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Basic Corporate Governance Policies

The following describes our basic corporate governance policies.

Basic Corporate Governance Policies

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 carry out measures to achieve sustainable growth and enhancement of corporate value under our Long-term Vision, with an eye on the 2030 and the Medium-Term Management Plan that runs for three years from 2019.
Specifically, we carry out strategic investments for growth in such efforts as “Rethinking Solution” unique to Yamaha and “Transforming Mobility,” as we implement “Advancing Robotics” as our core technologies. We also expand human possibilities and contribute to the realization of better society and more fulfilling life (through our concept of “ART for Human Possibilities”).
Under the medium-term management target, we will take on the renewed challenge of achieving net sales of JPY2 trillion by continuing to grow our existing businesses and developing new ones, targeting an operating income ratio at the 9% level. At the same time, we will enhance returns to our shareholders.

*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.

< 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 officers
Attachment 2 Policies to promote constructive dialogue with shareholders

"Yamaha Motor's Corporate Governance Guidelines" For the full text, please refer to the following page.

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