Yamaha Announces Results of Acquisition of Own Shares through ToSTNeT-3 Off-Hours Trading System

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Yamaha Corporation (Yamaha, the Company) announces that today it conducted an acquisition of its own shares, as announced yesterday (May 14, 2008), as follows.

1.Reason for the Acquisition

To enhance the return to shareholders of Yamaha shares following the sale in May 2007 of a portion of Yamaha’s shares held in Yamaha Motor Co., Ltd.

2.Class of Shares Acquired

Yamaha’s common shares

3.Total Number of Shares Acquired

4,603,200 shares

4.Acquisition Price

¥1,941 per share (Total amount for shares acquired: ¥8,934,811,200)

5.Date of Acquisition

May 15, 2008 (Thursday)

6.Method of Acquisition

Through the off-hours trading system of the Tokyo Stock Exchange for own share acquisitions

Supplementary Information:

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

Class of shares to be acquiredYamaha’s common shares
Total number of shares to be acquired10 million (upper limit)
Total amount of shares to be acquired¥18.0 billion (upper limit)
Progress toward acquisition as of May 15, 2008:
>Number of shares acquired4,603,200 shares
>Amount paid for shares acquired¥8,934,811,200

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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