Acquisition Agreements in Marine and SPV Businesses
Yamaha Motor Company signed agreements to acquire Telwater, a major Australian boat manufacturer, and the e-Kit business subsidiary of Brose, a German automotive parts manufacturer, as part of initiatives to establish a competitive advantage and achieve business growth.
Increase in Operating Income
Operating income for the first quarter was 56% higher than the previous year at JPY43.6 billion.
Positive Performance in Robotics Business
The robotics business saw an increase in revenue and a reduction in the deficit compared to the previous year, with increased demand in China and other Asian markets.
Strong Demand for Power-Assisted Bicycles
The SPV business reported high demand and increased sales in power-assisted bicycles for the domestic market.