Integrated Report 2021(For the year ended December 31, 2020)
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Financial and Non-Financial Highlights10IntroductionYamaha Motor Co., Ltd. Integrated Report 2021Net Income per Share (Basic)(¥)20162017201820192020036912151.89090180270360Net income per share (basic) declined from the previous fiscal year due to the fall in net income attributable to owners of parent.Return on Equity (ROE)(%)201620172018201920200510152003691215,3287.5The decline in net income attributable to owners of parent led to a 3.6 percentage point decrease in ROE compared with the previous fiscal year-end.Total Assets / Return on Assets (ROA)(¥ billion)(%) Total assets  ROA201620172018201920203.304008001,6001,2002,000036915121,640.9Total assets rose ¥108.1 billion from the previous fiscal year-end, to ¥1,640.9 billion. Factors behind this increase included the securing of liquidity on hand as a counter-measure for the impacts of COVID-19, as well as a rise in long-term sales finance receivables as a result of the Company’s shift to greater autonomy in loan receivables for “Prime” customers in the United States.Net Income Attributable to Owners of Parent / Ratio of Net Income Attributable to Owners of Parent to Net Sales(¥ billion)(%) Net income attributable to owners of parent  Ratio of net income attributable to owners of parent to net sales2016201720182019202053.13.6024680306090120Net income attributable to owners of parent declined ¥22.7 billion year on year, to ¥53.1 billion, and the ratio of net income attributable to owners of parent to net sales decreased a 0.9 percentage point year on year, to 3.6%.Operating Income / Operating Income Margin(¥ billion)(%) Operating income  Operating income margin2016201720182019202081.75.60612182404080120160Operating income recorded a substantial decline in the first half of fiscal 2020 due to factors such as foreign exchange fluctuations and a decrease in utilization rates attributable to the suspension of factory operations in several countries that were implemented in the first half of the fiscal year, in addition to the aforementioned decrease in net sales. Although the second half of fiscal 2020 saw net sales generally trend toward recovery primarily in developed markets, operating income was down ¥33.7 billion year on year, to ¥81.7 billion.Net Sales(¥ billion) Japan  Overseas201620172018201905001,0001,5002,00020201,471.31,318.4152.9Although sales increased in the Robotics and Financial Services segments, unit sales fell in the motorcycle business of the Land Mobility segment as well as in the Marine Products segment due to the COVID-19 pandemic, leading to a year-on-year decline in net sales of ¥193.5 billion, to ¥1,471.3 billion.

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