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Yamaha
(OTC:7951)
Yamaha (7951) vs. S&P 500 (SPY)
Yamaha Business Overview & Revenue Model
Yamaha Financial Statement Overview
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 471.77B | 462.87B | 451.41B | 408.20B | 372.63B | 414.23B | Gross Profit |
| 179.76B | 171.08B | 171.14B | 154.72B | 142.91B | 168.26B | EBIT |
| 34.61B | 33.65B | 46.48B | 49.32B | 35.04B | 43.33B | EBITDA |
| 53.43B | 59.22B | 70.26B | 61.19B | 54.79B | 62.48B | Net Income Common Stockholders |
| 23.21B | 29.64B | 38.18B | 37.27B | 26.61B | 34.62B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 120.49B | 106.45B | 104.97B | 176.85B | 137.92B | 105.61B | Total Assets |
| 634.13B | 666.84B | 594.25B | 580.93B | 557.62B | 474.03B | Total Debt |
| 16.25B | 17.93B | 17.67B | 27.90B | 28.53B | 32.06B | Net Debt |
| -98.58B | -83.65B | -86.22B | -144.60B | -100.82B | -60.61B | Total Liabilities |
| 138.81B | 155.03B | 136.30B | 165.00B | 160.67B | 147.59B | Stockholders Equity |
| 494.00B | 510.59B | 456.84B | 414.77B | 395.96B | 325.41B |
| Cash Flow | Free Cash Flow | ||||
| 38.58B | 20.92B | -35.57B | 21.49B | 45.65B | 36.69B | Operating Cash Flow |
| 61.87B | 43.84B | -14.84B | 36.02B | 58.23B | 57.16B | Investing Cash Flow |
| 7.66B | -15.90B | -21.56B | 43.71B | -5.79B | -21.07B | Financing Cash Flow |
| -50.41B | -37.26B | -35.29B | -44.43B | -20.60B | -36.42B |
Yamaha Technical Analysis
Yamaha Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $2.00T | 5.02 | 15.47% | 4.23% | 6.27% | 19.66% | |
77 Outperform | ¥3.70T | 16.23 | 8.98% | 2.71% | 6.29% | 30.68% | |
71 Outperform | ¥7.18T | 6.81 | 8.11% | 4.78% | 12.25% | 15.01% | |
71 Outperform | $1.11T | 10.52 | 9.29% | 4.04% | 6.68% | -32.72% | |
69 Neutral | $486.84B | 36.46 | 2.69% | 2.38% | 3.69% | -18.27% | |
69 Neutral | $1.39T | 15.74 | 12.94% | 1.73% | 15.31% | ― | |
61 Neutral | $6.92B | 11.84 | 3.00% | 3.95% | 2.60% | -21.94% |
Yamaha Earnings Call Summary
Yamaha Corporate Events
Yamaha Corporation has outlined its corporate governance policies aimed at ensuring sustainable growth and enhancing enterprise value over the medium to long term. The company emphasizes transparency, shareholder rights, and social responsibility while maintaining strong relationships with stakeholders. Yamaha’s governance strategy includes cross-holdings that support sustainable growth and brand value enhancement, with regular reviews to ensure alignment with corporate objectives.
Yamaha Corporation has announced the cancellation of 28 million treasury shares, representing 5.27% of its issued shares, following a buyback completed on March 24, 2025. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
Yamaha Corporation has completed the acquisition of 2,160,700 treasury shares for approximately ¥2.52 billion, as part of a broader plan to acquire up to 35 million shares by November 2025. This move is part of Yamaha’s ongoing strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to optimizing financial operations and market positioning.
Yamaha Corporation announced the acquisition of 25,043,200 treasury shares valued at approximately ¥27.48 billion, as part of a broader share repurchase program authorized by its Board of Directors. This move is aimed at enhancing shareholder value and optimizing capital structure, reflecting Yamaha’s strategic focus on strengthening its financial position and market competitiveness.
Yamaha Corporation announced significant management changes, effective April 1, 2025, including the promotion of Masato Oshiki to Managing Executive Officer and the appointment of several new Executive and Operating Officers. These changes are part of Yamaha’s strategy to strengthen its leadership team and enhance its operational efficiency, potentially impacting its market positioning and stakeholder relations.
Yamaha Corporation has completed the acquisition of 23,799,000 shares of its common stock through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading, at a cost of ¥1,097.5 per share, totaling ¥26,119,402,500. This move is aimed at enhancing shareholder returns and improving capital efficiency, indicating a strategic effort to strengthen its financial standing and market position.
Yamaha Corporation announced its decision to acquire 27 million shares of its own stock through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading. This move, part of a broader strategy to acquire a maximum of 35 million shares, is aimed at optimizing its capital structure. The acquisition will begin on February 18, 2025, and is expected to impact the company’s shareholder value positively, with key stakeholders like Yamaha Motor Co., Ltd. and Mitsui Sumitomo Insurance Co., Ltd. expressing intentions to sell shares.
Yamaha Corporation has announced its decision to acquire up to 35 million shares of its own common stock, representing 7.3% of outstanding shares, at a maximum total value of ¥30 billion. This move, aimed at improving shareholder returns and capital efficiency, involves purchasing shares on the Tokyo Stock Exchange from February 18, 2025, to November 30, 2025, with plans to cancel all acquired treasury shares, potentially impacting shareholder value and market dynamics.
Yamaha Corporation reported a decline in revenue for the first three quarters of FY2025.3 due to weak performance in its musical instrument business, particularly in China. However, the company saw an increase in core operating profit driven by strong performance in audio equipment and cost reductions. Looking forward, the company anticipates a decrease in full-year core operating profit due to one-time expenses, including special retirement costs related to the consolidation of its piano manufacturing facilities.
Yamaha Corporation has revised its consolidated financial forecasts for the fiscal year ending March 31, 2025, keeping revenue expectations unchanged but reducing profit forecasts due to increased costs. This adjustment is largely due to unanticipated processing costs in the audio equipment sector and additional expenses related to its Indonesian piano production facilities, affecting its operating profit and earnings per share projections.
Yamaha Corporation reported an increase in revenue for the third quarter of the fiscal year ending March 2025, driven by strong sales in digital pianos and professional audio equipment, despite challenges in the musical instruments market due to a slump in China. However, profits decreased due to restructuring costs associated with the closure of Indonesian piano factories. Looking ahead, Yamaha maintains its revenue forecast for the full fiscal year but revises its profit outlook downwards due to additional restructuring costs and one-time processing expenses in the audio equipment segment.
Yamaha Corporation reported a slight revenue increase through the third quarter of the fiscal year ending March 2025, despite a decrease in core operating and net profits. The company conducted a 3-for-1 stock split, impacting dividends and earnings per share, which could influence shareholder perception and financial stability.