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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 materials and parts business, which deals primarily with network-related equipment and semiconductors.
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.

Share Data 15/Dec/2017
Currency JPY
Previous Close 4,045.00
Change (%) -0.12
Volume 811,000
Number of Shares (mil) 197.26
Market Cap (mil) 797,896.58
 

Board of Directors
Takuya Nakata President and Representative Director
Masato Oike Director
Satoshi Yamahata Director
Hiroyuki Yanagi Outside Director (President, Chief Executive Officer and Representative Director of Yamaha Motor Co., Ltd.)
Shigeru Nosaka Outside Director (Director, Executive Vice President & CFO of Oracle Corporation Japan)
Masatoshi Ito Outside Director (Representative Director and Chairman of the Board of Ajinomoto Co., Inc.)


Financial Highlights (Millions of Yen)
   2015/3  2016/3  2017/3
Net Sales 432,177 435,477 408,248
Operating Income 30,135 40,663 44,302
Net Income 24,929 32,633 46,719
Capital Expenditures 13,846 11,221 17,542
Depreciation Expenses 12,598 12,682 11,145
R&D Expenses 25,439 24,793 24,415
Cash Flows from Operating Activities 31,729 42,399 39,142
Cash Flows from Investing Activities -11,700 591 -9,663
Free Cash Flow 20,029 42,990 29,479
Total Assets 530,034 469,745 522,362
Net Assets 348,752 303,889 367,437
       
Operating Income to Sales (%) 7.0 9.3 10.9
Overseas Sales Ratio (%) 62.9 66.7 66.1
ROE (%) 8.1 10.1 14.0
ROA (%) 5.1 6.5 9.4
Equity Ratio (%) 65.3 64.2 69.9
Dividend Payout Ratio (%) 28.0 26.1 20.9
Total Number of Employees 27,827 28,338 28,113
       
Net Assets per Share (Yen) 1,787.42 1,601.55 1,948.01
Net Income per Share (Yen) 128.75 168.90 249.17
Dividends per Share (Yen) 36 44 52
P/E Ratio (Times) 16.3 20.1 12.3
P/B Ratio (Times) 1.18 2.12 1.57
Share Price at the End of Fiscal Year (Yen) 2,104 3,390 3,065
Net income for FY2016.3 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).