Announcement of Personnel Changes in the Office of Directors and Executive Officers

April 19, 2013

Yamaha Motor Co., Ltd. announces the following personnel changes affecting Directors and Executive Officers approved at the Board of Directors meeting, April 19, 2013.

Change in duties of Director

(Name)	(New position)	(Current position)
Takaaki Kimura	Senior Managing Executive Officer and Representative Director of Yamaha Motor Co., Ltd., Chief General Manager of Technology Center, Chief General Manager of Design Center and Chief General Manager of Marine Business Operations	Senior Managing Executive Officer and Representative Director of Yamaha Motor Co., Ltd., Chief General Manager of Technology Center and Chief General Manager of Marine Business Operations

Changes in duties of Executive Officers

(Name)	(New position)	(Current position)
Katsuaki Watanabe	Senior Executive Officer of Yamaha Motor Co., Ltd., Executive General Manager of 1st Business Unit, Motorcycle Business Operations and Chief General Manager of Manufacturing Center	Senior Executive Officer of Yamaha Motor Co., Ltd., Chief General Manager of Manufacturing Center
Katsuhito Yamaji	Executive Officer of Yamaha Motor Co., Ltd., Deputy Chief General Manager of Manufacturing Center and Senior General Manager of Engine Manufacturing Section, Manufacturing Center	Executive Officer of Yamaha Motor Co., Ltd., Senior General Manager of Engine Manufacturing Section, Manufacturing Center