Directors, Audit & Supervisory Board Members,and Executive Officers
As of April 1, 2015

Board of Directors
F DirectorG Director

Katsuaki Watanabe
April 1982: Joined the Company
January 2004: Director of MBK Industrie
January 2005: General Director of Yamaha Motor Vietnam Co., Ltd.
January 2007: Director and President of Yamaha Motor Parts Manufacturing Vietnam
Co., Ltd.
January 2009: Senior General Manager of BD Manufacturing Section, Manufacturing
CenterMarch 2010: Executive Officer
November 2010: Chief General Manager of Manufacturing CenterMarch 2011: Senior Executive Officer
April 2013: Senior Executive Officer, Executive General Manager of 1st BusinessUnit, MC Business Operations and Chief General Manager of
Manufacturing Center
January 2014: Senior Executive Officer, Executive General Manager of 1st Business
Unit, MC Business Operations and Chief General Manager of PF
Model Unit
March 2014: Senior Executive Officer and Director, Executive General Manager of
1st Business Unit, MC Business Operations and Chief General
Manager of PF Model Unit
January 2015: Senior Executive Officer and Director, Chief General Manager of MC
Business Operations and Executive General Manager of 1st Business
Unit, MC Business Operations (to present)

IA President and Representative Director

Hiroyuki Yanagi
April 1978: Joined the Company
April 2000: General Manager of Soude Factory, Production Control Division, MCOperations and General Manager of Morimachi Factory, Production ControlDivision, MC Operations
April 2003: President of MBK IndustrieFebruary 2004: Managing Director of Yamaha Motor India Pvt. Ltd. (currently India
Yamaha Motor Pvt. Ltd.)
January 2006: Senior General Manager of China Business Operations
January 2007: Senior General Manager of SyS Operations, MC Headquarters
March 2007: Executive Officer, Senior General Manager of SyS Operations,
MC Headquarters
January 2009: Executive Officer, Executive General Manager of Manufacturing Center
March 2009: Senior Executive Officer, Chief General Manager of Manufacturing Center
November 2009: Senior Executive Officer, Senior General Manager of MC Business
Section, MC Business Operations
March 2010: President, Chief Executive Officer and Representative Director
June 2011: Director of Yamaha Corporation (to present)
January 2012: President, Chief Executive Officer and Representative Director, Chief
General Manager of MC Business Operations
January 2015: President, Chief Executive Officer and Representative Director(to present)

C Director

Kozo Shinozaki
April 1978: Joined the Company
April 1999: Vice President of Siam Yamaha Co., Ltd. (currently Thai Yamaha Motor Co., Ltd.)
April 2007: General Manager of Finance & Accounting Division
January 2009: Senior General Manager of Finance & Accounting Control, Global Corporate
Administrative Center and General Manager of Finance & Accounting
Division, Global Corporate Administrative Center
January 2010: Senior General Manager of Finance & Accounting Section and General
Manager of Finance & Accounting Division, Finance & Accounting Section
February 2010: Senior General Manager of Finance & Accounting Section
March 2010: Senior Executive Officer and Director, Senior General Manager of Finance &Accounting Section
January 2011: Senior Executive Officer and Director, Senior General Manager of Corporate
Planning & Finance Section and General Manager of Finance & Accounting
Division, Corporate Planning & Finance Section
February 2011: Senior Executive Officer and Director, Senior General Manager of Corporate
Planning & Finance Section
January 2013: Senior Executive Officer and Director, Executive General Manager ofCorporate Planning & Finance Center
March 2013: Managing Executive Officer and Director, Chief General Manager of Corporate
Planning & Finance Center (to present)

