Don't have book on that engine but Yanmar has, in the past, used wiring harnesses with "spare" wires.. Some for tachometer where on some panels that is not an item, some for a water sensor for a sail drive diaphragm..
For instance, on my 3 GMF, there are unused ones; the big blue wire is labeled "For 1GM only", the white with red stripe is the saildrive water sensor.. That may be the one with the sealing connector and it may have a black wire in it too.. Don't know about that one dangling white.. Might be good to get a diagram .. should be in the manual?
EDIT: Robert beat me to the reply.. is consistent..