Marine sales outpace consolidated results at Yamaha Motor

> Subscriber-only, By Arlene Sloan2020-02-12T17:16:00

Japan’s Yamaha Motor reported a dip in 2019 sales, offset by 2% growth in the company’s Marine business which accounts for 21% of annual revenues

Despite a softening in other business segments, Yamaha Motor posted 2% growth in fiscal 2019 revenues for the company’s Marine business which includes sport boats, personal watercraft and outboard engines.

According to full-year results presented today by Yoshihiro Hidaka, President, CEO and Representative Director of Yamaha Motor, net sales in the Marine division were ¥345.1 billion, representing a 2% increase compared to 2018 and accounting for 21% of annual revenues for the company which were down 1% to ¥1,673 billion….

To continue reading, please see the options below for subscribing to IBI’s Premium Content.

Start your £1 IBI Plus trial

Unlock this IBI Plus article

Your window into the marine industry

Get the intelligence to stay ahead in the marine industry. IBI Plus gives you unlimited access to all our articles, analysis and business intelligence – including stories currently locked to non-subscribers.

Try IBI Plus for just £1 a week.

START YOUR £1 TRIAL

Cancel any time during your trial.

YOUR MARINE INDUSTRY EDGE

Spot trends

Identify emerging opportunities early

Know your market

Track key companies and market forces

Stay ahead

Get intelligence beyond the headlines

Already a subscriber?