Yamaha Motor Co., Ltd.
7272・Prime Market・Transportation Equipment
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 9 members in total: 4 internal directors and 5 independent outside directors (including 3 women), with independent outside directors comprising more than half of the board. In April 2025, the Executive Personnel Committee was split into a "Nomination Committee" and a "Compensation Committee," with both committees having a chairperson selected from outside officers and outside officers constituting a majority of each committee.
Risk Management
The company has established a
Shareholder Returns
Basic policy targets a cumulative total payout ratio of 40% or more over the Medium-Term Management Plan period (2025–2027). The annual dividend for FY2025 (ending December 2025) is planned at ¥35 (interim ¥25 + year-end ¥10), and for FY2026 (ending December 2026) at ¥50 (interim ¥25 + year-end ¥25). No revision to the dividend forecast.
Dividend Policy
The basic policy is to pay stable and continuous dividends, combined with flexible shareholder returns according to the scale of cash flow. The company targets a cumulative total payout ratio of 40% or more over the Medium-Term Management Plan period (2025–2027). Dividends are paid twice a year, as interim and year-end dividends. The actual annual dividend for FY2025 (ending December 2025) is ¥35 (interim ¥25 + year-end ¥10). The forecast annual dividend for FY2026 (ending December 2026) is ¥50 (interim ¥25 + year-end ¥25), unchanged from the most recently announced forecast.
ESG
The company has identified three materiality themes: "Innovation," "Carbon Neutrality," and "Safety & Security." For climate change, it discloses information based on TCFD recommendations and has set targets of achieving Scope 1 and 2 carbon neutrality by 2035 and carbon neutrality across the entire supply chain by 2050 (FY2024 Scope 1 and 2 emissions were 374,555 tons, a 71.6% reduction versus 2010). Regarding human capital, the Medium-Term Management Plan sets a target of a global engagement score of 80% or higher (82.4% achieved in 2025), and the company has set a target of raising the ratio of female managers to 13% by 2027. It is promoting multifaceted initiatives, including establishing a DE&I policy, creating new regulations addressing LGBTQ+ matters, and obtaining ISO45001 global certification.
Last updated: April 8, 2026