chapter 1. toyota at a glance · chapter 1. toyota at a glance 1-1. ... combined with those of...

Chapter 1. TOYOTA AT A GLANCE 1-1. Outline of Toyota ....................................................................................... 1 1-2. Production................................................................................................. 3 1-3. Sales ......................................................................................................... 6 1-4. Exports ...................................................................................................... 9Chapter 2. JAPANESE OPERATIONS 2-1. Japanese manufacturing and marketing organizations........................... 13 2-2. Japanese plants and other Toyota facilities ............................................ 14 2-3. Japanese automobile sales network ....................................................... 15 2-4. Japanese production sites ...................................................................... 17 2-5. Toyota group and suppliers organizations............................................... 19 2-6. Major investments in non-automotive industries ..................................... 20Chapter 3. GLOBAL OPERATIONS 3-1. Overseas operations............................................................................... 23 3-2. Regional assets....................................................................................... 24 3-3. Overseas manufacturing companies....................................................... 25 3-4. Overseas model offerings ....................................................................... 26 3-5. R&D organization.................................................................................... 31Chapter 4. REGIONAL BREAKDOWN 4-1. North America ......................................................................................... 35 4-2. Latin America and the Caribbean............................................................ 39 4-3. Europe .................................................................................................... 43 4-4. Africa ....................................................................................................... 48 4-5. Asia ......................................................................................................... 52 4-6. Oceania................................................................................................... 56 4-7. Middle East and Southwest Asia............................................................. 60Chapter 5. OTHER ACTIVITIES 5-1. Parts supply / after-sales service ............................................................ 64 5-2. Purchasing .............................................................................................. 65 5-3. Motorsports ............................................................................................. 66 5-4. Prefabricated housing ............................................................................. 68 5-5. Financial services.................................................................................... 69 5-6. Social contributions................................................................................. 71 5-7. Environment ............................................................................................ 74Chapter 6. HISTORY 6-1. Production history / The story of Toyota.................................................. 77Index Country / Region ............................................................................................ 83 Company........................................................................................................ 84 Vehicle............................................................................................................ 87

CONTENTSToyota Motor Corporation is one of the world's leading automakers, offering a full range of models, from minivehicles to large trucks. Global sales of its Toyota and Lexus brands, combined with those of Daihatsu and Hino, totaled 7.52 million units (retail basis) in the 2004 calendar year. Besides its own 12 plants and a number of manufacturing subsidiaries and affiliates in Japan, Toyota has 51 manufacturing companies in 26 countries and regions, which produce Lexus-and Toyota-brand vehicles and components. As of March 2004, Toyota and employs about 264,000 people worldwide (on a consolidated basis), and markets vehicles in more than 170 countries and locations.

Toyota's automotive business, including sales finance, accounts for more than 90% of the company's total sales, which came to a consolidated 17.29 trillion in the fiscal year to March 2004. Its diversified operations include telecommunications and prefabricated housing.

Toyota continues to pursue growth in unison with society and believes a harmonious relationship with the enviroment, the global economy, local communities and its stakeholders is the key to achieving long-term, stable growth. As a result, it is investing aggressively in next-generation technologies to develop automobiles that are greener, safer and more fun to drive.

The Toyota Production System has become the basis for highly efficient " lean"manufacturing in industries worldwide. To guide the continuing evolution of Toyota'sworldwide operations, Toyota announced its "Global Vision 2010". Building on the principles set out in its "Toyota Way 2001" booklet, "Global Vision 2010" outlines the management direction and target toward which all employees of Toyota and the Toyota Group should strive in the 21st century.

1) Statistics in this publication are based on facts and figures from January 1, 2004 to December 31,

2004 (except where otherwise noted).

2) Figures on P3 to P82 are unconsolidated figures for Toyota Motor Corporation.

3) As for p.1, 3~5 and 77~82, figures for “overseas production” indicate “ local production” , i.e. the

number of vehicles that were manufactured with the value of parts imported from Japan (F.O.B.

price) less than 60% the total value of the parts in the vehicle. As for p.77~82, the numbers in

parentheses refer to the number of vehicles produced on a line-off base in 2004.

4) Figures for “domestic production” include the number of CKD vehicles.

5) As for p.36, 40, 44, 49, 53, 57 and 61, figures in the “2004 vehicle and engine production” column

refer to the number of vehicles produced on a line-off base in 2004. The numbers in parentheses

indicate “ local production” , i.e. the number of vehicles that were manufactured with the value of

parts imported from Japan (F.O.B. price) less than 60% of the total value of the parts in the vehicle.

Plants that produce engines using engine blocks and heads from other plants do not count such

engines in their engine production numbers.

6) The following acronyms are used throughout this publication:

JAMA (Japan Automobile Manufacturers Association)

JAIA (Japan Automobile Importers Association)

JADA (Japan Automobile Dealers Association)

JMA (Japan Minivehicle Association)

OICA (Organisation Internationale des Constructeurs d'Automobiles)

SMMT (Society of Motor Manufacturers and Traders Ltd.)

TMC (Toyota Motor Corporation) (Other Toyota companies listed in Index)

IMF (International Monetary Fund)

Other specialized sources appear throughout this publication as well.

T&W CORPORATE PROFILE

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1-1. Outline of Toyota

2002

2003

Production, sales and exports of vehicles (calendar year)

SOURCE: TMC NOTES: 1) Figures for Toyota include the Lexus brand 2) See inside front cover for description of "overseas production".

Worldwide production Overseas JapaneseWorldwide sales Overseas JapaneseExports from Japan

Toyota 5,640 (9.8) 2,155 (21.0) 3,485 (3.9) 5,519 (4.9) 3,838 (8.0) 1,680 (-2.0) 1,817 (9.1)

Daihatsu 619 (-6.1) 20 (-4.1) 600 (-6.2) 593 (-3.2) 88 (24.8) 505 (-6.9) 76 (17.8)


Total 6,826 (8.1) 2,581 (18.7) 4,245 (2.6) 6,783 (10.0) 4,478 (13.4) 2,306 (3.9) 1,953 (1.9)

Toyota 6,078 (7.8) 2,558 (18.7) 3,520 (1.0) 6,071 (10.0) 4,355 (13.5) 1,716 (2.1) 1,836 (1.1)

Daihatsu 665 (7.3) 24 (18.1) 641 (7.0) 632 (6.6) 90 (1.9) 542 (7.4) 84 (10.2)

Hino 83 (53.4) - - 83 (53.4) 81 (44.5) 33 (45.1) 48 (44.1) 33 (45.1)

(1 = 1,000 vehicle)

Total 6,314 (8.0) 2,175 (20.7) 4,139 (2.3) 6,168 (4.1) 3,949 (8.6) 2,218 (-3.2) 1,916 (9.5)

2004


Total 7,547 (10.6) 3,093 (19.8) 4,454 (4.9) 7,518 (10.8) 5,130 (14.6) 2,388 (3.6) 2,089 (7.0)

Daihatsu 730 (9.8) 50 (113.6) 679 (6.0) 716 (13.3) 138 (53.6) 578 (6.6) 94 (12.0)

Hino 94 (12.8) - - 94 (12.8) 94 44 (31.1) 51 (6.3) 44 (31.1)

Toyota 6,724 (10.6) 3,043 (19.0) 3,681 (4.6) 6,708 (10.5) 4,949 (13.6) 1,759 (2.5) 1,952 (6.3)

Hino 54 (1.6) - - 54 (1.4) 56 (5.8) 23 (22.6) 33 (-3.3) 23 (22.6)

Business results (fiscal year, consolidated, U.S. GAAP) 2003

April 2002-March 2003

14,793,973 707,580 15,501,553 1,271,646 750,942 10.4%

211.32 36.00 2,063.43 668,404 1,005,931 870,636

2002April 2001-March 2002

13,499,644 690,664 14,190,308 1,093,632 556,567 7.8%

152.26 28.00 2,015.82 589,306 940,547 809,841

Period

Net Revenues:Sales of ProductsFinancing Operations

TotalOperating IncomeNet IncomeROEPer Share Data (yen):

Net Income (Basic)Cash DividendsShareholders' Equity

R&D ExpensesCapital Expenditures*2

DepreciationNOTES: 1) For further information, please go to: http://www.toyota.co.jp 2) *1 Yen in millions except per share data 3) *2 Excluding equipment leased to others

(1 = 1 million)*1

1-1. Outline of Toyota

2004April 2003-March 2004

16,578,033 716,727 17,294,760 1,666,890 1,162,098 15.2%

342.90 45.00 2,456.08 682,279 945,803 969,904

Net Income

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Regional breakdown of production

1-2. Production

In 2004, Japanese production reached 3.68 million vehecles. Overseas production was nearly 3.04 million vehecles.

Production by region*

North AmericaLatin America &the CaribbeanEuropeAfricaAsiaOceaniaMiddle East &Southwest AsiaOverseas totalJapanese totalWorldwide total

1995 729.9 3.7

95.5 87.7 259.0 54.1 23.3

1,253.3 3,171.3 4,424.6

1996 783.0 3.2

124.4 85.1 255.1 67.6 27.7

1,346.0 3,410.1 4,756.1

1997 838.3 3.8

108.8 91.2 246.7 77.6 23.8

1,390.1 3,502.0 4,892.1

1998 962.8 15.3

175.7 74.1 124.8 100.4 14.4

1,467.6 3,165.8 4,633.4

19991,061.9 16.8

181.5 68.4 182.1 91.0

9.4

1,611.0 3,118.2 4,729.2

20001,104.0 19.6

173.3 77.5 248.4 92.4 36.1

1,751.4 3,429.2 5,180.6

20011,088.5 17.8

216.9 77.5 254.3 94.6 31.0

1,780.6 3,354.4 5,135.0

20021,205.3 28.1

344.6 79.8 345.7 86.6 65.1

2,155.2 3,485.2 5,640.4

2003 1,278.3 58.1

395.5 93.3 493.1 113.6 125.8

2,558.0 3,520.3 6,078.3

(1 = 1,000 vehicles)

SOURCES: TMC, Toyota and Lexus brandsNOTES: 1) See inside front cover for description of "overseas production". 2) *Regions as defined by TMC

2004 Breakdown of production by modelJapanese production

Model name Allex Allion Alphard Alphard HV Altezza (including IS200/300) Aristo (including GS300/430) bB (including Scion xB) Brevis Caldina Camry Celica Celsior (including LS400/430) Century Coaster Comfort Corolla (including Spacio, Fielder, Runx) Crown Dyna/ Toyoace Estima (including Previa) Estima Hybrid FunCargo Gaia Granvia Harrier (including RX300/330) Hiace (including Regius)

Start of production20012001200220031998199120002001199219801970198919671963199519661954

1954 1956199020011999199819951997

1967 1997

(1 = 1 vehicle)

2004 1,444.2 80.3

582.5 108.8 647.2 109.9 69.8

3,042.7 3,680.9 6,723.7

2004 13,750 35,250 88,184 5,073 23,152 11,746 94,941 2,915 15,350 63,705 14,518 53,431 471 10,588 10,764 403,189 125,927 61,515 68,363 2,556 48,710 3,667 17,773 97,925 95,047

Cumulative total*1

83,026 135,129 229,006 9,223 282,699 401,511 349,131 29,840 806,463 3,720,372 4,120,768 841,759 38,711 321,272 123,805 22,571,940 5,530,623 3,408,326 1,705,906 25,224 504,771 154,572 359,162 773,589 4,659,458

Japanese production (continued)

Hilux Ipsum (including Picnic) ist (including Scion xA) Kluger V Land Cruiser (including LX/GX470) Liteace Mark II (including Blit) Mark XMR-S(including MR2/ MR2-Spyder) Noah/ Voxy Opa PassoPlatz PortePremio Prius Probox Progr<s Raum RAV4 Sienta Soarer (including SC430) Succeed Townace Verossa Vitz WiLL Cypha WiLL VS Windom (including ES300/330) Wish

196719962002200019511970196820041999200120002004199920042001199720021998199719942003198120021976200119992002200119912003

272,957 34,886 117,480 156,097 293,641 12,821 26,259 15,812 6,458 135,790 4,262 74,775 68,057 39,249 38,100 132,703 51,518 3,338 36,823 240,158 66,228 12,014 25,905 18,245 529 133,375 5,023 255 93,004 145,711

