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Corporate Information Principal Subsidiaries and Affiliates As of December 31, 2011 Special Features Message from the Management Operating Performance Consolidated Subsidiaries Company Location Principal business lines Japan ❶ Yamaha Motorcycle Sales Japan Co., Ltd. Minato, Tokyo Marketing of Yamaha Motor products ❷ Yamaha Kumamoto Products Co., Ltd. Yatsushiro, Kumamoto Manufacture of outboard motors and other products ❸ Yamaha Motor Powered Products Co., Ltd. (YMPC) Kakegawa, Shizuoka Manufacture of power products and motorcycle frames ❹ Yamaha Motor Electronics Co., Ltd. Mori-machi, Shizuoka Manufacture and marketing of motorcycle electric parts U.S.A. Panama City, Florida Regional headquarters for North America (importing and marketing of Yamaha Motor products) Manufacture and development of golf cars, personal watercraft and all-terrain vehicles Manufacture and marketing of FRP boats ❽ Skeeter Products, Inc. Dallas, Texas Manufacture and marketing of FRP boats and aluminum boats ❾ Precision Propeller Industries, Inc.(PPI) Indianapolis, Indiana Manufacture and marketing of outboard motor propellers ❺ Yamaha Motor Corporation, U.S.A. (YMUS) ❻ Yamaha Motor Manufacturing Corporation of America (YMMC) ❼ Century Boat Company, Inc. Los Angeles, California Atlanta, Georgia Tennessee Water Craft, Inc. Knoxville, Tennessee Manufacture of jet boats Yamaha Golf-Car Company(YGC) Atlanta, Georgia Marketing of golf cars Exporting and importing of spare parts and accessories for Central and South America and the Caribbean Yamaha Motor Distribution Latin America Inc.(YDLA) Miami, Florida Canada Yamaha Motor Canada Limited(YMCA) Toronto Importing and marketing of Yamaha Motor products The Netherlands Overview of Operations Yamaha Motor Europe N.V.(YMENV) Amsterdam Yamaha Motor Netherland B.V.(YMNL) Amsterdam Yamaha Motor Middle Europe B.V.(YMME) Amsterdam Regional headquarters for Europe (importing and marketing of Yamaha Motor products, and marketing, product planning, and finance within Europe) Marketing of Yamaha Motor products Management of sales companies and branches in Germany and the United Kingdom France Yamaha Motor France S.A.(YMF) Paris MBK Industrie(MBK) Saint Quentin Marketing of Yamaha Motor products Manufacture and marketing of scooters, outboard motors and MBK-brand bicycles Yamaha Motor Italia S.p.A.(YMIT) Milan Manufacture of Yamaha Motor products Motori Minarelli S.p.A. Bologna Corporate Information Italy Yamaha Motor Research & Development Europe S.r.l.(YMRE) Milan Manufacture of motorcycle engines Research and development of motorcycles Spain Yamaha Motor España S.A.(YMES) Barcelona Manufacturing of motorcycles Yamaha Motor España Marketing S.L. (YMESM) Barcelona Marketing of Yamaha Motor products Lisbon Marketing of Yamaha Motor products London Marketing of Yamaha Motor products Düsseldorf Marketing of Yamaha Motor products Stockholm Marketing of Yamaha Motor products Moscow Importing and marketing of Yamaha Motor products Sydney Importing and marketing of Yamaha Motor products Auckland Importing and marketing of Yamaha Motor products Financial Section Portugal Yamaha Motor Portugal S.A.(YMP) United Kingdom Yamaha Motor(UK)Limited(YMUK) Germany Yamaha Motor Deutschland GmbH.(YMG) Sweden Yamaha Motor Scandinavia AB(YMS) Russia OOO Yamaha Motor CIS(YMCIS) Australia Yamaha Motor Australia Pty Limited(YMA) New Zealand Yamaha Motor New Zealand Limited(YMNZ) 76 Yamaha Motor Co., Ltd. Annual Report 2011 Location Operating Performance Company Principal business lines Brazil Yamaha Motor do Brasil Ltda.(YMDB) São Paulo Importing and marketing of Yamaha Motor products Yamaha Motor da Amazonia Ltda.(YMDA) Manaus Manufacture and marketing of motorcycles and outboard motors Medellin Assembly and marketing of motorcycles, and sales of spare parts Buenos Aires Importing and marketing of Yamaha Motor products Mexico City Importing and marketing of Yamaha Motor products PT. Yamaha Indonesia Motor Manufacturing(YIMM) Jakarta Manufacture and marketing of motorcycles PT. Yamaha Motor Kencana Indonesia(YMKI) Jakarta Marketing of motorcycles Karawang Manufacture of motorcycles PT. Yamaha Motor Parts Manufacturing Indonesia(YPMI) Jakarta Manufacture and marketing of motorcycle parts PT. Yamaha Motor Nuansa Indonesia(YMNI) Jakarta Manufacture and marketing of water purifiers Singapore Financing center for Asia production bases Singapore Exporting and importing of parts and accessories for Yamaha Motor products Hanoi Manufacture and marketing of motorcycles Hanoi Manufacture of motorcycle parts Thai Yamaha Motor Co., Ltd.