Skip to Main Contents

Notifications regarding the Revision of Forecast Final Dividends for the Fiscal Year Ending December 31, 2017

November 2, 2017

Yamaha Motor Co., Ltd. hereby announces that at the Board of Directors meeting on November 2, 2017, that the Company has determined to revise as follows the forecast final dividends based on the revised forecast consolidated business results for the fiscal year ending December 31, 2017 as announced today.

1.Details of Revised Final Dividend Forecast

Cash Dividends per Share
Dividend Payment at End of Second Quarter End of Fiscal Year Total
Previous Forecast 39.00 yen 78.00 yen
New Revised Forecast 43.00 yen 82.00 yen
Results for Current Fiscal Year 39.00 yen
Results for Previous Fiscal Year
(Year ended December 31, 2016)
30.00 yen 30.00 yen 60.00 yen


Recognizing that shareholders' interests represent one of the Company's highest management priorities, the Company is aiming towards a payout ratio of 30% of net income attributable to parent company shareholders, and focusing on continuing to maintain and increase a stable financial platform while and increasing new growth investment and stock dividends. The Company has determined that, based on the revised business results forecast, the forecast final dividend for this fiscal year will be changed to 43 yen per share, which together with the interim dividend of 39 yen represents a forecast annual dividend of 82 per share, and an (an increase of 4 yen from the previous forecast, and an increase of 22 yen compared with the previous fiscal year).

(Reference) Forecast Consolidated Business Results for the Fiscal Year ending December 31, 2017

Net Sales Operating Income Ordinary Income Net Income Attributable to Parent Company Shareholders
Previous Forecast
(announced August 8, 2017)
1,630,000 million yen 135,000 million yen 135,000 million yen 90,000 million yen
Forecast Announced Today 1,630,000 million yen 140,000 million yen 144,000 million yen 95,000 million yen
Back to