Yamaha Motor Records Rise in Net Sales for 2018

— Strong growth in net sales of non-motorcycle product categories —

TOKYO–(BUSINESS WIRE)–Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today
that for the fiscal year ending December 31, 2018, consolidated net
sales of 1,673.1 billion yen were up 0.2% from the previous year. The
company saw a decrease in operating income of 9 billion yen (6.0%),
while ordinary income dropped 10.9% to 138.0 billion yen, and net income
for the period attributable to parent company shareholders was down 8.1%
to 93.4 billion yen.

Net sales increased on the back of strong results in the emerging
markets motorcycle business, the marine business, and the industrial
machinery and robots business.

Operating income saw increased profitability improvements thanks to
sales increases in the marine business and industrial machinery & robots
segment, as well as from development and manufacturing methods of
platform models and global models in the motorcycle business segment.

Unit motorcycle sales increased in emerging markets, but net sales
dipped 2.2% overall due to a decrease in developed markets. Marine
business net sales rose 6.4% thanks to an improved product mix and
strong large outboard motor sales in North America. Power products
increased 1.4%, while industrial machinery and robots rose 3.4% on the
back of healthy sales of surface mounters for automotive applications.

For 2019, Yamaha Motor forecasts net sales rising 1.6% to 1,700.0
billion yen, while operating income is expected to decrease 5.5% to
133.0 billion yen. There will also be a 9.0% decrease in net income
attributable to parent company shareholders to 85.0 billion yen on the
back of an uncertain business environment due to factors such as the
European economic slowdown and the US-China trade issue.

About Yamaha Motor

Yamaha Motor (TOKYO:7272) is a world-leading producer of motorcycles,
marine products, power products and intelligent machinery. The company’s
diverse business and wide variety of products are built around its
proprietary technologies focused on engines, chassis & hull and
electronic control. Yamaha Motor conducts global development, production
and marketing operations through 140 subsidiaries and equity-method
affiliates in 30 countries. About 90% of consolidated net sales are
generated in more than 200 countries outside of Japan. The company is
steadily restructuring its global engineering, manufacturing and
marketing capabilities for sustainable long-term growth. Please visit https://global.yamaha-motor.com/ir/report/.


Naoto Horie, +81-3-5220-7211
Corporate Communication Division
PR Team
Yamaha Motor Co., Ltd.