinafter 'Yamaha Motor'), SHINKAWA LTD. (hereinafter 'Shinkawa'), and APIC YAMADA CORPORATION (hereinafter 'Apic Yamada') hereby announce that at the Board of Directors Meeting of each company held today, resolutions were passed so that Yamaha Motor has made Shinkawa a subsidiary through a third-party allotment of shares, Shinkawa has made Apic Yamada a wholly-owned subsidiary through a tender offer and subsequent procedures, and Shinkawa and Apic Yamada will transition to a joint holding company structure through corporate separation of Shinkawa, thus integrating the businesses of the three companies (hereinafter, 'this Business Integration'). A business integration agreement (hereinafter 'this Business Integration Agreement') has also been concluded.
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Yamaha Motor Co. Ltd. published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 06:14:16 UTC
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. 