74

Yamaha Motor Co., Ltd. ⎜ Annual Report 2014

B Representative Director

Takaaki Kimura
April 1976: Joined the Company
June 1999: General Manager of R&D Division, AM Operations
April 2002: Senior General Manager of AM Operations
June 2003: Executive Officer, Senior General Manager of AM Operations
March 2005: Director, Senior General Manager of AM Operations
March 2007: Senior Executive Officer and Director, Senior General Manager of AMOperations
January 2009: Senior Executive Officer and Director, Chief General Manager of Marine
Business Operations and Executive General Manager of WV Business Unit,
Marine Business Operations
November 2009: Managing Executive Officer and Representative Director, Chief General
Manager of Marine Business Operations and Executive General
Manager of WV Business Unit, Marine Business Operations
March 2010: Senior Managing Executive Officer and Representative Director, Chief
General Manager of Marine Business Operations and Executive GeneralManager of WV Business Unit, Marine Business Operations
January 2011: Senior Managing Executive Officer and Representative Director, Chief
General Manager of Marine Business Operations
January 2012: Senior Managing Executive Officer and Representative Director, Chief
General Manager of Technology Center and Chief General Manager ofMarine Business Operations
April 2013: Senior Managing Executive Officer and Representative Director, Chief General
Manager of Technology Center, Chief General Manager of Design Center, andChief General Manager of Marine Business Operations
March 2014: Executive Vice President and Representative Director, Chief General
Manager of Technology Center, Chief General Manager of Design Center,and Chief General Manager of Marine Business Operations
July 2014: Executive Vice President and Representative Director, Chief General Managerof Technology Center and Chief General Manager of Marine BusinessOperations (to present)

D Director

Nobuya Hideshima
April 1978: Joined the Company
May 1999: General Manager of Production Control Department, Production Control Division,MC Operations
May 2001: General Manager of GSyS Planning Department, GSyS Management Division, GEMCenter, MC Operations and General Manager of GSyS Production Control
Department, GSyS Management Division, GEM Center, MC Operations
April 2003: President of Yamaha Motor Manufacturing Corporation of America
January 2006: General Manager of 3rd SyS, SyS Operations, MC Headquarters
January 2008: Senior General Manager of Procurement Operations, MC Headquarters
January 2009: Executive General Manager of Procurement Center
March 2009: Executive Officer, Executive General Manager of Procurement Center
March 2010: Senior Executive Officer, Chief General Manager of Procurement Center
March 2011: Senior Executive Officer and Director, Chief General Manager of Procurement
CenterMarch 2013: Managing Executive Officer and Director, Chief General Manager of Procurement
CenterJanuary 2014: Managing Executive Officer and Director, Chief General Manager of Engine Unit
and Chief General Manager of CS Center (to present)

IKEGCHFABJDirector (Outside)
Tamotsu Adachi

April 1977: Joined Mitsubishi Corporation
January 1988: Joined McKinsey & Company, Inc. Japan
June 1995: Partner of McKinsey & Company, Inc. Japan
March 1997: Managing Director of Business Development Department,GE Capital Japan
March 1999: President and CEO of Japan Lease Auto Co.
December 2000: President and CEO of GE Fleet Services Co.
May 2003: Managing Director and Japan Representative of Carlyle Japan LLC
June 2003: Director of Benesse Corporation (currently Benesse Holdings, Inc.)
November 2007: Managing Director and Co-Representative of Carlyle Japan LLC(to present)
June 2009: Director of Benesse Corporation (currently Benesse Holdings, Inc.)(to present)
March 2013: Director (to present)

Toshizumi Kato

H Director

Yoichiro Kojima

June 1986: Joined the Company
April 2003: Vice President of IM Company
January 2005: Director and President of Yamaha Motor Australia Pty Limited
March 2007: President of IM Company
March 2008: Executive Officer
January 2010: Senior General Manager of Sales Operations, MC Business Operations
January 2011: Director and President of Yamaha Motor Corporation, U.S.A.
March 2012: Senior Executive Officer, Director
March 2014: Senior Executive Officer and Director, Director and President of Yamaha Motor
Corporation, U.S.A.
January 2015: Senior Executive Officer and Director, Chief General Manager of Vehicle &Solution Business Operations and Senior General Manager of Financial
Service Business Development Section (to present)

