Yamaha Motor Co., Ltd.
Notice on Structural Reform of the OLV Business
Implemented structural reform of the OLV business. Ended ROV in-house production and shifted to an OEM-based collaboration model. Through workforce reductions of about 300 people, optimization of production and procurement, an upfront cost of about 12.0 billion yen is recognized in 2026. Aiming for substantial earnings improvement from 2027 and profitable operation in 2028.
Key Figures
- One-time costs about 12.0 billion yen (2026)
- Headcount reduction of about 200 regular employees, total about 300 people (global)
- End of ROV in-house production → shift to OEM collaboration model (U.S. Georgia, YMMC)
AI要約
Overview of the structural reform
To improve profitability of the OLV business, in-house ROV production is terminated and shifted to an OEM supply model, reinforcing a multi-product strategy in the North American market through ATVs and golf carts, while optimizing personnel, production, and procurement to mitigate short-term cost increases and enhance long-term profitability.
Outlook and financial impact
A one-time cost of about 12.0 billion yen is expected to be recorded in 2026. A substantial earnings improvement is targeted from 2027 and profitable operation in 2028, aiming to enhance presence in the U.S. market and corporate value. In the medium to long term, efforts will focus on building a stable earnings base.
Yamaha Motor Co., Ltd.
Company overview · Stock price · Financial data · All IR
