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Yamaha Reports 2011 Results

Yamaha Motor Corp/ reported a net profit of 27 billion yen (US$345 million) in 2011, compared to a profit of 18.3 billion yen (US$243 million) year before. Overall net sales were down 1.4% to 1.28 billion yen (US$16.3 billion), but operating income rose 4.1% to 53.4 billion yen (US$682 million). The increase in operating income came despite the negative impact of last March’s earthquake in Japan and flooding in Thailand.

Yamaha, Honda Donate to Thailand Flood Relief Efforts

Honda and Yamaha announced relief aid for the people of Thailand affected by severe flooding that has swamped large parts of the country since late July. Yamaha and its Thai subsidiaries are donating a relief package worth about 30 million yen (US$390,000) including 3,000 life jackets. Yamaha is evaluating what items to provide including outboard motors.

Yamaha Announces AMA Road Racing Teams For 2013

Today, Yamaha Motor Corporation, USA, has announced its U.S. road racing teams to compete in the 2013 GEICO Motorcycle AMA Pro Racing season, which kicks off in March at the famed Daytona International Speedway.  Superbike In the AMA Pro National Guard Superbike division, Yamaha is fielding “Team Josh,” as three-time and defending class champion, Josh Hayes once again teams up with Josh Herrin, the 2012 AMA Rookie of the Year. Despite setting single-season records for the most SuperBike wins, the most consecutive SuperBike wins, and the most SuperBike poles, the elder Josh hasn’t lost any of his competitive fire. During the off-season, Josh signed a two-year contract to stay with Monster Energy/Graves/Yamaha because he loves the team and he still feels that he’s got a lot of unfinished business to attend to.