Industry

All change at Yamaha Japan

Company announces top-end reshuffle of board's chief execs

IT'S ALL kicking of at Yamaha Japan. Following his admission to hospital at the end of last year, Yamaha President Tsuneji Togami is to be replaced by the company's Senior Executive Officer, Hiroyuki Yanagi.

In a company press release at yamaha-motor.co.jp, outgoing President Togami apologises for the turn of events, stating he will return to work in Spring 2010. However, the release does not confirm in what capacity Togami's return to the corporation will be.

More top-line reshuffling is also taking place at Yamaha Japan - three of the company's key Directors will also resign in March 2010.

Mmmm.

Part of the company's release:

President Tsuneji Togami’s resignation address

I would like to apologize for the inconvenience to so many people that the recent turn of events has caused, with the management system changing once again, so soon after I was appointed as acting President.

Unfortunately, it seems my medical treatment will take longer than was originally expected. It now appears that I will be unable to return to work until the spring, and I strongly believe we cannot afford to delay our structural reform or let it stall. Thus, I have resolved to organize a new management team of young and capable staff. Moreover, I have implemented the decision before the process that will make it official, so that they can start on their vital work right away. I am convinced that the new team will take action to revitalize Yamaha Motor with bold group-wide efforts.

Hiroyuki Yanagi’s inauguration address

I am committed to fulfilling the great responsibilities of my new position as President of Yamaha Motor at this crucial moment for the Company, amid a very severe business climate. I will dedicate myself to implementing speedy structural reform, transforming the Company to greater profitability, and reaching our management goals, powered by the united efforts of all our employees.

I have spent most of my career in the manufacturing sector, including the management of our overseas subsidiaries in Europe and the United States. Like every other Yamaha Motor employee, it is my fervent desire to see the Company continue to shine as a great manufacturer into the future. As I carry out my duties and responsibilities, I will do everything within my power to realize that vision.

Join the conversation!

Let us know what you think, just sign up for a free account, leave a comment and get involved!
Register Now

Latest Reviews

Review
Review
Review
Review

Latest Videos

Feature
Article
Article