Yamaha Motor: Announcement of Personnel Changes in the Office of Executive Officers

December 27, 2016

IWATA, December 27, 2016 - Yamaha Motor Co., Ltd (Tokyo: 7272) announced the following personnel changes affecting Executive Officers approved at today’s Board of Directors Meeting. These changes will be effective following official approval at the Board of Directors Meeting to be held immediately after the Ordinary General Meeting of Shareholders scheduled for the end of March, 2017.

Changes Affecting Director

1.New Director candidates

Katsuhito Yamaji	Current Senior Executive Officer, Chief General Manager of Manufacturing Center
Makoto Shimamoto	Current Senior Executive Officer, Chief General Manager of PF Model Unit, and Senior General Manager of PF Model Development Section, PF Model Unit * scheduled to be Chief General Manager of Technology Center, and Chief General Manager of PF Model Unit (January 1, 2017)
Yoshihiro Hidaka	Current Executive Officer,　Executive Chief General Manager of 1st Business Unit, Motorcycle Business Operations * scheduled to be Chief General Manager of Corporate Planning & Finance Center (January 1, 2017)
Genichi Tamatsuka (outside)

2.Resignations of Director

Kozo Shinozaki	Current Managing Executive Officer and Director, Chief General Manager in charge of Developed Countries Motorcycles Reform, and Chief General Manager of Corporate Planning & Finance Center
Nobuya Hideshima	Current Managing Executive Officer and Director, Chief General Manager of Engine Unit

Changes Audit & Supervisory Board Member

3.New Audit & Supervisory Board Member candidates

Masahiko Ikaga (Outside)

4.Resignations of Audit & Supervisory Board Member

Isao Endo (Outside)

Changes Affecting Executive Officers

5.Changes in positions of Executive Officers

Yoshihiro Hidaka	Senior Executive Officer　(current Executive Officer, Executive Chief General Manager of 1st Business Unit, Motorcycle Business Operations) * scheduled to be Chief General Manager of Corporate Planning & Finance Center (January 1, 2017)
Masaru Ono	Senior Executive Officer　(current Executive Officer, Chief General Manager of CS Center and Senior General Manager of Spare Parts Section, CS Center) * scheduled to be Chief General Manager of CS Center (January 1, 2017)
Masahiro Inoue	Senior Executive Officer　(current Executive Officer, Chief General Manager of Procurement Center and General Manager of Procurement Planning Division and Senior General Manager of Cost Innovation Section, PF Model Unit) * scheduled to be Chief General Manager of Procurement Center and Senior General Manager of Cost Innovation Section, PF Model Unit(January 1, 2017)
Junzo Saitoh	Senior Executive Officer　(current Executive Officer, Chief General Manager of Human Resources & General Affairs Center)

6.New Executive Officers candidates

Toshihiro Nozue	Current Senior General Manager of Development Section, Marine Engine Business Unit, Marine Business Operations and General Manager of Design Division, Development Section, Marine Engine Business Unit, Marine Business Operations * scheduled to be Executive Chief General Manager of Marine Engine Business Unit, Marine Business Operations(January 1, 2017)
Satoshi Hirose	Current Senior General Manager of Manufacturing Planning Section, Manufacturing Center * scheduled to be Deputy Chief General Manager of Manufacturing Center and Senior General Manager of Engine Manufacturing Section, Manufacturing Center (January 1, 2017)

7.Resignations of Executive Officers

Ryoichi Sumioka	Current Senior Executive Officer, Deputy Chief General Manager of Corporate Planning & Finance Center

Abbreviations;
・PF = Platform
・CS = Customer Service