Performance Outline (PDF 43 KB)

First Quarter of FY2008.3 Performance Outline
YAMAHA CORPORATION
(billions of yen)
Net Sales
1Q Initial Projections
1Q Results
(May 23, 2007)
FY2008.3
130.8
Projections
FY2008.3
1Q Results
(Previous Year)
FY2007.3
FY2008.3
Results
(Previous Year)
FY2007.3
135.2
126.7
557.0
550.4
Japan Sales
73.9 (56.5%)
76.1 (56.3%)
73.9 (58.3%)
279.1 (50.１%)
291.3 (52.9%)
Overseas Sales
56.9 (43.5%)
59.1 (43.7%)
52.8 (41.7%)
277.9 (49.9%)
259.1 (47.1%)
(5.3%)
32.0 (5.7%)
27.7 (5.0%)
12.7 (10.0%)
30.0 (5.4%)
42.6 (7.7%)
Operating Income
6.0
(4.6%)
7.3
(5.4%)
Recurring Profit
5.2
(4.0%)
7.5
(5.5%)
21.0 (16.1%)
Net Income
23.2 (17.2%)
6.7
10.0
(7.9%)
35.5 (6.4%)
27.9 (5.1%)
Currency Exchange
115/US$
120/US$
115/US$
116/US$
117/US$
Rate(=yen)
148/EUR
156/EUR
139/EUR
155/EUR
144/EUR
(*1)
-
25.0%
12.5%
9.6%
8.4%
ＲＯＡ(*2)
-
15.3%
7.7%
5.9%
5.2%
Earnings per share
-
112.7yens
48.6yens
172.1yens
135.2yens
Capital Expenditure
-
6.5
6.8
26.0
25.2
(Depreciation)
-
(5.6)
(4.8)
(22.1)
(20.0)
R&D Expenditure
-
6.1
5.8
24.5
24.2
Operating Activities
-
-5.5
0.3
35.4
39.7
Investing Activities
-
55.1
-6.8
44.9
-22.4
-
49.6
-6.4
80.3
17.3
84.0
91.4
84.5
73.3
82.2
Japan
12,010
11,836
11,909
10,774
11,644
Overseas
14,460
14,744
14,027
15,050
14,348
Total(*3）
26,470
26,580
25,936
25,824
25,992
ＲＯＥ
Free Cash Flow
Total
Inventories at end of period
No. of Employees
(26)
(Newly consolidated)
(27)
Sales by Business Segment
Musical Instruments
79.5 (60.8%)
82.0 (60.7%)
75.9 (59.9%)
342.5 (61.5%)
326.0 (59.2%)
AV/IT
15.0 (11.5%)
15.2 (11.2%)
16.0 (12.6%)
76.0 (13.6%)
72.8 (13.2%)
Electronic Equipment and Metal
Products
12.9
(9.8%)
14.4 (10.7%)
13.6 (10.7%)
47.0 (8.4%)
54.8 (10.0%)
Lifestyle-Related Products
11.9
(9.1%)
11.4
(8.4%)
10.8
(8.5%)
49.0 (8.8%)
46.6 (8.5%)
Recreation
4.3
(3.3%)
4.0
(3.0%)
4.1
(3.2%)
11.5 (2.1%)
17.8 (3.2%)
Others
Operating Income by
Business Segment
7.2
(5.5%)
8.2
(6.0%)
6.2
(4.9%)
31.0 (5.6%)
32.4 (5.9%)
6.4
7.2
5.8
27.0
22.0
AV/IT
-0.7
-0.3
0.3
1.3
2.1
Electronic Equipment and Metal
Products
-0.1
0.5
1.3
1.5
3.1
0.2
-0.1
0.0
1.5
1.2
-0.2
-0.4
-0.4
-0.8
-1.5
0.4
0.4
-0.3
1.5
0.8
Musical Instruments
Lifestyle-Related Products
Recreation
Others
Non-Consolidated Basis
Net Sales
82.1
82.3
323.0
Operating Income
5.3
(6.5%)
5.6
(6.8%)
12.6 (3.9%)
Recurring Profit
6.4
(7.8%)
6.5
(7.9%)
19.9 (6.1%)
53.9 (65.7%)
4.5
(5.5%)
11.3 (3.5%)
Net Income
＊1,2 The ROE and ROA are calculated on an annually adjusted basis.
＊3　Number of Employees = Number of employees at end of period
The forward-looking statements in this document contain inherent risks and uncertainties insofar as they are based on future
projections and plans that may differ materially from the actual results achieved.