News Release

Yanmar Announces Financial Results for the First Half of FY2022

November 28, 2022
Yanmar Holdings Co., Ltd.

OSAKA, Japan (November 28, 2022), Yanmar Holdings today announced its interim consolidated financial results for the first half of FY2022*.

Financial Results for the first half of FY2022

For the current interim consolidated accounting period, net sales were 483.8 billion JPY, a 15.5% increase from the same period last year. Ordinary income was 37.7 billion JPY, a 53.4% increase from the same period last year.
Supported by growth in overseas sales, especially in construction equipment, generators, and components in North America and Europe, Yanmar achieved record-high sales in the interim financial results.

Full-year Forecast for FY2022

In the second half of the fiscal year, despite supply shortages of some production materials such as semiconductors and concerns about rising raw material prices due to inflation, demand is expected to remain strong, and the June 29, 2022 forecast for net sales and ordinary income has been revised upward to 970 billion yen and 50 billion yen, respectively, for the current fiscal year.

(Unit: Billion JPY)

  Net Sales Operating income Ordinary income Net income attributable
to shareholders
of the parent company
Latest Forecast
(Nov. 2022)
970 38 50 35.5
Existing Forecast
(Jun. 2022)
930 35 40 28
FY21 results 871.5 36.2 49.0 36.8

* Yanmar’s financial year accounting period is April 1st to March 31st.

About Yanmar

With beginnings in Osaka, Japan, in 1912, Yanmar was the first ever to succeed in making a compact diesel engine of a practical size in 1933. A pioneer in diesel engine technology, Yanmar is a global innovator in a wide range of industrial equipment, from small and large engines, agricultural machinery and facilities, construction equipment, energy systems, marine, to machine tools, and components — Yanmar’s global business operations span seven domains. On land, at sea, and in the city, Yanmar provides advanced solutions to the challenges customers face, towards realizing A Sustainable Future.
For more details, please visit the official website of Yanmar Holdings Co., Ltd.

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  • The above forecasts are calculated by the Company based on the information available at the time, and include uncertainties such as changes in business conditions, including demand trends, and exchange rate fluctuations. Therefore, there is a possibility that they may differ significantly from the Company’s actual performance in the future.

Media Contact

Corporate Communications, Yanmar