Basic Corporate Governance Policies
The following describes our basic corporate governance policies.
Basic Views on Corporate Governance, Capital Structure, Corporate Profile and Other Basic Information
The Company’s Management Principles and Management Strategies
Yamaha Motor’s corporate objective is to be a “Kando* Creating Company.” We aspire to offer new excitement and a more fulfilling life for people all over the world. To this end, we provide unique and high-quality products and services made available through our technology to interweave human logic with sensibility by continuously striving to achieve “the unique style of Yamaha Motor’s engineering, manufacturing and marketing,” aiming at creating “new, original and innovative ideas and messages,” “technology that creates joy and trust among customers,” “attractive designs to express Refined Dynamism,” and “power to build up a lifetime relationship with customers.”
We make ongoing efforts to gain recognition from our various stakeholders that “the unique style of Yamaha Motor” constitutes the “Yamaha” brand, and to make our products and services the lifelong preferred choice for stakeholders. We believe that these efforts will enable us to achieve sustainable growth and enhance our medium- to long-term corporate value.
We are carrying out measures to achieve sustainable growth and enhancement of corporate value under our Long-term Vision (ART for Human Possibilities : Let’s strive for greater happiness), with an eye on the 2030 and the Medium-Term Management Plan that runs for three years from 2025.
Under the new medium-term management plan, we will enhance the competitiveness of our core businesses, acquire new technologies that expand human potential, and realize a society where people can enjoy themselves and the environment in harmony through challenges unique to Yamaha Motor.
In order to execute cost-conscious management, we will clarify the positioning of our businesses based on sales growth rate and return on invested capital, and promote portfolio management to allocate management resources appropriately. We will also build a structure capable of generating ROE at the 14% level, ROIC at the 8% level, and ROA at the 9% level, thereby increasing our economic value.
In addition, under our new medium-term management plan, we will create social value through human capital management that encourages employees to take on challenges and grow, and through risk and compliance management with appropriate governance, as part of our sustainability management centered on carbon neutrality. We will link these economic and social values to enhance our corporate value by making the “Yamaha” brand shine.
Please confirm our medium-term management plan from the link below.
https://global.yamaha-motor.com/ir/management/mtp/
*Kando is a Japanese word for the simultaneous feelings of deep satisfaction and intense excitement that we experience when we encounter something of exceptional value.
Basic Views on Corporate Governance
To ensure the implementation of the Company’s growth strategies for the future, Yamaha Motor’s Board of Directors establishes an environment that supports management’s appropriate risk-taking and decisive decision-making activities, and multilaterally understands and appropriately oversees issues and risks associated with the implementation of the Company’s management strategies from the viewpoint of fulfilling responsibilities to various stakeholders including shareholders and investors.
This structure is designed to implement speedy and decisive decision-making, and appropriate, transparent and fair supervision and monitoring as the Company’s corporate governance. Accordingly, we formulate the following corporate governance guidelines and put them into practice in an appropriate manner.
< Corporate Governance Guidelines >
| Chapter 1 | Ensuring shareholders’ rights and equality, and basic views on dialogue with shareholders |
| Chapter 2 | Appropriate collaboration with various stakeholders |
| Chapter 3 | Appropriate information disclosure and ensuring transparency |
| Chapter 4 | Responsibilities of the Board of Directors, etc. |
| Attachment 1 | Standards for Selecting Independent Outside Directors / Audit & Supervisory Board Members |
| Attachment 2 | Policies to promote constructive dialogue with shareholders |
“Yamaha Motor’s Corporate Governance Guidelines” For the full text, please visit our website
