Announcement of Personnel Changes

November 13, 2015

IWATA, November 13, 2015– Yamaha Motor Co., Ltd. announces the following personnel changes, effective November 15, 2015.

Change in duties of General Manager

(Name)	(New position)	(Current position)
Inoue Masahiro	Executive Officer, Chief General Manager of Procurement Center, and General Manager of Procurement Planning Division ,Procurement Center	Executive Officer, Chief General Manager of Procurement Center