Yamaha 2015 Annual Report Download - page 42

Industrial Machinery and Robots
Overall net sales of the industrial machinery and robots
business rose ¥9.8 billion, or 25.1%, year on year, to
¥48.7 billion, and operating income rose ¥2.7 billion, or
54.2%, to ¥7.8 billion.
Unit sales of surface mounters grew, led by Asia and
Japan. The business absorption via transfer of assets
from the Hitachi High-Tech Group moved forward,
contributing to sales growth.
Other Products
Overall net sales of the other products business
decreased ¥0.3 billion, or 0.4%, year on year, to ¥85.8
billion, and operating income increased ¥0.4 billion, or
5.6%, to ¥7.4 billion.
Unit sales of electrically power assisted bicycles rose
both in Japan and overseas, as a result of new products
and the cultivation of new customers.
Sales Performance and Operating Income by
Geographical Segment Note 1
Japan
Net sales in Japan increased ¥59.2 billion, or 9.0%, year
on year, to ¥718.3 billion, and operating income increased
¥5.6 billion, or 15.1%, to ¥42.8 billion.
Unit sales grew, on increased sales of motorcycles
in developed markets driven by the MT series, large
outboard motors in North America, and electrically power
assisted bicycles.
North America
Net sales in North America increased ¥78.1 billion, or
24.8%, year on year, to ¥393.4 billion, and operating
income increased ¥15.4 billion, or 129.7%, to ¥27.2
billion.
Unit sales grew, mainly from large outboard motors
and ROVs.
Europe
Net sales in Europe increased ¥8.6 billion, or 4.5%, year
on year, to ¥198.9 billion, and operating income increased
¥5.5 billion, or 114.9%, to ¥10.3 billion.
Unit sales of motorcycles rose on the introduction of
new products including the MT series.
Asia
Net sales in Asia (excluding Japan) increased ¥45.5
billion, or 6.3%, year on year, to ¥765.8 billion, and
operating income increased ¥11.1 billion, or 40.3%,
to ¥38.5 billion.
Unit sales of motorcycles grew in Vietnam, the
Philippines and Taiwan but declined in Indonesia and
China.
Others
Net sales in other areas decreased ¥20.6 billion, or
11.3%, year on year, to ¥162.0 billion, and operating
income decreased ¥5.3 billion, or 52.8%, to ¥4.7 billion.
Unit sales of motorcycles declined in Brazil, Argentina,
and other markets.
Note 1 Net sales by geographical segment information includes intersegment
sales.
Motorcycle unit sales
(Thousand units)
6,982
6,090 5,799
5,218
8,000
6,000
4,000
2,000
02011 2012 2013 2014 2015
6,014
64
101
185
573
6,059
71
94
165
533
5,228
76
109
162
590
5,077
79
123
191
587
4,819
89
110
209
524
4,286 53.4
87.2
120.4
160
120
80
40
0
8
6
4
2
0
2011 2012 2013 2014 2015
55.1
4.2
1.5
3.9
5.7
7.5
18.6
Japan
Europe
Others
North America
Asia
Operating income Net income
Operating income margin (%) Net income margin (%)
Sales by geographical segment
Note 1
—Japan
(Billion ¥)
520 533
659
718
8
00
6
00
4
00
200
02011 2012 2013 2014 2015
596
Sales by geographical segment
Note 1
—Europe
(Billion ¥)
151
135
190
199
200
150
100
50
02011 2012 2013 2014 2015
160
Sales by geographical segment
Note 1
—North America
(Billion ¥)
177
206
315
393
4
00
3
00
200
100
02011 2012 2013 2014 2015
270
Net income and net income margin
(Billion ¥)
27.0
68.5
60.0
80
60
40
20
0
6.0
4.5
3.0
1.5
0
2011 2012 2013 2014 2015
44.1
2.1
0.6
3.1
4.5
3.7
7.5
(%)
Operating income and operating
income margin
(Billion ¥) (%)
Management Discussion and Analysis of Operations
Yamaha Motor Co., Ltd. 󱚈 Annual Report 2015 Yamaha Motor Co., Ltd. 󱚈 Annual Report 2015
80 81