Presentation of the New Medium-Term Management Plan Make Waves 2.0

Presenter: Takuya Nakata, President and Representative Executive Officer

Yamaha New Medium-Term Management Plan

Review of Previous Medium-Term Management Plan “Make Waves 1.0”

A New Society Brought about by Business Environmental Changes

Make Waves 2.0

Medium-Term Management Plan Basic Policy

Materiality*1 and Medium-Term Management Plan Policies

Medium-Term Management Plan Policies and Key Themes

Key Theme 1-(1): Develop Closer Ties with Customers

Key Theme 1-(2): Create New Value

Key Theme 1-(3): Be More Flexible and Resilient

Key Theme 2-(1) Environment

Key Theme 2-(2) Society

Key Theme 2-(3) Culture

Key Theme 3: Enable Yamaha Colleagues to Be More Valued, More Engaged and More Committed

Management Targets (Non-Financial Targets)

Management Indicators (Financial Indicators)

Growth Trajectory (by business and region)


Business Portfolio and Direction

Strategy by Business

Musical Instruments Business Broader

Musical Instruments Business Closer and Everlasting

Musical Instruments Business Points by Business Unit

Audio Equipment Business Strategy

Audio Equipment Business For Business Use

Audio Equipment Business For Consumer Use

Industrial Machinery and Components Business


In this report, the divs forecast for the Company's future performance have been calculated on the basis of information currently available to Yamaha and the Yamaha Group. Forecasts are, therefore, subject to risks and uncertainties. Accordingly, actual performance may differ greatly from our predictions depending on changes in operating and economic conditions, demand trends, and the value of key currencies, such as the U.S. dollar and the euro.