Income Statement

Revenue

+2%

+24%

10Y

Currency: JPY

	Jun-2004	Sep-2004	Dec-2004	Jun-2005	Sep-2005	Dec-2005	Jun-2006	Sep-2006	Dec-2006	Jun-2007	Sep-2007	Dec-2007	Jun-2008	Sep-2008	Dec-2008	Jun-2009	Sep-2009	Dec-2009	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Revenue
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	351	0	0	0	304	0	0	0	259	0	0	0	216	0	0	0	253	0	0	0	338	0	0	0	290	0	0	0	359	0	0	0	853	0	0	0	735	0	0	0	516	0	0	0	386	0	0	0	440	0	561	0	0	0	581	0	0	0
Revenue	422 130 N/A	417 645 -1%	413 452 -1%	404 661 -2%	402 061 -1%	406 426 +1%	408 978 +1%	413 750 +1%	416 501 +1%	424 998 +2%	432 638 +2%	428 903 -1%	417 021 -3%	398 793 -4%	369 401 -7%	345 550 -6%	323 204 -6%	316 883 -2%	308 369 -3%	296 868 -4%	285 421 -4%	373 866 +31%	370 880 -1%	366 163 -1%	359 089 -2%	356 616 -1%	358 716 +1%	356 818 -1%	359 904 +1%	366 941 +2%	373 917 +2%	387 783 +4%	401 683 +4%	410 304 +2%	412 901 +1%	419 022 +1%	424 876 +1%	432 177 +2%	438 109 +1%	443 238 +1%	444 690 +0%	435 477 -2%	428 343 -2%	417 178 -3%	408 028 -2%	408 248 +0%	411 098 +1%	418 895 +2%	428 667 +2%	432 967 +1%	436 202 +1%	436 446 +0%	435 950 0%	434 373 0%	429 406 -1%	429 617 +0%	425 275 -1%	414 227 -3%	386 496 -7%	370 505 -4%	363 913 -2%	372 630 +2%	403 306 +8%	406 323 +1%	402 657 -1%	408 197 +1%	411 620 +1%	427 707 +4%	444 085 +4%	451 410 +2%	235 349 -48%	462 866 +97%	355 384 -23%	471 372 +33%	471 768 +0%	462 080 -2%	453 822 -2%	450 310 -1%	452 404 +0%
Gross Profit
Cost of Revenue	(259 612)	(257 863)	(255 475)	(253 092)	(252 512)	(257 828)	(259 853)	(264 262)	(265 270)	(270 983)	(270 811)	(265 377)	(256 844)	(246 074)	(226 315)	(213 678)	(202 492)	(203 433)	(194 165)	(186 504)	(178 021)	(237 313)	(237 519)	(235 204)	(231 998)	(231 659)	(233 034)	(231 472)	(234 747)	(238 261)	(242 412)	(251 090)	(258 635)	(262 310)	(262 415)	(264 892)	(266 854)	(270 357)	(272 796)	(272 663)	(269 816)	(262 406)	(255 129)	(247 298)	(243 087)	(242 451)	(245 848)	(253 146)	(256 616)	(258 465)	(260 380)	(257 895)	(256 615)	(255 367)	(251 720)	(252 032)	(251 291)	(245 967)	(234 594)	(228 138)	(224 437)	(229 720)	(244 956)	(247 250)	(247 949)	(253 460)	(256 335)	(265 788)	(275 129)	(280 270)	(148 010)	(291 784)	(221 505)	(291 449)	(292 008)	(285 939)	(284 187)	(284 694)	(285 585)
