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Yamaha ( (JP:7951) ) has shared an announcement.
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.
More about Yamaha
Yamaha Corporation operates in the music and audio equipment industry, producing a wide range of musical instruments, audio equipment, and related components. Its market focus includes both consumer and professional segments, with a strong presence in digital musical instruments and audio equipment for business use.
YTD Price Performance: 1.22%
Average Trading Volume: 360
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.58B
For a thorough assessment of 7951 stock, go to TipRanks’ Stock Analysis page.
