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

news ROOM

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