Yamaha Motor Co., Ltd. (OTCPK:YAMHF) This autumn 2024 Outcomes Convention Name January 12, 2025 1:00 AM ET
Firm Members
Yuuko Kurabe – Company CommunicationsKatsuaki Watanabe – President, CEO, and Consultant DirectorShitara Motofumi – Govt Vice President and Consultant Director
Yuuko Kurabe
We wish to start the 2024 clarification of our earnings and likewise the brand new medium-term administration plan. I am your moderator at this time. I am from Company Communications. My title is Kurabe. Thanks very a lot. Earlier than going into the reasons, let me introduce at this time’s individuals. President, CEO, and Consultant Director, Katsuaki Watanabe; Govt Vice President and Consultant Director, Shitara Motofumi.
Right this moment, we might like to offer you an overview of our enterprise outcomes, then clarify our new medium-term administration plan. After the shows, we are going to take questions from the media, after which there can be time for images. We plan to finish at 16:45. And at this time’s supplies might be discovered on the Yamaha Motor Company website.
Now, let’s start the earnings presentation. Mr. Watanabe, please.
Katsuaki Watanabe
I am from Yamaha Motor. My title is Watanabe. Thanks for taking day out of your busy schedule to attend Yamaha Motor’s clarification assembly at this time, and I would additionally wish to thanks to your fixed understanding and help of our enterprise actions. Thanks.
Now, please let me provide you with an summary of our enterprise outcomes. First, the important thing factors of our enterprise outcomes. Please flip to Web page 4. Our 2024 enterprise outcomes, year-on-year, we noticed elevated revenues, decrease earnings. In comparison with the revised forecast we introduced on November the sixth at our third quarter enterprise outcomes announcement, we noticed decrease revenues and earnings. Income, because of greater unit shipments in bikes and the weaker yen, elevated from the earlier yr.
Income fell roughly JPY62 billion from final yr. Roughly JPY50 billion of this