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Yamaha CorporationTSE:7951 Stock Report

Market Cap JP¥487.0b
Share Price
JP¥1.14k
JP¥1.18k
3.9% undervalued intrinsic discount
1Y13.7%
7D3.4%
1D
Portfolio Value
View

Yamaha Corporation

TSE:7951 Stock Report

Market Cap: JP¥487.0b

Yamaha (7951) Stock Overview

Engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. More details

7951 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

7951 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Yamaha Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Yamaha
Historical stock prices
Current Share PriceJP¥1,135.50
52 Week HighJP¥1,250.00
52 Week LowJP¥953.00
Beta0.20
1 Month Change-0.66%
3 Month Change2.53%
1 Year Change13.72%
3 Year Change-40.22%
5 Year Change-44.34%
Change since IPO106.45%

Recent News & Updates

Narrative Update Apr 28

7951: Buybacks And Mixed Segment Trends Will Support Balanced Medium-Term Repricing

Analysts have kept Yamaha's fair value estimate steady at ¥1,181.43, with only marginal adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E to reflect refreshed assumptions rather than a change in overall view. What's in the News Yamaha completed a share repurchase of 13,488,300 shares, or 3% of shares, for ¥14,999.9 million under the buyback announced on November 4, 2025.
Narrative Update Apr 09

7951: Buybacks And Creator-Focused Products Will Support Steady Medium-Term Repricing

Analysts have kept Yamaha's price target broadly steady around ¥1,181, citing only small tweaks to assumptions such as the discount rate, long term revenue growth, profit margin, and future P/E multiple rather than any major shift in the outlook. What's in the News Yamaha completed a share repurchase program announced on November 4, 2025, buying back a total of 13,488,300 shares, representing 3% of shares, for ¥14,999.9 million.

Recent updates

Narrative Update Apr 28

7951: Buybacks And Mixed Segment Trends Will Support Balanced Medium-Term Repricing

Analysts have kept Yamaha's fair value estimate steady at ¥1,181.43, with only marginal adjustments to inputs such as the discount rate, revenue growth, profit margin, and future P/E to reflect refreshed assumptions rather than a change in overall view. What's in the News Yamaha completed a share repurchase of 13,488,300 shares, or 3% of shares, for ¥14,999.9 million under the buyback announced on November 4, 2025.
Narrative Update Apr 09

7951: Buybacks And Creator-Focused Products Will Support Steady Medium-Term Repricing

Analysts have kept Yamaha's price target broadly steady around ¥1,181, citing only small tweaks to assumptions such as the discount rate, long term revenue growth, profit margin, and future P/E multiple rather than any major shift in the outlook. What's in the News Yamaha completed a share repurchase program announced on November 4, 2025, buying back a total of 13,488,300 shares, representing 3% of shares, for ¥14,999.9 million.
Narrative Update Mar 26

7951: Buybacks And Creator-Focused Products Will Support Balanced Medium-Term Repricing

Analysts have adjusted their price target on Yamaha slightly higher from ¥1,180 to approximately ¥1,181, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Yamaha completed a share buyback of 13,488,300 shares, representing 3% of shares, for ¥14,999.9 million under the program announced on November 4, 2025, with repurchases running through March 24, 2026 (company buyback update).
Narrative Update Mar 11

7951: Share Repurchases And New Creator Products Will Support Balanced Medium Term Repricing

Analysts have kept their Yamaha price target steady at ¥1,180, with small tweaks to inputs such as the discount rate and assumed future P/E reflecting only minor model refinements rather than a shift in their overall view. What's in the News Board meeting scheduled for November 4, 2025 to approve matters related to acquisition of treasury stock, indicating continued focus on share repurchases (Board Meeting).
Narrative Update Feb 25

7951: Audio Creator Launches And Buyback Will Support Balanced Medium Term Repricing

