Yamaha Corrects Production, Export Figures
Yamaha Motor Co., the world’s second-largest supplier of motorcycles, said it provided the Japan Automobile Manufacturers Association (JAMA) with wrong production, sales and export figures for the 11 months through February.
The manufacturer said its computer system mistakenly counted some parts output as sets of parts for complete knocked-down, or CKD, production. CKD output is counted as unit shipments and production.
Yamaha made 495,688 motorcycles in the 11 months from April 2004 to February this year, about a third less than the 746,892 units it originally reported to JAMA. The new production number represents a 2% rise in production from the prior year’s 11-month period.
The company also said it actually exported 436,970 motorcycles, 30% fewer than the 624,466 units originally reported. The new export number represents a 15% rise in shipments from the prior year’s 11-month period.
