YAMAHA PROFITS UP IN FIRST QUARTER
April 27 2006. 
Yamaha Motor Co. has announced that its group net profit rose 22% in the January-March quarter, supported by growth in motorcycle sales in Asia and other overseas markets as well as a weaker yen.
The motorcycle maker posted a group net profit of Y28.09 billion in the quarter ended March 31, up from Y22.98 billion a year earlier.
Its group sales grew 22% to Y398.92 billion from Y328.37 billion.
For the full year through December, it left its earnings outlook unchanged. The company expects a group net profit of Y65 billion and group sales of Y1.450 trillion.
In the three months ended March, motorcycle sales in Asia jumped 53% to Y92.34 billion as sales of small motorcycles rose.
Yamaha Motor reports its earnings based on Japanese accounting standards.

Source: Nikkienet