Revision of Forecast Year-End Dividend and Forecast Consolidated Business Results for the Fiscal Year Ending December 31, 2020
November 9，2020
IWATA, November 9，2020 —Yamaha Motor Co., Ltd. (Tokyo: 7272) announces that at the Board of Directors meeting held today, the Company has made the decision to revise the forecast consolidated business results for the full fiscal year ending December 31, 2020 as well as to revise the forecast year-end dividend.
1. Revised Forecast Consolidated Business Results for the Full Fiscal Year
(January 1, 2020 through December 31, 2020)
| Net Sales | Operating Income | Ordinary Income | Net Income Attributable to Owners of Parent |
Net Income per Share for the Quarter |
|
|---|---|---|---|---|---|
| Previous Forecast (A) (announced August 6, 2020) |
Billion Yen |
Billion Yen |
Billion Yen |
Billion Yen |
Yen fractions |
| Current Revised Forecast (B) | 1,480.00 |
70.00 |
71.00 |
44.00 |
125.93 |
| Amount of Change (B-A) | 110.00 |
50.00 |
47.00 |
44.00 |
- |
| Percentage of Change (%) | 8.0 |
250.0 |
195.8 |
- |
- |
| (Reference) Consolidated Results for the Previous Fiscal Year (ended December 31, 2019) |
1,664.764 |
115.364 |
119.479 |
75.736 |
216.83 |
(2) Reasons for the Revision
Compared to the previous forecast, demand in each market is recovering more than expected. In light of this, the forecast for consolidated business results for the full fiscal year has been revised.
2． Revised Dividend Forecast
(1) Revised Content
| Dividend Payment at End of Second Quarter |
End of Fiscal Year | Total | |
|---|---|---|---|
| Previous Revised Forecast (Announced August 6, 2020) |
Yen fractions |
Yen fractions |
Yen fractions |
| Current Revised Forecast | - |
45.00 |
45.00 |
Results for Current Fiscal Year | 0.00 |
- |
- |
(Reference) Results for the Previous Fiscal Year (ended December 31, 2019) |
45.00 |
45.00 |
90.00 |
(2) Reasons for the Revision
We have revised the year-end dividend forecast based on the above revised forecast consolidated business results for the full fiscal year ending December 31, 2020 announced today.
