Policies for Retained Earnings and Returns to Shareholders

  Yamaha Corporation has adopted a basic profit allocation policy linked to the level of consolidated net income in the medium term that provides for increasing return on equity (ROE) by retaining earnings as appropriate for strengthening the Company's management position through investments in R&D, sales capabilities, capital equipment and facilities, and other areas, while also emphasizing shareholder returns to reflect consolidated performance. Specifically, Yamaha endeavors to provide continuous, stable dividends and has set a target consolidated dividend payout ratio of 40%.

Return to Top

Third-Party Opinion

We obtained an opinion from a specialist to assist in improving the CSR Report.

Editorial Policy

Editorial policy for the CSR report.