The exodus from the Golden State continues as word comes from Japan that Yamaha Motor Co., Ltd. is leaving its Cypress campus after 50 years. Yamaha Motor Corporation, U.S.A. (“YMUS”) will move to Kennesaw, Georgia, starting at the end of 2026 and anticipated to be wrapped up by Q4 2028. As part of the relocation process, all fixed assets owned by YMUS in Cypress, including land, offices and warehouses will be sold as a way of “improving asset efficiency and enhancing profitability in the United States.”
“Yamaha Motor Co., Ltd. is undertaking structural reforms aimed at improving the profitability of its U.S. operations in response to cost increases resulting from U.S. tariffs and changes in the market environment. In addition to implementing cross-business cost reduction initiatives, the Company seeks over the medium to long term to build a profit structure that is not solely dependent on top-line growth, thereby transforming itself into a more resilient and robust organization capable of adapting to change.”
The Cypress facility currently primarily houses corporate functions and the Financial Services business. The total site area is approximately 25.1 acres (approximately 102,000 square meters). In connection with the sale of these assets, the Company plans to utilize a sale-and-leaseback arrangement for a certain period in order to ensure business continuity and to facilitate a smooth relocation to Kennesaw.
The Cypress facility has served as the headquarters of YMUS since Yamaha Motor Co., Ltd. first acquired the land in 1978 and established the office in 1979. However, in response to changes in the Company’s business focus, the Marine Business was relocated to Kennesaw in 1999 and Motorsports Business went to Georgia in 2019.
Details such as the sale price, purchaser, and timing of the transaction are currently under review.