10,441,787 658,981 339,217 593,290 4,659,784 2,169,567 6,522,665 15,812 71,473 481,301 77,927 74,775 605,821 39,249 143,855 292,329 130,229 72,971 244,484 1,838,109 97,141 473,225 73,779 2,417,317 26,001 1,512,651 30,464 14,945 952,926 317,247

(1 = 1 vehicle)

1-2. Production

SOURCE: TMCNOTES: 1) *As of the end of 2004 2) Figures include those for export models and CKD products

Model name Start of production 2004 Cumulative total*

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Overseas production of selected modelsModel name

Avalon Camry*2

Corolla*3

Corona/ Avensis Hiace Hilux*4

IMV Qualis Sequoia Sienna Tacoma Tundra TUV WishYaris RX330

Start of production1994198719791979198919812004199920001997199519991976200320012003

2004 38,027 594,892 891,202 177,591 9,717 107,075 87,902 36,864 62,039 189,382 143,410 122,637 85,579 12,742 203,881 65,350

Cumulative total*1

834,063 5,936,636 6,918,537 1,910,608 116,174 1,828,901 87,902 142,423 292,566 863,925 1,505,753 607,342 1,599,384 12,742 584,705 78,685

(1 = 1 vehicle)

1-2. Production

SOURCE: TMCNOTES: 1) *1 As of the end of 2004 2) See inside front cover for description of " overseas production". 3) *2 Including "Solara" 4) *3 Including " Matrix" and " Voltz" 5) *4 Not including those manufactured as CKD vehicles in Thailand in order to

export to Australia

● Toyota's Japanese sales in 2004 came to 1.75 million vehicles, up 2.3% from 2003.● In 2004, overseas sales reached 4.95 million vehicles-the highest record to date.● Worldwide sales reached 6.71 million vehicles.

20032,072.2

121.3

834.7160.8620.6215.1

330.0

4,354.71,715.96,070.6

Sales by region* (1 = 1,000 vehicles)19951,169.2

96.0

384.1136.2433.0145.0

132.8

2,496.22,060.14,556.3

19961,251.5

82.2

411.9135.5444.8144.2

151.7

2,621.82,135.34,757.1

19971,356.7

115.1

471.2143.6417.9148.2

185.0

2,837.62,005.94,843.5

19981,516.0

125.0

540.9129.7229.5176.5

212.4

2,930.01,711.04,641.0

19991,631.3

99.9

592.3123.2252.9171.8

186.6

3,058.11,664.44,722.5

20001,766.3

105.6

655.8121.8339.3176.7

217.2

3,382.71,771.75,154.3

20011,893.6

107.5

666.0126.5342.2162.2

248.6

3,546.71,715.25,261.9

20021,940.8

96.9

755.6139.8455.0182.2

267.9

3,838.31,680.55,518.8

SOURCES: TMC, Toyota and Lexus brandsNOTE: *Regions as defined by TMC

Regional breakdown of sales

2004 Overseas sales by brand (1 = 1,000 vehicles)Region

North AmericaLatin America & the CaribbeanEuropeAfricaAsiaOceaniaMiddle East & Southwest AsiaOverseas Total

Lexus brand 297.1 0.2 24.9 0.3 18.2 5.8 12.2 358.7

Toyota brand 1,994.8* 153.1 891.1 206.4 753.3 227.1 364.4 4,590.0

Total 2,291.9 153.3 916.0 206.7 771.5 232.8 376.6 4,948.7

20042,291.9

153.3

916.0206.7771.5232.8

376.6

4,948.71,758.86,707.6

1-3. Sales

SOURCE: TMCNOTE: *Includes Scion

North AmericaLatin America &the CaribbeanEuropeAfricaAsiaOceaniaMiddle East &Southwest AsiaOverseas totalJapanese totalWorldwide total

Top 10 overseas markets in terms of sales (1 = 1,000 vehicles)

SOURCES: TMC, Toyota and Lexus brands

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Country/Region 2002 U.S.A. 1,756.1 Australia 161.0 Canada 152.8 Thailand 130.1 Italy 122.0 U.K. 121.4 Saudi Arabia 105.0 Germany 100.1 Taiwan 95.4 Indonesia 82.6

Country/Region 2003 U.S.A. 1,866.3 Australia 190.9 Thailand 188.7 Canada 165.0 U.K. 133.8 Italy 125.4 Saudi Arabia 111.2 Taiwan 108.1 Germany 106.1 Indonesia 101.5

Country/Region 2004 U.S.A. 2,060.0 Thailand 234.2 Australia 206.7 Canada 170.7 Indonesia 140.0 U.K. 138.1 Taiwan 135.3 Italy 128.7 Germany 120.4 China 116.2

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2004 Japanese sales breakdown by model

1-3. Sales

Model name Allex Allion Alphard Altezza Aristo Avensis* bB Brevis Caldina Cami Camry Celica Celsior Century Coaster Comfort Corolla Corona Crown Dyna Duet Estima FunCargo Gaia Granvia Harrier Hiace Hilux Ipsum IsisIst Kluger Land Cruiser Liteace Mark II*2

Mark XMR-S Nadia Noah Opa Passo Platz Porte Premio Prius Probox Progr<s Raum

2004 13,363 38,326 85,953 4,875 2,293 18,563 42,749 3,208 16,277 1,636 6,054 1,748 12,657 482 5,530 10,673 173,301 3 116,614 33,322 4,613 55,729 25,890 4,771 1 26,222 50,566 10,481 23,491 21,262 87,923 11,127 17,810 13,350 28,805 13,087 1,402 7 77,146 4,512 68,984 13,353 34,867 35,766 59,761 51,269 3,392 37,839

(1 = 1 vehicle)Start of sales

200120012002199819912003200020011992199919801970198919671992199519661957195519561998199019991998199519971967196719962004200220001951197019682004199919981996200020041999200420011997200219981997

Cumulative total*1

85,431 133,673 222,910 109,101 143,986 24,801 282,443 29,377 771,108 38,856 1,188,571 862,542 352,708 42,453 157,603 104,790 11,272,512 5,454,392 4,796,651 1,194,621 125,590 1,254,508 349,648 151,395 85,722 188,211 2,712,327 1,133,925 497,287 21,262 295,448 59,761 623,394 1,545,566 4,809,283 13,087 17,177 77,943 713,001 77,697 68,984 170,464 34,867 140,089 140,232 120,026 73,048 242,689

(continued)

RAV4 Sienta Soarer Sparky Sprinter Carib Succeed Townace Verossa Vista Vitz Voxy WiLL Cypha WiLL VS Windom Wish

199420031981200019822002197620011982199920012002200119912003

12,025 67,551 696 1 3 8,522 16,334 964 25 60,788 62,371 5,718 372 3,541 126,531

342,195 94,154 342,815 8,980 362,275 54,617 1,813,863 25,708 743,080 692,596 205,736 30,252 14,950 226,390 285,189

SOURCES: JADA, *TMCNOTES: 1) *1 As of the end of 2004 2) *2 Including Mark II Blit

2004 Japanese sales breakdown by category in Japanese market (excl. mini vehicles)

Model namePassenger cars total* 3 Box type (including Sports & speciality type) 2 Box type Station wagon typeRV total* Minivans & Cabwagon type Sports utility typeTrucksBusesTotal*

Japanese market 2,199 (96.7) 688 (102.9) 1,057 (96.7) 246 (85.6) 1,196 (103.3) 978 (104.7) 192 (93.3) 541 (94.6) 18 (85.7) 3,962 (98.4)

Toyota sales 968 (107.6) 425 (120.4) 433 (104.2) 109 (84.2) 610 (96.8) 528 (99.5) 82 (82.3) 175 (97.2) 6 (82.8)1,759 (102.5)

Share (%) 44.0 61.9 41.0 44.3 51.0 54.0 42.6 32.4 30.7 44.4


SOURCE: TMCNOTES: 1) Figures in parentheses indicate % change over the previous year. 2) *Including imported vehicles

1-3. Sales

(1 = 1 vehicle)Model name Start of sales 2004 Cumulative total*1

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Export from Japan

1-4. Exports

● Toyota's exports from Japan in 2004 came to about 1.95 million vehicles, up 6.6% from 2003.

Toyota s exports from Japan by region

North AmericaLatin America &the CaribbeanEuropeAfricaAsiaOceaniaMiddle East &Southwest AsiaOthersTotal

1995 454.4

110.9

263.0 46.6 156.1 76.7

89.3

5.41,202.4

1996 456.3

86.2

303.6 44.2 184.3 82.1

112.1

7.81,276.7

1997 510.8

135.3

404.1 47.3 161.6 93.6

133.7

7.81,494.3

1998 569.5

125.1

372.5 49.2 79.3 104.2 155.7

7.41,462.8

1999 650.1

89.0

447.9 42.3 93.4 102.3

114.5

8.51,548.0

2000 717.7

93.9

491.1 37.4 117.5 115.0

126.3

7.31,706.2

2001 720.8

97.4

433.1 38.2 99.0 113.1

158.5

5.71,665.7

2002 852.1

75.2

392.7 53.6 147.2 128.1

160.4

7.51,816.8

2003 782.8

71.5

424.6 58.2 154.7 154.1

182.6

7.51,836.0


SOURCE: TMCNOTES: 1) Toyota and Lexus brands 2) Regions as defined by JAMA 3) Includes CKD vehicles

Top 10 exports by destination (1 = 1,000 vehicles) Destination 2002 U.S.A. 760.5 Australia 111.5 Canada 91.5 Saudi Arabia 71.6 Italy 69.8 U.K. 61.0 Germany 54.5 China 46.3 France 43.1 Oman 24.8

Destination 2003 U.S.A. 717.7 Australia 134.2 Saudi Arabia 68.1 U.K. 66.9 Italy 66.8 Canada 65.1 Germany 55.4 China 48.3 France 44.4 U.A.E 30.2

2004 813.5

95.6

419.0 92.0 156.2 164.6

202.1

8.61,951.7

Destination 2004 U.S.A. 762.1 Australia 143.2 Saudi Arabia 73.8 U.K. 62.2 Italy 51.5 Canada 51.4 Germany 48.3 China 44.6 Russia 42.0 France 35.5

2004 exports by model

1-4. Exports

Toyota brandModel name

Camry/ Camry CNG Celica Century Coaster Corolla (including Corolla Spacio) Crown Dyna/ Toyoace Hiace/ Semi bonnet Highlander ( Kluger) Hilux (including 4 Runner) Land Cruiser Liteace/ Townace MR-S Picnic ( Ipsum) Previa ( Estima) Prius RAV4/ RAV4 EV WishxA Yaris/ Echo ( Vitz/Plaz/ Funcargo) Scion xA Scion xB Scion tC

Start of exports19821970196719691966195419571967200019681952197119841996199020001994200320031998200320032004

2004 81,190 12,863 2 8,067 234,507 6,979 31,339 58,084 146,710 262,629 223,270 1,542 5,082 14,405 13,769 71,058 228,280 13,950 2,570 151,302 26,183 52,173 34,716

Cumulative total*1

3,076,396 3,297,885 105 187,529 11,358,026 750,132 884,684 2,043,923 531,047 9,192,498 3,820,783 433,836 243,844*2

162,717 452,513 148,772 1,492,996 17,670 4,498 1,403,733 33,211 64,756 34,716

SOURCE: TMCNOTES: 1) *1 As of the end of 2004 2) *2 Includes cumulative figures of MR2

(1 = 1 vehicle)

Lexus brandModel name

ES300/330 GS300/430 GX470 IS200/300 LS400/430LX450/470 RX300/330SC300/400/430

Start of exports19891993200219981989199519971991

2004 66,361 9,252 37,596 18,479 41,417 14,163 71,753 11,306

Cumulative total* 753,772 256,509 73,850 172,576 487,456 117,651 579,622 144,873

(1 = 1 vehicle)

SOURCE: TMCNOTE: *As of the end of 2004

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1-4. Exports

Exports of finished vehicles from overseas subsidiariesModel(s)

Corolla, Matrix RX330 Tacoma Avalon, Camry Tundra, Sequoia, Sienna Hilux Corolla Hilux, Land Cruiser, Prado Land Cruiser, Corolla Yaris Dyna, Optimo Corolla Avensis, Corolla

Corolla, Hilux, TUV

Kijang Soluna Vios Corolla Hilux

Camry, Avalon (only NZ)

Export destination(s)

U.S., MexicoU.S. Canada Canada, Mexico, Middle East Canada Mexico, Brazil, etc. Argentina, etc. Ecuador, Venezuela

Colombia, EcuadorEurope, MexicoEuropeEurope, Middle EastEurope ( Avensis, Corolla), Middle East, Africa, South America ( Avensis), Japan ( Avensis) Zimbabwe, Malawi, Mozambique, Zambia, Nigeria, etc.Bruinei, Papua New Guinea, South Pacific Brunei, Singapore, Philippines, Indonesia Indonesia, Singapore Philippines, Laos, Cambodia, Singapore, Australia New Zealand, Middle East, South Africa, etc.

