Update on Acquisition of Own Shares

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Acquisition of own shares under the provisions of Yamaha’s Articles of Incorporation, pursuant to Article 165-2 of the Corporation Law of Japan

Yamaha Corporation conducted the following acquisition of its own shares under Article 156 of the Corporation Law of Japan, as applied pursuant to Article 165-3 of the said Corporation Law. The details of the acquisition were as follows.

Period for the share acquisitionMay 1, 2008, to May 31, 2008
Total number of shares acquired7,562,900 shares
Total amount of shares acquired¥14,921,927,200
Method of acquisitionMarket purchases on the Tokyo Stock Exchange

Supplementary Information:

(1) Content of the Board of Directors’ decisions on April 30, 2008, regarding the acquisition of the Company’s own shares

Class of shares to be acquiredYamaha’s common shares
Total number of shares to be acquired10 million (upper limit)

(This represents 4.8% of all Company shares issued and outstanding (excluding treasury stock))

Total amount of shares to be acquired¥18.0 billion (upper limit)
Period for the share acquisitionMay 1, 2008, to September 30, 2008

(2) Total number and amount of own shares purchased to date under the April 30, 2008, decisions of the Board of Directors

Total number of shares acquired7,562,900 shares
Total amount of shares acquired¥14,921,927,200

For further information, please contact

Yamaha Corporation

Corporate Communications Division, Public Relations Group

  • TEL. +81-3-5488-6601
  • FAX. +81-3-5488-5060

Visit Yamaha's website at
http://www.yamaha.com/

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