Integrated Report 2021(For the year ended December 31, 2020)

Structure for Information DisclosureFinancial InformationNon-Financial Information• Corporate Website• Technical Review• Sustainability-Related Information• Corporate Governance Report governance/pdf/corporate_governance-e.pdf• Information for Investors• Securities Report (in Japanese only)• Fact Book Report 2021About Integrated Report 2021Yamaha Motor began publishing integrated reports in fiscal 2019 to help shareholders, investors, and various other stakeholders develop a better understanding of the Company’s efforts to create value from a medium- to long-term perspective. I hope Integrated Report 2021 will give readers an understanding of Yamaha Motor’s stance toward addressing important societal issues and the approach the Company takes toward creating value.This report was created referencing the International Integrated Reporting Council (IIRC)’s International Integrated Reporting Framework and the Guidance for Integrated Corporate Disclosure and Company–Investor Dialogue for Collaborative Value Creation (Guidance for Collaborative Value Creation) released by Japan’s Ministry of Economy, Trade and Industry. After compiling the policies of the Company, each department was asked for their earnest cooperation in creating this report, and I declare that the pro-cess of preparing it to be appropriate and the information contained herein to be accurate.Going forward, Yamaha Motor will continue striving to create sustainable environmental and social value as well as raise corporate value through constructive interactions with its stakeholders. Upon reading this year’s report, I ask for your honest feedback regarding its contents along with any opinions you may have regarding the Company’s management. Thank you for your ongoing support of Yamaha Motor.Editorial PolicyThis report was prepared and edited to give shareholders, investors, and other stakeholders a multifaceted understanding of Yamaha Motor’s sustainable growth.Financial, sustainability-related, product, and other informa-tion not contained in this report is available on Yamaha Motor’s official website. Please note that the “2021” in the title refers to the year this report was published.ScopeThis report covers Yamaha Motor Co., Ltd., its 142 subsidiaries, and its 29 affiliates (as of December 31, 2020). Notification is given when the scope used in calculating the data provided in this report differs from this.Reporting PeriodThis report covers the period from January 1 to December 31, 2020. Information on some activities taking place after January 1, 2021 is also provided.Notice Regarding Forward-Looking StatementsThe statements in this report, except for historical facts, are forward-looking statements about the future performance of the Company and its Group companies. These state-ments 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 significantly 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 fluctuations.Yoshihiro HidakaPresident, Chief Executive Officer and Representative Director2Yamaha Motor Co., Ltd. Integrated Report 2021

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