NEWS FROM THE STANDARD |
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Service Oriented
Oct 30 2000 12:00 AM PST
PROFILE |
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Yamaha, the world's largest maker of musical instruments, is easy on the eardrums. The company makes conventional and electronic instruments, including a "silent" line of instruments that require headphones. Other instruments include pianos, synthesizers, wind instruments, drums, and guitars. It also runs music schools worldwide. Although musical instruments and audio products (mixing boards, stereo systems) account for more than 70% of sales, Yamaha also makes CD recorders, furniture, and golf clubs. Yamaha Motor (of which Yamaha owns 33%) is the world's #2 motorcycle maker (after Honda), and it also produces WaveRunners, snowmobiles, racing carts, and the like. It is exiting the hard disk storage head business.
COMPETITION |
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Baldwin Piano & Organ Company (BPAOQ)
Matsushita Electric Industrial Co., Ltd. (MC)
Steinway Musical Instruments, Inc. (LVB)
DEALS |
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Deal: Yamaha, Music Sales Group, Hal Leonard Team
Date Announced: 01.16.01
Value of transaction (US $Mil): 0
Description: Musical instrument maker Yamaha and print music publishers Hal Leonard Corp. and the Music Sales Group form YMH Digital Music Publishing, which will develop online products for professional musicians and consumers, including music lessons, expert consultations, MIDI files and sheet music.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 5,003.40
1-Yr. Sales Growth: 5.7%
Employees: 21,599
Revenue per employee: $231,649.61
KEY PEOPLE |
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Shuji Ito
CEO
CONTACT INFO |
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10-1, Nakazawa-cho
Hamamatsu Shizuoka 430-8650, Japan
Phone: 81-53-460-2211
Fax: 81-53-460-2525
Online: Web Site
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