• Yamaha Motor average operating margin for 2023 was 9.57%, a 11.67% increase from 2022.
• Yamaha Motor average operating margin for 2022 was 8.57%, a 4.99% increase from 2021.
• Yamaha Motor average operating margin for 2021 was 9.02%, a 4.4% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.