April 1981: Joined the Company
October 2001: Director and President of Yamaha Motor Canada Limited
July 2006: General Manager of Sales Division, ME Company
January 2009: Executive General Manager of ME Business Unit, Marine Business Operations
March 2010: Executive Officer
March 2012: Senior Executive Officer
January 2013: Director and President of PT. Yamaha Indonesia Motor Manufacturing
March 2015: Senior Executive Officer and Director, Director and President of PT. Yamaha
Indonesia Motor Manufacturing (to present)

J Director (Outside)

K Director (Outside)

Takuya Nakata
April 1981: Joined Nippon Gakki Co., Ltd. (currently Yamaha Corporation)
October 2005: General Manager of PA/DMI Division of Yamaha Corporation
June 2006: Executive Officer of Yamaha Corporation
June 2009: Director & Executive Officer of Yamaha Corporation
April 2010: President of Yamaha Corporation of America
June 2010: Senior Executive Officer of Yamaha Corporation
June 2013: President and Representative Director of Yamaha Corporation (to present)
March 2014: Director (to present)

Atsushi Niimi
April 1971: Joined Toyota Motor Co., Ltd. (currently Toyota Motor Corporation)
June 2000: Director of Toyota Motor Corporation
June 2003: Managing Officer of Toyota Motor Corporation
June 2004: Director of Toyota Motor Corporation
June 2005: Senior Managing Director of Toyota Motor Corporation
June 2009: Executive Vice President, Member of the Board of Toyota Motor Corporation
Outside Member of the Audit & Supervisory Board of JTEKT Corporation
June 2013: Chairman & Representative Director of JTEKT Corporation (to present)
March 2015: Director (to present)

MC: Motorcycle
SyS: System Supplier
AM: Automotive
WV: Water Vehicle
GEM: Global Engineering & Manufacturing
GSyS: Global System Supplier
CS: Customer Service
CV: Commuter Vehicle
BD: Body
PF: Platform
IM: Intelligent Machinery
ME: Marine EngineD

Audit & Supervisory Board Members

E Director

Masahiro Takizawa
April 1978: Joined the Company
April 2000: General Manager of Business Planning Department, CV Operations
October 2002: Senior General Manager of China Business Operations, General Managerof Business Planning Department, MC Operations and General Managerof China Business Strategy Department, China Business Operations, MCOperations
February 2004: President of MBK Industrie
July 2007: General Manager of Corporate Planning Division
January 2009: Senior General Manager of Corporate Planning Control, Global Corporate
Administrative Center and General Manager of Corporate PlanningDivision, Global Corporate Administrative Center
March 2009: Executive Officer, Senior General Manager of Corporate Planning Control,
Global Corporate Administrative Center and General Manager of Corporate
Planning Division, Global Corporate Administrative Center
December 2009: Executive Officer, General Manager of Corporate Planning Division
March 2010: Senior Executive Officer, Senior General Manager of Corporate Planning
Section and General Manager of Corporate Planning Division, Corporate
Planning Section
January 2011: Senior Executive Officer, Chief General Manager of Business Development
Operations
March 2011: Senior Executive Officer and Director, Chief General Manager of Business
Development Operations
March 2013: Managing Executive Officer and Director, Chief General Manager ofBusiness Development Operations
January 2015: Managing Executive Officer and Director, New Business and Technology
Development Chief General Manager (to present)

Standing Audit & Supervisory Board Member
Hiroshi Ito

Standing Audit & Supervisory Board Member
Kenji Hironaga

April 1980: Joined the Company
January 2011: Director and President of Yamaha Motor Manufacturing Corporation of America
January 2015: Chief General Manager in charge of planning, Corporate Planning Division,
Corporate Planning & Finance Center
March 2015: Audit & Supervisory Board Member (to present)

April 1982: Joined the Company
February 2010: General Manager of Human Resources Development Division, Human
Resources & General Affairs Section
September 2014: Chief General Manager in charge of planning, Audit & Supervisory
Board Member’s Office
March 2015: Audit & Supervisory Board Member (to present)

