September 1, 2021

For Immediate Release

Company Name: YAMAHA CORPORATION

President and Representative Executive Officer: Takuya Nakata

Code Number: 7951 (First Section of Tokyo Stock Exchange)

Notice Concerning the Status of Acquisition of Treasury Stock

(Acquisition of Treasury Stock Pursuant to the Articles of Incorporation Based on the Provision of Article

165, Paragraph 2 of the Companies Act)

Yamaha Corporation (hereinafter, the Company) announces that the status of acquisition of treasury stock based on the application of the provisions of Article 156 of Japan's Companies Act pursuant to the rewording of Article 165- 3.

1. Type of shares acquired

: Common shares of the Company

2. Number of shares acquired

: 2,619,100 shares

3. Amount of acquisition

: ¥16,732,980,994

4. Acquisition period

: August 24, 2021 to August 31, 2021 (Trade Base)

5. Acquisition method

: Purchase on the Tokyo Stock Exchange market

(Including Off-Auction Own Share Repurchase Trading (ToSTNeT-3))

(Reference)

  1. Details of resolution at the Board of Directors meeting concerning the acquisition of treasury stock (announced on August 23, 2021)
  • Type of shares to be acquired: Common stock of the Company
  • Total number of shares to be acquired: 6,000,000 shares (maximum) (Representing 3.4% of outstanding shares, excluding treasury shares)
  • Total amount of acquisition: ¥28.0 billion (maximum)
  • Acquisition period: August 24, 2021 to February 28, 2022
  • Acquisition method: Purchase on the Tokyo Stock Exchange market (Including Off-Auction Own Share Repurchase Trading (ToSTNeT-3))
  1. Total number of treasury shares acquired since the above resolution at the Board of Directors meeting and total amount of acquisition cost
    • Total number of shares acquired: 2,619,100 shares
    • Total amount of acquisition cost: ¥16,732,980,994

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For further information, please contact:

Yamaha Corporation

Corporate Communications Division, Media Relations Group

Contact form: https://inquiry.yamaha.com/contact/?act=55&lcl=en_WW

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Yamaha Corporation published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 08:01:06 UTC.