Gross Profit	162 518 N/A	159 782 -2%	157 977 -1%	151 569 -4%	149 549 -1%	148 598 -1%	149 125 +0%	149 488 +0%	151 231 +1%	154 015 +2%	161 827 +5%	163 526 +1%	160 177 -2%	152 719 -5%	143 086 -6%	131 872 -8%	120 712 -8%	113 450 -6%	114 204 +1%	110 364 -3%	107 400 -3%	136 553 +27%	133 361 -2%	130 959 -2%	127 091 -3%	124 957 -2%	125 682 +1%	125 346 0%	125 157 0%	128 680 +3%	131 505 +2%	136 693 +4%	143 048 +5%	147 994 +3%	150 486 +2%	154 130 +2%	158 022 +3%	161 820 +2%	165 313 +2%	170 575 +3%	174 874 +3%	173 071 -1%	173 214 +0%	169 880 -2%	164 941 -3%	165 797 +1%	165 250 0%	165 749 +0%	172 051 +4%	174 502 +1%	175 822 +1%	178 551 +2%	179 335 +0%	179 006 0%	177 686 -1%	177 585 0%	173 984 -2%	168 260 -3%	151 902 -10%	142 367 -6%	139 476 -2%	142 910 +2%	158 350 +11%	159 073 +0%	154 708 -3%	154 737 +0%	155 285 +0%	161 919 +4%	168 956 +4%	171 140 +1%	87 339 -49%	171 082 +96%	133 879 -22%	179 923 +34%	179 760 0%	176 141 -2%	169 635 -4%	165 616 -2%	166 819 +1%
Operating Income
Operating Expenses	(114 266)	(116 900)	(119 920)	(121 643)	(121 327)	(122 749)	(123 423)	(124 166)	(124 353)	(126 597)	(127 485)	(128 008)	(126 307)	(125 175)	(120 839)	(115 013)	(107 657)	(102 953)	(98 790)	(94 738)	(91 061)	(123 387)	(122 243)	(120 759)	(119 284)	(116 847)	(116 426)	(116 727)	(117 607)	(119 465)	(120 377)	(120 615)	(121 478)	(122 000)	(124 421)	(126 726)	(129 091)	(131 685)	(132 562)	(134 291)	(138 036)	(139 167)	(136 386)	(132 563)	(126 097)	(122 994)	(121 148)	(122 166)	(123 633)	(125 669)	(126 875)	(127 344)	(126 683)	(126 223)	(125 885)	(123 736)	(122 425)	(121 712)	(118 667)	(113 436)	(111 146)	(102 862)	(108 430)	(110 802)	(110 460)	(110 770)	(113 180)	(116 632)	(121 112)	(124 981)	(69 807)	(137 825)	(111 120)	(154 404)	(156 068)	(139 622)	(153 542)	(144 399)	(142 044)
Selling, General & Administrative	(114 483)	(116 866)	(120 099)	(121 781)	(121 591)	(122 808)	(123 454)	(124 289)	(124 353)	(126 597)	(127 410)	(128 008)	(126 307)	(127 609)	(120 839)	(115 013)	(107 657)	(102 953)	(98 790)	(94 738)	(91 061)	(119 643)	(122 243)	(120 759)	(119 284)	(113 576)	(116 425)	(116 725)	(117 605)	(116 309)	(120 376)	(120 616)	(121 478)	(119 287)	(124 420)	(126 724)	(129 090)	(129 223)	(132 561)	(134 290)	(133 519)	(129 967)	(129 626)	(125 803)	(123 853)	(119 194)	(121 145)	(122 164)	(123 631)	(123 564)	(126 136)	(126 937)	(127 113)	(121 535)	(126 575)	(125 401)	(123 698)	(117 005)	(115 201)	(109 126)	(106 492)	(97 288)	(105 393)	(107 885)	(108 160)	(106 772)	(114 676)	(117 987)	(122 067)	(120 134)	(67 734)	(131 635)	(106 306)	(141 162)	(141 971)	(132 700)	(137 458)	(136 528)	(136 895)
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(3 744)	0	0	0	(3 270)	0	0	0	(3 156)	0	0	0	(2 712)	0	0	0	(2 461)	0	0	(4 516)	(9 199)	0	0	0	(3 798)	0	0	0	(2 104)	0	0	0	(4 724)	0	0	0	(4 902)	0	0	0	(4 910)	0	0	0	(4 934)	0	0	0	(5 138)	0	(5 793)	0	0	0	(6 719)	0	0	0
