Consumer Durables
Yamaha Corp.
In the news
- No lab monkey? Japan Inc waits eagerly for China goods to return Feb 8, 2020
- China's piano market hits the right note for Yamaha Nov 14, 2019
- South Korea region seeks to tag Japanese firms as 'war criminals' Mar 20, 2019
- Japan's revised governance code takes on cross-shareholdings Jun 2, 2018
- Yamaha to build up $220m cash flow for shareholder returns May 22, 2018 See more articles on Yamaha Corp.
Business Summary
Yamaha Corp. engages in the manufacture and sale of musical instruments, audio equipment and electronic components. It operates through the following segments: Musical Instruments, Audio Equipment, and Others. The Musical Instruments segment provides piano, strings, percussion, wind, and electronic musical instruments. The Audio Equipment segment offers audio products, professional audio equipment, and telecommunications equipment. The Others segment includes deals with electronic parts, automobile interior parts, factory automation equipment, golf equipment, and resort businesses. The company was founded by Torakusu Yamaha in November 1887 and is headquartered in Hamamatsu, Japan.
Financial Highlights
| Mar 2020 | JPY | USD |
| Revenue | 414,227M | 3,809.83M |
| Gross Profit | 168,260M | 1,547.56M |
| Operating income | 46,353M | 426.32M |
| Income before tax | 47,225M | 434.34M |
| Net income | 34,622M | 318.43M |
| EBITDA | 63,675M | 585.64M |
| Diluted EPS | 194.70 | 1.79 |
| Dividends Per Share | 66 | 0.60 |
| Total Assets | 474,034M | 4,391.03M |
| Total liabilities | 147,581M | 1,367.06M |
| Total equity | 325,410M | 3,014.31M |
| Operating cash flow | 57,162M | 525.74M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 435,477M | 408,248M | 432,967M | 437,416M | 414,227M |
| Gross Profit | 170,631M | 163,498M | 172,398M | 179,643M | 168,260M |
| Operating income | 40,663M | 44,304M | 48,834M | 56,031M | 46,353M |
| Income before tax | 41,578M | 42,898M | 74,471M | 60,485M | 47,225M |
| Net income | 32,633M | 46,720M | 54,378M | 43,754M | 34,622M |
| EBITDA | 56,138M | 56,257M | 59,672M | 66,890M | 63,675M |
| Diluted EPS | 168.90 | 249.17 | 291.81 | 240.93 | 194.70 |
| Dividends Per Share | 44 | 52 | 56 | 60 | 66 |
| Total Assets | 469,745M | 522,362M | 552,309M | 514,762M | 474,034M |
| Total liabilities | 165,856M | 154,920M | 163,959M | 131,987M | 147,581M |
| Total equity | 301,545M | 365,123M | 386,519M | 381,695M | 325,410M |
| Operating cash flow | 42,399M | 39,142M | 47,498M | 30,234M | 57,162M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 3,626.42M | 3,770.03M | 3,906.50M | 3,944.42M | 3,809.83M |
| Gross Profit | 1,420.92M | 1,509.85M | 1,555.48M | 1,619.94M | 1,547.56M |
| Operating income | 338.62M | 409.13M | 440.61M | 505.26M | 426.32M |
| Income before tax | 346.24M | 396.14M | 671.92M | 545.42M | 434.34M |
| Net income | 271.75M | 431.44M | 490.63M | 394.55M | 318.43M |
| EBITDA | 467.48M | 519.51M | 538.39M | 603.18M | 585.64M |
| Diluted EPS | 1.40 | 2.30 | 2.63 | 2.17 | 1.79 |
| Dividends Per Share | 0.36 | 0.48 | 0.50 | 0.54 | 0.60 |
| Total Assets | 4,179.41M | 4,687.80M | 5,193.31M | 4,650.69M | 4,391.03M |
| Total liabilities | 1,475.65M | 1,390.28M | 1,541.69M | 1,192.45M | 1,367.06M |
| Total equity | 2,682.90M | 3,276.70M | 3,634.40M | 3,448.48M | 3,014.31M |
| Operating cash flow | 353.07M | 361.46M | 428.55M | 272.63M | 525.74M |
Valuation Measures
| Mar 2020 | |
| PER | 21.64 |
| ROA | 7.00% |
| ROE | 9.79% |
| Operating margin | 11.19% |
| Profit margin | 8.35% |
Key executives
- President & Representative Director: Takuya Nakata
- Director, GM-Operations & Management: Satoshi Yamahata
- Executive Officer, GM-Technology & IMC Business: Shigeki Fujii
- Executive Officer & Head-Internal Audit: Takashi Dairokuno
- Executive Officer & GM-Musical Instruments Sales: Seiichi Yamaguchi
Shareholders
- Yamaha Corp. (8.2%)
- Nomura Asset Management Co., Ltd. (7.5%)
- Yamaha Motor Co., Ltd. (5.3%)
- The Shizuoka Bank, Ltd. (3.9%)
- Sumitomo Life Insurance Co. (3.8%)
- MS&AD Insurance Group Holdings, Inc. (3.7%)
- Asset Management One Co., Ltd. (3.6%)
- Nikko Asset Management Co., Ltd. (3.5%)
- Daiwa Asset Management Co. Ltd. (3.4%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
Contact Details
- Website:http://www.yamaha.com/ja/
- Address: 10-1 Nakazawa-cho, Naka-Ku, Hamamatsu, 430-8650, Japan
- Phone: +81.53.460.1111
Related Companies
- Yamaha Guitar Group, Inc.
- Yamaha Corp. (China)
- Yamaha Restricted Stock Compensation Plan
- Skeeter Boats, Inc.
- SP Music Centre Sdn. Bhd.
- Patrick Censier SARL
- PT Yamaha Music Manufacturing Asia
- Yamaha Music Vietnam Co. Ltd.
- Yamaha Music India Pvt Ltd.
- PT Yamaha Musical Products Indonesia
- Yamaha Music Technical (Shanghai) Co. Ltd.
- PT Yamaha Music Manufacturing Indonesia
- iPulse Ltd.
- Yamaha Commercial Audio Systems, Inc.
- Yamaha Artist Services, Inc.
- Yamaha Music (Russia) LLC
- Yamaha Music Latin America SA
- Yamaha Music & Electronics Taiwan Co., Ltd.
- Yamaha Trading (Shanghai) Co. Ltd.
- PT Yamaha Music Indonesia
- PT Yamaha Electronics Manufacturing Indonesia
- Yamaha Systems Technology Singapore Pte Ltd.
- Yamaha de Mexico SA de CV
- Yamaha Electronics (UK) Ltd.
- Yamaha Music Malaysia Sdn. Bhd.
- Yamaha Electronics Asia Pte Ltd.
- Yamaha Atelier Fuer Blasinstrumente & Percussioninstrumente
- Yamaha Hall Co. Ltd.
- Yamaha-Hazen Electronica Musical SA
- Yamaha Musical Products, Inc.
Competitors
- Samsung Electronics Co., Ltd.
- Avid Technology, Inc.
- ClearOne, Inc.
- Plantronics, Inc.
- Shenzhen Inovance Technology Co., Ltd Class A
- Samick Musical Instruments Co., Ltd
- Fusheng Precision Co. Ltd.
- Darfon Electronics Corp
- Mirae Corp
- Mycronic AB
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Last Updated on 29 May, 2020