• Yamaha Motor‘s operating income for the first quarter was 77.97 billion yen, which beats the estimated 70.64 billion yen.
• The net income also surpassed expectations, settling at 55.97 billion yen against an estimated 49.81 billion yen.
• Net sales increased by 5.9% compared to the previous year, reaching 642.07 billion yen which is much higher than the estimated 621.58 billion yen.
• Sales for motorcycles in Japan decreased by 14% year on year, amounting to 18,000 units sold instead of the estimated 21,230 units.
• Sales figures for the North America Motorcycles Business remained constant year on year, with 26,000 units sold against an estimate of 22,393 units.
• Europe saw a 5.5% year-on-year increase in motorcycle unit sales, with 58,000 units sold relative to the estimate of 48,147 units.
• Yamaha anticipates net sales to reach 2.60 trillion yen for the year, higher than the estimated 2.54 trillion yen.
• The company foresees an operating income of 260.00 billion yen, which is slightly below the estimated 261.71 billion yen.
• Yamaha is also expecting a net income of 175.00 billion yen, lower than the estimated 182.36 billion yen.
• Yamaha is maintaining its estimated dividend at 50.00 yen. This is slightly lower than the estimated 52.17 yen.
• The rise in revenue and profits is attributed to the company’s core motorcycle business, particularly in India and Brazil due to strong demand and increased selling price. Revenue was also contributed by cost reductions in the motorcycle business and the impacts of a depreciating yen.
• Yamaha stands at 4 buys, 12 holds, and 0 sells based on the current market sentiment.
A look at Yamaha Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Yamaha Motor Co., Ltd., known for its production of motorcycles and motor vehicle engines, has been assessed using the Smartkarma Smart Scores. This evaluation highlights the company’s strengths and weaknesses in various aspects. Yamaha Motor excels in dividend and growth, scoring the highest possible rating of 5 in both categories. This indicates a positive long-term outlook for investors seeking consistent returns and potential for company expansion.
However, Yamaha Motor‘s overall outlook is somewhat tempered by its resilience score of 2, suggesting a vulnerability to certain market conditions. Nonetheless, the company shows promising momentum with a score of 4, indicating a strong performance trend. When considering these Smart Scores collectively, Yamaha Motor appears positioned for continued growth and profitability in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
