trending Market Intelligence /marketintelligence/en/news-insights/trending/xhkWzBUPz4tDQ86hhezz4w2 content esgSubNav
In This List

Yamaha fiscal Q2 profit climbs 35.8% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Yamaha fiscal Q2 profit climbs 35.8% YOY

Yamaha Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 was ¥29.53 per share, an increase of 35.8% from ¥21.75 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥5.72 billion, a gain of 35.8% from ¥4.21 billion in the year-earlier period.

The normalized profit margin rose to 5.4% from 4.2% in the year-earlier period.

Total revenue rose 6.1% on an annual basis to ¥106.79 billion from ¥100.67 billion, and total operating expenses grew 5.1% from the prior-year period to ¥97.94 billion from ¥93.16 billion.

Reported net income came to ¥6.71 billion, or ¥34.66 per share, compared to ¥6.69 billion, or ¥34.54 per share, in the prior-year period.

As of Nov. 14, US$1 was equivalent to ¥116.46.