INCREASINGCORPORATE VALUETHROUGHSUSTAINABLEGROWTHYamaha Motor Co., Ltd. is a multinational enterprise with around 140 consolidated subsidiaries and equity-method affiliates in approximately 30 countries and regions, and about 90% of our consolidated net sales are derived from overseas markets. We operate global development, production and sales networks, and our products are sold in more than 180 countries and regions. We have successfully diversified our business by capitalizing on our world-leading powertrain, chassis and hull, electronic control, and manufacturing technologies. Today, our proprietary technologies extend to a wide variety of products, including motorcycles, marine products, power products, and surface mounters. We will work on the growth of existing businesses and the development of new businesses to contribute to the resolution of social issues and achieve further growth.

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