This is a mis-definition of "live pto". A live pto is one which can be engaged and disengaged, and runs independently from the transmission. That is, when you depress the clutch to disengage the transmission, the pto will continue to be powered. The confusion comes when we start talking about the 3 pt hydraulics - which is NOT the pto. As far as I know, all Yanmars have the hydraulic pump driven directly by the engine, not from the transmission.
Older U.S. tractors like the Ford 8N have the hydraulic pump driven by the transmission - so you have to have the transmission turning to use the 3 pt hydraulics. The clutch pedal must be out to turn the hydraulic pump and raise an implement. This is not true for the Yanmar tractors.
On the other hand, most Yanmar tractors do NOT have a live pto. The clutch must be out to power the pto, and it is not independent of the transmission. So when you need to put the tractor in gear to drive, you depress the clutch pedal and the pto stops.
I hope this helps to better define hydraulic and pto functions.