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Market: Tokyo Symbol: 7951 ISIN: JP3942600002 Sector: Other Products

Company Presentation

Yamaha began when its founder, Torakusu Yamaha, repaired an imported reed organ in 1887. Since then, Yamaha has grown to become the world’s largest comprehensive musical instrument maker, manufacturing and selling a full lineup of musical instruments, from acoustic to digital. In addition to musical instruments, Yamaha has expanded its operations into the sound, music, and audio business, which includes PA equipment, audio products, and the ICT equipment, as well as industrial machinery and components business which focuses on semiconductors, FA equipment, etc.
With our unique expertise and sensibilities, gained from our devotion to sound and music, the Yamaha Group is committed to creating excitement and cultural inspiration together with people around the world.



Board of Directors
Takuya Nakata President and Representative Executive Officer
Satoshi Yamahata Director
Taku Fukui Outside Director

Yoshihiro Hidaka

Outside Director

Mikio Fujitsuka

Outside Director

Paul Candland

Outside Director

Hiromichi Shinohara

Outside Director

Naoko Yoshizawa

Outside Director


Financial Highlights (Millions of Yen)
   2020/3  2021/3   2022/3   2023/3
(projections)
Revenue 414,227 372,630 408,197 440,000
Core operating profit 46,352 40,711 43,012 50,000
Net Profit 34,621 26,615 37,255 37,500
Capital Expenditures 20,545 11,260 14,835 25,615
Depreciation Expenses 11,156 11,387 12,123 13,229
R&D Expenses 24,814 24,189 24,032 25,500
Cash Flows from Operating Activities 57,162 58,225 36,016 31,000
Cash Flows from Investing Activities -21,067 -5,785 43,707 -21,000
Free Cash Flow 36,095 52,440 79,723 10,000
Total Assets 474,034 557,616 580,927 588,000
Total equity 326,450 396,949 415,927 442,000
         
Core operating profit to revenue (%) 11.2 10.9 10.5 11.4
Overseas revenue ratio (%) 70.2 71.0 74.2 75.4
ROE (%) 10.1 7.4 9.2 8.8
ROA (%) 7.0 5.2 6.5 6.4
Equity Ratio (%) 68.6 71.0 71.4 75.0
Dividend Payout Ratio (%) 33.9 43.6 30.7 30.2
Total Number of Employees 20,203 20,021 19,895 20,600
         
Net Assets per Share (Yen) 1,850.81 2,252.34 2,417.89 2,570.78
Net Income per Share (Yen) 194.71 151.39 214.79 218.60
Dividends per Share (Yen) 66 66 66 66
P/E Ratio (Times) 21.6 39.7 24.9 -
P/B Ratio (Times) 2.28 2.67 2.21 -
Share Price at the End of Fiscal Year (Yen) 4,215 6,010 5,350 -
Net income is presented as net income attributable to owners of parent on the consolidated financial statements.
Total number of employees includes temporary staff (average during the period).