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seapig said..woko said..Have you looked at the fly wheel sensor adjustment ?

Unofrtunatley my only option at this point is the feed from the Tacho sensor wire but if need I will look at installing a fly wheel sensor, it would appear easier and more cost effective to see check all obvious things first though. Like I mentioned before I don't mind spending the $$ to use a replacement /aftermarket job but I would like to keep the panel as original as I can
I am not an expert on any of this.
Am I correct in thinking you are seeking to drive the tacho on the original Yanmar engine panel using a feed from an alternator ("the 'P' terminal of Hitachi 80 amp alternator"), rather than from a flywheel sensor?
Looking at one of the manuals that cover the 3YM30, it looks like they came with both flywheel sensor driven tachos and alternator pulse driven tachos at different times.
"12.6 Instrument panelThe new type instrument panels are applied for 3YM30/3YM20/2YM15 series engines. The features are compactness, waterproof and independence from pulse by ring gear teeth number. The engine speed, indicated with the instrument panel is activated by the pulse from flywheel ring gear. The engine speed with new panel is activated by alternator B terminal pulse."That's from a 2005 edition of the
Yanmar Service Manual M9961-03E101. So if you have the "new panel", then it should expect/accept a alternator signal, in which case your problem may be that the number of stator pulses per revolution of the engine may be different for the Hitachi alternator than the original alternator. If that's the case, I have no idea if you can recalibrate the original tacho.
As I understand it, the P terminal is the stator pulse, which can drive a tachometer built for such a signal (variable frequency). I doubt a flywheel sensor would put out the same signal as a P terminal on the alternator. The diagram posted by Woko suggests the flywheel sensor puts out a higher voltage at higher RPM ("1.2vac at idle increases with RPM"), so the tachometer would be, in a sense, a voltmeter, albeit with a scale in RPM rather than volts.
The output from a P terminal is a variable frequency signal rather than a variable voltage signal. The calibration of an electronic tacho for such a signal is discussed at
www.electricalrebuilders.org/eren/archive/ere_2008/ere_01_08_analyzing_the_alternator_tach_signal.pdfIf the tacho on the engine panel is expecting a variable voltage signal from a flywheel sensor, then you will need to either install a flywheel sensor and give it the signal it expects, or replace the tacho with one that expects a frequency signal from the alternator - preferably one that can be calibrated for the P signal (number of stator pulses per RPM or interval between pulses for a given RPM) from your Hitachi alternator.
Apologies if I am missing something or have misunderstood.