Analysts have adjusted their price target on Yamaha to ¥1,180 from ¥1,158, citing updated assumptions around revenue growth, profit margins, and future P/E levels. What's in the News Yamaha raised its consolidated earnings guidance for the fiscal year ending March 31, 2026, now guiding to revenue of ¥462.0b, core operating profit of ¥33.0b, operating profit of ¥30.0b, and profit attributable to owners of the parent of ¥24.0b, with basic EPS at ¥53.32 (company guidance).
Analysis Article Feb 13

There May Be Reason For Hope In Yamaha's (TSE:7951) Disappointing Earnings

Shareholders appeared unconcerned with Yamaha Corporation's ( TSE:7951 ) lackluster earnings report last week. We think...
Narrative Update Feb 11

7951: New Audio Creator Products And Buyback Will Support Measured Repricing Potential

Analysts have kept their Yamaha fair value estimate steady at ¥1,158.57, with only modest tweaks to assumptions on discount rate, revenue growth, profit margin, and future P/E informing the updated price target narrative. What's in the News Yamaha revised its consolidated earnings guidance for the fiscal year ending March 31, 2026, with revenue now expected at ¥462.0b and core operating profit at ¥33.0b, alongside profit attributable to owners of the parent of ¥24.0b and basic EPS of ¥53.32.
Narrative Update Jan 28

7951: New Creator-Focused Audio Lineup Will Support Gradual Repricing Potential

Analysts have lifted their fair value estimate for Yamaha from ¥1,132.50 to about ¥1,158.60, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that collectively support a higher price target. What's in the News Yamaha launched its MGX Series digital mixing consoles, URX Series audio interfaces, and CC1 USB controller, targeting musicians, performers, streamers, podcasters, and content creators across live performance, recording, and streaming use cases (Product-Related Announcements).
Analysis Article Jan 06

Yamaha (TSE:7951) Has More To Do To Multiply In Value Going Forward

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Dec 03

Yamaha (TSE:7951) Could Easily Take On More Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Sep 06

Digital Transformation Will Unlock Global Music Opportunities

Despite a slight increase in Yamaha’s discount rate, both the future P/E and analyst price target remained essentially unchanged, with the fair value holding steady at ¥1132. What's in the News Yamaha lowered FY2026 guidance, with revenue now expected at JPY 452,000 million (down from JPY 455,000 million) and operating profit revised to JPY 30,000 million (down from JPY 38,500 million).
Analysis Article Aug 14

We Think You Can Look Beyond Yamaha's (TSE:7951) Lackluster Earnings

The most recent earnings report from Yamaha Corporation ( TSE:7951 ) was disappointing for shareholders. However, our...
Analysis Article Jul 14

Is Yamaha (TSE:7951) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jun 28

Yamaha Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

It's been a good week for Yamaha Corporation ( TSE:7951 ) shareholders, because the company has just released its...
Analysis Article Apr 25

Investors Appear Satisfied With Yamaha Corporation's (TSE:7951) Prospects

Yamaha Corporation's ( TSE:7951 ) price-to-earnings (or "P/E") ratio of 20.7x might make it look like a strong sell...
Analysis Article Mar 15

Yamaha (TSE:7951) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 28

An Intrinsic Calculation For Yamaha Corporation (TSE:7951) Suggests It's 22% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Yamaha fair value estimate is JP¥1,443 Yamaha is estimated to...
Analysis Article Feb 13

Some May Be Optimistic About Yamaha's (TSE:7951) Earnings

Soft earnings didn't appear to concern Yamaha Corporation's ( TSE:7951 ) shareholders over the last week. Our analysis...
User avatar
New Narrative Dec 29

New Digital Mixer And Audio Equipment Expansion Ignite Future Growth

Strong performance in B2B audio and new digital mixer release are key drivers of future revenue growth despite sluggish instrument sales.
Analysis Article Dec 23

Yamaha Corporation's (TSE:7951) Share Price Matching Investor Opinion

Yamaha Corporation's ( TSE:7951 ) price-to-earnings (or "P/E") ratio of 26.9x might make it look like a strong sell...
Analysis Article Dec 04

Investors Could Be Concerned With Yamaha's (TSE:7951) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Aug 28

Is There An Opportunity With Yamaha Corporation's (TSE:7951) 35% Undervaluation?

