Value Creation Story

Value Creation Story

The Yamaha Group focuses on its “six unique types of capital”—brand, customers, technology, people, finance, and social capital (comprising environment, society, and culture). By strengthening our capital, we aim to improve the corporate value of the Group. Furthermore, we are utilizing the four distinctive strengths that have been honed by the Yamaha Group in order to maximize these forms of capital by creating value through our business activities, based on defined material issues. This undertaking is anticipated to contribute to improvements in Yamaha’s brand and corporate value. Through this cycle of value creation, we seek to realize Yamaha’s management vision and accomplish our mission.

Long-standing brand recognition and loyalty

Unique sales networks and connections with customers worldwide

Diverse portfolio of unique technologies arising from sound and music business

Diverse people supporting value creation

Robust and healthy financial base

Healthy natural environment and society and music cultures around the world

Yamaha promotes sustainability in all of the aforementioned phases. Our business activities are supported by the following four strengths .

Yamaha seeks to accomplish its management targets through its supply of products and services centered on sound and music.

Revenue ¥304.9 billion Core Operating Profit ¥21.2 billion (Fiscal 2026)

Yamaha supplies acoustic instruments, such as traditional pianos and wind, string, and percussion instruments, and digital musical instruments that leverage electronic technologies. We also offer hybrid instruments that meld both acoustic and digital technologies. In addition, we are developing a diverse range of other business that include lesson, repair and other service businesses as well as music software production and sales businesses. With our robust product lineup and global sales and service structure, we have secured a position as the world’s leading comprehensive musical instruments manufacturer. *

* Estimates by Yamaha Corporation

Revenue ¥142.4 billion Core Operating Profit ¥10.8 billion (Fiscal 2026)

With sound and music at its core, and drawing on its accumulated know-how in digital and acoustic technologies, Yamaha’s audio equipment business delivers a diverse spectrum of solutions, encompassing best-in-class audio equipment for commercial, consumer, and mobility uses.

Revenue ¥18.0 billion Core Operating Profit ¥-0.1 billion (Fiscal 2026)

Our businesses also encompass interior decorative panels for luxury automobiles that are born from our integrated wood processing and coating technologies. In addition, we operate an industrial machinery business that deploys factory automation (FA) equipment (industrial equipment) forged from our musical instrument manufacturing expertise.

Rebuild & Evolve medium-term management plan 2025/4〜2028/3

Core operating profit ratio 13.5 %

Total return ratio 50 % or more

Rebuilding a strong business foundation

Indicator for Expansion of Existing Business Scale Indicator for Profit Improvement

Evolving to create the future

Indicators for Domain Expansion Indicator for New Value Creation

Strengthening the management foundation

Indicator for Capital and Asset Efficiency Indicators for Strengthening of Human Capital

Setting sustainability as a source of value

Environmental Indicators Social Indicators Cultural Indicators

* Information on the quantitative targets for various indicators can be found in the medium-term management plan.

Yamaha will continue its quest to provide more enjoyable, creative, and convenient experiential value while refining the fundamental value of products using the technologies and sensibilities it has fostered in relation to sound and music. We will also seek to develop operations in fields that lay adjacent to our existing business domain.

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