Yamaha Motor Improves Profitability of Motorcycle Business in Emerging Markets

(BUSINESS WIRE)-- Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that in the first half of the fiscal year ending December 31, 2016, motorcycle business income in emerging markets rose thanks to improvements in product mix and cost reductions. Strong earnings were achieved despite a fall in net sales value due to unit sales declines in countries including Indonesia and Brazil.

Total consolidated net sales of 778.3 billion yen were down 6.1 percent from the previous year and operating income of 65.4 billion yen was down 10.9 percent. Sales and income in developed markets decreased, largely the result of the appreciated yen.

By segment, unit sales of electrically power assisted bicycles rose in Japan. ...

Source : http://me-newswire.net//news/18440/en...