International Dealer News IDN 137 June/July 2017 | Page 16

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Yamaha report Q1 sales revenue up worldwide, unit sales down in Europe

Net sales for Yamaha Motor Co. Ltd.' s consolidated accounting period for the first quarter of the fiscal year ending December 31, 2017 were 386.0 billion yen( an increase of + 3.1 billion yen or + 0.8 % compared with the same period the previous fiscal year), and operating income was 37.3 billion yen( an increase of + 5.0 billion yen or + 15.5 %). In the developed markets business, profitability improvements progressed in marine, industrial machinery and robot products, and electrically powerassisted bicycles, but remaining one-off factors, such as the appreciating yen and the effect of unrealized income etc., led to decreased sales and income. Regarding the emerging markets motorcycle business, increased sales of products in the higher price range and profitability improvements through cost reductions and structural reforms etc. continued, which led to increased sales and income. Ordinary income was 40.8 billion yen( an increase of + 12.7 billion yen or + 45.1 % against the same period the
previous fiscal year), and net income for the period attributable to parent company shareholders was + 31.7 billion yen( an increase of + 11.0 billion yen or + 53.0 %). Motorcycle net sales were 232.5 billion yen( an increase of + 2.7 billion yen or + 1.2 % compared with the same period the previous fiscal year), and operating income was + 13.9 billion yen( an increase of + 6.4 billion yen or + 84.0 %). Unit sales decreased in developed markets such as Europe, North America and Japan. Unit sales in emerging markets such as Vietnam, the Philippines, and Thailand increased, but decreased in the Indonesian market etc. Net sales decreased in developed markets due to an appreciation of the yen and lower unit sales, whereas net sales increased in emerging markets thanks to increases in unit sales and sales of products in the higher price range. Operating income increased due to the effects of product mix improvements and cost reductions etc.

Honda unit sales + 15.8 percent in Europe for first quarter of 2017; + 6.4 percent in Europe for 2016 / 17 financial year

Honda saw global Group motorcycle unit sales grow by + 3.6 percent to 17,661m units for their 2016 / 2017 financial year ended March 31st.; on a consolidated basis( directly and wholly owned operations only) sales grew + 6.3 percent to
11,237m units. For the fourth quarter( January to March 2017) global Group unit sales were + 1.8 percent( 4.248m units); on a consolidated basis sales were + 2.1 percent( 2.633m units). In Europe, consolidated unit sales were + 15.8 percent at 66,000 in the final quarter( January to March 2017) and + 6.4 percent for the full financial year to March 31st at 217,000 units. Honda says it has seen further decreases in sales of motorcycles and ATVs in the United States(- 4.5 percent for the 12 months at
294,000 units) as the overall market there continues to contract. Asia has seen increases in Pakistan, Vietnam and Thailand( decreases in Indonesia) to leave them + 10.0 percent at 9,513m units. Sales in Brazil were down. Its fourth quarter Group motorcycle unit sales resulted in a + 3.8 percent increase in sales revenue at 453.7 bn yen, a 38.1 percent increase in operating profit and an 8.4 percent increase in operating margin. Motorcycle sales revenue for the full year to end of March 2017 were down-6.1 percent at 170.1 bn yen, with operating margin
reduced to 9.9 percent. Overall, corporate fiscal fourth quarter consolidated operating profit was up at 201.9 billion yen. Consolidated operating profit for the fiscal year( April 1, 2016 through March 31, 2017) amounted to 840.7 billion yen, an increase of 67.0 percent compared to the previous fiscal year. Consolidated operating profit for the fiscal fourth quarter( January 1, 2017 through March 31, 2017) amounted to 138.1 billion yen, an increase of 201.9 billion yen compared to the same period last year.

BMW Motorrad Q1 deliveries + 5.5 percent

BMW say its motorcycle division had a successful start to the year, delivering 35,636 motorcycles and maxiscooters( 2016: 33,788 units) to customers during the first quarter, which is 5.5 % up on the previous year. Revenues grew by 7.0 % to € 623 million( 2016: € 582 million).“ Higher volumes and positive sales-mix factors helped our motorcycle segment profit to jump by 33.0 % to € 125 million( 2016: € 94 million).“ Influenced by seasonal factors at the start of the motorcycle season, the segment EBIT margin came in at 20.1 %( 2016: 16.2 %). Profit before tax also improved by 33.0 % to € 125 million( 2016: € 94 million)”.
16 INTERNATIONAL DEALER NEWS- JUNE / JULY 2017