Yamaha Motor's 9-month Profit Falls 68.1%, Maintains FY25 Outlook

Yamaha Motor Co.'s 9-month net income fell 68.1% to ¥43.39bn, with operating profit down 44.1% to ¥112.43bn and revenues down 3.4% to ¥1.91trn. The decline was attributed to lower sales in the Marine Products and Outdoor Land Vehicle businesses. Despite this, the company maintains its FY25 outlook, projecting a 58.4% decrease in net profit to ¥45bn and a 0.2% decrease in revenues to ¥2.57trn.