Yamaha Corporation (TYO:7951)

Yamaha Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	32,635	23,720	13,351	29,642	50,552	53,010
Depreciation & Amortization	21,233	20,534	21,470	20,878	19,270	17,314
Other Amortization	-	-	25	145	-	-
Loss (Gain) From Sale of Assets	-725	-725	-355	6	67	-4,275
Asset Writedown & Restructuring Costs	290	290	12,811	3,495	-	-
Other Operating Activities	836	-8,455	-3,247	-4,636	-37,075	-10,674
Change in Accounts Receivable	7,081	4,815	-464	-7,003	-12,369	582
Change in Inventory	-836	10,264	12,280	2,112	-28,251	-13,751
Change in Accounts Payable	-4,134	-4,548	2,808	-2,827	-4,476	3,950
Change in Other Net Operating Assets	-118	-118	-3,398	2,024	-2,559	-10,140
Operating Cash Flow	56,262	45,777	55,281	43,836	-14,841	36,016
Operating Cash Flow Growth	10.47%	-17.19%	26.11%	-	-	-38.14%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-13,979	-14,130	-22,934	-22,920	-20,726	-14,530
Sale of Property, Plant & Equipment	1,917	1,803	1,147	307	227	6,111
Cash Acquisitions	-	-	-	-	-4,898	-
Investment in Securities	29,156	4,483	30,671	6,813	4,131	52,105
Other Investing Activities	-6,081	-63	-778	-103	-297	21
Investing Cash Flow	11,013	-7,907	8,106	-15,903	-21,563	43,707

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	4,570	-	-	679
Long-Term Debt Issued	-	-	-	-	-	955
Total Debt Issued	4,161	-	4,570	-	-	1,634
Short-Term Debt Repaid	-	-5,082	-	-631	-8,965	-
Long-Term Debt Repaid	-	-5,746	-6,249	-6,416	-1,890	-449
Lease Payments	-5,964	-5,746	-6,249	-6,397	-	-
Total Debt Repaid	-11,046	-10,828	-6,249	-7,047	-10,855	-449
Net Debt Issued (Repaid)	-6,885	-10,828	-1,679	-7,047	-10,855	1,185
Repurchase of Common Stock	-15,000	-15,000	-49,108	-18,304	-6,600	-28,009
Common Dividends Paid	-11,612	-11,784	-12,200	-11,869	-11,325	-11,501
Other Financing Activities	-294	-163	-153	-43	-6,507	-6,101
Financing Cash Flow	-33,791	-37,775	-63,140	-37,263	-35,287	-44,426

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	6,850	8,919	-2,016	6,926	3,083	7,852
Miscellaneous Cash Flow Adjustments	-	119	1	103	-	1
Net Cash Flow	40,334	9,133	-1,768	-2,301	-68,608	43,150

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	42,283	31,647	32,347	20,916	-35,567	21,486
Free Cash Flow Growth	30.02%	-2.16%	54.65%	-	-	-52.94%
Free Cash Flow Margin	8.69%	6.80%	7.00%	4.52%	-7.88%	5.26%
Free Cash Flow Per Share	95.35	70.31	66.81	41.32	-69.13	41.29
Levered Free Cash Flow	39,649	17,227	34,510	-	-47,529	34,229
Unlevered Free Cash Flow	41,565	17,662	34,873	-	-47,254	34,471
Free Cash Flow After Leases	36,319	25,901	26,098	14,519	-35,567	21,486

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	617	697	581	516	453	404
Cash Income Tax Paid	13,362	17,417	14,765	8,233	35,973	11,158
Change in Working Capital	1,993	10,413	11,226	-5,694	-47,655	-19,359

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error