Promotion of exports by overseas subsidiaries

Producing country/ region (company)

Canada ( TMMC)

U.S.A. ( NUMMI) ( TMMK) ( TMMI) Argentina ( TASA) Brazil ( TDB) Colombia ( SOFASA) Venezuela ( TDV) France ( TMMF) Portugal ( CAETANO) Turkey ( TMMT) U.K. ( TMUK)

South Africa ( TSAM)

Indonesia ( TMMIN) Thailand ( TMT)

Australia ( TMCA)

Exports of parts and materials from overseas subsidiariesProducing country/ region (company)

Products Export destination(s)

1-4. Exports

U.S.A. (Bodine)

(TABC)

( TMMK)

( TMMWV) U.K. ( TMUK)

South Africa(TSAM)

China ( TTME) ( TFAP)

( TTFC)

Indonesia (TMMINM)

Malaysia (ASSB)

Poland ( TMMP) Philippines( TAP)

( TMP)

Taiwan ( Kuozui)

Thailand (STM)

( TMT)

Differential carrier coverCylinder headsCatalystsConvertersAZ enginesMZ enginesCKD parts for the Camry and AvalonZZ enginesZZ engine partsSZ enginesCKD parts for the CorollaCataliytic convertersAluminum wheelsCKD parts for the CorollaCylinder blocks, Cam ShaftsConstant verocity universal jointsInboard JointCVJ forging materials7K engines

CKD parts for the TUVCKD parts for the Corolla, Camry, Hilux, etc.Transmissions (C series)Transmissions (C series)Transimissions (G series)CVJ (AJ series)CKD parts for the Corolla, Camry, etc.JacksCKD parts for the TUV, Corolla, Camry, etc.Engines (L series)Cylinder blocksParts for enginesBody panelsCKD parts for the Corolla, Camry, etc.

JapanJapanJapan, CanadaJapan, CanadaJapan, CanadaJapan, Canada Australia

Japan, CanadaJapan, Turky, Brazil, Venezuela, South Africa France Brazil, Venezuela, South AfricaJapan, FranceEurope Brazil, VenezuelaJapanJapan

Japan PhilippinesJapan, ASEAN, Taiwan, India, South Africa, Australia, etc.ASEAN, Taiwan, India, South Africa, Australia, etc.ASEAN, Taiwan, India, Australia, etc.

France, U.K.JapanASEAN, Taiwan, India, South Africa, etc.ASEAN, Taiwan, India, South Africa, etc.ASEAN, Taiwan, India, Australia, etc.

JapanASEAN, India, South Africa, Australia, Brazil, etc.

Japan, ASEAN, Taiwan, India, South Africa, AustraliaJapanASEAN, Taiwan, India, South Africa, AustraliaJapanASEAN, Taiwan, India, Australia, etc.

13

JAPA

NESE

OP

ERAT

IONS

14

5

5

31

6

5 6

55

77

57

68

968

75

9

55

55

125

55

55

45 9 6

135

55 5

5

55

5585

4

��

��

��

��

��

� ��

��

��

��

��

��

11

57 2

84 6

1

3

12

� � ��

��

��

�

��

10

9

�

�

�

2-1. Japanese manufacturing and marketing organizations

A total of 12 Toyota plants are located in and around Toyota City and other areas of Aichi Prefecture. Toyota has established three other domestic manufacturing companies outside of Aichi-in Kyushu, Hokkaido and Tohoku.

There are 295* Toyota dealers in Japan, consisting of 4 channels: " Toyota" dealers,"Toyopet" dealers, "Toyota Corolla" dealers and "Netz Toyota" dealers. In addition, DUO sales outlets, which sell Volkswagen vehicles, have been operating since April 1992.

Locations of Toyota facilities

Tokyo Head OfficeHigashi-Fuji Technical Center

Toyota Motor Kyushu, Inc.

Nagoya Office

Toyota Motor Tohoku Co., Ltd.

Toyota Motor Hokkaido, Inc.

Shibetsu Proving Ground

NOTE: Figures for eachprefecture represent thenumber of dealersmarketing Toyotavehicles.

WWW Websites in Japanwww.toyota.co.jp gazoo.com (Japanese)

NOTE: * As of February 2005

2-2. Japanese plants and other Toyota facilities

Toyota plantsMain productsName Number of

employeesBldg. area(1,000m2)

Site area*(1,000m2)

Start of operations

Main productsName Number of employees

Bldg. area(1,000m2)

Site area(1,000m2)

Start of operations

Vehicles, chassis, forged parts, chassis mechanical partsVehiclesEnginesVehiclesChassis parts, chassis mechanical partsVehiclesEngine / chassis casted parts, chassis mechanical partsEngines, exhaust emission control devicesDrivetrain casting partsVehiclesMachinery, dies for casting / molds for plastic partsR&D and production of electronic parts and semiconductors, etc.

VehiclesAutomatic transmissions, transfers, aluminum wheelsMechanical and electronic parts

Honsha Plant

Motomachi PlantKamigo PlantTakaoka PlantMiyoshi PlantTsutsumi PlantMyochi Plant

Shimoyama PlantKinu-ura PlantTahara PlantTeiho Plant

Hirose Plant

Total Toyota Motor Kyushu, Inc. Toyota Motor Hokkaido, Inc. Toyota Motor Tohoku Co., Ltd.

470

650690470190510370

260640

1,590120

240

250170

20

550

1,600870

1,360330940560

410840

4,030290

250

1,270980

290

1938

195919651966196819701973

1975197819791986

1989

19921992

1998

NOTES: 1) Toyota Motor Kyushu, Inc., Toyota Motor Hokkaido, Inc., and Toyota Motor Tohoku Co., Ltd. are wholly owned subsidiaries of Toyota Motor Corp

2) As of March 2004; data of main products as of February 2005 3) *Site areas include leased properties.

Other Toyota facilities

Research & advanced developmentTesting and evaluation of automobilesShippingShipment of parts for overseas productionSupervision of spare parts centersWarehousing and service of large-size spare partsWarehousing and service of small and medium-size spare partsWarehousing and service of interior and exterior spare partsWarehousing and service of parts for overseas production and spare parts

Higashi-Fuji Technical Center*Shibetsu Proving Ground*Nagoya Wharf CenterTobishima CenterHaruhi Parts CenterInazawa Parts Center

Oguchi Parts Center

Kamigo Logistics Center

Tobishima Logistics Center

Total

2,54118930

-5676

190

245

152

3,479

23020203

5060

60

140

80

2,0009,300

661280100107

99

356

238

196619841964198519611978

1978

1968

1988

2,598

6,1813,1775,3701,6025,1111,722

1,4032,9276,8331,607

1,299

39,8302,0951,303

149

NOTES: 1) As of March 2004 2) *As of February 2005

12

3

15

JAPA

NESE

OP

ERAT

IONS

16

2-3. Japanese automobile sales network

Dealer channels and models

"Toy

ota"

Dea

lers

Toky

o Toy

ota

Osa

ka To

yota

"Toy

opet"

Dea

lers

Toky

o Toy

opet

Osa

ka To

yope

t

"Toy

ota C

oroll

a" D

ealer

s"N

etz To

yota"

Dea

lers

"Duo

" Dea

lers

Allex Allion Alphard G Alphard HV Alphard V Altezza Aristo Avensis bB Brevis Caldina Cami Camry Celica Celsior Century Coaster Corolla Crown Dyna Estima Hybrid Estima L Estima T FunCargo Harrier Hiace Hilux Surf Ipsum Isis istKluger L Kluger V

2-3. Japanese automobile sales network

Dealer channels and models

NOTES: 1) *Lupo, Polo, Golf, Golf Wagon, New Beetle, Passat, Passat Wagon

2) As of February 2005

Land Cruiser Liteace Mark II Blit Mark X MR-S Noah Opa Passo Platz Porte Premio Prius Probox Progr>s Raum RAV4 J RAV4 L Regius Ace Sienta Soarer Succeed Townace Toyoace Vitz VoxyVW* WiLL CYPHA Windom Wish

"Toy

ota"

Dea

lers

Toky

o Toy

ota

Osa

ka To

yota

"Toy

opet"

Dea

lers

Toky

o Toy

opet

Osa

ka To

yope

t

"Toy

ota C

oroll

a" D

ealer

s"N

etz To

yota"

Dea

lers

"Duo

" Dea

lers

17

JAPA

NESE

OP

ERAT

IONS

18

2-4. Japanese production sites

Toyota plants Affiliated company plants

Hons

ha P

lant

Motom

achi

Plant

Taka

oka P

lant

Tsuts

umi P

lant

Taha

ra Pla

nt

Toyo

ta Au

to Bo

dy C

o., Lt

d.

Kanto

Auto

Work

s, Ltd

.

Centr

al Mo

tor C

o., Lt

d.

Gifu A

uto Bo

dy In

dustr

y Co.,

Ltd.

Daiha

tsu M

otor C

o., Lt

d.

Hino

Moto

rs, Lt

d.

Toyo

ta Ind

ustrie

s Corp

oratio

n

Toyo

ta Mo

tor K

yush

u, Inc

.

Allex Allion Alphard Altezza(including IS200/300) Avensis* bB(including Scion xB) Brevis Caldina Cami Camry Celica Celsior(including LS430) Century Coaster Corolla Comfort Crown Dyna/ Toyoace Estima FunCargo Harrier(including RX300/330) Hiace Hilux Himedic Isis Ipsum Ist(including Scion xA) Kluger Land Cruiser(including LX/ GX470) Liteace

NOTES: 1) *Manufactured at Toyota Motor Manufacturing (UK) Ltd. 2) As of February 2005 3) only chassis, OEM

2-4. Japanese production sites

Toyota plants Affiliated company plants

Hons

ha P

lant

Motom

achi

Plant

Taka

oka P

lant

Tsuts

umi P

lant

Taha

ra Pla

nt

Toyo

ta Au

to Bo

dy C

o., Lt

d.

Kanto

Auto

Work

s, Ltd

.

Centr

al Mo

tor C

o., Lt

d.

Gifu A

uto Bo

dy In

dustr

y Co.,

Ltd.

Daiha

tsu M

otor C

o., Lt

d.

Hino

Moto

rs, Lt

d.

Toyo

ta Ind

ustrie

s Corp

oratio

n

Toyo

ta Mo

tor K

yush

u, Inc

.

Mark II Mark X MR-S Noah Opa Passo Platz Porte Premio Prius Probox Progr>s Raum RAV4 Regius Sienta Soarer(including SC430) Succeed Townace Vitz Voxy WiLL Cypha Windom(including ES330) Wish

19

JAPA

NESE

OP

ERAT

IONS

20

2-5. Toyota group and suppliers organizations

The Toyota GroupCompany name

Toyota Industries Corporation

Aichi Steel Corporation

Toyoda Machine Works, Ltd.

Toyota Auto Body Co., Ltd.

Toyota Tsusho Corporation

Aisin Seiki Co., Ltd.

DENSO CORPORATION

Toyoda Boshoku Corporation

Towa Real Estate Co., Ltd.

Toyota Central Research and Development Laboratories, Incorporated Kanto Auto Works, Ltd.

Toyoda Gosei Co., Ltd.

Hino Motors, Ltd.

Daihatsu Motor Co., Ltd.

