Analyst and Investor Briefing on the First Half of the Fiscal Year Ending March 31, 2006 (April 1, 2005 to September 30, 2005)

[ Image ] Presenter:Shuji Ito President & Representative Director Yamaha Corporation

Presenter:Shuji Ito President & Representative Director Yamaha Corporation

 Q&As on the presentation

Analyst and Investor Briefing on the First Half of the Fiscal Year Ending March 31, 2006 (April 1, 2005 to September 30, 2005)

Overview of Performance in the First Half

Business Performance in First Half FY March 2006

Performance by Business Segment in First Half FY March 2006

Forecast for Business Performance in FY March 2006 (Full Year)

Forecast for Performance by Segment in FY March 2006 (Full Year)

Musical Instruments

Toward Medium-Term Growth and Improved Profitability

Toward Medium-Term Growth and Improved Profitability

AV/IT

Electronic Equipment and Metal Products

Lifestyle-Related Products

Recreation

Others

2H Priority Products - 1

2H Priority Products - 2

Inventories

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.