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New Organizational Reforms and Personnel Changes at Yamaha Motor

March 31, 2022

IWATA, March 31, 2022--Yamaha Motor Co., Ltd. (Tokyo: 7272) has resolved to implement the following organizational reforms and personnel changes, effective, April 1, 2022.

Organizational Reforms

1. Technical Research & Development Center

The New Venture Business Development & R&D Strategy Section will be reorganized for the purpose of further technological development of forest measurement technologies.


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The Forestry Management Division of the Unmanned System Business Development Section will be transferred under the New Venture Business Development & R&D Strategy Section.

2. PF Model Unit

The PF Model Development Section will be reorganized for the purpose of improving operational efficiency and human resource mobility.


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The PF Planning Division and the Testing Planning Division will be integrated to form the PF Planning Division.

Personnel changes

1. Change in duties of Deputy Executive Officers

(Name) (New Position) (Current Position)
Ben
Speciale
Deputy Executive Officer
Senior Vice President of Yamaha
Motor Corporation, U.S.A.,
and President of Skeeter Products, Inc.,
and President of Siren Marine Inc.
Deputy Executive Officer
Senior Vice President of Yamaha
Motor Corporation, U.S.A.,
and President of Siren Marine Inc.

2. Changes in duties of General Managers

(Name) (New Position) (Current Position)
KATOU,
Kaoru
General Manager of Forestry Management Division, New Venture Business Development & R&D Strategy Section,
Technical Research & Development Center
General Manager of Forestry Management Division, Unmanned System Business Development Section, Solution Business Operations
MIYAKOZAWA,
Ooki
General Manager of PF Planning Division, PF Model Development Section, PF Model Unit General Manager of PF Planning Division, PF Model Development Section, PF Model Unit,
and General Manager of Testing Planning Division, PF Model Development Section, PF Model Unit

3. Personnel Changes at Group Companies

(Name) (New Position) (Current Position)
TAKAGI,
Toshiyuki
President of Yamaha Amakusa Manufacturing Co., Ltd.
(made effective by approval at the Ordinary General Meeting of Shareholders held on March 22, 2022)
Yamaha Amakusa Manufacturing Co., Ltd.
MURAKAWA,
Akitoshi
President of Nishi Nippon Skytech Co., Ltd.
(made effective by approval at the Ordinary General Meeting of Shareholders held on March 15, 2022)
Nishi Nippon Skytech Co., Ltd.
YAMAGUCHI,
Kouji
President of Yamaha Motor Hydraulic System Co., Ltd.
(made effective by approval at the Ordinary General Meeting of Shareholders held on March 21, 2022)
Yamaha Motor Hydraulic System Co., Ltd.
Dean
Burnett
President of Yamaha Motor Canada Ltd.,
and President of Yamaha Motor Finance Canada Ltd.
Vice President of Yamaha Motor Corporation, U.S.A.,
and President of Skeeter Products, Inc.
OKANO,
Atsuhiko
Chairman of Yamaha Motor (China) Co., Ltd. Yamaha Motor (China) Co., Ltd.
NIHEI,
Hideharu
Chairman of Yamaha Robotics Engineering Asia Co., Ltd. Yamaha Robotics Engineering Asia Co., Ltd.
SHIMURA,
Tatsuya
Chairman of Yamaha Robotics Taiwan Co., Ltd. Yamaha Robotics Taiwan Co., Ltd.

Abbreviation of Division Names:
・PF =Platform

Main businesses of the group companies referenced above;
・Yamaha Motor Corporation, U.S.A.: Import and sales of Yamaha Motor products in the U.S.A
・Skeeter Products, Inc.: Manufacturing/Sales of FRP/Aluminum Boats
・Siren Marine Inc.: Sales of connected devices andmanagement/operation of the connected boatsplatform (Apps)
・Yamaha Amakusa Manufacturing Co., Ltd.: Manufacture of FRP boats, and development & manufacture of floating dock
・Nishi Nippon Skytech Co., Ltd.: Sale and maintenance of industrial unmanned helicopters, and training of operators
・Yamaha Motor Hydraulic System Co., Ltd.: Manufacture of shock-absorbing equipment for motorcycle, automobile suspensions, outboard motor hydraulic systems, etc.
・Yamaha Motor Canada Limited: Import and sales of Yamaha Motor products in Canada
・Yamaha Motor Finance Canada Ltd.: Provide Dealer Finance and Retail Finance
・Yamaha Motor (China) Co., Ltd.: China Headquarters for Yamaha Motor, in charge of import, export and wholesale of Yamaha Motor products, and export of parts from China
・Yamaha Robotics Engineering Asia Co., Ltd.: Design and development of software for semiconductor manufacturing equipment
・Yamaha Robotics Taiwan Co., Ltd.: Sales promotion and maintenance services for semiconductor manufacturing equipment

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