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Announcement of Personnel Changes

October 12, 2007

Yamaha Motor Co., Ltd. announces the following personnel changes, effective October 15, 2007.

Changes in Duties of Senior General Managers and General Managers

(Name)

(New position)

(Current position)

Hiroyuki Seto

General Manager of Sales Division 3, Sales Operations, Motorcycle Headquarters

Manager of Corporate Planning Division, Yamaha Motorcycle Sales Japan Co., Ltd.

Masashi Tanaka

Senior Manager of Operations Planning Division, Marine Operations

Senior Manager of Marine Operations of Yamaha Motor Co., Ltd., and President of Maricom Tokai Co., Ltd.

Akihiko Tobinai

General Manager of 1st Business Division, Marine Operations of Yamaha Motor Co., Ltd., President of Yamaha Boating System Co., Ltd., and President of J.O.B. Co., Ltd.

General Manager of 1st Business Division, Marine Operations of Yamaha Motor Co., Ltd., and President of Yamaha Boating System Co., Ltd.

Susumu Kadowaki

President of Yamaki Manufacturing Co., Ltd., and Manager of Sales Division North Japan Office, 2nd Business Division, Marine Operations of Yamaha Motor Co., Ltd.

Manager of Sales Division North Japan Office, 2nd Business Division, Marine Operations of Yamaha Motor Co., Ltd., and Manager of Sales Division, Yamaki Manufacturing Co., Ltd.

Shinichi Inui

President of Maricom Tokai Co., Ltd.

President of Yamaki Manufacturing Co., Ltd.

Shigeharu Matano

Manager of Izumisano Water Front Co., Ltd.

President of J.O.B. Co., Ltd.

Norio Sawayanagi

President of Yamaha Motor Distribution Latin America Inc. (U.S.A.)

Manager of Business Planning Division, Parts Operations

* Major business lines of the group companies referenced above:

Yamaha Motor Distribution Latin America Inc.:

 

Supply of spare parts and accessories to dealers in the Latin America and Caribbean markets; export of spare parts and accessories for products manufactured in Latin America to dealers around the world; and marketing of parts and accessories

Yamaha Boating System Co., Ltd.:

 

Sales, maintenance, intermediary sales, rigging, export and import of boats, sailboats, outboard motors and other finished products, as well as their parts, accessories and pre-owned products

Maricom Tokai Co., Ltd.:

 

Operation and management of marinas and marine sports classes, and sales and repair of boats

Yamaki Manufacturing Co., Ltd.:

 

Manufacture and sales of boats and water tanks

Izumisano Water Front Co., Ltd.:

 

Operation and management of marinas and related businesses

J.O.B. Co., Ltd.:

 

Operation and management of marinas and related businesses; sales and repair of boats; operation and management of restaurants; and sales of marine accessories, fuel and other products

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