Yamaha Corp
TSE:7951

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Yamaha Corp
TSE:7951
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Price: 1 121 JPY 0.76% Market Closed
Market Cap: ¥563.9B

Yamaha Corp
Investor Relations

In the expansive tapestry of global business, Yamaha Corporation stands out as a versatile titan seamlessly weaving precision engineering with artistic creativity. Founded in 1887 by Torakusu Yamaha as a piano and reed organ manufacturer, the company harnessed early expertise in sound and craftsmanship to diversify its horizons. This diversification laid the groundwork for a manufacturing powerhouse that has remained committed to quality and innovation. Yamaha's sophisticated musical instruments, which include everything from grand pianos and guitars to cutting-edge digital keyboards, are celebrated worldwide for their resonance and reliability. This reputation is strengthened by a robust global distribution network, encompassing direct sales, a network of retailers, and digital platforms, ensuring their products reach musicians from Tokyo to Toronto.

Beyond the world of music, Yamaha's operations reach into various sectors, forming a unique synergy that fuels its financial prowess. Its expertise in finely-tuned craftsmanship and engineering excellence extends to audio-visual products, motorcycles, and marine products, each segment bolstered by decades of technological advancement and brand loyalty. For instance, its motorcycles are renowned for reliability and performance, capturing significant market share across Asia, Europe, and North America. Meanwhile, Yamaha's audio and visual segments cater to the burgeoning demand for high-quality sound systems and equipment. Through strategic acquisitions and relentless innovation, the company participates in diverse markets, creating a balanced revenue stream that sustains its financial health and facilitates continued investment in research and development. This multifaceted approach not only reflects Yamaha's adaptive strategy but also exemplifies its philosophy of connecting emotion with precision in varied fields.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 4, 2025
AI Summary
Q2 2026

Revenue Decline: First-half revenue fell 5.2% year-on-year to JPY 216.4 billion, mainly due to weak demand in China and Europe and the end of high demand for professional audio equipment.

Profit Down: Core operating profit dropped to JPY 12.8 billion, impacted by U.S. tariffs and a weaker product mix.

Full Year Guidance: Revenue forecast for FY ending March 2026 is JPY 458.0 billion, a decrease from last year but raised JPY 6.0 billion from the previous outlook.

Profit Forecast Raised: Core operating profit guidance for the year is JPY 33.0 billion, down year-on-year but up JPY 1.0 billion from the earlier forecast; net profit guidance raised as well.

China Weakness: Management highlighted continuing weakness in China across both musical instruments and audio equipment.

Shareholder Returns: Announced share buyback and maintained annual dividend of JPY 26 per share.

Key Financials
Revenue
JPY 216.4 billion
Core Operating Profit
JPY 12.8 billion
Core Operating Profit Ratio
5.9%
Net Profit
JPY 9.8 billion
Musical Instruments Revenue
JPY 140.4 billion
Musical Instruments Core Operating Profit
JPY 7.7 billion
Audio Equipment Revenue
JPY 67.7 billion
Audio Equipment Core Operating Profit
JPY 5.4 billion
Cash and Cash Equivalents
JPY 94.0 billion (projected at end of March 2026)
Inventory
JPY 147.0 billion (projected at end of March 2026)
ROE
5.1%
ROIC
5.0%
Dividend Per Share
JPY 26 per share (annual)
Other Earnings Calls

Management

Mr. Takuya Nakata
Chairman
No Bio Available
Mr. Atsushi Yamaura
President & Representative Executive Officer
No Bio Available
Mr. Satoshi Yamahata
Managing Executive Officer & Executive GM of Corporate Administration Unit
No Bio Available
Mr. Seiichi Yamaguchi
Managing Executive Officer, Executive GM of Musical Instruments & Audio Products Sales Unit
No Bio Available
Mr. Masato Oshiki
Executive Officer and GM of Musical Instruments & Audio Sales Headquarters
No Bio Available
Mr. Hideki Fujiwara
Managing Director of Research Wing for Yamaha Motor India
No Bio Available
Mr. Thomas Sumner
Operating Officer & President of Yamaha Corporation of America
No Bio Available
Jun Nishimura
OPerating Officer & Deputy Executive GM of Corporate Administration
No Bio Available

Contacts

Address
SHIZUOKA-KEN
Hamamatsu-shi
10-1, Nakazawa-cho, Naka-ku
Contacts
+81534601111.0
jp.yamaha.com
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