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Financial Highlights

Yamaha Corporation and Consolidated Subsidiaries
Years ended March 31
Millions of Yen Millions of U.S. Dollars (Note 2)
FY2004.3  FY2005.3  FY2006.3  FY2007.3  FY2008.3  FY2008.3 
For the year:
Net sales (Note 1) ¥539,506  ¥534,079  ¥534,084  ¥550,361  ¥548,754  $5,477.13 
Operating income 45,056  35,695  24,135  27,685  32,845  327.83 
Net income 43,541  19,697  28,123  27,866  39,558  394.83 
At year-end:
Total net assets ¥259,731  ¥275,200  ¥316,005  ¥351,398  ¥343,028  $3,423.77 
Total assets 508,731  505,577  519,977  559,031  540,347  5,393.22 
Yen U.S. Dollars
(Note 2)

Per share:
Net income ¥210.63  ¥95.06  ¥136.04  ¥135.19  ¥191.76  $1.91 
Net assets 1,259.28  1,334.51  1,532.62  1,680.91  1,646.44  16.43 
Cash dividends (Note 3) 15.00  20.00  20.00  22.50  50.00  0.50 

Notes:
1.  Figures for net sales do not include national consumption tax.
2.  U.S. dollar amounts are translated from yen, for convenience only, at the rate of ¥100.19=US$1.00, the approximate rate of exchange on March 31, 2008.
3.  A per-share dividend for FY2008.3 includes special dividend of ¥20.
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