Yamaha Motor Chairman Withdraws Reappointment Candidacy, to Retire in March 2026
Yamaha Motor Chairman Katsuaki Watanabe withdraws his candidacy for reappointment as a director due to personal reasons, and will retire at the end of the shareholder meeting on March 25, 2026.
2026
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What Happened
Yamaha Motor Co., Ltd. announced on March 12, 2026, that Chairman and Director Katsuaki Watanabe has requested to withdraw his candidacy for reappointment as a Director upon the expiration of his current term for personal reasons. The Board of Directors, at its meeting on March 11, decided to partially withdraw and amend the resolution proposal for the 91st Ordinary General Meeting of Shareholders scheduled for March 25, 2026. As a result, Watanabe will retire at the conclusion of the meeting.
Board of Directors decides to partially withdraw and amend the resolution proposal.
Company announces the withdrawal of Chairman Watanabe's candidacy.
Chairman Watanabe retires upon expiration of his term at the Ordinary General Meeting of Shareholders.
Why this matters
The retirement of Chairman Watanabe marks a leadership change at Yamaha Motor, as the board accepted his withdrawal of candidacy.
Terms in This Story
- Board of Directors
- A group of individuals elected to represent shareholders and oversee the management of a company.
- Ordinary General Meeting of Shareholders
- An annual meeting where shareholders vote on corporate matters, including the election of directors.
Summarised from the linked release; details can be imperfect — always verify against the original source.