About the Report
This integrated report, the third of its kind, combines Yamaha's annual and corporate social responsibility (CSR) reports. It communicates the Group's medium- to long-term value creation initiatives to stakeholders, investors, and the wider public.
The report details Yamaha's progress during the first year of its 'Make Waves 1.0' medium-term management plan, focusing on creating social value by leveraging the Group's strengths and technologies. It also addresses business risks and opportunities for medium- to long-term growth.
Yamaha's Value Creation Story
Yamaha's core philosophy centers on leveraging unique expertise and sensibilities in sound and music to create excitement and cultural inspiration globally. The company's value creation process involves strengthening all capitals by generating both Yamaha value and social value through its business activities, aiming to enhance brand and corporate value.
Key initiatives highlighted include:
- Remote Solutions: Development of services like SYNCROOM for online ensemble performances and support for remote entrance exams at music universities, addressing challenges posed by the COVID-19 pandemic.
- India Market Growth: Strategies for expanding operations in India, including integrated production and sales bases, and promoting music education through the School Project.
Financial and Business Highlights
The report provides a comprehensive overview of Yamaha's financial performance, including revenue, operating profit, and global business scale. It details the revenue composition by region and highlights the significant contribution of overseas revenue to the company's growth.
Yamaha's commitment to its brand promise, 'Make Waves,' is evident in its efforts to inspire passion and creativity through sound and music.
