Yamaha Motor has sharply raised its full-year consolidated earnings forecast for the fiscal year ending December 2026, sending its stock price surging over 19% to close at 1,805 yen. For the second quarter of the fiscal year ending December 2026, revenue rose 17.2% year-on-year to 1.498 trillion yen, operating profit jumped 88.6% to 158.5 billion yen, and net profit attributable to owners of the parent soared 114.7% to 113.9 billion yen. Buoyed by these strong results, the company lifted its full-year revenue forecast from 2.7 trillion yen to 2.9 trillion yen, its operating profit forecast from 180 billion yen to 260 billion yen, and its net profit forecast from 100 billion yen to 170 billion yen. Driving the performance was the Land Mobility business centered on motorcycles, where operating profit for the first half surged 89.8% year-on-year to 112.7 billion yen, while the Marine business also posted an 18.3% increase in operating profit to 46 billion yen. Meanwhile, the struggling Outdoor Land Vehicle business announced structural reforms, with its operating loss for the first half narrowing to 12 billion yen from 13.7 billion yen a year earlier.
Yamaha Motor Co., Ltd.Yamaha Motor raised its full-year earnings forecast and reported strong Q2 results, driving a 19% stock surge.