Main products / activities

Manufacture and sales of spinning and weaving machines, industrial vehicles and automobiles Manufacture and sales of speciality steel and forged steel products Manufacture and sales of machine tools and auto parts Manufacture of auto and special vehicle bodies and parts Import, export and trading of raw materials and products Manufacture and sales of auto parts, household appliances and die-cast parts Manufacture and sales of electric auto components and household appliancesVehicle interior partsFilters and mechanical powertrain partsTextiles Real estate development, management and rental Fundamental technical research for the Toyota Group

Manufacture of auto bodies and parts and equipment for housing construction Manufacture and sales of synthetic resin, rubber and cork products Manufacture and sales of large trucks and busesManufacture and sales of automobiles

Est'd.

Nov. 1926

Mar. 1940

May 1941

Aug. 1945

Jul. 1948

Jun. 1949

Dec. 1949

May 1950

Aug. 1953

Nov. 1960

Apr. 1946

Jun. 1949

May 1942

Mar. 1907

Equity sh (%)

23.51

24.22

23.62

50.01

22.99

22.67

23.20

46.82*

45.00

54.00

50.08

42.61

50.11

51.19

Capital( million)

80,462

25,016

24,805

8,871

26,748

45,049

187,456

4,933

23,750

3,000

6,850

25,318

72,717

28,404

Number ofemployees 9,888

2,407

3,850

8,077

1,712

10,208

38,620

2,118

77

883

5,361

5,463

8,673

10,296NOTES: 1) As of the end of fiscal year 2004 2) *As of October 2004

Suppliers organizationsAssociation Kyohokai Eihokai

Est'd Dec. 1943 Apr. 1983

Number of companies 203 121

Main products /activitiesManufacture of auto parts and components Manufacture of molds, gauges, jigs, etc. and contractors for plant facilities

NOTE: As of February 2005

2-6. Major investments in non-automotive industries

Outline of major Toyota investments in non-automotive industries

NOTES: 1) As of March 2004 2) *1 As of December 2004 3) *2 Renamed April 2003 (formerly Gazoo Media Service Corp.) 4) *3 Renamed October 2004 (formerly FM NAGOYA Inc.)

Finance

IT

Media

ITS

Toyota Financial Services*1 CorporationAioi Insurance Co., Ltd. KDDI Corporation

Toyota Digital Cruise Inc.

Toyota Communication Systems Co., Ltd.

Toyota C#lum Inc.

Toyota Info Technology Center Co., Ltd.

Digital Media*2 Service Co.

TAS Co., Ltd.

Himawari Network Inc.

ZIP-FM Inc.*3

Nagoya Broadcasting Network Satellite Positioning Information Service, Ltd. Toyota Map Master

Japan Mayday Service Co., Ltd.

Overseeing the management of Toyota financing companiesNonlife insurance businessTelephone and cellular phone serviceInternet serviceData center serviceValue Added Network (VAN) businessIntranet service, and system integrationDevelopment, maintenance and operation of key global design, procurement, production, sales and managerial systems, as well as consultation concerning such systemsDevelopment, sales, and service of business improvement systems (particularly CAD/CAM systems) for the manufacturing industryDevelopment of IT-related technologies and discovery and development of new business modelsSales support and maintenance service of Gazoo system hardwareSystem integrationProvision of real estate appraisals/ information via the internetOperation of cable television service and Internet serviceGeneral broadcasting business and music entertainment businessTV broadcasting

Providing solutions for correcting discrepancies in GPS data for car navigation systemsProduction and sales of map data for navigation systemsRelay of requests for emergency assistance to police, rescue services, etc.

2000

19181984

1996

2001

1993

2001

2000

2000

1989

1992

1961

1996

1998

1999

100.0

33.4 11.7

60.8

100.0

77.86

65.0

75.0

22.2

21.5

8.7

34.6

20.8

51.1

22.3

78.52

100.00 141.85

0.80

1.42

0.70

3.00

0.15

0.18

2.31

1.20

0.40

0.48

0.48

1.15

58

8,686 8,985

228

1,147

174

29

148

6

64

29

228

2

93

15

Company name Main products / activities Est'd. Equity share (%)

Capital( billion)

Number ofemployees

21

JAPA

NESE

OP

ERAT

IONS

22


Outline of major Toyota investments in non-automotive industries (continued)

NOTES: 1) As of March 2004 2) *As of June 2004

Auto-peripheral business

Bio

Energy

Environment

Life

Marine

Aero-space

New material

Amlux Toyota Co., Ltd.

Toyota Automall Development Corp.

Fuji International Speedway Co., Ltd. LIFE CREATION CO., LTD. TACTI Corporation

Panasonic EV Energy Co., Ltd.

Toyota Modellista International Corporation

TOYOTA TECHNO SERVICE CORP.

Toyota Floritech Co., Ltd. Toyota Roofgarden Corporation

Toyota Turbine and System

Eco-Research Corporation WELLNESS FRONTIER CENTER, CO. ,LTD.

GOOD LIFE DESIGN CO., LTD. GAMAGORI Marine Development Co., Ltd. Nagasaki Sunset Marina Co., Ltd. AIRFLITE JAPAN Corp.

Aero Asahi Corporation

Admatechs Co., Ltd.

Operation of automotive showroomsPlanning and operation of automobile sales facilities and shopping centersManagement of facilities for various motorsports racesManagement of off-road courses in Aichi PrefectureSales of automobile-related parts and accessoriesCar shop franchisesDevelopment, manufacture and sales of batteries and related devices for electric and hybrid electric vehiclesDevelopment and sales of customized vehicles and components, and offering individualized servicesVehicle developmentDeveloping and managing

inforrmation systemGathering and analysis

of technological informationCultivating vehicle engineersProduction and sales of flori-culture Roofgarden construction and sales of flori-cultural and gardening materialsProduction and sales of small gas turbine co-generation systemService of Internet-based environmental information Creating network-based communities for the enhancement of wellnessSuppoting local medical institutions & care facilitiesManagement of the compound reration institutionDevelopment of resort-related businessFlight training, airport managementHelicopter flight service and aerial surveyingManufacturing and sales of raw materials for ceramics

1990

1999

1963

1993

1996

1996

1997

1982

1999

2001

1998

2001

2000

2002

1991

1993

1992

1980

1990

100.0

100.0

93.4

40.0

80.0

40.0

75.0

100.0

50.0

70.0

70.0

51.0

14.2

51.0

15.8

76.9

75.0

97.4

53.4

0.05

0.49

100.9

0.075

0.45

2.00

0.10

0.10

0.10

0.055

1.60

0.10

0.15

0.26

0.1

0.14

0.4

3.19

0.3

33

15

47

6

392

450

76

1,355

40

18

77

5

10*

71

135

5

38

1,105

48


Capital( billion)

Number ofemployees


Outline of major Toyota investments in non-automotive industries (continued)

NOTES: 1) As of March 2004 2) *1 As of August 2004 3) *2 As of June 2004 4) *3 As of January 2005

Engineering

Employee enterprise promotion project

Others

Sanritz Automation Co., Ltd

Toyota MACS Inc.

BPA INCORPORATED

MTA INCORPORATED

LATTICE TECHNOLOGY, lNC.

CARTEC FUJI Inc.

Terra Corporation

CREST HOMES Inc. Media Click Inc.

Toyota Mizunami Development Co., Ltd. Nagoya Grampus Eight Inc. TOYOTA AMENITY Inc.

OJT Solutions Co., Ltd.

TOYOTA Personal Support Co., Ltd.

Development, manufacture and sales of board computer and ITSDevelopment of various types of measuring equipment and measurement-control systemsDesign of vehicle production engineeringDesigning production equipment through digital engineeringDevelopment and sales of a group of tools using ultra-Small 3DOutside certification testing of brakesVehicle inspection and maintenanceDevelopment and manufacturing of regenerative bunerSales of import housingProviding broadcast-correlated information accessible by cellular phones and other types of portable terminalsOperation of golf courses

Organization and management of a professional soccer teamManagement and consulting service for hotels, wedding halls, restaurants and sporting facilitiesImplementation of production line improving of production planCompany's welfare management

1971

1990

1991

1991

1999

1996

1996

19962001

1989

1991

1992

2002

2002

30.0

57.0

100.0

100.0

28.8

24.5

85.0

98.0 40

37.6

22.5

100.0

51.0

100.0

1.33

0.10

0.40

0.25

4.33

0.02

0.10

0.40 0.10

2.57

0.40

0.10

0.25

0.06

100 *1

1,091

129

77

37 *2

40

5

7 2

47

30

88 *3

70

317 *2


Capital( billion)

Number ofemployees

23

GLOB

AL

OPER

ATIO

NS

24

3-1. Overseas operations

At the end of 2004, Toyota had a total of 51 overseas manufacturing companies in 26 countries / regions. Toyota markets vehicles in more than 170 countries and regions.

3-2. Regional assets

RegionNorth AmericaLatin America & the CaribbeanEuropeAfricaAsia (excluding Japan)OceaniaMiddle East & Southwest AsiaOverseas total

Marketing Importers 5 42 27 52 12 15 19 172

Manufacturing companies 11 4 6 2 22 1 5 51

25

GLOB

AL

OPER

ATIO

NS

26

3-3. Overseas manufacturing companies

Toyota s overseas manufacturing companies

123456789

2021222324252627282930313233343536373839404142434445464748495051

Name Toyota Argentina S.A. Toyota Motor Corporation Australia Ltd. Aftab Automobiles Ltd. Toyota do Brasil LTDA. Canadian Autoparts Toyota Inc. Toyota Motor Manufacturing Canada Inc. Tianjin Jinfeng Auto Parts Co., Ltd. Tianjin Toyota Motor Engine Co., Ltd.Tianjin Toyota Forging Co., Ltd. Tianjin Fengjin Auto Parts Co., Ltd.Sichuan Toyota Motor Co., Ltd. Tianjin Toyota Press Co., Ltd. Tianjin Toyota Resin Co., Ltd.Tianjin FAW Toyota Motor Co., Ltd. Chang Chun FAW Fengyue Auto Co., Ltd.FAW Toyota Changchun Engine Co., Ltd. Guanigqi Toyota Engine Co., Ltd. Toyota FAW (Tianjin) Dies Co., Ltd. Guangzhou Toyota Motor Co., Ltd. (2006)* Sociedad de Fabricacion de Automotores S.A. Toyota Peugeot Citro?n Automobile Czech (2005)* Toyota Motor Manufacturing France S.A.S. Toyota Kirloskar Motor Private Ltd. Toyota Kirloskar Autoparts Private Ltd. PT. Toyota Motor Manufacturing Indonesia Associated Vehicle Assemblers Ltd. Assembly Services Sdn. Bhd. Toyota Motor Manufacturing de Baja California S.de R.L.de C.V. Indus Motor Company Ltd. Toyota Autoparts Philippines Inc.Toyota Motor Philippines Corp. Toyota Motor Manufacturing Poland SP.zo.o. Toyota Motor Industries Poland SP.zo.o. (2005)* Salvador Caetano I.M.V.T., S.A. Toyota South Africa Motors (Pty.) Ltd. Kuozui Motors, Ltd. Siam Toyota Manufacturing Co., Ltd. Toyota Auto Body Thailand Co., Ltd. Toyota Motor Thailand Co., Ltd. Toyota Motor Manufacturing Turkey Inc. Toyota Motor Manufacturing (UK) Ltd. Bodine Aluminum, Inc. New United Motor Manufacturing, Inc. TABC, Inc. Toyota Motor Manufacturing, Alabama, Inc. Toyota Motor Manufacturing, Kentucky, Inc. Toyota Motor Manufacturing, Indiana, Inc. Toyota Motor Manufacturing, West Virginia, Inc. Toyota Motor Manufacturing,Texas,Inc.(2006)* Toyota de Venezuela Compania Anonima Toyota Motor Vietnam Co., Ltd.

Country/region

Argentina Australia Bangladesh Brazil Canada

China

Colombia Czech Republic France India Indonesia Kenya Malaysia Mexico Pakistan Philippines

Poland

Portugal South Africa Taiwan Thailand

Turkey U.K. U.S.A.

