October 2, 2007

Lawsuit against Yamaha U.S. Subsidiary Ends

Yamaha Corporation (Yamaha) has issued two previous news releases regarding a lawsuit pending against its U.S. subsidiary Yamaha Corporation of America (YCA), entitled “Notification of Lawsuit against a Yamaha Subsidiary” (issued on February 17, 2006) and “Notice of Withdrawal of a Portion of the Lawsuit against Yamaha’s U.S. Subsidiary” (issued on June 29, 2007).

Outline of the Lawsuit

On November 29, 2005, ACE PRO SOUND AND RECORDING, L.L.C. (Headquarters in Florida, United States; Lines of business: retail sales of musical instruments, audio equipment, and other products; hereinafter, the plaintiff) brought a lawsuit against sellers of musical instruments and audio equipment, including YCA, one of Yamaha’s principal U.S. subsidiaries, demanding compensation for damages incurred by the plaintiff because of refusal of transactions with the plaintiff by the defendants. YCA responded to this lawsuit by emphasizing that the requests of the plaintiff for compensation for damages were unfounded.

The parties concerned in this lawsuit were continuing to try to reach a solution, but Yamaha announced that as of September 26, 2007 the lawsuit was concluded as the plaintiff has withdrawn all requests for compensation.

For further information, please contact

Yamaha Corporation

Public Relations Division, Public Relations Group

TEL. +81-3-5488-6601
FAX. +81-3-5488-5060


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