Analyst and Investor Briefing on the Fiscal Year Ended March 31, 2007

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

Presenter:Shuji Ito President & Representative Director Yamaha Corporation

Analyst and Investor Briefing on the Fiscal Year Ended March 31, 2007

FY 2007.3 Results Summary

Performance in FY2007.3

Performance by Business Segment in FY2007.3

Musical Instruments

Musical Instruments

AV/IT

Electronic Equipment & Metal Products

Lifestyle-related Products

Recreation

Others

Framework for Achieving Results in FY2008.3

Forecast of Business Performance in FY2008.3

Forecast of Performance by Business Segment in FY2008.3

Musical Instruments

Musical Instruments

AV/IT

Electronic Equipment & Metal Products

Lifestyle-related Products

Recreation

Others

Inventories

Capital Expenditure/Depreciation/ R&D Expenses

Interest-bearing Liabilities (Actual balance)

Balance Sheet Summary (Projection)

Dividends

Measures for Dealing with Major Acquisitions

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.