guidoebert.com

Yamaha Motor Co., Ltd. plans to release its financial results for fiscal 2009, forecast financial results for fiscal 2010, and unveil its new three-year medium-term management plan on Feb. 12.

Yamaha intends for the new plan to address structural reform designed to regain profitability and realize further growth. The OEM expects to post ¥1.153 trillion in net revenue and a ¥62.6 billion operating loss for its year ended Dec. 31. It ended 2008 with revenue of ¥1.604 trillion.

Yamaha reorganized its operations and management team late last year. Updates to operations were made in an effort to improve the speedand quality of management decision-making. The reorg of the management team occurred when Yamaha President/CEO Tsuneji Togami was admitted to hospital for an extended stay due to an undisclosed illness.