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Yamaha FG-150 1970 | Reverb Here is a Yamaha FG-150 "Red Label" made in Japan from the Nippon Gakki factory. The FG-150 is about the same size and shape as a Martin 000-18. These Red Label (so noted for the sound hole label inside) Yamahas have a well-earned reputation for great playability and tone as well as excellent value. Yamaha Guide - Mark Searcy Yamaha Guide Yamaha FG Series - Nippon Gakki Resource The Folk Guitar (FG) series made by Yamaha in the late 60s and 70s were extremely fine guitars modeled after Martin flatops. If you can get your hands on one of these, they are of very good value, especially the "red labels" made in Nippon Gakki, Japan, prior to moving production to Tiawan. Yamaha Nippon Gakki FG-110: Solid top? - Harmony Central Yamaha Nippon Gakki FG-110: Solid top? Yamaha Nippon Gakki FG-110: Solid top? By AtomHeartMother, August 15, 2005 in Acoustic Guitars. Start new topic ... dak,the original early series FG`s didnt have the 150 ...