International Dealer News 167 June/July 2022 IDN167 June/July 2022 | Page 20

THE BRADLEY REPORT

THE BRADLEY REPORT

Yamaha - Q1 2022 Results

Yamaha has announced Q1 ( January - March 2022 ) net sales of 315.4bn yen in its ' Land Mobility Business ' division , which includes motorcycles (+ 25.0bn yen /+ 8.6 % compared with Q1 , 2021 ) with operating income of 12.2bn yen ( -7.7bn yen / -38.9 %). " For the motorcycle business , demand is trending towards recovery thanks to measures to stem COVID-19 infections and the easing of restrictions seen in each country . Higher unit sales in Indonesia , Brazil , Europe , and other markets led to higher net sales for the business . " However , profits declined not only due to soaring raw material prices but also from procurement delays for semiconductors and other parts , which led to an insufficient supply of our premium segment models that adversely affected the model mix . " With recreational vehicles ( all-terrain vehicles , ROVs , and snowmobiles ), unit sales of the Wolverine RMAX model series were strong but rising raw material prices and spiking labour expenses impacted figures and resulted in higher net sales but lower profits .
The TY-E 2.0 trials bike was among a slew of electrification announcements from Yamaha already this year , as the company finally starts to gear itself up for an " alternate power platform " future .
Yamaha Motor Europe announced that a record number of riders have registered to contest the YZ bLU cRU FIM Europe Cup in 2022 . 395 young riders will race Yamaha ' s YZ65 , YZ85 and YZ125 motocross bikes in 21 countries across Europe , as they compete for a place at the prestigious YZ bLU cRU FIM Europe Cup SuperFinale , which will take place this year at the MXGP of Charente Maritime in St Jean d ' Angely , France from 19-21 August 2022 .
Tricity 125 3-wheel scooter
Featuring a " lively and economical new Euro 5 Blue Core engine , together with a refined chassis for increased feelings of comfort and stability ", Yamaha says that " the latest version of our popular Tricity 125 is the clear
20 INTERNATIONAL DEALER NEWS - JUNE / JULY 2022
choice for commuters and urban dwellers who want a practical and easy-to-use scooter . " Since its introduction in 2014 , this high quality three-wheel urban mobility vehicle has attracted a strong following amongst independentminded riders with an eye for style and quality who appreciate its unique combination of compact dimensions , low weight and the added confidence of a third wheel . " For 2022 , the Yamaha Tricity 125 is unique in being the only three-wheel model offered by any manufacturer in the important 125 cc capacity class - and being accessible with a A1- licence , this compact and agile scooter is an attractive proposition for riders looking for convenient and affordable urban mobility . " Equipped with connected instruments that enable the rider to view smartphone and social media notifications , the Tricity 125 offers the mobility and agility of a conventional scooter combined with the classleading ride quality and confident handling character associated with its three-wheel layout ."
" In the electrically power-assisted bicycles business , tightening supplies of semiconductors and electronic components led to insufficient supply of e-Kit parts for Europe , and after recording provisions for product warranties triggered by a battery recall , the business posted lower sales and profits overall ". At the corporate level net sales were 481.7bn yen (+ 37.6bn yen /+ 8.5 %) with operating income of 40.1bn yen ( -8.2bn yen / -16.9 %). Ordinary income was 45.7bn yen ( - 7.1bn yen / -13.5 %). " Recoveries from the effects of the COVID-19 pandemic led to strong sales of outboard motors in developed markets and healthy sales of

XSR125 Legacy

motorcycles in emerging markets such as Indonesia , and this resulted in higher consolidated net sales . However , operating income declined due to the soaring prices for aluminum , iron , and other raw materials and the impact of rising logistics costs caused by a shortage of shipping containers bound for the United States , among other factors ." Net sales in Yamaha ' s Marine Products Business were 108.7bn yen (+ 11.2bn yen / 11.4 %) with operating income of 20.4bn yen (+ 1.0bn yen /+ 5.4 %), while Robotics net sales were 26.2bn yen ( -0.9bn yen / -3.2 %) with operating income of 3.7bn yen (+ 0.6bn yen /+ 19.7 %).
Yamaha says its Sport Heritage model segment " goes from strength to strength ", and the 2021 launched XSR125 saw the company close the circle with an entry level to the Yard Built programme derived , ' Faster Sons ' philosophy imbued custom versatility of the popular XSR platform . Since its inception , the Yard Built project has seen the creation of more than 60 exclusive , one-off specials based on production Sport Heritage models , and Yamaha says that it will continue to invest in the Yard Built scene for 2022 and beyond - stating that " the company ' s mission can be summed up by the Japanese word ' Kando ': That is to create deeply satisfying products that inspire the heart and spirit - and the new XSR125 Legacy is a perfect example of Kando in action ." www . idnmag . com