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Announcement of Organizational and Personnel Changes

March 14, 2008

Yamaha Motor Co., Ltd. (the "Company") today announced the following organizational and personnel changes, effective March 15, 2008.

1. Organizational changes (effective March 15, 2008)

The Company has established a Marine Production Division within Marine Operations by integrating production management, procurement and the mold business. The new division will serve to further strengthen the Company's manufacturing function and optimize manufacturing costs.

2. Changes in duties of General Managers (effective March 15, 2008)

(Name)

(New position)

(Current position)

Masanori Suzuki

General Manager of General Affairs Division

Manager of Corporate Planning Division

Kazuhiro Uchino

General Manager of Marine Production Division, Marine Operations

Senior Manager of Business Division 1, Marine Operations

Seiya Nakamura

General Manager of Overseas Marketing Division, Parts Operations

Yamaha Motor Corporation, U.S.A.

3. 

Personnel changes in group companies

(Name)

(New position)

(Current position)

Haruo Tatsumi

President and Representative Director of Toyo Seiki Co., Ltd.
(effective March 14, 2008*)

Senior Managing Director of Toyo Seiki Co., Ltd.

Takahiko Saito

President and Representative Director of YS Co., Ltd.
(effective March 20, 2008*)

General Manager of General Affairs Division

Akihisa Shimizu

President and Representative Director of Sunward International, Inc.
(effective March 18, 2008*)

General Manager of Overseas Marketing Division, Parts Operations

Takuya Watanabe

President and Representative Director of Yamaha Motor Solutions Co., Ltd.
(effective March 14, 2008*)

Managing Director of Yamaha Motor Solutions Co., Ltd.

Toshiharu Seko

President and Representative Director of Sugo Co., Ltd.
(effective March 17, 2008*)

Senior Manager of Public Relations Division

*

Formal election of the new President and Representative Director of each group company is scheduled on approval of that company's Ordinary General Meeting of Shareholders.

Major business lines of the group companies referenced above:

Yamaha Motor Corporation,U.S.A.:

Import and sales of Yamaha products in the U.S.

Toyo Seiki Co., Ltd.:

Manufacture of precision gears, transmissions and other products for motorcycles, automobiles and marine products

YS Co., Ltd.:

Health and welfare services for Yamaha Motor, leasing business on consignment

Sunward International, Inc.:

Sales of imported products, exported products and products for domestic market

Yamaha Motor Solutions Co., Ltd.:

Development, operation and maintenance of computer and information systems

Sugo Co., Ltd.:

Management and operation of Sportland Sugo (owned by Yamaha Motor) on consignment

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