Yamaha Corporation

Yamaha Corporation

6.87
EUR
-0.06
(-0.81%)
2.75BMarket Cap
Nov 05Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
706.34
744.01
751.3
725.77
774.48
797.32
776.53
706.53
784.48
877.36
914.43
954.55
1,033.85
- -
Basic EPS, GAAP
39.42
42.92
56.3
83.06
97.27
74.04
64.9
50.46
71.62
74.21
58.56
27.58
52.7
- -
Free Cash Flow per Basic Share
37.79
33.05
53.43
45.97
43.89
28.14
68.78
86.56
41.29
-69.13
41.32
65.38
71.87
- -
Dividend per Share
4.17
11
13.53
17.37
18.11
19.36
21.13
22
22.1
22.01
23.45
24.34
27.11
- -
Book Value per Share
467.71
595.81
533.85
649.33
671.78
664.19
616.94
750.78
807.79
893.44
1,025.24
990.62
1,087.41
- -
Tangible Book Value per Share
462.01
568.89
524.01
643.65
670.52
661.44
613.35
745.68
801.53
878.88
1,010.32
978.67
1,075.94
- -
Basic Weighted Avg Shares
581
581
580
563
559
545
533
527
520
515
506
484
450
447
Sales/Revenue/Turnover
410,304
432,177
435,477
408,248
432,967
434,373
414,227
372,630
408,197
451,410
462,866
462,080
465,330
- -
Operating Margin (%)
6.34
6.97
9.34
10.85
11.28
12.16
10.46
9.4
12.09
10.3
6.27
4.48
6.29
- -
Depreciation Expense
12,854
15,510
22,234
13,452
10,838
16,553
17,322
17,056
17,314
19,270
21,023
20,534
21,495
- -
Net Income, GAAP
22,898
24,929
32,633
46,719
54,378
40,337
34,621
26,615
37,268
38,183
29,642
13,351
23,720
- -
Effective Tax Rate (%)
10.42
11.99
21.37
- -
26.92
28.48
26.51
28.01
29.54
24.48
20.87
40.04
32.51
- -
Profit Margin (%)
5.58
5.77
7.49
11.44
12.56
9.29
8.36
7.14
9.13
8.46
6.4
2.89
5.1
- -
Working Capital
141,342
166,656
179,676
190,155
168,892
182,376
171,040
200,251
236,562
251,582
263,658
245,275
266,937
- -
LT Debt
133
92
71
40
20,086
18,258
15,864
14,852
11,647
10,446
10,977
9,238
10,464
- -
Total Equity
274,843
348,752
303,889
367,437
368,322
359,006
326,449
396,948
416,867
457,943
511,810
450,112
479,730
- -
Return on Invested Capital (%)
8.82
8.17
9.44
- -
8.89
9.26
8.41
6.37
7.77
7.44
4.52
2.44
4.04
- -
Return on Capital (%)
8.74
7.75
9.76
- -
13.93
10.29
9.42
7.01
8.88
8.37
5.96
2.99
4.99
- -
Return on Common Equity (%)
9.19
8.07
10.08
14.02
14.87
11.14
10.13
7.38
9.18
8.75
6.13
2.78
5.12
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
11,916
6,189
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
9,604
10,464
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
453
440
440
Market Capitalization
437,807
505,117
509,322

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
356,323
364,945
- -
Cash, Cash Equivalents & STI
111,809
113,159
- -
Accounts Receivable, Net
80,343
87,727
- -
Inventories
156,009
152,271
- -
Total Current Liabilities
101,343
98,008
- -
Payables & Accruals
- -
- -
- -
ST Debt
11,916
6,189
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.23%
4.23%
6.58%
Free Cash Flow
-31.91%
-84.75%
2.21%
Net Income, GAAP
3.93%
8.56%
77.66%
Sales/Revenue/Turnover
0.86%
4.64%
0.7%
Total Cash Common Dividend
4.74%
1.04%
3.53%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
462,080
2026
- -
- -
- -
- -
465,330
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
27.58
2026
- -
- -
- -
- -
52.7
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
24.34
2026
- -
- -
- -
- -
27.11
2027
- -
- -
- -
- -
- -

Company Description

CEO
Takuya Nakata
Full Time Employees
17,886
Sector
Consumer durables
Industry
Recreational products
Address
10-1, Nakazawa-cho Hamamatsu SZ Japan 430-8650
IPO Date
May 16, 1949
Website
yamaha.com
Business
Yamaha Corporation (7951.T) manufactures and sells musical instruments, audio equipment, and industrial machinery components worldwide. The company produces pianos including acoustic and silent models; digital keyboards and synthesizers; wind, string, percussion, brass, and marching instruments; guitars, basses, and amplifiers; drums; music production software; and operates Yamaha Music Schools. It offers home audio systems, AV receivers, hi-fi components, professional audio equipment including PA systems and mixing consoles, unified communications solutions, network devices, and semiconductors; additional products encompass automotive interior wood components, factory automation equipment, golf products, and resort facilities. Subsidiaries include Bösendorfer for premium pianos, Steinberg Media Technologies for audio software, Line 6 and Ampeg for guitars and amps, and Yamaha Unified Communications. Founded in 1887 as Nippon Gakki Co., Ltd. by Torakusu Yamaha and renamed Yamaha Corporation in 1987, the company is headquartered in Hamamatsu, Shizuoka Prefecture, Japan, with factories in Shizuoka and sales offices globally including North America, Europe, Asia, and Oceania. In recent developments, Yamaha Music Innovations, LLC, established in Silicon Valley in 2025 for business development and corporate venture capital, formed partnerships starting October 2024 with DataFalcon for AI-driven patent and legal research in intellectual property and quality assurance; Chartmetric for music trend analysis in digital instruments; SimScale from February 2025 for simulation in R&D; and Rightsify from May 2025 for licensed music data to accelerate music technology development, aligning with the Rebuild & Evolve medium-term plan for productivity and innovation. Yamaha announced a partnership in June 2025 with the Peabody Institute at Johns Hopkins University, marking its largest-ever institutional sale of SX series premium pianos. The company opened experiential brand shops including Yamaha Music Yokohama Minato Mirai and Yamaha Sound Crossing Shibuya in 2024, alongside a new headquarters office building.

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