Yamaha Motor Corp...

[PapaUtah]

Yamaha announces…looks like it’s good to be Yamaha Motor Co…

“Yamaha announced results for FY2005 (year through December 2005) on February 7. Consolidated operating profits came to ¥103.3 bn(about $860M USD), in line with analyst consensus forecast. The company forecasts 2006 operating profits of ¥115.0 bn(about $968M USD), up 11% year on year on a nominal basis.”

“Yamaha achieved OP growth in all business segments in FY12/05. 1) The main motorcycle segment increased 26.6% YoY to ¥33.2bn from ¥26.2bn in FY12/04. (The company forecasts FY12/06 OP of ¥41bn).”

” Yamaha becomes the fifth automaker to join the “¥100 billion OP Club” after Toyota Motor, Nissan Motor, Honda Motor, and Suzuki Motor.”

“Yamaha’s 12/06 OP forecasts by segment are as follows: 1) a substantial increase of ¥7.8bn in

the motorcycle segment…”

:clap:

 

[radman]

Why aren't they chopping health care, ditchin' pensioners, closing plants? Don't they know there's a motorin' manufacturin' crisis?!?!?!

 

[Bounce]

Because they knew enough not to mortgage the kit-and-caboodle to placate the unions.

 

[TheAxeman]

Still not as good as Exxon/Mobil realizing a 35 billion dollar profit last year while gasoline becomes even more expensive than bottled water.........

 

[Fallen Jim Rides again]

Still not as good as Exxon/Mobil realizing a 35 billion dollar profit last year while gasoline becomes even more expensive than bottled water.........

Now that is funny AND scary all at the same time. And for so many different reasons.

 

[Windjammer]

Why aren't they chopping health care, ditchin' pensioners, closing plants? Don't they know there's a motorin' manufacturin' crisis?!?!

Because they knew enough not to mortgage the kit-and-caboodle to placate the unions.

+1, but also because they didn't flood the market with drastically discounted product and zero or near zero finance rates.

Remember how great the automakers were doing after 9/11? Now they're paying the price for over-using their incentives.

 

[Mike-H]

In the Japaneses case the tail doesn't wag the dog...unlike the U.S. unions

 

[FJR&R]

Bottled water?

Now there's something with an extreme profit margin!

 

[Grumpy]

Drug companies are where the "profit" is.

 

[Fallen Jim Rides again]

Drug companies are where the "profit" is.

I guess that explains why there are so many individual start ups every year, at least in distribution. :blink: