Yamaha Motor Co Ltd (7272.T)
TOKYO Japan's Honda Motor Co Ltd and Yamaha Motor Co Ltd on Wednesday said they were joining forces to develop scooters for the domestic market, burying the hatchet on a decades-old rivalry and consolidating production in response to a shrinking motorcycle market.
* Companies competed fiercely for domestic market share in 1980s (Adds official announcement, details of partnership)
TOKYO, Oct 5 Japan's Honda Motor Co and Yamaha Motor Co said they would hold a joint news conference at 3:30 p.m. (0630 GMT) on Wednesday concerning their motorcycle businesses.
* Japan's Honda Motor and Yamaha Motor to partner in motorcycle production and development - Nikkei
BRIEF-Yamaha Motor aims to increase its operating profit margin on motorcycle sales in Southeast Asia to 10 pct by end of 2018 - Nikkei
* Yamaha Motor aims to lift global sales as high as 1.3 trillion yen ($13 bln) and bring operating profit to 74 bln yen by the end of 2018 - Nikkei