Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Japan Specialist

Actionable bottom-up long/short Insights on equities

Equity Bottom-Up

Yamaha Motor Co., Ltd. manufactures motorcycles.  The Company also produces motor vehicle engines for Toyota Motor Corp. and Ford Motor Co.  Yamaha Motor's specialty products include motor boats, snowmobiles, golf carts, and electric power generators.  Yamaha Motor sells products in Japan, North America, Europe, Asia, and South America.

<ul>
<li>The share price of Yamaha Motors has sunk to a low of 1x book on concerns that the marine business has peaked </li>
<li>Recent results and commentary from Brunswick suggest that the market remains as buoyant as ever </li>
<li>We would be buying the stock ahead of earnings, expecting a similarly bullish outlook from Yamaha </li>
</ul>

Yamaha Motor

Yamaha Motors (7272 JP) | Staying the Course in Choppy Macro Waters