Yamaha Motor Co., Ltd. : Announcement of Personnel Changes in the Office of Directors and Executive Officers
January 08, 2014 at 04:09 am EST
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IWATA, December 26, 2013-Yamaha Motor Co., Ltd (Tokyo: 7272) announced the following personnel changes affecting Directors and Executive Officers approved at the Board of Directors Meeting, December 26, 2013. 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, 2014.
Changes Affecting Directors
1. New Directors candidate
Katsuaki
Watanabe
current Senior Executive Officer,
Executive General Manager of 1st Business Unit, Motorcycle
Business Operations,
and Chief General Manager of Manufacturing Center
Toshizumi Kato
current Senior Executive Officer,
President of Yamaha Motor Corporation, U.S.A
Yamaha Motor Co., Ltd. specializes in the construction and marketing of motorcycles, all terrain vehicles and boats. The group also develops engine manufacturing activity. Net sales break down by family of products as follows:
- sale of motorcycles (65.3%): 4.8 million units sold in 2022. Yamaha Motor Co., Ltd. also offers all-terrain vehicles, off-road recreational vehicles, snowmobiles and electric bicycles;
- manufacturing of marine motor equipment and watercraft (23%): ooutboard engines, jet skis, fishing boats, utility boats, etc. ;
- sale of industrial machines and robots (5.2%);
- provision of financial services (2.8%);
- other (3.7%): primarily golf carts, snow blowers, generators and multi-purpose engines and automobile engines and components.
Net sales are distributed geographically as follows: Japan (7.3%), Asia (40.1%), North America (25.3%), Europe (13.9%) and other (13.4%).