Key Insights The projected fair value for Yamaha is JP¥5,282 based on 2 Stage Free Cash Flow to Equity Yamaha's...
Analysis Article Aug 11

The Price Is Right For Yamaha Corporation (TSE:7951) Even After Diving 25%

Yamaha Corporation ( TSE:7951 ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Jul 31

Yamaha (TSE:7951) Has Announced A Dividend Of ¥37.00

Yamaha Corporation ( TSE:7951 ) will pay a dividend of ¥37.00 on the 9th of December. The dividend yield will be 2.1...
Analysis Article Jul 18

The Returns On Capital At Yamaha (TSE:7951) Don't Inspire Confidence

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jul 02

Some May Be Optimistic About Yamaha's (TSE:7951) Earnings

The market for Yamaha Corporation's ( TSE:7951 ) shares didn't move much after it posted weak earnings recently. We...
Analysis Article Jun 26

Market Participants Recognise Yamaha Corporation's (TSE:7951) Earnings

Yamaha Corporation's ( TSE:7951 ) price-to-earnings (or "P/E") ratio of 19.9x might make it look like a sell right now...
Analysis Article Jun 11

Here's Why Yamaha (TSE:7951) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 26

An Intrinsic Calculation For Yamaha Corporation (TSE:7951) Suggests It's 21% Undervalued

Key Insights The projected fair value for Yamaha is JP¥4,270 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article May 10

Results: Yamaha Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a good week for Yamaha Corporation ( TSE:7951 ) shareholders, because the company has just released its...
Analysis Article Apr 12

Yamaha's (TSE:7951) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Mar 11

Yamaha's (TSE:7951) Dividend Will Be ¥37.00

Yamaha Corporation ( TSE:7951 ) has announced that it will pay a dividend of ¥37.00 per share on the 26th of June. This...

Shareholder Returns

7951JP LeisureJP Market
7D3.4%0.4%4.8%
1Y13.7%-19.1%43.6%

Return vs Industry: 7951 exceeded the JP Leisure industry which returned -19.1% over the past year.

Return vs Market: 7951 underperformed the JP Market which returned 43.6% over the past year.

Price Volatility

Is 7951's price volatile compared to industry and market?
7951 volatility
7951 Average Weekly Movement4.7%
Leisure Industry Average Movement4.5%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.4%
10% least volatile stocks in JP Market2.4%

Stable Share Price: 7951 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 7951's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188718,949Atsushi Yamaurawww.yamaha.com

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It operates through the Musical Instruments, Audio Equipment, and Others segments. The Musical Instruments segment offers pianos; digital musical instruments; and wind, string, and percussion instruments; as well as other music-related activities.

Yamaha Corporation Fundamentals Summary

How do Yamaha's earnings and revenue compare to its market cap?
7951 fundamental statistics
Market capJP¥486.97b
Earnings (TTM)JP¥23.72b
Revenue (TTM)JP¥465.33b
21.1x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
7951 income statement (TTM)
RevenueJP¥465.33b
Cost of RevenueJP¥290.36b
Gross ProfitJP¥174.97b
Other ExpensesJP¥151.25b
EarningsJP¥23.72b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)53.92
Gross Margin37.60%
Net Profit Margin5.10%
Debt/Equity Ratio0.1%

How did 7951 perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
49%
Payout Ratio

Does 7951 pay a reliable dividends?

See 7951 dividend history and benchmarks
When do you need to buy 7951 by to receive an upcoming dividend?
Yamaha dividend dates
Ex Dividend DateMar 30 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend80 days
Days until Dividend pay date12 days

Does 7951 pay a reliable dividends?

See 7951 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 07:46
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Yamaha Corporation is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eiichi KatayamaBofA Global Research
Citi ResearchCitigroup Inc
Kota EzawaCitigroup Inc