Audit & Supervisory Board Member (Outside)
Isao Endo

Audit & Supervisory Board Member (Outside)
Tomomi Yatsu

April 1979: Joined Mitsubishi Electric Corporation
October 1988: Joined Boston Consulting Group
October 1992: Joined Andersen Consulting (currently Accenture)
October 1996: Partner of Andersen Consulting (currently Accenture)
September 1997: Partner and Director of Booz Allen Hamilton (currently Booz & Company)
May 2000: Managing partner of Roland Berger Japan
April 2006: Chairman of Roland Berger Japan (to present)
April 2006: Professor, Graduate School of Commerce, Waseda University (to present)
May 2011: Director of Ryohin Keikaku Co., Ltd. (to present)
March 2013: Audit & Supervisory Board Member (to present)
June 2014: Director of Sompo Japan Nipponkoa Holdings, Inc. (to present)
Director of Nisshin Steel Co., Ltd. (to present)

April 1983: Joined Tokyo Electron Limited
October 1986: Joined Tohmatsu Awoki & Sanwa (currently Deloitte Touche Tohmatsu LLC)
September 1990: Registered as a certified public accountant
November 2001: Registered as an attorney
Joined New Tokyo Law Office(currently Bingham Sakai Mimura Aizawa-Foreign Law Joint Enterprise)
April 2007: Partner of Bingham Sakai Mimura Aizawa-Foreign Law Joint Enterprise (to present)
June 2009: Outside Audit & Supervisory Board Member of CALBEE, Inc. (to present)
June 2010: Outside Audit & Supervisory Board Member of Taiko Pharmaceutical Co., Ltd.
March 2012: Outside Statutory Auditor of Kokuyo Co., Ltd. (to present)
March 2015: Audit & Supervisory Board Member (to present)

Yamaha Motor Co., Ltd. ⎜ Annual Report 201475

Directors, Audit & Supervisory Board Members, and Executive Officers

Comments from an Outside Director andOutside Audit & Supervisory Board Member
Since becoming an Outside Director last year, I have participated in Yamaha Motor’s discussions and decision-

Executive Officers
President andChief Executive Officer
Hiroyuki Yanagi

making for strategic and business planning. Yamaha Corporation, where I serve as president, obviously shares

Executive Vice President

the Yamaha brand name, but we have other common features as well, including an emphasis on theTakaaki Kimura

importance of Monozukuri, and the fact that we both provide customers around the world with products thatChief General Manager of Technology Center andChief General Manager of Marine Business Operations

enrich people’s lives. On the other hand, operations are carried out differently because of our different
business spheres, and I have learned first-hand how Yamaha Motor utilizes its unique features.
I am impressed with the strong leadership and prompt operational execution of Yamaha Motor’sManaging Executive Officer
Kozo Shinozaki

Managing Executive Officer
Nobuya Hideshima

Managing Executive Officer
Masahiro Takizawa

Chief General Manager of Corporate Planning& Finance Center

Chief General Manager of Engine Unit andChief General Manager of CS Center

New Business and Technology DevelopmentChief General Manager

Senior Executive Officer

Senior Executive Officer

Senior Executive Officer

Senior Executive Officer

value, with an awareness of returns to shareholders. Yamaha Motor’s Board of Directors provides

Katsuaki Watanabe

Toshizumi Kato

Yoichiro Kojima

Ryouichi Sumioka

appropriate answers to questions from me and my fellow Outside Directors, and respects our opinions.

Chief General Manager of Motorcycle Business
Operations and Executive General Manager of
1st Business Unit, Motorcycle Business
Operations

Chief General Manager of Vehicle & Solution
Business Operations and Senior General
Manager of Financial Service Business
Development SectionPresident of PT. Yamaha Indonesia Motor
Manufacturing

Deputy Chief General Manager ofCorporate Planning & Finance Center

management, and I believe these features have driven the success of the Company’s initiatives in emerging
markets and launches of unique new products during the past year. This type of decisive management isTakuya Nakata
Outside Director

essential if a company is to succeed amid increasingly intense global competition in a changing market
environment. At the same time, the Board of Directors needs to take a long-term view to raise corporateI will continue to offer my opinions from the perspective of a third party, based on my management
experience and expertise in a different field of business, to ensure that management decisions are notbased solely on short-term, subjective considerations, and that the Company is able to continue to growSenior Executive Officer

Senior Executive Officer

Senior Executive Officer

Hiroaki Fujita

Katsuhito Yamaji

Makoto Shimamoto

Managing Director of Yamaha Motor India
Pvt. Ltd.

