r e s t o r i n g l a n d t h a t h a s b e e n d e s t r o ye d b y l o g g i n g a c t i vi t i e s t o its , former glory and returning natural forests to their original state the .

, activity also aims to help prevent global warming I n Japan the E n s h u n a d a c o a s t a l f o r e s t r e vi t a l i z a t i o n p r o j e c t e xe c u t e s t o s upport -. for tree planting and maintenance by volunteers lobalWarmingCountermeasures , The Yamaha Group places high priority on the environ ment and strives to ensure compliance with both the law and the Yamaha . Policy on the Environment In order to recycle resources and reduce , t h e e n vi r o n m e n t a l i mp a c t o n s o c i e t y a s a wh o l e Y a ma h a p r o mo t e s a variety of eco friendly initiatives that span all stages of the ,,, product life cycle from raw material procurement develo pment . production and utilization through to disposal Global warming is a serious issue facing the entire human race, and the Yamaha Groupc o n s i d e r s e f f o r t s t o s o l v e t h i s p r o b l e m a p r i o r i t y i n b u s i n e s s a c t i v i t i e s . The Yamaha Group has set a target of reducing CO2 emissions by 6% from the fiscal 1990 level in fiscal

2010, in line with the target the government has set. To date we havea c t i v e l y i n t r o d u c e d c o g e n e r a t i o n s ys t e ms , s wi t c h e d f r o m h e a v y o i l t o n a t u r a l g a s ,a d o p t e d p h o t o v o l t a i c p o we r g e n e r a t i o n s ys t e m s , a n d b e g u n u s i n g t h e Gr e e n P o we r Certification System, as well as various other energy-saving facilities and schemes. , asteReductionRecyclingandResourceConserv ation The Yamaha Group offers products in a wide variety of categories, including acousticinstruments, electronic and electrical products, automobile interi or components, andlifestyle-related products for the home. For this reason, our production processes use a b r o a d r a n g e o f r a w ma t e r i a l s a n d g e n e r a t e v a r i o u s t yp e s o f w a s t e . F o r a n u mb e r of y e a r s , w e h a v e b e e n t a k i n g m e a s u r e s t o c u r b e m i s s i o n s o f w a s t e . Through such initiatives, in May 2005 all six Yamaha Corporation production sites in Japan achieved the target of Zero Emissions