(TYM) Bangkok Manufacture and marketing of motorcycles Yamaha Motor Asian Center Co., Ltd.(YMAC) Bangkok Regional headquarters for ASEAN nations (development of motorcycles, operation of ancillary businesses, and intermediation of three-country trade) Batangas Manufacture and marketing of motorcycles Yamaha Motor Taiwan Co., Ltd.(YMT) Taipei Manufacture and marketing of motorcycles Yamaha Motor Taiwan Trading Co., Ltd.(YMTT) Taipei Export of motorcycles and parts for those products Yamaha Motor R&D Taiwan Co., Ltd.(YMRT) Taipei Research and development of motorcycles Delhi Manufacture, marketing and export of motorcycles Colombia Message from the Management Industria Colombiana de Motocicletas Yamaha S.A. (INCOLMOTOS) Argentina Yamaha Motor Argentina S.A.(YMARG) Mexico Yamaha Motor de Mexico, S.A. de C.V.(YMMEX) Indonesia Special Features PT. Yamaha Motor Manufacturing West Java (YMMWJ) Singapore Yamaha Motor Asia Pte. Ltd.(YMAP) Vietnam Yamaha Motor Vietnam Co., Ltd.(YMVN) Yamaha Motor Parts Manufacturing Vietnam Co., Ltd. (YPMV) Overview of Operations Yamaha Motor Distribution Singapore Pte. Ltd. (YDS) Thailand Yamaha Motor Philippines, Inc.(YMPH) Corporate Information The Philippines Taiwan Financial Section India India Yamaha Motor Pvt. Ltd.(IYM) China Yamaha Motor Commercial Trading (Shanghai) Co. Ltd. Shanghai (YMCT) Shanghai Yamaha Jianshe Motor Marketing Co., Ltd. (YMSM) Shanghai Exporting, importing, and marketing of Yamaha Motor products, and exporting of parts Marketing and after-sales service of Yamaha Motor products Zhuzhou Yamaha Motor Shockabsorber Co., Ltd. (ZYS) Zhuzhou, Hunan Manufacture of motorcycle suspensions Yamaha Motor R&D Shanghai Co., Ltd. (YMRS) Research and development of Yamaha Motor Products Shanghai Other consolidated subsidiaries: 52 companies Total consolidated subsidiaries: 107 companies Yamaha Motor Co., Ltd. Annual Report 2011 77 Corporate Information Principal Subsidiaries and Affiliates Operating Performance Subsidiaries and Affiliates Accounted for by the Equity Method Company Location Principal business lines Japan Yokohama Bay Side Marina Co., Ltd. Yokohama, Kanagawa Management of a marina and related business Yamaha Football Club Co., Ltd. Iwata, Shizuoka Management of a professional soccer team Mikasa Unyu Co., Ltd. Kakegawa, Shizuoka Distribution Milan Coordination and management of operations related to MotoGP and machine development testing Brussels Marketing of Yamaha Motor products Mexico City Manufacture and marketing of FRP boats; importing and marketing of other Yamaha Motor products Lima Marketing of motorcycles, all-terrain vehicles, parts and other related products Kuala Lumpur Manufacture and marketing of motorcycles Chongqing, Sichuan Manufacture of motorcycles Message from the Management Italy Yamaha Motor Racing S.r.l.(YMR) Belgium D’Ieteren Sport S.A. Mexico Industria Mexicana de Equipo Marino, S.A. de C.V.(IMEMSA) Peru Special Features Yamaha Motor del Perú S.A.(YMDP) Malaysia Hong Leong Yamaha Motor Sdn. Bhd.(HLYM) China Overview of Operations Chongqing Jianshe·Yamaha Motor Co., Ltd. (CJYM) Zhuzhou Jianshe Yamaha Motor Co., Ltd. (ZJYM) Zhuzhou, Hunan Manufacture of motorcycles Jiangsu Linhai Yamaha Motor Co., Ltd. (LYM) Taizhou, Jiangsu Manufacture and marketing of motorcycle engines Sichuan Huachuan Yamaha Motor Parts Manufacturing Chengdu, Sichuan Co., Ltd. (SHY) Manufacture and marketing of electrical components for motorcycles Chongqing Pingshan TK Carburetor Co., Ltd. (PTK) Chongqing, Sichuan Manufacture and marketing of motorcycle carburetors Yamaha Motor Taizhou O.P.E. Co., Ltd. (YMTO) Taizhou, Jiangsu Manufacture of multi-purpose engines Corporate Information Other subsidiaries and affiliates accounted for by the equity method: 17 companies Total subsidiaries and affiliates accounted for by the equity method: 31 companies 14 15 16 Financial Section 25 24 60 17 18 27 28 26 13 22 23 9 19 20 21 59 51 67 64 68 66 69 52 53 55 65 54 43 44 45 46 5 1 2 3 4 56 57 58 8 10 6 11 7 12 48 49 50 35 61 47 33 63 41 42 32 36 37 38 39 40 62 31 29 30 78 Yamaha Motor Co., Ltd. Annual Report 2011 34