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

December 27, 2018

IWATA, December 27, 2018—Yamaha Motor Co., Ltd. (Tokyo: 7272) announced the following personnel changes affecting Directors and 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 2019.

Changes Affecting Directors (late March 2019)

1．New Director candidate

Yuko Tashiro (Outside)

2．Director resignations

Atsushi Niimi (Outside)

Changes Affecting Corporate Auditors (late March 2019)

3．New Corporate Auditor candidates

Junzo Saito	Current Senior Executive Officer, Chief General Manager of Human Resources & General Affairs Center
Masatake Yone (Outside)

4．Corporate Auditor resignations

Hiroshi Ito	Current Standing Audit & Supervisory Board Member
Tomomi Yatsu (Outside)

Changes Affecting Executive Officers (late March 2019)

5．Changes in positions of Executive Officers

Katsuhito Yamaji	Managing Executive Officer (Current Senior Executive Officer, Chief General Manager in charge of Manufacturing, Procurement and Powertrain) *Chief General Manager in charge of Manufacturing, Manufacturing Technology, Procurement and Powertrain effective January 1, 2019.
Heiji Maruyama	Senior Executive Officer (Current Executive Officer, Deputy Chief General Manager of Powertrain Unit, and Chief General Manager in charge of Automotive Business, and Chief General Manager in charge of NLV Business Development) *Chief General Manager of Powertrain Unit, and Senior General Manager of Powertrain Planning Section, Powertrain Unit, and Chief General Manager in charge of Automotive Business, and Chief General Manager in charge of Mobility Planning, Mobility Technology Center effective January 1, 2019.
Satohiko Matsuyama	Senior Executive Officer (Current Executive Officer, Chief General Manager of Manufacturing Center and Senior General Manager of Manufacturing Planning Section, Manufacturing Center) *Chief General Manager of Manufacturing and Production Engineering Center effective January 1, 2019.

6．New Executive Officer candidates

Norio Yamada	Current General Manager of Process & IT Division, Corporate Planning & Finance Center *Chief General Manager of IT Center effective January 1, 2019.
Tatsuya Masuda	Current Senior General Manager of Strategy Planning Section, Procurement Center *Chief General Manager of Procurement Center effective January 1, 2019.
Kenichi Muraki	Currently at Thai Yamaha Motor Co., Ltd. and President of Yamaha Motor Parts Manufacturing (Thailand) Co., Ltd. *Chief General Manager of Manufacturing Technology Center effective January 1, 2019.

7．Executive Officer resignations

Yoichiro Kojima	Current Senior Executive Officer, Chairman of Yamaha Motor Europe N.V.
Masahiro Inoue	Current Senior Executive Officer, Chief General Manager of Procurement Center
Yoshitaka Noda	Current Executive Officer, Chief General Manager of Powertrain Unit

Abbreviations
・AM = Automotive
・NLV = New Land Vehicle


Main businesses of the group companies referenced above
・Thai Yamaha Motor Co., Ltd.: Manufacture and sales of motorcycles in Thailand
・Yamaha Motor Parts Manufacturing (Thailand) Co., Ltd.: Manufacture of motorcycle parts in Thailand
・Yamaha Motor Europe N.V.: Import and sales of Yamaha Motor products in the Netherlands as well as marketing, product development, financing and other businesses in Europe