Record first-half results and raised full-year guidance drive shares up 40%.
Yamaha Motor revised up its full-year outlook in its interim results announced in August 2026, sending its shares soaring, with three consecutive gains bringing a 40% rise, and it is currently trading at 1,963 yen. First-half revenue was 1.498 trillion yen (up 17.2% year on year), and operating profit was 157.5 billion yen (up 88.6%), both record highs. The full-year forecast was raised to revenue of 2.9 trillion yen (up 14.4% from the previous year) and operating profit of 260 billion yen (up 105.7%). Meanwhile, the dividend was kept at the initial forecast of 50 yen per share (up 15 yen from the previous year), and shareholder perks were changed, with a requirement of holding shares for over one year starting in 2026. Going forward, the focus is on additional shareholder return measures and expectations for the semiconductor-related robotics business (planned profit of 12.5 billion yen, 7.4 times this year's profit).
Record first-half results and raised full-year guidance drive shares up 40%.