May 2013 Archives

JASRAC(Japanese Society for Rights of Authors, Composers and Publishers)announced on May 22 that annual collection of copyright royalties rose 5.6% to 111.84 billion yen in 2012. It's the first increase after 2007.

Performing rights royalties increased 8.3% to 19.5 billion yen as concerts and other musical events revived during the year after 3.11 Earthquake and Tsunami in 2011.

BGM royalties from fitness clubs and studios slightly gained 1.6% to 420 million yen.

Audio disk royalties raised 8.7% to 15.553 billion yen with massive release of hit single CDs and albums, and music video royalties significantly increased 19.9% to 21.58 billion yen.

Interactive music distribution for mobile declined 11.9% to 7.75 billion yen as the market scaled down, and the market for smartphone users has under-developed.

Takuya Nakata, New President of Yamaha

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Yamaha Corporation announced on April 30 that Takuya Nakata, Senior Executive Officer, was named new president of the company to be effective on June 26. Former president of Yamaha Corporation of America and Yamaha Commercial Audio Systems, Nakata, 54, joined Yamaha after graduation from Keio University in 1981. Nakata succeeds the position from Mitsuru Umemura, who serves as Special Corporate Advisor.

Yamaha expects that the appointment would integrate strategic planning for the future and expedite just implemented new Yamaha Management Plan 2016 under his leadership.

According to the annual sales report announced on April 30, Yamaha's consolidated total sales for the latest term ended March was 366,941 million yen, a 2.9% increase from the previous term, and net profit was 4,122 million yen.