Other Operating Expenses	217	(34)	179	138	264	59	31	123	0	0	(75)	0	0	2 434	0	0	0	0	0	0	0	0	0	0	0	(1)	0	(2)	0	0	(1)	1	0	(1)	(1)	(2)	0	(1)	(1)	(1)	0	(1)	(6 760)	(6 760)	(2 244)	(2)	(3)	(2)	(2)	(1)	(739)	(407)	430	36	690	1 665	1 273	195	(3 466)	(4 310)	(4 654)	(664)	(3 037)	(2 917)	(2 300)	936	1 496	1 355	955	291	(2 073)	(397)	(4 814)	(13 242)	(14 097)	(203)	(16 084)	(7 871)	(5 149)
Operating Income	48 252 N/A	42 882 -11%	38 057 -11%	29 926 -21%	28 222 -6%	25 849 -8%	25 702 -1%	25 322 -1%	26 878 +6%	27 418 +2%	34 342 +25%	35 518 +3%	33 870 -5%	27 544 -19%	22 247 -19%	16 859 -24%	13 055 -23%	10 497 -20%	15 414 +47%	15 626 +1%	16 339 +5%	13 166 -19%	11 118 -16%	10 200 -8%	7 807 -23%	8 110 +4%	9 256 +14%	8 619 -7%	7 550 -12%	9 215 +22%	11 128 +21%	16 078 +44%	21 570 +34%	25 994 +21%	26 065 +0%	27 404 +5%	28 931 +6%	30 135 +4%	32 751 +9%	36 284 +11%	36 838 +2%	33 904 -8%	36 828 +9%	37 317 +1%	38 844 +4%	42 803 +10%	44 102 +3%	43 583 -1%	48 418 +11%	48 833 +1%	48 947 +0%	51 207 +5%	52 652 +3%	52 783 +0%	51 801 -2%	53 849 +4%	51 559 -4%	46 548 -10%	33 235 -29%	28 931 -13%	28 330 -2%	40 048 +41%	49 920 +25%	48 271 -3%	44 248 -8%	43 967 -1%	42 105 -4%	45 287 +8%	47 844 +6%	46 159 -4%	17 532 -62%	33 257 +90%	22 759 -32%	25 519 +12%	23 692 -7%	36 519 +54%	16 093 -56%	21 217 +32%	24 775 +17%
Pre-Tax Income
Interest Income Expense	0	0	0	0	0	0	0	10 437	0	27 781	18 573	29 756	2 821	2 715	2 372	1 733	871	637	569	183	(205)	(409)	(72)	(379)	(48)	619	743	1 438	1 838	2 112	3 754	3 757	3 577	2 756	1 552	2 050	2 120	2 547	2 972	3 431	3 459	2 156	2 983	2 534	3 901	3 524	3 940	4 910	29 223	28 854	29 491	29 473	2 918	3 656	2 589	2 282	2 851	3 459	3 797	1 977	1 529	2 071	2 679	3 385	4 250	5 243	4 787	8 374	5 148	4 003	(1 103)	8 605	6 547	(553)	8 593	2 587	(3 254)	6 384	2 609
Non-Reccuring Items	(33 683)	(33 060)	(12 968)	20 655	19 514	702	(452)	(1 137)	(2 177)	(2 154)	(21)	700	380	461	(877)	(728)	(764)	(426)	(1 726)	(1 863)	(1 539)	(4 559)	(3 316)	(3 302)	(3 221)	(463)	(169)	(1 006)	(2 568)	(3 731)	(3 654)	(2 624)	(2 508)	(1 905)	(1 898)	(2 013)	(1 345)	(2 851)	(3 025)	(2 841)	(2 879)	(1 550)	(1 781)	(6 707)	(6 559)	(4 637)	(5 956)	(1 190)	(891)	(709)	0	0	(137)	32	0	0	0	(2 783)	(2 544)	(2 423)	(2 317)	(5 017)	4 927	4 806	4 700	3 817	0	0	0	390	0	(4 232)	0	0	0	(15 708)	0	0	0
Gain/Loss on Disposition of Assets	0	0	0	0	0	0	0	0	0	0	0	0	28	53	135	117	150	120	122	120	99	252	243	300	502	190	380	680	503	1 857	1 854	1 529	1 859	587	591	503	175	144	150	669	6 277	0	9 148	8 645	4 082	3 848	3 649	3 650	2 588	125	0	0	57	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Other Income	6 824	7 203	6 653	9 133	10 435	9 655	10 873	246	11 585	5 883	12 423	(195)	(1 187)	(1 915)	(3 601)	(3 783)	(3 343)	(2 347)	(1 841)	(1 404)	(1 630)	(1 646)	(2 024)	(1 844)	(2 139)	(1 485)	(2 161)	(2 296)	(1 754)	(1 658)	(1 728)	(1 985)	(1 981)	(1 614)	(1 904)	(1 719)	(1 291)	(1 449)	(1 882)	(1 299)	(1 923)	7 068	(2 645)	(3 440)	(3 950)	(2 640)	(3 099)	(3 069)	(2 749)	(2 632)	(1 859)	(1 288)	(437)	0	(2)	0	0	1	0	0	0	0	0	0	0	1	1	0	0	0	0	(1)	0	0	0	(936)	0	0	0