Chief General Manager of Manufacturing
CenterChief General Manager of PF Model Unit andSenior General Manager of PF Model
Development Section, PF Model Unit

while controlling risks.
For Yamaha Motor’s management team, unique, highly innovative products are not simply areflection of corporate logic. Products are created from the position of what the customer actually desires.
I believe that this is what enhances Yamaha Motor’s corporate value, and I will work toward this end as an
Outside Director.

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Masato Adachi

Tsuneji Suzuki

Masaru Ono

Masaki Asano

Deputy Chief General Manager of Marine
Business Operations

President of Yamaha Motor PoweredProducts Co., Ltd.

General Director of Yamaha Motor
Vietnam Co., Ltd.

Managing Director of Yamaha Motor
India Sales Pvt. Ltd.

Corporate management requires a balance of centripetal force and centrifugal force. Overall management
vision, and strategic direction and policies, represent centripetal force and are the responsibility of

Executive Officer

Executive Officer

Executive Officer

Executive Officer

headquarters and its operations. On the other hand, the actual execution of business strategies, the creation

Yoshitaka Noda

Masahiro Inoue

Kazuhiro Kuwata

Yoshihiro Hidakaof value, and the delivery of that value to customers are activities that represent centrifugal force. TheseSenior General Manager of Component
Section, Engine Unit

Chief General Manager of Procurement
CenterPresident of Yamaha Motor Europe N.V.

Executive General Manager of 2ndBusiness Unit, Motorcycle BusinessOperations

are the responsibilities of ground-level operations around the world, and are carried out on a daily basis.
Yamaha Motor is a global company that is engaged in a diverse range of businesses. This meansthat while the importance of presenting a clear overall vision, as centripetal force, to maintain thecohesiveness of the company cannot be overstated, it is also true that the independence and creativity of

Executive Officer

Executive Officer

Executive Officer

Executive Officer

Tatsumi Okawa

Junzo Saitoh

Akihiro Nagaya

Heiji Maruyama

President of Yamaha Motor Corporation,U.S.A.

Chief General Manager of Human Resources& General Affairs Center

Chief General Manager of Design Center

Executive General Manager ofAutomotive Business Unit andDeputy Chief General Manager ofEngine Unit

ground-level operations, which are in direct contact with markets and customers and are directly exposed
Isao Endo
Outside Audit & Supervisory
Board Member

to fierce competition, are the centrifugal force that drives Yamaha Motor.
As an Outside Audit & Supervisory Board Member, I offer advice on how to balance this centripetal
force and centrifugal force, both in terms of what the appropriate role should be for headquarters and its
operations, and how to maximize the capabilities of ground-level operations engaged in carrying out the76

Executive Officer

Executive Officer

Hirofumi Usui

Satohiko Matsuyama

Senior General Manager of Marketing
Section, Marine Business Operations

Executive General Manager of Recreational
Vehicle Business Unit, Vehicle & Solution Business
Operations and General Manager of Business
Promotion Division, Recreational Vehicle BusinessUnit, Vehicle & Solution Business Operations

Yamaha Motor Co., Ltd. ⎜ Annual Report 2014business in the market.
Yamaha Motor is exceptional in its passion for creating Kando, or a sense of excitement, around the
CS: Customer Service
PF: Platformworld. There are no limits to the potential that this holds, and I believe that Yamaha Motor can become aneven greater company. As a member of Yamaha, I will work to contribute to the realization of that potential.

Yamaha Motor Co., Ltd. ⎜ Annual Report 201477