|Bid||1,945.00 x 0|
|Ask||1,947.00 x 0|
|Day's Range||1,941.00 - 1,973.00|
|52 Week Range||1,657.00 - 2,507.00|
|Beta (5Y Monthly)||1.63|
|PE Ratio (TTM)||8.98|
|Earnings Date||May 07, 2020 - May 11, 2020|
|Forward Dividend & Yield||90.00 (4.68%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||3,243.30|
Yamaha Motor Co., Ltd. (Tokyo: 7272) announced today that for the fiscal year ending December 31, 2019, consolidated net sales were 1,664.8 billion yen, a decrease of 0.5% from the same period the previous year. The company experienced an 18.1% decrease in operating income of 25.4 billion yen, while ordinary income fell 13.4% to 119.5 billion yen and net income for the period attributable to parent company shareholders was down 18.9% to 17.6 billion yen.
Yamaha Motor Ventures & Laboratory Silicon Valley leads AUD $3 million seed funding round for health tech startup loop+.
Moody's Investors Service has today assigned Banco Yamaha Motor Do Brasil S.A. (Banco Yamaha) a Ba1/Not Prime long- and short-term local currency and Ba3/ Not Prime foreign currency deposit ratings, following the assignment of a ba3 baseline credit assignment (bca). At the same time, Moody's assigned Banco Yamaha an Aaa.br/ BR-1 long-and short-term national scale deposit ratings, as well as a Baa3/Prime-3 long- and short-term local currency counterparty risk ratings and Ba1/NP long- and short-term foreign currency counterparty risk ratings, and a Baa3(cr)/ Prime-3 (cr) long- and short-term counterparty risk assessments.
India's domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body said on Tuesday, as a financing crunch deepened a crisis in the country's autos sector and triggered large-scale job losses. Sales of passenger vehicles to car dealers plunged 30.9% to 200,790 in July, the ninth straight month of declines, data released by the Society of Indian Automobile Manufacturers (SIAM) showed.
Slumping sales of cars and motorcycles are triggering massive job cuts in India's auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said. The layoffs come as carmakers including Honda Motor Co, Tata Motors and Mahindra & Mahindra have implemented brief suspensions to production in recent weeks in the face of slow demand, separate sources said.
The Indian government's leading think-tank has proposed electrifying most motorbikes and scooters within the next six to eight years to curb pollution and reduce dependency on fossil fuels, a source with direct knowledge of the matter said. The draft proposal from Niti Aayog, which is chaired by Prime Minister Narendra Modi and plays a critical role in policymaking, also recommends electrifying the country's popular three-wheeled autorickshaws, said the source, who declined to be identified as the proposal is not public and still needs the go ahead from the government. India sold more than 21 million motorbikes and scooters in the year to March 31, making it one of the world's biggest two-wheeler markets.
Down in Christchurch, New Zealand a team of roboticists at Invert Robotics has commercialized an inspection robot that uses tiny suction cups on a series of treads and a specialty chemical to create a technology that has robots literally climbing the walls. Meanwhile, a world away in Pittsburgh, Gecko Robotics is tackling much the same problem with high-powered magnets and an inspection robot of its own. Both companies have recently closed on new financing, with Invert raising $8.8 million from investors including Finistere Ventures and Yamaha Motor Ventures & Laboratory Silicon Valley, and Gecko Robotics wrapping up a $9 million round, which began fundraising last June, according to a filing with the Securities and Exchange Commission.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Yamaha Motor Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.