- JP-listed companies
- Yamaha Motor Co., Ltd.
Yamaha Motor Co., Ltd.JP:7272
Market cap
¥1.34T
P/E ratio
7.5x
| Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Profit (loss) before income taxes | 25,831 | 57,654 | 97,793 | 122,599 | 99,730 | 152,313 | 136,883 | 120,626 | 84,990 | 199,704 | 245,798 | 241,681 |
| Depreciation | 34,278 | 36,407 | 37,667 | 44,324 | 42,434 | 45,457 | 46,405 | 49,689 | 48,241 | 51,129 | 59,824 | 63,223 |
| Impairment losses | 1,127 | 1,110 | 125 | 315 | 1,431 | 2,074 | 183 | 238 | 1,155 | 788 | 688 | 2,504 |
| Increase (decrease) in allowance for doubtful accounts | -520 | 1,430 | 4,665 | -898 | -258 | 1,545 | -35 | -837 | 5,666 | -480 | 1,681 | 4,183 |
| Increase (decrease) in retirement benefit liability | - | - | -961 | 910 | 4,709 | 4,434 | 1,984 | 8,552 | 3,322 | -6,461 | -10,822 | 3,043 |
| Decrease (increase) in retirement benefit asset | - | - | - | - | - | - | -30 | -6,216 | -4,077 | -5,882 | 3,688 | -5,608 |
| Interest and dividend income | -6,369 | -7,277 | -8,629 | -5,649 | -5,269 | -5,659 | -5,379 | -4,945 | -5,099 | -4,406 | -5,752 | -9,933 |
| Interest expenses | 6,687 | 6,739 | 8,048 | 7,025 | 4,644 | 3,850 | 3,364 | 3,381 | 3,625 | 2,650 | 4,174 | 9,296 |
| Share of loss (profit) of entities accounted for using equity method | -1,598 | -3,526 | -1,896 | -1,672 | -781 | -2,824 | -2,345 | -2,472 | -864 | -4,089 | -5,296 | -4,249 |
| Loss (gain) on sale of property, plant and equipment and intangible assets | -51 | 80 | -122 | 846 | -104 | -448 | -187 | -288 | -2,086 | -97 | -3,702 | -3,973 |
| Loss on disposal of property, plant and equipment and intangible assets | - | - | - | - | - | - | - | 1,246 | 848 | 1,250 | 1,331 | 1,488 |
| Loss (gain) on sale of investment securities | 9 | 142 | - | - | - | - | - | -198 | -1,470 | -13,115 | -4,821 | 281 |
| Decrease (increase) in trade receivables | -7,016 | -14,400 | -9,008 | -8,874 | 1,456 | -11,955 | -7,790 | 2,680 | 17,262 | -8,560 | -12,946 | 16,800 |
| Increase (decrease) in sales finance receivables | - | - | - | -25,086 | -3,667 | -38,306 | -27,214 | -32,173 | -68,324 | 4,967 | -70,825 | -120,634 |
| Decrease (increase) in inventories | -1,135 | -8,171 | -29,123 | -18,179 | 9,525 | -11,196 | -36,597 | -17,352 | 32,749 | -76,249 | -90,081 | -45,759 |
| Increase (decrease) in trade payables | -18,235 | 16,212 | 9,856 | -11,753 | -1,215 | 10,353 | -8,323 | -7,074 | 11,475 | 14,455 | 3,055 | -29,710 |
| Other, net | -12,840 | -2,632 | 3,074 | -7,995 | 14,449 | 2,969 | -3,934 | 15,057 | 3,141 | 11,424 | 3,933 | 32,904 |
| Subtotal | 21,002 | 83,182 | 111,018 | 95,696 | 168,104 | 154,021 | 97,903 | 127,768 | 134,787 | 167,027 | 119,927 | 155,539 |
| Interest and dividends received | 7,995 | 8,639 | 10,606 | 12,844 | 7,486 | 7,103 | 7,515 | 7,398 | 6,707 | 7,079 | 8,940 | 13,011 |
| Interest paid | -6,999 | -7,012 | -8,469 | -5,716 | -4,849 | -3,904 | -3,382 | -3,396 | -3,551 | -2,664 | -4,176 | -9,275 |
| Income taxes paid | - | - | -19,536 | -69,152 | -27,578 | -30,877 | -43,177 | -32,642 | -27,455 | -30,106 | -53,769 | -79,125 |
| Net cash provided by (used in) operating activities | -2,385 | 66,976 | 93,618 | 28,475 | 143,163 | 126,342 | 58,858 | 99,127 | 110,487 | 141,336 | 70,921 | 80,150 |
| Payments into time deposits | -351 | -375 | -271 | -436 | -96 | -1,424 | -135 | -2,344 | -5,739 | -7,482 | -6,274 | -7,580 |