Venezuela VietnamNOTE: *Planned year of operational start

3-4. Overseas model offerings

Toyota brand products names by marketJapanNorth America

Latin America & the Caribbeans

Europe

AfricaAsia

Oceania

Middle East & South West Asia

Estima-

-

Previa

Previa Previa

Previa/Tarago Previa

FunCargo-

Yaris Verso

Yaris Verso

Yaris Verso Echo Verso

-

Yaris Verso

Kluger Highlander

-

-

--

Kluger / Highlander-

Ipsum-

-

Avensis Verso Picnic Picnic

Avensis Verso-

Platz Echo

Yaris

-

Echo Echo

Echo

Echo

Vitz Echo

Yaris

Yaris

Yaris Echo

Echo

Yaris

MR-S MR2/

Spyder MR2

-

--

MR2

-

Spacio -

-

Corolla Verso-

Corolla Verso

-

Corolla Verso

27

GLOB

AL

OPER

ATIO

NS

28

3-4. Overseas model offerings (continued)

Overseas model offerings

NOTES: 1) : Made in Japan : Made outside Japan :Made in and outside Japan 2) *1 Excluding Hawaii 3) *2 Japan model names; for names in local markets, pls see P.26

Toyota brand

Alpha

rd Av

alon

Aven

sis ve

rso Ca

mry

Camr

y Sola

ra Ce

lica Ce

ntury

Coas

ter Co

rona /

Aven

sis Co

rolla

Corol

la Vers

o Cr

own

Dyna

Hiace

/ Semi

bonn

et Hig

hland

er Hil

uxHil

ux Vi

goKij

ang I

nnov

a La

nd Cr

uiser

Liteac

e Ma

trix MR

2/ MR2

Spyd

er Vit

z*2

Platz*

2

FunC

argo*2

NorthAmerica

U.S.A.*1

Hawaii Puerto Rico Canada Mexico

LatinAmerica

Argentina Venezuela Brazil

Europe Germany France U.K. Italy Spain Netherlands Belgium Portugal Denmark Greece Ireland Sweden Austria FinlandSwitzerland NorwayPolandHungaryCzech RussiaSlovenia


Toyota brand Lexus brand

Picnic

Previa

Prius

RAV4

Sequ

oia Sie

nna

Taco

ma TU

V Tu

ndra

Vios

xA 4 Run

ner

Scion

tC Sc

ion xA

Scion

xB ES

300/3

30 GS

300/4

30 GX

470

IS200

/300

LS43

0 LX

470

RX30

0/330

SC43

0

NorthAmerica

U.S.A.*1

Hawaii Puerto Rico Canada Mexico

LatinAmerica

Argentina Venezuela Brazil

Europe Germany France U.K. Italy Spain Netherlands Belgium Portugal Denmark Greece Ireland Sweden Austria FinlandSwitzerland NorwayPolandHungaryCzech RussiaSlovenia


NOTES: 1) : Made in Japan : Made outside Japan :Made in and outside Japan 2) *1 Excluding Hawaii

29

GLOB

AL

OPER

ATIO

NS

30



NOTES: 1) : Made in Japan : Made outside Japan :Made in and outside Japan 2) *Japan model names; for names in local markets, pls see P.26

Toyota brand

Alpha

rd Av

alon

Aven

sis ve

rso Ca

mry

Camr

y Sola

ra Ce

lica Ce

ntury

Coas

ter Co

rona /

Aven

sis Co

rolla

Corol

la Vers

o Cr

own

Dyna

Hiace

/ Semi

bonn

et Hig

hland

er Hil

uxHil

ux Vi

goKij

ang I

nnov

a La

nd Cr

uiser

Liteac

e Ma

trix MR

2/ MR2

Spyd

er Vit

z* Pla

tz* Fu

nCarg

o*

Africa South AfricaAsia Indonesia

Thailand Philippines Malaysia Singapore Taiwan Hong Kong China

Oceania Australia New Zealand

MiddleEast&South-westAsia

Saudi Arabia Oman Kuwait U.A.E. Turkey Pakistan India


Toyota brand Lexus brand

Picnic

Previa

Prius

RAV4

Sequ

oia Sie

nna

Taco

ma TU

V Tu

ndra

Vios

xA 4 Run

ner

Scion

tC Sc

ion xA

Scion

xB ES

300/3

30 GS

300/4

30 GX

470

IS200

/300

LS43

0 LX

470

RX30

0/330

SC43

0

Africa South AfricaAsia Indonesia

Thailand Philippines Malaysia Singapore Taiwan Hong Kong China

Oceania Australia New Zealand

MiddleEast&South-westAsia

Saudi Arabia Oman Kuwait U.A.E. Turkey Pakistan India


NOTE: : Made in Japan : Made outside Japan

31

GLOB

AL

OPER

ATIO

NS

32

3-5. R&D organization

Toyota utilizes a multi-phase development process. Synergy between these phases helps assure Toyota can consistently bring forward-thinking, high-quality, attractive products quickly to its customers.

1. Basic Research and Development This phase defines the basic direction of development. It entails developing basic

parts-the building blocks of a vehicle.2. Advanced Engineering Development This phase is where breakthroughs in technology occur. In order to keep one step

ahead of our competitors, this phase focuses on new components and systems research.

3. Product Development This phase centers around developing new vehicle models.

Toyota Technical Center U.S.A. Inc. (Torrance) Calty Design Research, Inc. Arizona Proving Ground

Toyota Technical Center, U.S.A., Inc.

Toyota Europe Design Development S.A.R.L. (ED2)

TMEM R&D Group (Technical Center)

Basic Research & Development

Advanced Engineering Development

Product Development

Basic Components Systems Vehicles

Toyota Central Research & Development Laboratories, Inc.

Future Project Div.

Component & System Development Center

Power Train Development Center Vehicle Development

Center I - IIIParts Suppliers Body Makers

Fuel Cell System Development Center


Higashi-Fuji Technical Center

Tokyo Design Research & Laboratory

Shibetsu Proving GroundToyota Technical Center (Head Office)

Toyota Technical Center Asia Pacific Thailand Co. Ltd.

Toyota Technical Center Asia Pacific Australia Pty. Ltd.

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NOTE: *Originally established in September 1989 as Tokyo Design Center (Technical Center). The facility was moved from Mita to Hachioji and was renamed Tokyo Design Research & Laboratory (Technical Center) in April 1999.

JapanToyota Technical Center(Head Office)

Tokyo Design Research & Laboratory(Technical Center)

Higashi-Fuji Technical Center

Shibetsu Proving Ground

LocationDate of establishmentMain activities

LocationDate of establishmentMain activities

LocationDate of establishmentMain activitiesLocationDate of establishmentMain activities

Toyota City, Aichi Prefecture -Planning, design, vehicle evaluation, prototypes, etc.Ishikawa, Hachioji City, TokyoApril 1999*Design research and development of advanced styling designs

Mishuku, Susono City, Shizuoka PrefectureNovember 1966Research and advanced developmentOnnebetsu, Shibetsu City, HokkaidoOctober 1984Vehicle testing and evaluation

U.S.A.


Toyota Technical Center, U.S.A., Inc.

Calty Design Research, Inc.

Ann Arbor, Michigan (with offices in Plymouth, Michigan; Torrance and Gardena, California; Wittmann, Arizona; and Washington, D.C.)June 1977Toyota Motor Corporation., 80%; Toyota Motor Sales U.S.A. Inc., 10%; Aisin Seiki Co., Ltd. and Denso Co., Ltd., 5% each754TTC conducts automotive R&D work in everything from the testing and evaluation of U.S. parts and materials to emissions certification and technical research. TTC is also playing an increasingly important role in the design-engineering and development of Toyota products, particularly those developed for the North American market.Newport Beach, CaliforniaOctober 1973 Toyota Motor Corporation., 80%; Toyota Motor Sales U.S.A., Inc., 20%62Toyota's first overseas design base, where Japanese and American designers cooperate in the research and development of new designs. Design development thus far includes the second generation Celica, Estima (U.S. name: Previa), Soarer (U.S. name: Lexus SC430), Tacoma, Prius and Solara. Furthermore, a new building for advanced exterior, interior and color design was completed in May 1991, and existing facilities were also improved.

Location

Date of establishmentEquity participation

EmployeesMain activities

LocationDate of establishmentEquity participation

EmployeesMain activities

Europe TMEM R&D Group (Technical Center)

Toyota Europe Design Development S.A.R.L. (ED2)

Toyota Motorsport GmbH

Location

Date of establishmentEmployeesMain activities

LocationDate of establishmentStart of operationEmployeesMain activities

Location Date of establishmentEmployeesMain activities

Zaventem, Belgium (with offices in Derbyshire, Great Britain and Kerpen, Germany)September 1987305Support to Toyota's European projects; Evaluation of vehicles and material in European conditions and environments; Research and investigation of technologies in Europe; Homologation of Toyota's vehiclesC]e d'Azur, FranceNovember 1998May 200034Design development (exterior styling, interior and color design), model production and design surveyCologne, Germany July 1993600Development of Formula One race cars; Participation in F1 races


Asia PacificToyota Technical Center Asia Pacific Thailand Co. Ltd.(TTCAP-TH)

Toyota Technical Center Asia Pacific Australia Pty. Ltd.(TTCAP-AU)

LocationDate of establishmentEquity participationEmployeesMain activities

LocationDate of establishmentEquity participationEmployeesMain activities

Samut Prakan Province, ThailandSeptember 2003Toyota Motor Corporation., 100%151TTCAP-TH conducts research and development work on product design, testing and evaluation.TTCAP-TH also distributes technology-related information within the Asia Pacific region.Melbourne, Victoria, AustraliaJune 2003Toyota Motor Corporation., 100%58TTCAP-AU conducts research and development work on product design.

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4-1. North America

2004 Market Overview

2004 Toyota News of Note

12

34

5 6

78

911 10

The U.S. automobile market in 2004 was characterized by strong sales spurred by low interest rates and tax cuts and was supported by high-value incentives from the Big Three. Sales volume surpassed the previous year's level for the first time since 2000, reaching 16.9 million vehicles, the fourth highest volume ever. Japanese vehicles accounted for more than 30% of the market for the first time. The market share of the Big Three, meanwhile, fell below 60% for the first time. Automobile sales in Canada were 1.534 million vehicles, down 4% from the previous year. This is the second consecutive annual decline since a record high was reached in 2002.

Toyota's sales in North America during 2004 came to 2.292 million vehicles. Toyota sold 2.060 million vehicles in the United States, surpassing the 2 million mark for the first time and marking the ninth consecutive annual increase. Toyota's share of the market grew to 12.2%.

Toyota became the first import manufacturer to sell more than 2 million vehicles in the U.S.

Toyota Division vehicles were the best-selling passenger cars for the second consecutive year.

The Camry was the best-selling passenger car in the U.S. for the third consecutive year.

The Lexus Division retained its title as the best selling luxury brand in the U.S. for the fifth consecutive year.

The Prius was named the North American Car of the Year. The Tacoma was named the Motor Trend Truck of the Year. In February, NUMMI celebrated its 20th year of operations. In April, production of A/T gears commenced at TMMWV. In September, production of Tacoma pick-up truck beds began at TMMBC (Mexico). Toyota sold 170,000 vehicles in Canada, the third consecutive record high. Toyota's share was 11.1%, surpassing the 11% mark for the first time. Toyota Division vehicles remained the top-selling passenger cars by brand for the third consecutive year. Toyota's sales in Puerto Rico came to 38,000 vehicles, marking an all-time high for the second consecutive year. Toyota has held the top share in the market since 1998 for seven consecutive years. Toyota also achieved a new record high in Mexico, selling 24,000 vehicles, an increase of 43% from 2003. Toyota's share of the market grew by 1.2%.

In September, TMMAL announced plans to boost its annual engine production capacity. (Annual engine capacity is to increase from the current 120,000 units to 400,000 units by the end of 2006.)

Number indicates company location (details on following page)

4-1. North America

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Canada

U.S.A.

