HAMAMATSU, Japan -- After missing its previous growth targets, musical instrument maker Yamaha aims to plug into India and other promising Asian markets under a new three-year plan.
"Make Waves 2.0" targets annual revenue of 500 billion yen in the year ending March 2025, up 22% from the most recent result, Yamaha said Thursday. It aims to lift the core operating profit margin to 14% from 10.5%.