In addition to the Long-Term Vision and the strategies to achieve it contained in the new Medium-Term Management Plan (both formulated in December 2018), the Integrated Report 2018 contains a wealth of information about how we will grow going forward through environmental, social, and governance (ESG) initiatives. This report is edited to give shareholders, investors, and other stakeholders a multifaceted understanding of Yamaha Motor’s sustainable growth. The report was edited referencing the IIRC’s International Integrated Reporting Framework (released in December 2013) and the Ministry of Economy, Trade and Industry’s Guidance for Collaborative Value Creation. Financial, sustainability-related, product, and other information not contained in this report is available on Yamaha Motor’s ofcial website.Editorial PolicyNotice Regarding Forward-Looking StatementsThe statements in the Integrated Report, except for historical facts, are forward-looking statements about the future performance of the Company and its Group companies. These are based on management’s assumptions and beliefs in light of the information currently available, and involve risks and uncertainties. Please be advised that actual results may differ signicantly from those discussed in the forward-looking statements.Potential risks and uncertainties include, but are not limited to, general economic conditions in Yamaha Motor’s major markets, changing consumer preferences, and currency exchange rate uctuations.CONTENTSOn the Publishing of the Integrated Report.....................................................2Creating ValueA Track Record of Creating Value..................................................................4Company Overview......................................................................................6Financial and Non-Financial Highlights..........................................................8Identifying Important Social Issues..............................................................10Yamaha Motor’s Process for Creating Value.................................................12Important Capital That Forms Yamaha Motor’s Strengths..............................14Value Created through Our Businesses........................................................16Initiatives to Address Important Social Issues...............................................18From the President.....................................................................................20Message from the Director, Chief General Manager of Corporate Planning & Finance Center......................................................31Business StrategyLand Mobility.............................................................................................32Marine Products........................................................................................34Robotics....................................................................................................36Activities to Support Value CreationGlobal Brand Strategy.................................................................................38Design......................................................................................................40Research and Development........................................................................42Intellectual Property Strategy......................................................................44IT Strategy.................................................................................................46Manufacturing...........................................................................................48Marketing..................................................................................................50Human Resources Development.................................................................52Corporate Governance to Support GrowthMessage from the Chairman of the Board of Directors..................................54Dialogue between Outside Directors............................................................56Corporate Governance................................................................................60Directors and Audit & Supervisory Board Members......................................66Composition of Directors and Audit & Supervisory Board Members...............68Executive Ofcers......................................................................................69Risk Management......................................................................................70SustainabilityThe Environment........................................................................................72The Community.........................................................................................74Financial and Corporate InformationFinancial Highlights....................................................................................76Ten-Year Summary....................................................................................78Management Discussion and Analysis of Operations....................................80Organization..............................................................................................85Investor Information...................................................................................86Structure for Information DisclosureFinancial informationNon-nancial informationIntegrated Report 2018A report that balances nancial and non-nancial information regarding the Yamaha Motor Group’s business activities in an easy-to-understand format• Securities Report (Japanese only)• Information for Investorshttps://global.yamaha-motor.com/ir/• Fact Book• Corporate Websitehttps://global.yamaha-motor.com/• Technical Reviewhttps://global.yamaha-motor.com/about/technical_review/• Sustainability-related Information Environment-related Informationhttps://global.yamaha-motor.com/about/csr/• Corporate Governance ReportYamaha Motor Co., Ltd. Integrated Report 20183
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