Press release -

Dividend from Surplus and Revision of Forecast Dividends

IWATA, May 29, 2020 - Yamaha Motor Co., Ltd. (Tokyo: 7272), by a resolution of its Board of Directors on May 29, 2020, has decided to cancel dividends from surplus at the end of the second quarter (June 30, 2020). Yamaha Motor will therefore make a new announcement when making projections become possible for forecast dividends from surplus for the fiscal year ending December 31, 2020.

 

(1) Revised Forecast of Dividends from Surplus for the Fiscal Year from January 1, 2020 through December 31, 2020

(2) Reasons for Revision of Dividends from Surplus

With regard to the unclear market environment and the consolidated business conditions, Yamaha Motor has determined to cancel dividends from surplus at the end of the second quarter (June 30, 2020) to secure cash on hand.

 

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Yamaha Motor (TOKYO:7272) is a world-leading producer of motorcycles, marine products, power products and robotics.

Yamaha Motor (TOKYO: 7272) is a world-leading enterprise manufacturing land-mobility such as motorcycles, all-terrain vehicles, and electrically power assisted bicycles, marine products such as boats and outboard motors, robotics products such as surface mounters and drones, as well as engagement in the finance business. The company's diverse businesses and wide variety of products are built around its proprietary technologies focused on powertrain, chassis and hull, electronic control, and manufacturing technologies. Yamaha Motor operates global development, production and sales networks through 140 subsidiaries and equity-method affiliates in 30 countries and regions, working to realize our Corporate Mission of being s "Kando* Creating Company."
About 90% of consolidated net sales are generated in more than 180 countries and regions outside of Japan.
Please visit http://global.yamaha-motor.com.

*This is a dedicated website providing Yamaha Motor PR materials for viewing by media journalists.
We request that you refrain from using the materials and photographs on this website for purposes other than media reporting.

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