Yamaha 2010 Annual Report Download - page 4

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Contents
Management
Feature
Performance
Corporate Governance
Financial Section
02 Yamaha Corporation
03 Financial Highlights
04 To Our Shareholders
08 New Medium-Term Management Plan
Yamaha Management Plan 125
10 Feature:
Harmonies Hold the Key to Growth
10 Chinese Market: Aiming for Annual Sales of ¥35 Billion in Five Years
13 Upgrading the Manufacturing Capabilities for Growth
16 Company Segments at a Glance
18 Review of Operations
18 Musical Instruments
22 AV/IT
24 Electronic Devices
25 Lifestyle-Related Products
25 Others
26 R&D and Intellectual Property
26 Research and Development
27 Intellectual Property
28 Corporate Governance and Corporate Social Responsibility (CSR)
28 Corporate Governance
31 Corporate Social Responsibility (CSR)
32 Board of Directors, Corporate Auditors and Executive Officers
74 Main Networks
76 History of the Yamaha Group
78 Organization Chart
79 Investor Information Forward-looking statements
The plans and strategies regarding Yamaha’s future prospects presented in this annual report have
been drawn up by the Company’s management based on information available at the current time
and, therefore, are subject to risks and uncertainties. Accordingly, our actual performance may
differ significantly from our predictions depending on changes in the operating and economic
environments, demand trends, the value of key currencies, such as the U.S. dollar and the euro,
technological advancements and developments in intellectual property litigation.
Composing Harmonies for Growth
Yamaha makes full use of its core competencies, continuing to provide
products and services of a quality that satisfies customers. Through these
efforts, we strive to be a trusted and admired brand, loved and supported by
people around the world. In order to achieve this aim and thereby generate
sustained growth, over the three years of the new medium-term management
plan we will establish a firm foundation for composing harmonies for growth.
The title of this year’s annual report reflects our commitment to this goal.
33 Financial Section