Pre-Tax Income	21 393 N/A	17 025 -20%	31 742 +86%	59 714 +88%	58 171 -3%	36 206 -38%	36 123 0%	34 868 -3%	36 286 +4%	58 928 +62%	65 317 +11%	65 779 +1%	35 912 -45%	28 858 -20%	20 276 -30%	14 198 -30%	9 969 -30%	8 481 -15%	12 538 +48%	12 662 +1%	13 064 +3%	6 804 -48%	5 949 -13%	4 975 -16%	2 901 -42%	6 971 +140%	8 049 +15%	7 435 -8%	5 569 -25%	7 795 +40%	11 354 +46%	16 755 +48%	22 517 +34%	25 818 +15%	24 406 -5%	26 225 +7%	28 590 +9%	28 526 0%	30 966 +9%	36 244 +17%	41 772 +15%	41 578 0%	44 533 +7%	38 349 -14%	36 318 -5%	42 898 +18%	42 636 -1%	47 884 +12%	76 589 +60%	74 471 -3%	76 579 +3%	79 392 +4%	55 053 -31%	56 471 +3%	54 388 -4%	56 130 +3%	54 409 -3%	47 225 -13%	34 489 -27%	28 485 -17%	27 542 -3%	37 102 +35%	57 525 +55%	56 462 -2%	53 198 -6%	53 028 0%	46 893 -12%	53 662 +14%	52 993 -1%	50 552 -5%	16 429 -68%	37 629 +129%	29 305 -22%	24 965 -15%	32 285 +29%	22 462 -30%	12 839 -43%	27 601 +115%	27 383 -1%
Net Income
Tax Provision	(419)	(3 145)	(12 043)	(17 668)	(15 884)	(8 314)	(7 997)	(6 025)	(5 858)	(15 223)	(21 410)	(22 950)	(15 334)	(12 781)	(10 719)	(8 593)	(5 567)	(5 175)	(4 160)	(3 429)	(2 770)	(1 359)	(2 217)	(1 835)	(4 749)	(36 077)	(34 974)	(35 998)	(33 013)	(3 455)	(4 015)	(3 235)	(3 628)	(2 690)	(2 803)	(4 841)	(3 783)	(3 420)	(3 884)	(4 625)	(6 945)	(8 885)	4 517	4 175	2 931	3 978	(8 903)	(8 620)	(17 294)	(20 046)	(22 104)	(23 480)	(16 521)	(16 085)	(16 114)	(15 687)	(14 872)	(12 521)	(8 921)	(7 908)	(7 981)	(10 393)	(15 605)	(15 452)	(14 161)	(15 666)	(14 335)	(16 874)	(15 653)	(12 375)	(2 512)	(7 852)	(5 069)	(4 877)	(8 871)	(8 994)	(6 418)	(9 627)	(8 004)
Income from Continuing Operations	20 974	13 880	19 699	42 046	42 287	27 892	28 126	28 843	30 428	43 705	43 907	42 829	20 578	16 077	9 557	5 605	4 402	3 306	8 378	9 233	10 294	5 445	3 732	3 140	(1 848)	(29 106)	(26 925)	(28 563)	(27 444)	4 340	7 339	13 520	18 889	23 128	21 603	21 384	24 807	25 106	27 082	31 619	34 827	32 693	49 050	42 524	39 249	46 876	33 733	39 264	59 295	54 425	54 475	55 912	38 532	40 386	38 274	40 443	39 537	34 704	25 568	20 577	19 561	26 709	41 920	41 010	39 037	37 362	32 558	36 788	37 340	38 177	13 917	29 777	24 236	20 088	23 414	13 468	6 421	17 974	19 379