| Proceeds from withdrawal of time deposits | 508 | 428 | 455 | 305 | 114 | 299 | 1,147 | 1,036 | 2,131 | 10,991 | 6,337 | 6,093 |
| Purchase of property, plant and equipment and intangible assets | -47,560 | -53,447 | -61,855 | -67,504 | -50,445 | -64,352 | -53,985 | -58,694 | -51,396 | -66,764 | -89,388 | -109,912 |
| Proceeds from sale of property, plant and equipment and intangible assets | 1,638 | 3,868 | 3,288 | 5,200 | 4,906 | 12,012 | 7,004 | 5,122 | 10,061 | 5,265 | 9,619 | 11,653 |
| Purchase of investment securities | -1,149 | -6,482 | -5,812 | -5,103 | -485 | -559 | -2,909 | -23,417 | -2,855 | -5,383 | -15,304 | -18,283 |
| Proceeds from sale of investment securities | - | - | - | - | 758 | 1,726 | 242 | 568 | 3,969 | 17,074 | 22,460 | 139 |
| Long-term loan advances | -10,302 | -13,174 | -15,868 | -62 | -2,233 | -1,141 | -877 | -609 | -202 | -48 | -104 | -298 |
| Proceeds from collection of long-term loans receivable | 6,741 | 7,608 | 11,137 | 15,321 | 1,752 | 1,161 | 856 | 583 | 170 | 94 | 117 | 126 |
| Other, net | 2,423 | -1,105 | -3,543 | 2,021 | 1,303 | 830 | 382 | -447 | -89 | -785 | -1,622 | 1,089 |
| Net cash provided by (used in) investing activities | -51,081 | -62,679 | -72,470 | -63,989 | -46,541 | -53,194 | -48,274 | -79,662 | -43,950 | -51,026 | -74,160 | -116,972 |
| Increase (decrease) in short-term borrowings | 52,462 | 47,071 | -44,936 | 108,743 | -81,042 | -735 | 41,313 | -12,990 | -58,823 | -27,648 | 101,442 | 112,355 |
| Proceeds from long-term borrowings | 89,505 | 32,447 | 132,434 | 21,774 | 86,791 | 51,398 | 36,394 | 140,322 | 238,171 | 36,446 | 66,573 | 229,176 |
| Repayments of long-term borrowings | -111,633 | -66,401 | -83,760 | -98,870 | -40,326 | -65,312 | -57,983 | -126,330 | -55,383 | -48,926 | -83,012 | -177,700 |
| Proceeds from issuance of bonds | - | - | - | - | - | - | - | 5,324 | - | 7,248 | 15,840 | 34,800 |
| Redemption of bonds | - | - | - | - | - | - | - | - | - | -2,209 | -3,185 | -5,990 |
| Dividends paid | -7,157 | -5,237 | -10,649 | -16,588 | -18,162 | -24,100 | -32,832 | -31,439 | -15,721 | -38,447 | -41,932 | -47,093 |
| Dividends paid to non-controlling interests | - | - | - | -7,787 | -9,948 | -13,745 | -12,974 | -10,985 | -6,311 | -4,462 | -7,068 | -10,637 |
| Purchase of shares of subsidiaries not resulting in change in scope of consolidation | - | - | - | - | - | -85 | - | - | -13,667 | -1 | - | -2,984 |
| Net decrease (increase) in treasury shares | -2 | -5 | -7 | -10 | -5 | -7 | -5 | -5 | -1 | -11,003 | -20,002 | -30,093 |
| Other, net | -379 | -275 | -474 | -480 | -4,956 | -241 | -336 | -2,822 | -4,593 | -4,484 | -5,550 | -6,572 |
| Net cash provided by (used in) financing activities | 15,761 | 3,620 | -8,908 | 6,845 | -67,627 | -52,830 | -26,423 | -36,760 | 83,668 | -93,488 | 23,103 | 95,260 |
| Effect of exchange rate change on cash and cash equivalents | 10,096 | 5,583 | 3,561 | 1,286 | -1,372 | -209 | -1,639 | 1,859 | -5,744 | 10,864 | 2,017 | -8,567 |
| Net increase (decrease) in cash and cash equivalents | -27,608 | 13,500 | 15,802 | -31,868 | 27,621 | 20,107 | -17,478 | -15,436 | 144,461 | 7,685 | 21,882 | 49,871 |
| Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation | 548 | - | 1,458 | 2,196 | 283 | - | - | - | - | 70 | - | 325 |