https://global.yamaha-motor.com/news/2026/0226/subsidiary.ht...
Cost cutting measure in an unfavorable market environment, including lack of growth, they expect to persist:
> Yamaha Motor Co., Ltd. is undertaking structural reforms aimed at improving the profitability of its U.S. operations in response to cost increases resulting from U.S. tariffs and changes in the market environment. In addition to implementing cross-business cost reduction initiatives, the Company seeks over the medium to long term to build a profit structure that is not solely dependent on top-line growth, thereby transforming itself into a more resilient and robust organization capable of adapting to change.