Consumer Durables 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 deals with the 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 2023
JPY USD Revenue 451,410M 3,331.00M Gross Profit 166,002M 1,224.94M Operating income 45,868M 338.46M Income before tax 50,552M 373.02M Net income 38,183M 281.75M EBITDA 65,138M 480.66M Diluted EPS 222.63 1.64 Dividends Per Share 66 0.48 Total Assets 594,246M 4,464.99M Total liabilities 136,298M 1,024.10M Total equity 456,838M 3,432.54M Operating cash flow -14,841M -109.51M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
434,373M
414,227M
372,630M
408,197M
451,410M
Gross Profit
174,282M
163,358M
138,000M
149,803M
166,002M
Operating income
52,747M
46,353M
40,712M
43,031M
45,868M
Income before tax
56,471M
47,225M
37,102M
53,028M
50,552M
Net income
40,338M
34,622M
26,615M
37,269M
38,183M
EBITDA
69,300M
63,675M
57,768M
60,345M
65,138M
Diluted EPS
222.12
194.70
151.39
214.86
222.63
Dividends Per Share
60
66
66
66
66
Total Assets
515,924M
474,034M
557,616M
580,662M
594,246M
Total liabilities
156,912M
147,581M
160,662M
163,790M
136,298M
Total equity
357,936M
325,410M
395,958M
415,713M
456,838M
Operating cash flow
35,520M
57,162M
58,225M
36,016M
-14,841M
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
3,916.98M
3,809.83M
3,513.47M
3,632.52M
3,331.00M
Gross Profit
1,571.59M
1,502.47M
1,301.18M
1,333.09M
1,224.94M
Operating income
475.64M
426.32M
383.86M
382.93M
338.46M
Income before tax
509.23M
434.34M
349.82M
471.89M
373.02M
Net income
363.75M
318.43M
250.94M
331.65M
281.75M
EBITDA
624.91M
585.64M
544.68M
537.00M
480.66M
Diluted EPS
2.00
1.79
1.42
1.91
1.64
Dividends Per Share
0.54
0.60
0.62
0.58
0.48
Total Assets
4,661.19M
4,391.03M
5,046.29M
4,784.03M
4,464.99M
Total liabilities
1,417.64M
1,367.06M
1,453.95M
1,349.45M
1,024.10M
Total equity
3,233.82M
3,014.31M
3,583.33M
3,425.03M
3,432.54M
Operating cash flow
320.30M
525.74M
548.99M
320.50M
-109.51M
Valuation Measures
Mar 2023
PER 22.86 ROA 6.49% ROE 8.75% Operating margin 10.16% Profit margin 8.45%
Management
Executive President & Representative Director:
Takuya Nakata
Executive Officer & General Manager-Operations:
Taro Tokuhiro
Executive Officer, GM-Technology & IMC Business:
Shigeki Fujii
Executive Officer & GM-Acoustics Sales:
Seiichi Yamaguchi
Executive Officer & GM-Acoustic Business:
Shinichi Takenaga Shareholders
Yamaha Corp. (9.8%)
Nomura Asset Management Co., Ltd. (7.2%)
Yamaha Motor Co., Ltd. (4.2%)
Shizuoka Financial Group, Inc. (4.0%)
Sumitomo Life Insurance Co. (3.8%)
Nikko Asset Management Co., Ltd. (3.5%)
Daiwa Asset Management Co. Ltd. (3.4%)
MS&AD Insurance Group Holdings, Inc. (3.1%)
The Vanguard Group, Inc. (2.7%)
Nippon Life Insurance Co. (2.6%)
Related Companies
Yamaha Music Entertainment Holdings, Inc.
YAMAHA MUSIC EUROPE GmbH (France)
Yamaha Music Manufacturing Japan Corp.
PT Yamaha Musical Products Asia
Taiwan Yamaha Musical Instrument Mfg. Co., Ltd.
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.
Competitors
Samsung Electronics Co., Ltd.
ClearOne, Inc.
Avid Technology, Inc.
Fusheng Precision Co. Ltd.
Samick Musical Instruments Co., Ltd
Charmzone Global Co., Ltd.
Mirae Corp
Sanyang Motor Co., Ltd.
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Last Updated on 21 Sep, 2023
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