Press release -

Yamaha Motor: Notifications regarding the Revision of Forecast Consolidated Business Results for the Fiscal Year Ending December 31, 2019

IWATA, August 8, 2019 - Yamaha Motor Co., Ltd. (Tokyo: 7272) hereby announces that, at the Board of Directors meeting on Thursday, August 8, 2019, the Company has determined to revise as follows the forecast consolidated business results for the fiscal year ending December 31, 2019.

There are no changes to the forecast dividend for the year.

 

1. Revised Forecast Consolidated Business Results for the Fiscal Year
(January 1, 2019 through December 31, 2019)

 

2. Reasons for revision of forecast business results

Results are now projected to be below the original forecast due to sluggish sales owing to the effects of U.S.-China trade friction in the robotics business, as well as lower unit sales in Vietnam and deterioration of the model mix in Taiwan in the emerging markets motorcycle business.

Exchange rates based on:

Regarding dividends for the fiscal year, the original forecast dividend for the year has been maintained at 90 yen per share, and the interim dividend has been determined at 45 yen per share.

 

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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.
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