Yamaha (JP:7951) has released an update.
Yamaha Corporation reported increased revenue in the first quarter of FY2025.3 due to robust B2B audio equipment sales and favorable foreign exchange rates, although the actual profit from musical instruments fell amid a sluggish Chinese market. The company adjusted its full-year forecasts, reflecting delays in the Chinese market recovery, and implemented early voluntary retirement at a piano factory in China.
For further insights into JP:7951 stock, check out TipRanks’ Stock Analysis page.