Yamaha Motor Co., Ltd
TYO:7272 ISIN:JP3942800008
Yamaha Motor Co., Ltd. was founded in 1955 by separating from Yamaha Corporation, a leading musical instruments manufacturer. The company's principal activity is the manufacture of motorcycles (of which it is the world's second largest manufacturer), marine engines, boats, all-terrain vehicles, snowmobiles, golf cars, car engines, industrial robots, gas engine heat-pump air conditioners, unmanned helicopters and electrohybrid bicycles. Operations are carried out through the following divisions: motorcycles accounted for 51% of fiscal 2000 revenues; maine engines/boats, 19% and other, 30%.
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Asian equity markets Friday experienced heavy losses after Wall Street's tumble and concerns over European sovereign debt. Japan's Nikkei index fell 2.9%. Hong Kong's Hang Seng Index lost 3.3%, its first finish below 20000 since September. South Korea's Kospi lost 3% to 1567.12, Taiwan's Taiex sank 4.3% and China's Shanghai Composite gave up 1.9%.
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