Notification of Change in Representative Director of Yamaha Corporation

The Board of Directors of Yamaha Corporation, at its meeting held on April 30, 2013, decided on the following change in the representative director. This appointment will be finalized at the meeting of the Board of Directors to be held on June 26, 2013, following the 189th Ordinary General Shareholders’ Meeting.

1. Changes in position

New Position Name Previous Position
  Mitsuru Umemura President and
Representative Director
President and
Representative Director
Takuya Nakata Senior Executive Officer

Note: Mitsuru Umemura is scheduled to become Special Corporate Adviser on June 26.

2. Reason for changes

Accompanying the start of Yamaha’s new medium-term management plan, Yamaha Management Plan 2016, the Company will work to further grow and develop its business activities under a revitalized executive team led by a president from a younger generation.

3. Profile of the new president

Please refer to the separate attachment.

4. Date for change (Scheduled)

June 26, 2013

For further information, please contact:

Yamaha Corporation
Corporate Communications Division, Public Relations Group
Email: pr-contacts@gmx.yamaha.com
Telephone: +81-3-5488-6601
Facsimile: +81-3-5488-5060

Profile of New President

Name: Takuya Nakata
Born: June 8, 1958
Education: Bachelor of Arts in Law of Keio University, March 1981
Work experience: April 1981 Joined Nippon Gakki Co., Ltd. (presently Yamaha Corporation)
October 2005 General Manager of Pro Audio & Digital Musical Instruments Division
June 2006 Executive Officer
June 2009 Director and Executive Officer
April 2010 President of Yamaha Corporation of America
June 2010 Senior Executive Officer of Yamaha Corporation (to present)
March 2013 Deputy Senior General Manager of Musical Instruments & Audio Products Sales & Marketing Group of Yamaha Corporation (to present)
June 2013 Scheduled to become President and Representative Director of Yamaha Corporation