Yamaha 1999 Annual Report Download - page 2

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CORPORATE DESCRIPTION
CONTENTS
1Financial Highlights
2Consolidated Balance Sheets
4Consolidated Statements of Operations
5Consolidated Statements of Shareholders’ Equity
6Notes to Consolidated Financial Statements
13 Report of Independent Auditors
14 Board of Directors and Corporate Auditors
15 Major Consolidated Subsidiaries
17 Investor Information
The forerunner of Yamaha Corporation
was founded in 1887 by Torakusu
Yamaha. On October 12, 1897,
Nippon Gakki, Co., Ltd., was incorpo-
rated (the corporate name was changed
to Yamaha Corporation on the occa-
sion of its 100th anniversary), and
Yamaha celebrated its 110th year of
operation in 1997.
Yamaha is one of the world’s leading
manufacturers of pianos; electronic
musical instruments; and wind, string,
and percussion instruments. At the
same time, the Company has grown
through a broad spectrum of business
activities, including electronic devices
and equipment, professional audio
equipment, and audiovisual equipment.
To continue growing in the 21st
century, The Yamaha Group will make
a concerted effort to become a truly
global enterprise that fulfills its
corporate mission of contributing to
enriching the quality of life of people
worldwide.
MUSICAL INSTRUMENTS AND AUDIO PRODUCTS
FURNITURE AND HOUSEHOLD PRODUCTS
ELECTRONIC EQUIPMENT AND METAL PRODUCTS
RECREATION
OTHERS
BUSINESS SEGMENTS