Mexico

Name Start of operations Feb. 1985

Nov. 1988

Jan. 1993 Dec. 1984

Nov. 1971

Apr. 2003

May 1988

Feb. 1999

Nov. 1998

2006 (plan)

Sept. 2004

Main Products

Aluminum wheels

Corolla, Matrix, RX330

EnginesAluminum castings Corolla, Tacoma, Voltz,

Truck beds, catalytic converters, stamped partsEngines

Avalon, Camry, Solara

Engines Tundra, Sequoia, Sienna

Engines, Transmissions

Tundra

Truck bedsTacoma

Number of employees 231*2

4,279*2

970*2

5,664*2

648*2

353*2

7,475*2

4,968*2

1,001*2

350*3

650*4

2004 unitproduction

-

288,130 (288,130) 204,655 - 380,679 *1

(311,453)

-

106,931

470,392 (470,392) 506,062 374,058 (374,058)

669,900 389,807

-

- 128

NOTES: 1) See inside front cover for description of "2004 unit production". Figures in parentheses indicate " local production".

2) *1 The 2004 vehicle production figures for NUMMI do not include those of the GM Vibe (69,226 units)

3) *2 As of May 2004 4) *3 As of September 2004 5) *4 As of February 2005

Manufacturing companies in North America

Regional Vehicle Production(1 = 1,000 vehicles)

1

2

34

5

6

7

8

9

10

Canadian AutopartsToyota Inc. ( CAPTIN)Toyota Motor Manufacturing Canada Inc. ( TMMC) Bodine Aluminum, Inc. New United Motor Manufacturing, Inc. ( NUMMI) TABC, Inc.

Toyota Motor Manufacturing, Alabama, Inc. ( TMMAL) Toyota Motor Manufacturing, Kentucky, Inc. ( TMMK)Toyota Motor Manufacturing, Indiana, Inc. ( TMMI) Toyota Motor Manufacturing, West Virginia, Inc. ( TMMWV)Toyota Motor Manufacturing, Texas,Inc. (TMMTX)Toyota Motor Manufacturing de Baja California S. de. R. L. de. C.V. ( TMMBC)

11

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4-1. North America

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Regional Vehicle Sales(1 = 1,000 vehicles)

Canada

U.S.A.

Mexico

Puerto Rico

Name

Toyota Credit Canada Inc.

Calty Design Research, Inc.Toyota Motor Credit Corporation

Toyota Motor Manufacturing North America, Inc.

Toyota Motor North America, Inc.

Toyota Technical Center, U.S.A., Inc.Toyota Services de Mexico, S.A. de C.V. Toyota Credit de Puerto Rico Corp.

Start of operations Feb. 1990

Oct. 1973 Oct. 1982

Oct. 1996

Sept. 1996

Jun. 1977

Oct. 2001

Jun. 1996

Activities

Financing for dealers and customersVehicle designFinancing and insurance services for dealers and customersCoordination and support for manufacturing related administrative functions for Toyota's North American operationsHandling corporate affairs for Toyota in North America; holding company of TMS and TMMNATechnical development

Financing for dealers and customersFinancing for dealers and customers

Number of employees 110

62 3,007

1,055

78

754

38

53

Other companies in North America

Canada Mexico

U.S.A.

Puerto Rico

Name

Toyota Canada Inc.Toyota Motor Sales de Mexico. S. de. R. L. dec. V. Servco Pacific Inc. (Hawaii)Toyota Motor Sales, U.S.A., Inc. Toyota de Puerto Rico Corp.

Start of operations Nov. 1964 May 2001

1958 Oct. 1957 Jun. 1994

Number of employees* 533 36

960 5,857 105

2004 unitsales

170,200 23,900

2,060,000

37,700

Marketing companies in North America

NOTE: *As of May 2004

4-1. North America

Websites in North AmericaCanada

United States of AmericaHawaii

MexicoPuerto Rico

www.toyota.cawww.lexus.cawww.toyota.comwww.lexus.comwww.toyota-hawaii.comwww.servcolexus.comwww.toyota.com.mxwww.toyotapr.com

WWW

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4-2. Latin America and the Caribbean


2004 Toyota Sales Overview

1

2

3

4

Total markets in Argentina, Brazil and Venezuela were up by 100%, 10%, and 111% from the previous year.

Regional Toyota sales totaled 153,300 units, up 26% from the previous year.Sales in Brazil (51,100 units), Argentina (13,400 units ) and Chile (17,100 units) set all-time records in competitive markets.In Venezuela, 13,700 units were sold, accounting for a market share of 10.2%.



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NOTES: 1) See inside front cover for description of " 2004 unit production". Figures in parentheses indicate " local production".

2) *1 As of May 2004 3) *2 Daihatsu brand; does not include Terios

Manufacturing companies in Latin America and the CaribbeanName


1

2

3

4

Regional Vehicle Production

Argentina

Brazil

Colombia

Venezuela

Toyota Argentina S.A.

Toyota do Brasil LTDA.

Sociedad de Fabricacion de Automotores S.A. Toyota de Venezuela Compania Anonima

Start of operations

Mar. 1997

May 1959

Mar. 1992

Nov. 1981

Main Products

Hilux

Corolla

Engines Land Cruiser, Hilux, Land Cruiser Prado

Corolla, Dyna, Land Cruiser, Terios*2

Number of employees*1

1,114

1,910 1,105

736

2004 unitproduction

19,355 (19,355) 53,752 (53,752) 38,672 6,261

10,882*2

(7,185)

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2004 unitsales

13,400 51,100 17,100

6,800 3,900 1,800 2,900 2,000 3,000 1,500 1,500 2,600 1,300

1,300 1,600 6,400 4,400 1,600 13,700


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Argentina

Brazil

Venezuela

Name

Toyota Compania Financiera de Argentina S.A. Banco Toyota do Brasil S.A.

Toyota Services de Venezuela, C.A.

Start of operations Sept. 1998

Jan. 1999

Oct. 2001

Activities

Financing for dealers and customersFinancing for dealers and customersFinancing for dealers and customers


71

32

Other companies in Latin America and the Caribbean

Argentina Brazil Chile Colombia

Costa RicaDominican Rep. Ecuador

El Salvador GuadeloupeGuatemala HondurasMartinique

Nicaragua

Panama Peru Trinidad & TobagoVenezuela

Name

Toyota Argentina S.A. Toyota do Brasil LTDA. Toyota Chile S.A. Distribuidora Toyota Ltda. Sociedad de Fabricacion de Automotores S.A. Purdy Motor S.A. Delta Comercial, C por A. Casabaca S.A. Importadora Tomebamba S.A. Distribuidora de Automoviles, S.A. de C.V.CARMO S.A. Cofi!o Stahl y Compa!ia Ltda. Corporacion Flores, S.A.Comptoir Caraibe D'Importation EtD'exportationAUTO NICA, S.A.F. Alf. Pellas S.A. Ricardo Perez, S.A. Toyota del Peru S.A. Toyota Trinidad & Tobago Ltd.Toyota de Venezuela Compania Anonima

Start of operations May1994 Jan.1958 Jul.1980Sept.1967 May1991 1957 Apr.1962 Jul.1959 Jan.1964 1953 Jan.1988 1964 1955Sept.1972

1964 1963 1956 Apr.1967 Jan.1996 1958

Number of employees 1,114* 1,606 67 222 1,105* 414 240 56 171 285 65 161 621 64

176 590 441 57 69 736

Marketing companies in Latin America and the Caribbean

NOTES: 1) Companies listed are those with annual sales of over 1,000 units in 2004. 2) *Total number of employees in all Toyota operations, including manufacturing

and marketing (including temporary workers)

Websites in Latin America and the CaribbeanAntigua and BarbudaArgentinaArubaBahamasBarbadosBelizeBermudaBoliviaBrazil

ChileColombia (SOFASA)

Costa RicaCuracao

Dominican RepublicEcuador (COBATOSI)El SalvadorFrench GuianaGrand CaymanGrenadaGuadeloupeGuyanaHaitiHondurasJamaicaMartiniqueMontserratNicaragua (AUTO)Nicaragua (Casa Pellas)PanamaPeruSaint Kitts and NevisSaint LuciaSt. MaartenSaint Vincent and the GrenadinesSurinameTrinidad and TobagoUruguayVenezuela

WWW4-2. Latin America and the Caribbean

www.toyota-caribbean.com/countrytop/antiguawww.toyota.com.arwww.toyota-caribbean.com/countrytop/arubawww.toyota-caribbean.com/countrytop/bahamas/www.toyota-caribbean.com/countrytop/barbadoswww.toyota-caribbean.com/countrytop/belizewww.toyota-caribbean.com/countrytop/bermudawww.toyosa.comwww.toyota.com.br64.56.170.231/b/b01.htmlwww.toyota.clwww.sofasa.com.co/sofasa/sofasa.nsf/vstImagenporcateg/38295056FA00814905256C0F0065DD91?OpenDocumentwww.toyotacr.comwww.toyota-caribbean.com/countrytop/curacaowww.garagecordia.com/www/vehicles/lexus/lexus.htmlwww.toyota-caribbean.com/countrytop/dominica_repwww.toyota.com.ecwww.toyotadidea.comwww.toyota-caribbean.com/countrytop/f_guianawww.toyota-caribbean.com/countrytop/gcaymanwww.toyota-caribbean.com/countrytop/grenadawww.toyota-caribbean.com/countrytop/guadeloupewww.toyota-caribbean.com/countrytop/guyanawww.toyota-caribbean.com/countrytop/haitiwww.toyotacoflores.comwww.toyota-caribbean.com/countrytop/jamaicawww.toyota-caribbean.com/countrytop/martiniquewww.toyota-caribbean.com/countrytop/montserratwww.autonica.comwww.toyota.com.niwww.toyotarp.comwww.toyotaperu.com.pewww.toyota-caribbean.com/countrytop/stkittswww.toyota-caribbean.com/countrytop/stluciawww.toyota-caribbean.com/countrytop/stmaartenwww.toyota-caribbean.com/countrytop/stvincentwww.toyota-caribbean.com/countrytop/surinamewww.toyota-caribbean.com/countrytop/trinidadwww.ayaxonline.comwww.toyota.com.ve

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4-3. Europe



13

2

5

6

4

The European automotive market-the EU plus Switzerland, Norway, Poland, Hungary, the Czech Republic and Slovakia-came to 17.6 million units, 3% higher than the previous year. Among the five biggest markets in Europe, Germany, France, Italy and Spain recorded growth over the previous year, with Spain recording its third year of expansion thanks to a healthier economic situation than in other countries.

Toyota posted its eighth straight annual sales record by selling 916,000 vehicles, up by 10% from 2003, with a market share of 4.9%, or an increase of 0.1%. The Yaris sold 226,000 units, which was its sixth consecutive sales record after its launch in 1999, and renewed its position as the best-selling Toyota model in Europe. The new Avensis sold 134,300, or 4% more than in the previous year. Toyota kept its No.1 position in Finland, Norway and Greece in terms of the total market for passenger cars and commercial vehicles. Toyota was the No.1 Japanese brand in terms of market share in all markets except for Spain. In May, Toyota announced that Toyota Motor Manufacturing (UK) Ltd. (TMUK), which makes the Corolla and Avensis, will increase production capacity from 220,000 units to 285,000 units. In May, Toyota Motor Manufacturing France (TMMF) increased its annual production capacity from 184,000 to 210,000 Yaris models, adding 500 new employees. In December, PSA Peugeot Citro?n and Toyota revealed the styling of three jointly developed cars that were to begin rolling off the line at Toyota Peugeot Citro?n Automobile (TPCA) in Kolin, Czech Republic in 2005. The plant will have an annual production capacity of 300,000 units-200,000 for Peugeot and Citro?n vehicles and 100,000 for Toyota vehicles. The TPCA Toyota-brand car is called the Aygo.


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Czech Republic France

Poland

Portugal

U.K.

Toyota Peugeot Citro?n Automobile Czech ( TPCA)Toyota Motor Manufacturing France S.A.S. ( TMMF)Toyota Motor Manufacturing Poland SP.zo.o. ( TMMP)Toyota Motor Industries Poland SP. zo. o.(TMIP) Salvador Caetano I.M.V.T., S.A. OVAR PLANTToyota Motor Manufacturing (UK) Ltd.

