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Corporate Social Responsibility (CSR) - Yamaha - Global

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Proactive Investor Relations Efforts to<br />

Promote Understanding of the Company<br />

<strong>Yamaha</strong> Corporation adheres to a disclosure policy that ensures fair and timely<br />

disclosure of information to institutional and individual investors around the world.<br />

In addition to holding quarterly results conferences for institutional investors in Japan,<br />

<strong>Yamaha</strong> conducts conferences and briefings for individual business segments as well as<br />

factory and facility tours on occasion. For institutional investors in other countries, along<br />

with making available English translations of all information provided to institutional investors<br />

in Japan, we visit investors overseas several times a year to foster mutual understanding<br />

through direct communication.<br />

For individual shareholders <strong>Yamaha</strong> runs a special benefit plan designed to encourage<br />

more shareholders to become active proponents of <strong>Yamaha</strong>'s products and philosophy.<br />

Additionally, we utilize our website to provide corporate information in an easy-tounderstand<br />

format, distribute an e-mail magazine with important information, and are<br />

stepping up other activities, including <strong>Yamaha</strong>'s active participation in events for individual<br />

shareholders.<br />

Through these initiatives, we work to enhance communication with investors, and use<br />

the results of feedback and other information gained to improve investor relations activities<br />

and management performance.

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