TOKYO (dpa-AFX) - Japanese automobile major Yamaha Motor Co., Ltd.
(YAMHY.PK) on Tuesday reported higher earnings and revenue for the first nine
months of the year. The company also confirmed its earnings and revenue outlook
for fiscal 2023.

Separately, Yamaha also announced a stock split.

Earnings increased 12.2 percent to 149.304 billion Japanese yen or 444.71 yen
per share from 133.073 billion yen of the previous year. The company reported
389.21 basic yen per share last year.

Net revenue rose 9.4 percent to 1835.211 billion yen from 1677.127 billion yen
in the prior year.

Looking forward to full year, the company continues to expect 180 billion yen or
538.19 yen per share and net revenue of 2500 billion yen.

Additionally, the company announced a stock split where each common share held
by shareholders as on record date of December 31 will split into 3 shares.

Since December 31 is a non-business day of the shareholder registry
administrator the substantial record date will be December 29 according to the
company.

Yamaha Motor shares closed at 3864 yen up 0.73% in Tokyo today.



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