Business Wire

Yamaha Motor Marks Record Annual Profit in 2017

Del

Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that net income soared nearly 61% to a company-record 101.6 billion yen in fiscal 2017, which finished on December 31. The huge increase was driven by sales of higher-end products and cost reductions achieved through advanced processes for manufacturing and refined development methods for platform- and global-model motorcycles. Net sales rose over 11% to 1.67 trillion yen on strong sales of motorcycles in the ASEAN region, outboard motors in the US and surface mounters and industrial robots. Ordinary income surged nearly 52% to 154.8 billion yen.

Motorcycle unit sales in the ASEAN region scored their highest YoY gain since 2011. Net sales overall increased and operating income rose substantially on increased sales of products in higher price ranges and the effects of cost reductions in emerging markets such as Brazil and the ASEAN region.

Marine-sector unit sales of outboard motors and water vehicles sales rose and boat production was boosted by boat-builder acquisitions in Europe and the US. Operating income increased on an improved model mix due to increased sales of large outboard motors in North America and Europe.

Yamaha Motor is forecasting stable income in fiscal 2018. Medium- to long-term initiatives should see solid progress assuming that business conditions continue to hold. Net sales are expected to rise 1.8% to 1,700 billion yen and net income should climb about 1.4 percent to 103 billion yen. Operating income and ordinary income are expected to be on par with their fiscal 2017 levels.

For more on Yamaha Motor’s results, visit: https://global.yamaha-motor.com/ir/
For documents & photos: https://www.mynewsdesk.com/yamaha-motor/

About Yamaha Motor

Yamaha Motor (TOKYO:7272) is a world-leading producer of motorcycles, marine products, power products and robotics. The company’s diverse business and wide variety of products are built around its proprietary technologies focused on powertrains, chassis & hull and electronic control. Yamaha Motor conducts global development, production and marketing operations through 140 subsidiaries and equity-method affiliates in 30 countries. About 90% of consolidated net sales are generated in more than 200 countries outside of Japan. The company is steadily restructuring its global engineering, manufacturing and marketing capabilities for sustainable long-term growth. Please visit https://global.yamaha-motor.com/.

Contact information

Yamaha Motor Co., Ltd.
Naoto Horie, +81-3-5220-7211
Corporate Communication Division
Global PR
ymcglobalpr@yamaha-motor.co.jp

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

OnMiners Changing the Game in Cryptocurrency Mining18.3.2019 20:25:00 CETPressemelding

OnMiners S.A (www.onminers.com) has recently earned the distinction becoming the first company ever to introduce an extraordinary range of endothermic cryptocurrency mining rigs. A team of investors working towards making crypto mining simple and profitable, OnMiners has introduced three highly efficient mining rigs utilizing the latest endothermic chip technology. Each of these products offers biggest hash-rates available in the market while minimizing power consumption and heat/noise generation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190318005779/en/ On2U (Photo: Business Wire) The three OnMiners mining rigs named On2U, On4U, and OnTower can mine Bitcoin, Litecoin, Ethereum, Monero, Dash, and Zcash. Users can start mining their preferred coins immediately because all the units come pre-configured and just need to be plugged in. The most noteworthy feature of these mining rigs is their endothermic nature. Unlike any

AGCO Announces Strategic Partnership with Solinftec18.3.2019 19:31:00 CETPressemelding

AGCO Corporation (NYSE:AGCO), a world-leading manufacturer and distributor of agricultural equipment solutions, announces a commercial and technological partnership with Solinftec, a world-leading developer and distributor of digital agriculture solutions. The partnership will give AGCO customers direct access to Solinftec´s portfolio of solutions including on-board computers, weather stations, soil sensors, telemetry networks, proprietary algorithms and the real-time generation of actionable insights generating operational efficiency and agronomic efficacy. The new solutions will launch in Brazil beginning in early 2019 for growers of sugarcane, soybean, corn and cotton and will launch in the United States for the 2020 crop cycle for corn and soybean growers. Solinftec’s offerings will complement the fleet and farm solutions already available through AGCO’s Fuse® smart farming portfolio. For 11 years, Solinftec has brought solutions to its clients that capture and process data real-ti

