Yamaha Shares Explode 13% on Record H1 Results, Defying Japan’s Market Crisis

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Yamaha Motor shares surged 13.40% on Tuesday to close at 1,511 yen (roughly 9.62 dollars), after record first-half results forced the company to raise its annual guidance. This rally stood out in a Japanese market still rattled by last week’s coordinated currency intervention. Record operating profit in the first half demonstrated the strength of Yamaha Motor’s core business.

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