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Yamaha Reports Q2 2011 Results

A drop in net sales, an appreciating yen and the fallout from the March 11 earthquake and tsunamis in Japan contributed to a 4.6% drop in profit for Yamaha Motor Co. over the second quarter of 2011. Over the quarter ended June 30, 2011, Yamaha saw a 5.9% drop in net sales compared to the same period in 2010.Yamaha reports sales of 344.5 billion yen (US$4.48 billion) over the second quarter, compared to the 366.3 billion yen (US$4.77 billion) reported in the same quarter in 2010.

Yamaha Reports Q2 2012 Results

Yamaha has lowered its 2012 year-end sales forecast by 14.3% after reporting disappointing first half results. The Japanese manufacturer reported a profit of 14.5 billion yen (US$184.3 million), a 49.8% decrease from a profit of 29 billion yen reported in the first half of 2011. According to the company’s financial report for the quarter ended June 30, 2012, Yamaha‘s net sales totaled 632.2 billion yen (US$8.04 billion), a 4.6% decrease from net sales of 663.1 billion yen reported in the same quarter of 2011.

Police Catch Up with Motorcycle Doing 185 mph in YouTube Video

Authorities in British Columbia, Canada, have impounded a 2006 Yamaha R1 believed to have starred in a YouTube video reaching speeds of 299 kph (185 mph) on a freeway. The onboard video, embedded after the jump, captures the Yamaha weaving through traffic, and often lane-splitting between other vehicles, covering a 4.67 mile stretch of the Trans-Canada Highway in about a minute and 56 seconds. That translates to an average speed of 144.6 mph.