Epiphany Partners with Konsentus to Advance Open Banking Era18.3.2019 17:00:00 CETPressemelding

Fintech software and solution innovator, Epiphany SRI, today announced a partnership with regtech company, Konsentus. As a result of this partnership, financial organizations will be able to build open digital banking platforms that comply with PSD2 regulations. The deadline for organizations to comply with PSD2 regulations was 14 March 2019. The regulations require legacy banking and financial service providers, that hold online accessible client accounts, to provide Application Programming Interface (API) so that new operators, Third Party Providers (TPP), can develop new services including order placement, payment or account information. The Epiphany Open Digital Banking Platform helps banking and financial organizations remain relevant, and satisfy their customers’ current and future banking needs, by providing access to an ecosystem of advanced financial services. Konsentus is the only live Software as a Service (SaaS) based API solution available to check TPP Identity and Regulat

HubHead Certifies NRX AssetHub 7.0 for Use with SAP NetWeaver®18.3.2019 16:15:00 CETPressemelding

HubHead announces that NRX AssetHub 7.0 has been certified by SAP NetWeaver® 7.3. This SAP certification states that NRX AssetHub 7.0 integrates with SAP NetWeaver and that it complies with all the technical requirements for the SAP certification procedures. This certification means that NRX AssetHub 7.0 can efficiently integrate with SAP® solution environments. NRX AssetHub 7.0 can easily be implemented into SAP® infrastructure, quickly and at a low cost. Dennis Wu, the senior vice president of engineering at HubHead says, “We are excited to receive the SAP NetWeaver certification for the next generation of the NRX AssetHub solution.” HubHead Corp is Sponsoring SAP-Centric EAM: The HubHead team is at SAP-Centric EAM in San Antonio as a Silver Sponsor. SAP-Centric EAM is North America’s only asset management conference powering SAP users. You are encouraged to visit the HubHead team and take advantage of the coffee barista station. A HubHead customer in the oil and gas industry will be

TRIPLE-1, Inc. Signed a Distributorship Contract with Fujitsu Electronics Inc.18.3.2019 15:00:00 CETPressemelding

TRIPLE-1, Inc. (Representative Director: Takuya Yamaguchi) and Fujitsu Electronics Inc. (Representative Director: Junji Ogihara) have entered into a distributorship contract for a mining ASIC (application specific IC) “KAMIKAZE” that uses the world's most advanced 7nm process technology. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190318005034/en/ TRIPLE-1 / Fujitsu --- Background: In the development market for mining ICs, which requires huge computing power and high power efficiency, the introduction of advanced process technology has been attempted positively and just like the development market for ICs for smartphones, which is one of the world's leading manufacture industries, the driving force for development came from the process miniaturization in the advanced semiconductor industry. As of 2019, there is a mover away from the mainstream 16nm process which had been the oligopoly of traditional Chinese region manufac

Survey Says: Project Leaders Need More PMTQ18.3.2019 14:00:00 CETPressemelding

Project Management Institute (PMI) today released its Pulse of the Profession® report which reveals that organizations wasted almost 12 percent of their investment in project spend last year due to poor performance—a number that’s barely budged over the past five years. As a solution, PMI is calling on project leaders worldwide to evaluate and bolster their Project Management Technology Quotient or PMTQ. PMI developed the tenets of PMTQ by drawing on insights from innovator companies that put a high priority on digital skills acquisition and knowledge coupled with a commitment to a strong project management culture. PMTQ adds a layer of project management to the concept of technology quotient (TQ), which is defined as a person’s ability to adapt, manage and integrate content advances in technology for a project or organization. "In jobs of the future, project teams will be more and more reliant on technology as either an enabler or sometimes as a team member," said Murat Bicak, Senior