YAMAHA CORPORATION

7951・Prime Market・Other Products

Official website

YAMAHA CORPORATION

7951・Prime Market・Other Products

Official website

YAMAHA CORPORATION7951

Reference Indicators

Market Cap

5,665¥100M

P/E (Forecast)

19.2x

P/B

1.1x

Dividend Yield (Forecast)

2.13%

ROE

5.0%

EV/EBITDA

9.2x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	408,197	451,410	462,866	462,080	465,330
Cost of Sales	253,476	280,270	291,784	285,939	290,358
Gross Profit	154,720	171,139	171,081	176,140	174,971
SG&A Expenses	111,708	125,272	137,428	139,419	143,091
Operating Income	49,320	46,484	28,999	20,695	29,274
Pre-tax Income	53,010	50,552	37,629	22,462	35,287
Income Taxes	15,663	12,375	7,852	8,994	11,472
Net Income	37,255	38,183	29,642	13,351	23,720
EBITDA	66,634	65,754	50,022	42,190	49,808
Gross Margin	37.9%	37.9%	37.0%	38.1%	37.6%
Operating Margin	12.1%	10.3%	6.3%	4.5%	6.3%
ROA	6.4%	6.4%	4.4%	2.3%	3.8%
ROE	9.0%	8.4%	5.8%	3.0%	5.0%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
楽器	304,924	0	0.0%
音響機器	142,444	0	0.0%
その他	17,960	0	0.0%