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ANNUAL REPORT 2003 1
PROFILE
The forerunner of YAMAHA CORPORATION was founded in 1887 by
Torakusu Yamaha. On October 12, 1897, Nippon Gakki Co., Ltd., was
incorporated (the corporate name was changed to YAMAHA CORPORATION
on occasion of its 100th anniversary), and YAMAHA celebrated its 100th year
of manufacturing pianos in 2000.
YAMAHA is one of the world's leading manufacturers of pianos, digital 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 audio-visual 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.
Forward-looking statements
Statements contained in the Annual Report 2003 regarding business results for fiscal 2003 represent judgements based on currently avail-
able information. It should be noted that there is a possibility that actual results could differ significantly from those anticipated due to such
factors as exchange rate fluctuations.
왗 Norah Jones
Norah Jones, who is under contract with Yamaha Corporation
of America in the United States, was awarded eight Grammys
at the 45th Grammy Awards.