Income to Minority Interest	(535)	(551)	(372)	(282)	(321)	(439)	(483)	(443)	(504)	(560)	(649)	(652)	(583)	(331)	(223)	(235)	(279)	(298)	(261)	(341)	(320)	(364)	(354)	(287)	(317)	(274)	(328)	(285)	(200)	(217)	(30)	(241)	(187)	(229)	(443)	(200)	(245)	(176)	22	(69)	(103)	(59)	(182)	(87)	(57)	(156)	(165)	(120)	(73)	(46)	63	1	(56)	(48)	(141)	(159)	(136)	(81)	(42)	12	(34)	(93)	(82)	(45)	(41)	(92)	(123)	(160)	(82)	6	33	(134)	(121)	(129)	(201)	(116)	(104)	(128)	(126)
Net Income (Common)	20 438 N/A	13 334 -35%	19 326 +45%	41 760 +116%	41 963 +0%	27 451 -35%	27 641 +1%	28 399 +3%	29 922 +5%	43 145 +44%	43 253 +0%	42 176 -2%	19 993 -53%	15 747 -21%	9 331 -41%	5 370 -42%	4 121 -23%	3 005 -27%	8 112 +170%	8 888 +10%	9 969 +12%	5 078 -49%	3 374 -34%	2 850 -16%	(2 165) N/A	(29 381) -1 257%	(27 254) +7%	(28 850) -6%	(27 646) +4%	4 122 N/A	7 309 +77%	13 279 +82%	18 702 +41%	22 898 +22%	21 157 -8%	21 181 +0%	24 560 +16%	24 929 +2%	27 103 +9%	31 550 +16%	34 723 +10%	32 633 -6%	48 868 +50%	42 437 -13%	39 191 -8%	46 719 +19%	33 565 -28%	39 142 +17%	59 220 +51%	54 378 -8%	54 540 +0%	55 913 +3%	38 477 -31%	40 337 +5%	38 132 -5%	40 283 +6%	39 399 -2%	34 621 -12%	25 522 -26%	20 586 -19%	19 523 -5%	26 615 +36%	41 836 +57%	40 963 -2%	38 994 -5%	37 268 -4%	32 432 -13%	36 624 +13%	37 257 +2%	38 183 +2%	13 951 -63%	29 642 +112%	24 113 -19%	19 957 -17%	23 211 +16%	13 351 -42%	6 315 -53%	17 844 +183%	19 252 +8%
EPS (Diluted)	99.21 N/A	64.1 -35%	90.3 +41%	202.71 +124%	201.74 0%	132.61 -34%	134.17 +1%	136.53 +2%	145.25 +6%	209.44 +44%	206.95 -1%	204.73 -1%	98.97 -52%	78.73 -20%	47.12 -40%	27.25 -42%	20.7 -24%	15.25 -26%	41.17 +170%	45.11 +10%	50.86 +13%	25.9 -49%	17.39 -33%	14.69 -16%	-11.16 N/A	-151.44 -1 257%	-140.48 +7%	-148.71 -6%	-142.5 +4%	21.24 N/A	37.67 +77%	68.44 +82%	96.4 +41%	118.03 +22%	109.05 -8%	109.18 +0%	126.59 +16%	128.75 +2%	139.7 +9%	162.62 +16%	178.98 +10%	168.9 -6%	259.93 +54%	226.93 -13%	209.57 -8%	249.17 +19%	179.49 -28%	209.31 +17%	316.68 +51%	291.81 -8%	299.67 +3%	307.21 +3%	211.59 -31%	222.12 +5%	213.42 -4%	225.85 +6%	221.4 -2%	194.71 -12%	145.16 -25%	115.3 -21%	111.05 -4%	151.39 +36%	237.97 +57%	234.88 -1%	226.73 -3%	71.62 -68%	189.02 +164%	213.35 +13%	217.05 +2%	74.21 -66%	27.55 -63%	58.56 +113%	48.76 -17%	40.52 -17%	47.89 +18%	27.58 -42%	13.93 -49%	39.36 +183%	42.71 +9%

Income Statement Balance Sheet Cash Flow Statement

Yamaha Corp
TSE:7951

Income Statement

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Yamaha Corp

Income Statement
Yamaha Corp

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Yamaha Corp TSE:7951

Income Statement

Earnings Waterfall Yamaha Corp

Income Statement Yamaha Corp

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Yamaha Corp
TSE:7951

Earnings Waterfall
Yamaha Corp

Income Statement
Yamaha Corp