Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Yamaha Motors (7272) | Choppy Waters Ahead

Equity Bottom-Up

<ul>
<li>The share price of Yamaha Motors has sunk to a low of 1x book on concerns that the marine business has peaked </li>
<li>Recent results and commentary from Brunswick suggest that the market remains as buoyant as ever </li>
<li>We would be buying the stock ahead of earnings, expecting a similarly bullish outlook from Yamaha </li>
</ul>


The share price of Yamaha Motors has sunk to a low of 1x book on concerns that the marine business has peaked 
Recent results and commentary from Brunswick suggest that the market remains as buoyant as ever 
We would be buying the stock ahead of earnings, expecting a similarly bullish outlook from Yamaha 


Yamaha Motors (7272 JP) | Staying the Course in Choppy Macro Waters