Yamada Denki Co., Ltd. announced that they will report fiscal year 2013 results on May 09, 2013

Yamada Denki Co. announced that Chairman Noboru Yamada will be reinstalled as president on June 27 after a five-year absence, part of an unusual move in which all of the company's executive board members were demoted by one rank. The move is a response to the company's lackluster performance in fiscal 2012, which marked the first time Yamada Denki saw two consecutive years with a downturn in both sales and profit since going public. President Tadao Ichimiya will be demoted to vice president with representative rights. Yamada will retain the title of chief executive officer, and Ichimiya that of chief operating officer. The company announced on April 22 that it expected a consolidated net profit of JPY 22 billion for fiscal 2012, a 62% drop on the year and below its guidance.

Yamada Denki Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2012. For the period, the company reported net sales of ¥1,231,453 million, operating income of ¥34,702 million, ordinary income of ¥43,232 million, net income of ¥29,302 million or net income per share of ¥311.02 compared to net sales of ¥1,430,903 million, operating income of ¥90,356 million, ordinary income of ¥99,204 million, net income of ¥56,824 million or net income per share of ¥603.17 for the same period last year. Income before income taxes and minority interests was ¥97,850, million against ¥103,022 million a year ago. Income before income taxes and minority was ¥45,731 million against ¥97,850 million for the same period a year ago. The company provided consolidated earnings guidance for the fiscal year ending March 31, 2013. For the year, the company expects net sales of ¥1,718,000 million, operating income of ¥57,300 million, ordinary income of ¥63,900 million, net income of ¥34,000 million or net income per share of ¥360.90. The company expected to pay year end dividend of ¥76.00 per share for the fiscal year ending March 31, 2013 compared to ¥76.00 per share for the same period last year.