Announcement of Organizational Reforms and Personnel Change

June 14, 2012

Yamaha Motor Co., Ltd. announces the following organizational and personnel changes, effective June 15, 2012.

	Organizational changes
	<Smart Power Vehicle Business Unit, Business Development Operations> To further vitalize and streamline our development functions, the current "Vehicle Development Division" and "Component Development Division" will be reorganized into the "1st Development Division" and "2nd Development Division."

Personnel changes

(Name)	(New position)	(Current position)

Kazuhiro Murata	General Manager of 1st Development Division, Smart Power Vehicle Business Unit, Business Development Operations	General Manager of Component Development Division, Smart Power Vehicle Business Unit, Business Development Operations
Takao Koya	General Manager of 2nd Development Division, Smart Power Vehicle Business Unit, Business Development Operations	General Manager of Vehicle Development Division, Smart Power Vehicle Business Unit, Business Development Operations