Yamaha Motor: Announcement of Personnel Changes in the Office of Executive Officers
December 24, 2019 at 02:41 am EST
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December 24,2019
IWATA, December 24,2019-Yamaha Motor Co., Ltd. (Tokyo: 7272) hereby announces that, at the Board of Directors meeting held on Tuesday, December 24, 2019, the Company has determined the following executive and executive officer movements.
The appointments of these executives and executive officers will be formally decided at the Ordinary General Meeting of Shareholders scheduled to be held in late March 2020, and the subsequent Board of Directors meeting.
Director Appointment Movements (Late March 2020)
Tetsuji Ohashi (External)
Genichi Tamatsuka (External)
Executive Officer Appointments Movement (Late March 2020)
Eric de Seynes
Senior Executive Officer
(Currently: Executive Officer, and President of Yamaha Motor Europe N.V.)
Minoru Morimoto
Senior Executive Officer
(Currently: Executive Officer, and President of Yamaha Indonesia Motor Manufacturing)
Kotaro Ueda
Current: Senior General Manager of Production Engineering Section, Manufacturing and Production Engineering Center
* Deputy Chief General Manager of Manufacturing and Production Engineering Center,
and Senior General Manager of Manufacturing Section, Manufacturing and Production Engineering Center, Effective from January 1, 2020
Eishin Chihana
Current: Executive Chief General Manager of 1st Business Unit, Motorcycle Business Operations
*Senior General Manager of 3S Advanced Countries Section, Motorcycle Business Operations, Effective from January 1, 2020
Hiroaki Fujita
Current: Senior Executive Officer, and Chief General Manager of Advanced Technology Center
Deputy Executive Officer Movements (Late March 2020)
Ben Speciale
Current: Senior Vice President of Yamaha Motor Corporation, U.S.A.,
and President of US Marine Business Unit
Jeffrey Young
Current: President of Yamaha Motor Finance Corporation, U.S.A.
Michael Chrzanowski
Current: President of Yamaha Motor Manufacturing Corporation of America
Fellow Movements (Effective from April 1, 2020)
Junichi Inami
Current: Senior General Manager of EM Development Section, Mobility Technology Center,
and General Manager of EM Engineering Planning Division, EM Development Section, Mobility Technology Center
*Senior General Manager of EM Technology Section, Mobility Technology Center
and General Manager of EM Strategy Division, EM Technology Section, Mobility Technology Center, Effective from January 1, 2020
(Abbreviation of division name)
- EM = Electric Mobility
Main businesses of the group companies referenced above;
- Yamaha Motor Europe N.V.; Number of employees and Financial Result is YME consolidated figure. (Including YME's Branches and Subsidiaries)
- PT. Yamaha Indonesia Motor Manufacturing; Sales/Manufacturing of Yamaha Products
- Yamaha Motor Corporation, U.S.A.; Imports/Sales of Yamaha Products
- Yamaha Motor Finance Corporation, U.S.A.; Provide Dealer Finance and Retail Finance
- Yamaha Motor Manufacturing Corporation of America; Development/Manufacturing of GC, WV and ATV
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Yamaha Motor Co. Ltd. published this content on 24 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2019 07:40:08 UTC
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%).