IWATA, Japan--(BUSINESS WIRE)--Aug 5, 2025--
Yamaha Motor Co., Ltd. (Tokyo: 7272) announces its consolidated business results for the first half of fiscal 2025.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250805154633/en/
Revenues for the period were 1,277.8 billion yen (a decrease of 70.6 billion yen or 5.2% compared with the same period of the previous fiscal year), operating income was 84.1 billion yen (a decrease of 70.0 billion yen or 45.4%), and net income attributable to owners of parent was 53.1 billion (a decrease of 59.8 billion yen or 52.9%).
For the first half-year consolidated accounting period, the U.S. dollar traded at 148 yen (an increase of 4 yen from the same period of the previous fiscal year) and the euro at 162 yen (an increase of 3 yen).
Declining unit sales in motorcycles, personal watercraft, and golf cars led to lower revenues. For operating income, the decrease in unit sales and higher R&D expenses in the core motorcycle and Marine Product businesses, as well as an increase in labor costs and other SG&A expenses brought revenue down.
Forecast of Consolidated Business Results
Regarding the consolidated business results for the first half of the fiscal year ending December 31, 2025, the Company's motorcycle business experienced a temporary suspension of production and shipments in Vietnam in the first quarter and India recorded lower unit sales in the first half of the year. Also, in the Marine Products business, demand in the major market of the U.S. was lower than predicted. As a result, both revenue and operating income fell below expectations.
As for the Company's forecast of consolidated business results for the full fiscal year, further declines in revenues and profits are projected not only due to the lower sales factors outlined above but also due to the impact on demand from higher automobile taxes in Indonesia and increased costs brought on by additional tariffs by the U.S. Taking all these factors into account as well as the risk of a partial reversal of deferred tax assets, the Company has made the following downward revisions to its revenue and incomes forecast for fiscal 2025:
Details: https://global.yamaha-motor.com/news/2025/0805/result.html
Yamaha Motor Co., Ltd.
BANGKOK (AP) — Elon Musk’s AI chatbot Grok won’t be able to edit photos to portray real people in revealing clothing in places where that is illegal, according to a statement posted on X.
The announcement late Wednesday followed a global backlash over sexualized images of women and children, including bans and warnings by some governments.
The pushback included an investigation announced Wednesday by the state of California into the proliferation of nonconsensual sexually explicit material produced using Grok.
Initially, media queries about the problem drew only the response, “legacy media lies.”
Musk’s company, xAI, now says it will geoblock content if it violates laws in a particular place.
“We have implemented technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing such as bikinis, underwear and other revealing attire,” it said.
The rule applies to all users, including paid subscribers, who have access to more features.
xAI also has limited image creation or editing to paid subscribers only “to ensure that individuals who attempt to abuse the Grok account to violate the law or our policies can be held accountable.”
Grok’s “spicy mode” had allowed users to create explicit content, leading to a backlash from governments worldwide.
Malaysia and Indonesia took legal action and blocked access to Grok. The U.K. and European Union were investigating potential violations of online safety laws. France and India have also issued warnings, demanding stricter controls. Brazil called for an investigation into Grok’s misuse.
The Grok editing functions were “facilitating the large-scale production of deepfake nonconsensual intimate images that are being used to harass women and girls across the internet, including via the social media platform X,” California's announcement said.
“The avalanche of reports detailing the non-consensual, sexually explicit material that xAI has produced and posted online in recent weeks is shocking. This material, which depicts women and children in nude and sexually explicit situations, has been used to harass people across the internet," it cited the state's Attorney General Rob Bonta as saying.
"We have zero tolerance for the AI-based creation and dissemination of nonconsensual intimate images or of child sexual abuse material,” he said.
FILE - Elon Musk listens as President Donald Trump speaks during a news conference in the Oval Office of the White House, May 30, 2025, in Washington. (AP Photo/Evan Vucci, File)
FILE - Workers install lighting on an "X" sign atop the company headquarters, formerly known as Twitter, in downtown San Francisco, July 28, 2023. (AP Photo/Noah Berger, File)
