Per Share Data

5 Years

		Dec. 2007	Dec. 2008	Dec. 2009	Dec. 2010	Dec. 2011
Number of shares issued	Shares	286,327,869	286,373,326	285,849,635	349,097,035	349,095,241

Net sales	Million Yen	1,756,707	1,603,881	1,153,642	1,294,131	1,276,159
Net sales per share Note 1)	Yen	6,136.83	5,601.17	4,034.52	3,924.76	3,655.61
Change	%	+10.9	-8.7	-28.0	-2.7	-6.9

Operating Income	Million Yen	126,998	48,382	-62,580	51,308	53,405
Operating income per share Note 2)	Yen	443.65	168.96	-218.86	155.61	152.98
Change	%	+2.7	-61.92	-	-	-1.7

Net income	Million Yen	71,222	1,851	-216,148	18,300	26,960
Net income per share Note 3)	Yen	248.81	6.47	-755.92	55.50	77.23
Change	%	-7.8	-97.4	-	-	+39.2

Net Assets Note 4)	Million Yen	569,221	428,483	249,266	310,809	309,914
Net Assets per share Note 5)	Yen	1851.81	1377.81	743.04	785.61	804.26
Change	%	+12.6	-25.6	-46.1	5.7	+2.4

Note 1): Net sales per share = Net sales / Average number of shares issued
Note 2): Operating income per share = Operating income / Average number of shares issued
Note 3): Net income per share = Net income / Average number of shares issued
Note 4): Effective from the year ended December 31, 2006,Yamaha Motor Co., Ltd. adopted Accounting Standards Board Statement No.5 "Accounting Standard for Presentaion of Net Assets in the Balance Sheet" issued by the Accounting Standards Board of Japan on December 9, 2005 and Accounting Stadards Board Guidance No.8 "Guidance on Accounting Standard for Presentation of Net Assets in the Balance Sheet" issued by the Accounting Standards Board of Japan on December 9, 2005.
Amount corresponding to covertional "total shareholders' equity" in the balance sheet is 472,406 million yen.
Note 5): Net Assets per share = (Net Assets - Minority interests) / Number of shares issued at financial year-end

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