Yamaha Motor Co YAMHF reported a drop in its net profit for the fiscal first quarter.
Yamaha Motor's quarterly net profit declined 14% to Y11.52 billion, from Y13.45 billion, in the year-ago period.
Revenue declined 0.8% to Y315.91 billion from Y318.60 billion, while operating profit dropped 40% to Y12.43 billion from Y20.62 billion.
Yamaha Motor shares closed at $11.48 on Friday.
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