India, Feb. 12 -- Yamaha Motor Co., Ltd. reported that its net income attributable to owners of parent for the fiscal year 2024 was 108.1 billion yen, a decrease of 50.4 billion yen or 31.8% from the prior year.
Annual operating income was 181.5 billion yen, a decrease of 62.4 billion yen or 25.6% from the previous year.
But revenues for the year were 2.576 trillion yen, an increase of 161.4 billion yen or 6.7% from the previous fiscal year, due to more unit sales and higher prices per unit for models sold in Brazil and India in its core business of motorcycles.
For the fiscal year ending December 31, 2025, the company expects emerging market motorcycle demand in the Land Mobility business to remain robust and for outboard motor demand i...