Source disclosure: February 04, 2026
YAMAHA CORPORATION [7951.T]
TOKYO, Feb 04 (Pulse News Wire) – Yamaha Corporation (7951.T) reported a decline in revenue and operating profit for its fiscal third quarter ending March 2026, citing reduced piano sales in China and high-end audio equipment demand normalization. However, the company revised its full-year forecast upward due to favorable exchange rate impacts and strong performance in guitar and electronic instrument sales in North America and Europe.
For the nine months ended March 2026, revenue decreased to ¥2,233 billion compared to the prior year. Operating profit was ¥104.6 billion, down from ¥124.5 billion last year. Net income attributable to shareholders increased to ¥112.3 billion, up from ¥104.6 billion previously. By segment, the Musical Instruments division saw revenue drop to ¥1,045 billion, while operating profit declined to ¥100 million.
The Audio Equipment division recorded revenue of ¥788 billion and operating profit of ¥67.5 billion. Other operations generated revenue of ¥400 billion and operating profit of ¥33.00 billion. Looking ahead, Yamaha expects full-year revenue to reach ¥2,900 billion, up slightly from its November forecast. Operating profit is now projected at ¥140 billion, and net income is expected to rise to ¥150 billion, reflecting improved conditions despite ongoing challenges in certain markets.
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