Yamaha Motor Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020
November 09, 2020 at 01:36 am
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Yamaha Motor Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2020. For the year, the company expects net sales of JPY 1,480,000 million, operating profit of JPY 70,000 million, profit attributable to owners of parent of JPY 44,000 million and basic earnings per share of JPY 125.93.
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%).