Start of operations 2005 (plan) Jan. 2001

Apr. 2002

2005 (Plan) Aug. 1968

Sept. 1992

Main Products

Aygo

Yaris

EnginesTransmissions

Engines

Dyna, Hiace, Optimo Avensis, Corolla

Engines

Number of employees* 3,000 (Plan) 3,025

676

108 946

4,479

2004 unitproduction

- 203,881 (203,881) 204,788 195,164

-

3,043 (136) 244,430 (244,430) 194,887

Manufacturing companies in Europe


2) *As of May 2004

Name


1

2

3

4

5

4-3. Europe

6

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4-3. Europe

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Austria Belgium Czech Republic Denmark Finland France Germany Greece Hungary Iceland Ireland Italy Netherlands Norway Poland PortugalSlovenia Spain SwedenSwitzerland U.K. Russia

Name

Toyota Frey Austria Ges.m.b.H. Toyota Belgium S.A. / N.V.Toyota Motor Czech spol.sr.o Toyota Denmark A/S Toyota Auto Finland Oy Toyota France S.A. Toyota Deutschland G.m.b.H. Toyota Hellas S.A. Toyota Motor Hungary KftP. Samuelsson hf. Toyota Ireland Toyota Motor Italia S.p.A. Louwman & Parqui B.V. Toyota Norge AS Toyota Motor Poland Co., Ltd. Salvador Caetano I.M.V.T., S.A.Toyota Adria d. o. o Toyota Espa!a, S.L. Toyota Autoimport AB Toyota AG Toyota (GB) PLC OOO “TOYOTA MOTOR”

Start of operations

Aug. 1970 Jan. 1966 Jan. 1994 May 1963 Jan. 1995 Feb. 1971 Jan. 1971 Jan. 1987 Dec. 1991 Apr. 1980 Mar. 1972 Oct. 1990 Mar. 1964 Apr. 1973 Jan. 1991 Aug. 1968 Nov. 1998 Dec. 1992 Sept. 1968 Jun. 1966 Oct. 1965 Apr. 2002

Number of employees

240 204 60 81 132 162 366 235 53 114 126 191 170 84 96 946 36 133 81 99 357 65

2004 unitsales

17,000 30,900 6,200 22,900 30,600 80,300 120,300 35,200 13,200 3,600 24,400 128,700 33,800 22,400 33,800 14,600 7,400 56,200 20,800 18,600 138,100 45,900

Marketing companies in Europe

NOTE: Companies listed are those with annual sales of over 2,000 units in 2004.


4-3. Europe

Belgium

Czech Republic Denmark

Finland France

Germany

Hungary

Italy

Netherlands

Norway

PolandSlovakia

Spain

Sweden

U.K.

Name

Toyota Motor Europe

Toyota Motor Marketing Europe n.v./s.a.Toyota Motor Engineering & Manufacturing Europe n.v./s.a. Toyota Financial Services Czech s.r.o.Toyota Financial Services Danmarks A/S Toyota Finance Finland Oy Toyota Europe Design Development S.A.R.L. (ED2)Toyota France Financement*1

Toyota Kreditbank GmbH Toyota Motorsport GmbH

Toyota Financial Services Hungary Rt.Toyota Financial Services Italy*2

Toyota Motor Finance ( Netherlands) B.V. Toyota Kreditbank Norge*1

Toyota Bank Polska S.A. Toyota Financial Services Slovakia s.r.o.Spain Toyota Financial Services Espana*1

Toyota Financial Services Sweden*1

Toyota Financial Services (UK) PLC

Start of operations Jul. 2002

Oct. 1990

Oct. 1998

Jun. 2000

Apr. 2002

Aug. 1995 May 2000

Oct. 1997

Apr. 1988 Jul. 1993 Jul. 2002

Jul. 1997 Aug. 1987

Oct. 1997 Mar. 2000 Jan. 2005

2003

Mar. 2000

Nov. 1988

Activities

Holding company for TMEM and TMME aimed at strenghening corporate and government affairs activities in EuropeHandling the wholesale marketing of vehicles, parts and accessories.Research and development for Toyota in EuropeFinancing for dealers and customers

Financing for dealers and customers

Financing for dealers and customersDesign development, model production and design surveyFinancing for dealers and customers

Financing for dealers and customersDevelopment of F1 race cars; Participation in F1 racesFinancing for dealers and customers


Financing for subsidiaries and affiliatesFinancing for dealers and customers






1,708

798

16

5

22 34

68

188 600 8

61

-

22

33 4

26

19

172

Other companies in Europe

NOTES: 1) *1 Branch of Toyota Kreditbank GmbH 2) *2 Branch of Toyota Financial Services (UK) PLC

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4-3. Europe

Latvia

LiechtensteinLithuania

Luxembourg

MaltaNetherlands

Norway

Poland

Portugal

Russian FederationSlovakiaSloveniaSpain

Canary Islands

Sweden

Switzerland

Yugoslavia

Websites in Europe WWWwww.toyota.lvwww.lexus.lvwww.toyota.liwww.toyota.ltwww.lexus.ltwww.toyota.luwww.lexus.luwww.lexus.com.mtwww.toyota.nlwww.lexus.nlwww.toyota.nowww.lexus.nowww.toyota.com.plwww.lexus-polska.plwww.toyota.ptwww.lexus.ptwww.toyota.ruwww.toyota.skwww.toyota.siwww.toyota.eswww.mundolexus.comwww.toyota-canarias.eshttp://64.56.170.251www.toyota.sewww.lexus.sewww.toyota.chwww.lexus.chwww.toyota.co.yu

www.toyota.atwww.lexus.atwww.toyota.bewww.lexus.bewww.toyota.hrwww.toyota.com.cywww.lexus.com.cywww.toyota.czwww.lexus.czwww.toyota.dkwww.lexus.dkwww.toyota.eewww.toyota.fiwww.lexus.fiwww.toyota.frwww.lexus.frwww.toyota.dewww.lexus.dewww.lexus.com.giwww.toyota.co.ukwww.lexus.co.ukwww.toyota.grwww.lexus.grwww.toyota.huwww.lexus.huwww.toyota.iswww.lexus.iswww.toyota.iewww.lexus.iewww.toyota.itwww.lexus.it

Austria

Belgium

CroatiaCyprus

Czech Republic

Denmark

EstoniaFinland

France

Germany

GibraltarGreat Britain

Greece

Hungary

Iceland

Ireland

Italy

4-4. Africa



1

2

The total vehicle market in South Africa increased by 22% to 449,600 units, thanks to lower interest rates.

Total Toyota sales in Africa increased by 29% to 206,700 units, the highest ever. In South Africa, Toyota renewed its sales record by selling 112,600 units.In Algeria, Toyota sales jumped 181% over 2003 to 17,700 units, led mainly by growing demand for the Yaris and Corolla.Egypt, the Canary Islands, Morocco, Sudan, Reunion, Ghana, Tunisia, Malawi, Mauritania and Cabo Verde each posted record sales.


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Regional Vehicle Production

4-4. Africa

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Kenya

South Africa

Associated Vehicle Assemblers Ltd. Toyota South Africa Motors (Pty.) Ltd.

Start of operations

Aug. 1977

Jun. 1962

Main Products

Dyna, Hiace, Hilux, Land Cruiser Corolla, Dyna, Hiace, Hilux, TUV, Heavy-duty trucksEngines

Number of employees* 354

7,410

2004 unitproduction

1,603

111,252 (108,847)

72,941NOTES: 1) See inside front cover for description of " 2004 unit production". Figures in

parentheses indicate " local production". 2) * As of May 2004

Manufacturing companies in AfricaName


1

2

4-4. Africa

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Name

Toyota Financial Services South Africa (Pty) Ltd.

Start of operationsApr. 2000

Activities


Number of employees

63

Other companies in Africa

Algeria AngolaCanary Islands Egypt Ethiopia

Ghana Kenya Morocco Nigeria Reunion

South Africa

Sudan Tunisia

Name

Toyota Algerie SPA Toyota de Angola S.A.R.L.Toyota Canarias S.A. Toyota Egypt S.A.E. The Motor and Engineering Company of Ethiopia Ltd. S.C.Toyota Ghana Company Ltd.Toyota East Africa Ltd. Toyota Du Maroc S.A.R.L.Toyota ( Nigeria) Ltd.Compagnie Marseillaise de Madaguscar Automobile Toyota South Africa Motors (Pty) Ltd.Golden Arrow Co.,Ltd. B.S.B. S.A.

Start of operations

19931991197319791968

19981999199619961977

1961

19631990

Number of employees 66 92 89 185 314

110 316 193 66 135

7,410*

101 168

2004 unitsales

17,700 1,200 9,000 10,900 1,100

1,200 2,500 6,000 7,800 2,200

112,700

3,500 1,100

NOTES: 1) Companies listed are those with annual sales of 1,000 units or more in 2004. 2) * Total number of employees in all Toyota operations, including manufacturing and

marketing.

Marketing companies in Africa

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Websites in Africa WWW4-4. Africa

AngolaBurundiComorosDjiboutiEgyptEritreaEthiopiaKenyaLiberiaMadagascarMalawiMauritaniaMauritiusMoroccoMozambiqueNigeriaRwandaSeychellesSierra LeoneSomaliaSouth Africa

SudanTunisiaUgandaUnited Republic of TanzaniaZambiaZimbabwe

www.toyota-africa.com/countrytop/angolawww.toyota-africa.com/countrytop/burundiwww.toyota-africa.com/countrytop/comoroswww.toyota-africa.com/countrytop/djiboutiwww.toyotaegypt.com.egwww.toyota-africa.com/countrytop/eritreawww.toyota-africa.com/countrytop/ethiopiawww.toyota-africa.com/countrytop/kenyawww.toyota-africa.com/countrytop/liberiawww.toyota-africa.com/countrytop/madagascarwww.toyota-africa.com/countrytop/malawiwww.toyota-africa.com/countrytop/mauritaniawww.beechand.comusers.casanet.net.ma/toyotawww.toyota-africa.com/countrytop/mozambiquewww.toyotanigeria.comwww.toyota-africa.com/countrytop/rwandawww.toyota-africa.com/countrytop/seychelleswww.toyota-africa.com/countrytop/sierra_leonewww.toyota-africa.com/countrytop/somaliawww.toyota.co.zawww.lexus.co.zawww.toyota-africa.com/countrytop/sudanwww.bsb.com.tn/toyotawww.toyota-africa.com/countrytop/ugandawww.toyota-africa.com/countrytop/tanzaniawww.toyota-africa.com/countrytop/zambiawww.toyota-africa.com/countrytop/zimbabwe

4-5. Asia



15

16

14

9, 10

8

222120

19

5

11, 13 18

17

1 4, 6 8, 12

The Asian market contracted 5% from 2003. Markets in the Philippines, Vietnam and South Korea shrank by 5-17%, while the market in ASEAN countries increased by 20%. As a whole, ASEAN countries marked the second straight year of a new record.

Toyota led in market share in the following countries: Indonesia, Thailand, the Philippines, Singapore, Vietnam, Taiwan and Brunei. Toyota introduced the Avanza, a newly developed compact minivan, and the IMV pick-up truck and SUV in Thailand, Indonesia and other Asian countries. Sales of the Avanza and IMVs in 2004 hit 136,500 units and contributed to a regional sales record in Asia. IMVs are to be introduced to other areas, including Oceania, the Middle East and Europe in 2005. In Feburuary, GUANGZHOU AUTOMOBILE GROUP CO.,LTD.(Guangzhou

Automobile) and Toyota established a new joint engine production company. Guangqi Toyota Engine, Co., Ltd. (GTE) was to begin production of engine parts and engines in 2005 and have a final annual production capacity of 300,000 units. In March, Toyota and CHINA FAW GROUP CORPORATION (FAW) established a joint venture to build engines. FAW Toyota Changchun Engine Co., Ltd. (FTCE) began production in December with an annual production capacity of 130,000 engines. In September, Guangzhou Automobile and Toyota established a joint vehicle production and sales company. Guanhzhou Toyota Motor Co., Ltd. (GTMC) is expected to have an annual production capacity scale of about 100,000 vehicles, with production and sales of the mid-size Toyota Camry sedan to start in 2006. In December, Toyota Motor Finance China Co., Ltd. (TMFCN), which Toyota and TOYOTA FINANCIAL SERVICES CORPORATION (TFS) were working to establish, received the permission of the China Banking Regulatory Commission (CBRC) to commence business.


