Yamaha Motor Co., Ltd. Announces Consolidated Earnings Results for the First Half of 2021
August 05, 2021 at 04:12 am EDT
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Yamaha Motor Co., Ltd. announced consolidated earnings results for the first half of 2021. For the period, the company reported JPY 920.1 billion (an increase of JPY 234.6 billion or 34.2% compared with the same period of the previous fiscal year). Operating income was JPY 109.2 billion (an increase of JPY 90.1 billion or 471.9%). Net income for the period attributable to owners of parent was JPY 93.1 billion (compared to a quarterly net loss of JPY 2.8 billion in the same period of the previous fiscal year).
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. 
