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Announcement of Personnel Changes

October 12, 2012

Yamaha Motor Co., Ltd. announces the following personnel changes, effective October 15, 2012.

	Change in duties of Senior Executive Officer

	(Name)	(New position)	(Current position)

	Yoichiro Kojima	Senior Executive Officer PT. Yamaha Indonesia Motor Manufacturing	Senior Executive Officer Executive General Manager of Marine Engine Business Unit, Marine Business Operations

	Change in duties of General Managers

	(Name)	(New position)	(Current position)

	Tatsumi Okawa	Executive General Manager of Marine Engine Business Unit, Marine Business Operations	General Manager of Corporate Planning Division, Corporate Planning & Finance Section

	Takahiko Matsushita	General Manager of Corporate Planning Division, Corporate Planning & Finance Section	Senior Manager of Corporate Planning Division, Corporate Planning & Finance Section

	Yukihiro Ozaki	General Manager of Marketing & Sales Division, 1st Business Unit, Motorcycle Business Operations	Thai Yamaha Motor Co., Ltd.

	Masafumi Hirama	General Manager of Marketing & Sales Division, 3rd Business Unit, Motorcycle Business Operations	Manager of Marketing & Sales Division, 3rd Business Unit, Motorcycle Business Operations

	Yoshiyuki Matsumoto	General Manager of Robot Business Division, IM Business Unit, Business Development Operations	Manager of Robot Business Division, IM Business Unit, Business Development Operations

	Abbreviations;
	IM: Intelligent Machinery
	Main businesses of the group companies referenced above;
	PT. Yamaha Indonesia Motor Manufacturing: Manufacture and sales of motorcycles in Indonesia
	Thai Yamaha Motor Co., Ltd.: Manufacture and sales of motorcycles in Thailand