ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Consumer Durables

Yamaha Corp.

  • 5,460.00 JPY
  • +20.00
  • +0.37%
  • Japan
    May 17, 2019
  • Ticker
    TKS(7951)
  • Prev. close
    5,440
  • Market cap (JPY)
    1,042.06B
  • Market cap (USD)
    9,499.61M
  • Shares
    191.55M

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 2019 JPYUSD
Revenue437,416M3,944.42M
Gross Profit182,125M1,642.32M
Operating income56,031M505.26M
Income before tax60,485M545.42M
Net income43,754M394.55M
EBITDA66,890M603.18M
Diluted EPS240.932.17
Dividends Per Share600.54
Total Assets514,762M4,650.69M
Total liabilities131,987M1,192.45M
Total equity381,695M3,448.48M
Operating cash flow30,234M272.63M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 432,177M 435,477M 408,248M 432,967M 437,416M
Gross Profit 159,359M 170,631M 163,498M 172,398M 182,125M
Operating income 30,135M 40,663M 44,304M 48,834M 56,031M
Income before tax 28,526M 41,578M 42,898M 74,471M 60,485M
Net income 24,929M 32,633M 46,720M 54,378M 43,754M
EBITDA 45,645M 56,138M 56,257M 59,672M 66,890M
Diluted EPS 128.75 168.90 249.17 291.81 240.93
Dividends Per Share 36 44 52 56 60
Total Assets 530,034M 469,745M 522,362M 560,184M 514,762M
Total liabilities 181,282M 165,856M 154,920M 171,834M 131,987M
Total equity 346,086M 301,545M 365,123M 386,519M 381,695M
Operating cash flow 31,729M 42,399M 39,142M 47,498M 30,234M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 3,934.01M 3,626.42M 3,770.03M 3,906.50M 3,944.42M
Gross Profit 1,450.61M 1,420.92M 1,509.85M 1,555.48M 1,642.32M
Operating income 274.31M 338.62M 409.13M 440.61M 505.26M
Income before tax 259.66M 346.24M 396.14M 671.92M 545.42M
Net income 226.92M 271.75M 431.44M 490.63M 394.55M
EBITDA 415.49M 467.48M 519.51M 538.39M 603.18M
Diluted EPS 1.17 1.40 2.30 2.63 2.17
Dividends Per Share 0.32 0.36 0.48 0.50 0.54
Total Assets 4,419.71M 4,179.41M 4,687.80M 5,267.36M 4,650.69M
Total liabilities 1,511.62M 1,475.65M 1,390.28M 1,615.74M 1,192.45M
Total equity 2,885.85M 2,682.90M 3,276.70M 3,634.40M 3,448.48M
Operating cash flow 288.82M 353.07M 361.46M 428.55M 272.63M

Valuation Measures

Mar 2019
PER22.95
ROA8.14%
ROE11.39%
Operating margin12.80%
Profit margin10.00%

Key executives

  • President & Representative Director: Takuya Nakata
  • Director, GM-Operations & Management: Satoshi Yamahata
  • Executive Officer, GM-Technology & IMC Business: Shigeki Fujii
  • Executive Officer & GM-Audio Equipment: Akira Iizuka
  • Executive Officer & Head-Internal Audit: Takashi Dairokuno

Shareholders

  • Nomura Asset Management Co., Ltd. (7.5%)
  • Yamaha Corp. (6.8%)
  • Yamaha Motor Co., Ltd. (5.3%)
  • MS&AD Insurance Group Holdings, Inc. (4.0%)
  • The Shizuoka Bank, Ltd. (3.9%)
  • Sumitomo Life Insurance Co. (3.8%)
  • Nikko Asset Management Co., Ltd. (3.5%)
  • Mizuho Financial Group, Inc. (3.5%)
  • Asset Management One Co., Ltd. (3.4%)
  • Daiwa Asset Management Co. Ltd. (3.2%)

Contact Details

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

  • Avid Technology, Inc.
  • ClearOne, Inc.
  • Shenzhen Inovance Technology Co., Ltd Class A
  • Samick Musical Instruments Co., Ltd
  • Darfon Electronics Corp
  • Hudaco Industries Limited
  • Mirae Corp
  • Mycronic AB
Last Updated on 17 May, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends May 26th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media