An update from Yamaha ( (JP:7951) ) is now available.
Yamaha Corporation reported a decline in revenue for the first three quarters of FY2025.3 due to weak performance in its musical instrument business, particularly in China. However, the company saw an increase in core operating profit driven by strong performance in audio equipment and cost reductions. Looking forward, the company anticipates a decrease in full-year core operating profit due to one-time expenses, including special retirement costs related to the consolidation of its piano manufacturing facilities.
More about Yamaha
Yamaha Corporation operates in the musical instruments and audio equipment industry. The company’s primary products include musical instruments and B2B audio equipment, with a market focus on both consumer and business segments.
YTD Price Performance: 1.22%
Average Trading Volume: 360
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.58B
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