Ah, DC offset fault on channel right.. Main cause is one or more faulty (shorted) transistors. Check the transistors with a multimeter for short or low resistance ( of course with the amp in OFF state and mains unplugged.
Yes, this is good advice for most DC offset faults in solid-state audio amplifiers. Such faults are usually caused by one or more failed output transistors in the power amplifier section. These failures are often accompanied by blown fuses, burned up resistors, and cracked/melted small transistors on the power amplifier PC board.
However, this case is different. There isn’t any DC offset at the speaker terminals
until after the volume control is advanced from zero. Therefore I doubt there is any fault inside the power amplifier section.
Yes, there is DC offset, but this must be originating from somewhere inside the “line-level” stages.
I suspect a DC offset fault in the line-level input switching chip: IC401. This is an unusual and complicated IC chip. It has 100 pins. It appears to contain all of the switching needed for a 5.1 channel home-theatre amplifier. But only 2 of its channels are used in this stereo integrated amplifier (Yamaha must have had a huge surplus of these IC chips on hand).
The audio output pins on this IC401 switching chip should always be within approximately +/-10mV DC with respect to chassis ground (earth). IC401 operates on balanced +/-7V power supply rails. Therefore if IC401 has failed it is likely the failed audio output pin on IC401 will have either +7V or -7V.
Another unusual feature of this Yamaha A-S500 is the
“Pure Direct” switch. When in “normal” mode the audio signal passes through traditional rotary analog variable resistors (potentiometers) for volume control, balance, bass, and treble. But in “Pure Direct” mode the volume is controlled digitally by IC401 itself.
I asked the OP to test whether the on/off state of this “Pure Direct” button causes any change to the observed symptoms.