Notice Regarding Structural Reforms Of Olv Business
BRIEF-Yamaha Motor Co., Ltd.- Notice Regarding Structural Reforms Of Olv Business Aug 4 (Reuters) - Yamaha Motor Co., Ltd. 7272.T:
YAMAHA MOTOR CO., LTD.: NOTICE REGARDING STRUCTURAL REFORMS OF OLV BUSINESS
YAMAHA MOTOR CO - EXPECTS TO RECORD APPROXIMATELY ¥12.0 BILLION IN ONE-TIME EXPENSES IN ITS FISCAL 2026 BUSINESS RESULTS IN CONNECTION WITH THESE STRUCTURAL REFORMS
YAMAHA MOTOR CO., LTD.: ECIDED TO IMPLEMENT STRUCTURAL REFORMS IN ITS OUTDOOR LAND VEHICLE (OLV) BUSINESS
YAMAHA MOTOR CO., LTD.: WILL DISCONTINUE IN-HOUSE PRODUCTION OF ROVS AT YAMAHA MOTOR MANUFACTURING CORPORATION OF AMERICA IN GEORGIA, AND TRANSITION TO A COLLABORATIVE BUSINESS MODEL PREMISED ON OEM SUPPLY THROUGH PARTNER COMPANIES
YAMAHA MOTOR CO - WILL REVIEW GLOBAL WORKFORCE ALLOCATIONS, INCLUDING CUT OF ABOUT 300 POSITIONS
YAMAHA MOTOR CO., LTD.: WILL REDUCE MATERIAL COSTS AND IMPROVE PROCUREMENT EFFICIENCY BY REVIEWING ITS SUPPLIER PORTFOLIO, INCREASING PARTS COMMONALITY, AND EXPLORING JOINT PROCUREMENT INITIATIVES
YAMAHA MOTOR CO., LTD.: AIM TO ACHIEVE A SIGNIFICANT IMPROVEMENT IN EARNINGS IN FISCAL 2027 AND RETURN THE OLV BUSINESS TO PROFITABILITY IN FISCAL 2028
Source text: ID:nTStd7c00c
Further company coverage: 7272.T
(Reporting by Tokyo Newsroom)
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