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Yamaha ( (JP:7951) ) has shared an update.
Yamaha Corporation has revised its consolidated financial forecasts for the fiscal year ending March 31, 2025, keeping revenue expectations unchanged but reducing profit forecasts due to increased costs. This adjustment is largely due to unanticipated processing costs in the audio equipment sector and additional expenses related to its Indonesian piano production facilities, affecting its operating profit and earnings per share projections.
More about Yamaha
Yamaha Corporation operates in the music and audio equipment industry, primarily producing musical instruments, audio equipment, and various electronics. The company is known for its innovative products and has a significant market focus on both professional musicians and consumer electronics.
YTD Price Performance: 1.22%
Average Trading Volume: 360
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.58B
Learn more about 7951 stock on TipRanks’ Stock Analysis page.