Is Yamaha about to divest its industrial engine asset?

Is Yamaha about to divest its industrial engine asset? Of course, the news dates back to March last year. Why bring it up again now? Because the rumors are coming back and the single-cylinder gasoline engine segment is experiencing the onslaught of electric motors. Indeed, the power band is particularly exposed to the sirens of electrification.

Yamaha Motor is going to leave the industrial scenario

A good reason to raise the news concerns Yamaha’s own acquisition of Torqeedo, related to the electrification of the marine business. Deutz has in fact officially sold it to the Japanese company. We bring you Yamaha’s original statement. “Yamaha Motor Co., Ltd. (Tokyo: 7272) and its wholly owned subsidiary Yamaha Motor Powered Products Co., Ltd. (YMPC) based in Kakegawa, Shizuoka Prefecture announced today that they have begun talks with Meiko Seiki Co., Ltd. and its wholly owned subsidiary Earth Power Products Co., Ltd. (EPP)—both headquartered in Tsushima, Aichi Prefecture — concerning the partial transfer of YMPC’s power products business (multi-purpose engines, generators, and snow blowers) to EPP. Going forward, the companies will proceed with discussions toward signing a business transfer agreement. The execution of this transfer is premised on the acquisition of clearances, permits, etc., as required by antitrust laws and other laws and regulations. Besides the multi-purpose engine, generator, and snow blower businesses under consideration for this transfer, YMPC’s power products business also includes the development and manufacture of engines for racing karts. Outside of its power products business, YMPC is also developing a low-speed light vehicle business, and will continue to develop, manufacture, and sell golf cars, land cars for use in areas other than golf courses, and Green Slow Mobility units aimed at use by tourists for excursions and sightseeing and as a means of transportation for the elderly.”