Yamaha Corporation

Yamaha Corporation

YAMCY
Yamaha CorporationUS flagOther OTC
7.57
USD
-0.14
- -
3.33BMarket Cap
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
954.44
1,033.85
486.11
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
29.37
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
65.37
71.87
31.45
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
12.48
Book Value per Share
338.92
370.08
416.79
496.32
522.61
591.2
647.57
694.82
820.72
887.65
961.78
964.57
892.92
945.05
Tangible Book Value per Share
467.45
573.47
514.69
647.54
657.61
656.26
608.43
747.54
794.95
875.59
996.44
918.54
1,054.64
955.96
Basic Weighted Avg Shares
581
581
580
563
559
545
533
527
520
515
506
484
450
500
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
243,238
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
5.58
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
10,659
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
14,697
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
6.95
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
6.04
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
270,227
LT Debt
133
92
71
40
20,086
18,258
15,864
14,852
11,647
10,446
10,977
9,238
10,464
9,661
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
485,102
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
2.45
Return on Capital (%)
11.71
11.4
13.63
- -
17.51
11.94
9.62
7.09
9.07
8.27
6.1
3.01
5.31
3.6
Return on Common Equity (%)
12.52
12.11
14.3
17.94
19.04
13.13
10.37
7.48
9.39
8.64
6.28
2.8
5.46
3.13

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
6,956
- -
7,512
LT Borrowings
- -
- -
- -
LT Finance Leases
10,977
- -
9,661
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
498
- -
491
Market Capitalization
552,239
630,793
640,841

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
369,346
- -
372,102
Cash, Cash Equivalents & STI
106,448
- -
122,095
Accounts Receivable, Net
88,015
- -
77,413
Inventories
164,149
- -
163,700
Total Current Liabilities
105,688
- -
101,875
Payables & Accruals
- -
- -
- -
ST Debt
6,956
- -
7,512
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
106,196
113,432
122,160
121,078
462,866
2025
- -
- -
- -
- -
462,080
2026
- -
- -
- -
- -
465,330

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.21
16.7
11.4
- -
58.56
2025
- -
- -
- -
- -
27.58
2026
- -
- -
- -
- -
52.7

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.05
- -
12.33
- -
23.45
2025
- -
- -
- -
- -
24.34
2026
- -
- -
- -
- -
27.11

Company Description

APIChatGPT
CEO
Takuya Nakata
Full Time Employees
17,886
Sector
Consumer Cyclical
Industry
Leisure
Address
10-1, Nakazawa-cho Hamamatsu SZ Japan 430-8650
IPO Date
Aug 6, 2003
Website
yamaha.com
Business
Yamaha Corporation (YAMCY), founded in 1887 and headquartered in Hamamatsu, Japan, manufactures and markets a broad range of musical instruments, audio equipment, and related products worldwide. The company operates in three primary segments: musical instruments, which include acoustic and digital pianos, portable keyboards, wind instruments, guitars, drums, and string instruments; audio equipment encompassing professional audio systems, music production software and tools, audiovisual systems, automotive sound systems, networking equipment, and unified communications devices; and industrial machinery/components and others such as semiconductors, factory automation equipment, golf products, and automobile interior wood components. Yamaha conducts global operations across Japan, North America, Europe, Asia, and other regions, serving professional musicians, educators, consumers, and business customers through subsidiaries and music schools that have graduated over 5.5 million students. In 2025, Yamaha reorganized its business units effective April 1 by dissolving the Musical Instruments & Audio Products Business Unit and IMC Business Unit to form dedicated Musical Instruments Business Unit and Audio Products Business Unit, alongside establishing new divisions for sales, production, procurement, technology, and new business development directly under the president; additionally, Yamaha Music Innovations, its U.S. subsidiary, launched a US$50 million corporate venture capital fund in Silicon Valley targeting early-stage startups in creative tools, interactive media, community platforms, and accessibility technologies, while partnering with DataFalcon, Chartmetric, SimScale, and Rightsify since late 2024 to enhance productivity in R&D, intellectual property analysis, music trend research, simulation testing, and AI music data licensing as part of its "Rebuild & Evolve" medium-term management plan.

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