Friday, March 11, 2011

A Return To Profit

Below about a return to profit Yamaha.

Yamaha Motor Co. returned to the current financial year, profit fell even as sales in North America.

Firm at the end of the fiscal year report showed that sales fell in North America more than 6 percent over the previous year. Motorcycle sales in the wholesale level fell sharply. Its marine and ATV sales, but increased slightly at the wholesale level.

Overall, the company completed the $ 223,000,000 net income on completion of the previous fiscal year with a loss. Helping companies to profit net profit margin increased - an increase of more than 12 percent - a decline in depreciation and employees through the company cut costs and reform, according to Yamaha press release.

total sales negatively impacted by exchange rates, but it saw a significant increase in motorcycle sales in developing countries and the rest add the sales of motor vehicles.

In North America the total number of Yamaha motorcycles wholesale saled for the fiscal year fell to 53,000 units. That's 42 percent decline from the previous year.

The company’s wholesales of ATVs rose in its fiscal year after implementing inventory adjustments in the previous year.

The company’s power products division, which includes ATVs, UTVs and snowmobile sales, rose nearly 2.5 percent compared to the previous year.

Its marine products division, which includes PWC and outboard motors, reported a 22 percent increase in its sales compared to a year ago. Yamaha attributed that increase to its strategic introduction of newly developed, environmentally friendly outboard motors, inventory adjustments made the previous year in the United States and strong retail sales that rose from the previous year.

For motorcycles alone, Yamaha saw a sizeable wholesale jump due to its increasing business in emerging countries. Wholesale numbers, however, decreased in Europe to 227,000 units (a 17 percent decrease) and in Japan to 99,000 units (an 8 percent decline).

Wholesales in emerging markets, including Indonesia, Vietnam and Thailand, were up nearly 23 percent to 6.5 million units, the company reported.

The big increase in emerging countries allowed Yamaha to see an overall nearly 11 percent sales increase over the year-ago period.

Looking forward, Yamaha expects a continued challenging business environment due to exchange rates and increasing raw material prices. In this environment, the company said it will continue its ongoing structural reforms but does expect its overall sales to increase next year by more than 4 percent.

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