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4-5. Asia

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Indonesia

Malaysia

Philippines

Taiwan

Thailand

Vietnam

Tianjin Jinfeng Auto Parts Co., Ltd. Tianjin Toyota Motor Engine Co., Ltd. Tianjin Toyota Forging Co., Ltd.Tianjin Fengjin Auto Parts Co., Ltd. Sichuan Toyota Motor Co., Ltd. Tianjin Toyota Press Co., Ltd. Tianjin Toyota Resin Co., Ltd.Tianjin FAW Toyota Motor Co., Ltd.Chang Chun FAW Fengyue Auto Co., Ltd. FAW Toyota Changchun Engine Co., Ltd. Guanigqi Toyota Engine Co., Ltd. Toyota FAW (Tianjin) Dies Co., Ltd. Guangzhou Toyota Motor Co., Ltd.PT. Toyota Motor Manufacturing Indonesia

Assembly Services Sdn. Bhd.

Toyota Autoparts Philippines Inc. Toyota Motor Philippines Corp. Kuozui Motors, Ltd.

Siam Toyota Manufacturing Co., Ltd. Toyota Auto Body Thailand Co., Ltd. Toyota Motor Thailand Co., Ltd. Toyota Motor Vietnam Co., Ltd.

Start of operations

Jul. 1997

Jul. 1998

Dec. 1998

May 1998

Dec. 2000

May 2002 May 2002 Oct. 2002

Sept. 2003

Dec. 2004

Jan. 2005

Dec. 2004

2006 (Plan)

May 1970

Feb. 1968

Sept. 1992

Feb. 1989

Jan. 1986

July 1989

May 1979

Dec. 1964

Aug. 1996

Main Products

Steering parts, propeller shafts

Engines

Forged parts

Continuous velocity joints

Coaster, Land Cruiser PradoPress partsPlastic parts Vios, Corolla Land Cruiser

Engines

Engine parts, engines

Large stamping dies

Camry

Camry, Avanza, Dyna, Kijang InnovaEngines Camry, Corolla, Hiace, Hilux, TUV, Vios EnginesTransmissions, continuous velocity joints Camry, Corolla, TUV

Camry, Corolla, TUV, Semibon, Vios, WishEnginesPropeller shaftsStamped parts

Camry, Corolla, Hilux, Hilux VIGO, Soluna Vios, Wish Camry, Corolla, Hiace, Land Cruiser, TUV, Vios

Number of employees 408*1

800*1

100*1

350*1

700*1

260*2

190*2

2,311*1

250*2

250*3

50*1

160*3

1400*4

4,459*1

1,781*1

533*1

1,242*1

2,903*1

1,279*1

93*1

7,760*1

550*1

2004 unitproduction -

133,784

-

-

7,127 (3,982) - - 83,780 (83,780) 4,206

-

-

-

-

138,532 (122,235) 68,180 46,916 (37,451) 11,317 201,073

18,485 (15,484) 127,025(127,025) 304,419 - -

270,241(249,585) 9,153 (7,674)

Manufacturing companies in Asia


2) *1 As of May 2004 3) *2 As of October 2004 4) *3 As of December 2004 5) *4 As of September 2004

Name


1

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4-5. Asia

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Indonesia

Korea Macau Malaysia Philippines Singapore Taiwan Thailand Vietnam

Name

NBT ( Brunei) Sdn. Bhd.Toyota Motor ( China) Limited( Hong Kong) Crown Motor Ltd. PT. Toyota-Astra Motor

Toyota Motor Korea Co.,Ltd (TMKR) YAT Fung Motors Ltd. UMW Toyota Motor Sdn. Bhd. Toyota Motor Philippines Corp.Borneo Motors ( Singapore) Pte. Ltd. Ho tai Motor Co., Ltd. Toyota Motor Thailand Co., Ltd. Toyota Motor Vietnam Co., Ltd.

Start of operationsAug. 1973Jun. 1993Nov. 1966Aug. 2003

Jan. 2001 1993Oct. 1982Feb. 1989Aug. 1967Aug. 1949Feb. 1964Oct. 1996

Number of employees 159 110 910 737

60 35 2,184 1,225 691 536 4,742 553

2004 unitsales

3,200 12,400 9,800 140,000

5,400 1,400 52,000 29,200 34,000 135,300 234,200 9,200

Marketing companies in Asia

NOTES: 1) Companies listed are those with annual sales of over 1,000 units in 2004. 2) As UMW Toyota Motor Sdn. Bhd. is a multi-vendor; the number of employees

includes those of non-Toyota groups.


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Websites in AsiaBrunei Darussalam

China

Taiwan

Hong Kong, China

IndonesiaJapanKorea MalaysiaPhilippinesSingapore

Thailand

Viet Nam

www.nbt-brunei.comwww.lexus.com.bnwww.toyota.com.cnwww.crown-motors.comwww.lexus.com.cnwww.toyota.com.twwww.lexus.com.twwww.toyota.com.hkwww.lexus.com.hkwww.toyota.astra.co.idwww.toyota.co.jpwww.lexus.co.krwww.toyota.com.mywww.toyota.com.phwww.toyotasingapore.com.sgwww.lexus.com.sgwww.toyota.co.thwww.lexus.co.thwww.toyotavn.com.vn

WWW

4-5. Asia

Singapore

Thailand

Malaysia Philippines

Taiwan

Name

Toyota Motor Asia Pacific Pte Ltd.

Toyota Leasing Thailand Co., Ltd. UMW Toyota Capital Sdn. Bhd. Toyota Financial Services Philippines Corp. Hotai Finance Corporation Hotai Leasing Corporation

Start of operations Oct. 1990

Oct. 1993

Dec. 2001 Oct. 2002

Dec. 2002Dec. 2002

Activities

Organization of parts complementation program for ASEAN nations and support of marketing and sales operations in AsiaFinancing for customers

Financing for customersFinancing for dealers and customersFinancing for customersLease financing for customers


592

118 57

255 70

Other companies in Asia

4-6. Oceania



In Australia, the total market recorded its highest level ever, reaching 955,000 units, a 5% increase over 2003. This was largely due to growth in the small passenger car and SUV segments.

In Australia, Toyota posted its highest sales ever with 207,000 units, an 8% increase over 2003, and maintained its No.1 position. In New Zealand, Toyota recorded its 17th straight year as market leader, earning the No.1 spot in the overall market.

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4-6. Oceania

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Australia Toyota Motor Corporation Australia Ltd.

Start of operationsApr. 1963

Main Products

Avalon, Camry

EnginesNOTES: 1) See inside front cover for description of " 2004 unit production". Figures in

parentheses indicate " local production". 2) *As of May 2004

Number ofemployees*

4,693

2004 unitproduction

109,864 (109,864) 84,257

Manufacturing companies in OceaniaName


4-6. Oceania

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Guam New Zealand Papua New Guinea

Name

Toyota Motor Corporation Australia Ltd. Atkins Kroll, Inc. Toyota New Zealand Ltd. Toyota Tsusho (PNG) Ltd.

Start of operations 1959

Jul. 1975 Jan. 1966 1962

Number of employees 4,450 190 191 637

2004 unitsales

207,000

3,300 18,200 1,200

NOTE: Companies listed are those with annual sales of 1,000 units or more in 2004.

Australia

New Zealand

Name

Toyota Finance Australia Ltd.

Toyota Finance New Zealand Ltd.

Start of operations Jun. 1982

Jul. 1988

Activities



45

Marketing companies in Oceania

Other companies in Oceania


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4-6. Oceania

Websites in OceaniaAmerican SamoaAustralia

FijiGuam KiribatiNew CaledoniaNew Zealand

Papua New GuineaSaipanSamoaSolomon IslandsTahitiTongaVanuatu

WWWwww.toyota-southpacific.com/countrytop/a_samoawww.toyota.com.auwww.lexus.com.auwww.toyota-southpacific.com/countrytop/fijiwww.akguam.comwww.toyota-southpacific.com/countrytop/kiribatiwww.toyota-southpacific.com/countrytop/ncwww.toyota.co.nzwww.lexus.co.nzwww.toyota-southpacific.com/countrytop/pngwww.microlsaipan.comwww.toyota-southpacific.com/countrytop/samoawww.toyota-southpacific.com/countrytop/solomonwww.toyota-southpacific.com/countrytop/tahitiwww.toyota-southpacific.com/countrytop/tongawww.toyota-southpacific.com/countrytop/vanuatu

4-7. Middle East and Southwest Asia



In India, the passenger car market increased by 24% over 2003 to 1,061,000 units. In Gulf Cooperation Council countries, Japanese manufacturers recorded healthy sales, aided by strong economy-supporting oil prices.

In India, Toyota posted a new sales record, with nearly 48,000 vehicles for the first time, due to the successful launch of the new Corolla and good sales of the Qualis. In GCC countries, Toyota sold over 230,000 units, which was almost the same level as its sales record in 1982, mainly due to the strong sales of the new Camry and the new Prado. In February, Toyota Motor Manufacturing Turkey lnc. (TMMT) started production of a new model called the Corolla Verso. Turkey and Israel posted annual sales records of 30,900 and 150,00 vehicles, respectively.

1

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5


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Pakistan

Turkey

Aftab Automobiles Ltd. Toyota Kirloskar Motor Private Ltd. Toyota Kirloskar Auto Parts Private Ltd.

Indus Motor Company Ltd.

Toyota Motor Manufacturing TURKEY Inc.

Start of operations Jul. 1982 Dec. 1999

Jul. 2002

Mar. 1993

Sept. 1994

Main Products

Land Cruiser Qualis, CorollaAxles, manual transmissions, propeller shafts Corolla, Hilux Corolla

Number ofemployees*

110 2,397

493

1,190

2,980

2004 unitproduction 139 47,642 (47,642) 31,726

25,103 (22,181) 134,078(134,078)

NOTES: 1) See inside front cover for description of " 2004 unit production". Figures in parentheses indicate " local production".

2) *As of May 2004

Manufacturing companies in Middle East and Southwest AsiaName


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2

3

4

5


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Lebanon Oman Pakistan Qatar Saudi Arabia

Sri LankaSyria Turkey

U.A.E.

Yemen

Name

Ebrahim Khalil Kanoo BSC(C) Toyota Kirloskar Motor Private Ltd. Central Trade & Auto Co. Union Motors Ltd. Mohamed Naser Al-Sayer & Sons Est. Co. W.L.L. Boustany United Machineries Co. S.A.L.Saud Bahwan Automotive LLC Indus Motor Company Ltd. Abdullah Abdulghani & Bros. Co. W.L.L. Abdul Latif Jameel Import & Distribution Co., Ltd. Toyota Lanka(PVT) LimitedAl Saady Trading Co., Ltd. Toyotasa Toyota Sabanci Marketing and Sales Inc. Al-Futtaim Motors Company-Limited Liability Company Automotive & Machinery Trading Center

Start of operations Sept. 1967 Dec. 1999 Aug. 1998 Nov. 1991 1956

Feb. 2001 Apr. 1975 Jul. 1990 1964 Apr. 1955

Dec. 1995 Jul. 1993 Oct. 2000

Dec. 1955

1956

Number of employees 630 2,245* 174 130 1,300

82 3,000 1,321* 670 2,500

182 274 133

900

220

2004 unitsales

8,800 48,000 3,000 15,000 25,100

2,000 40,000 26,800 10,600 114,100

1,000 4,600 30.900

39,800

3,700NOTES: 1) Companies listed are those with annual sales of 1,000 units or more in 2004. 2) * Total number of employees in all Toyota operations, including manufacturing

and marketing

Marketing companies in Middle East and Southwest Asia


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Websites in Middle East and Southwest Asia

Bahrain

Bangladesh

Bhutan

India

Israel

Kuwait

Lebanon

Nepal

Oman

Pakistan

Saudi Arabia

Sri Lanka

Turkey

United Arab Emirates

www.toyota.com.bh

www.lexus.com.bh

www.toyota-southasia.com/countrytop/bangladesh

www.toyota-southasia.com/countrytop/bhutan

www.toyotabharat.com

www.toyota.co.il

www.alsayeronline.com

www.toyotalebanon.com/TOYOTA.asp

www.toyotalebanon.com/LEXUS.asp

www.toyota-southasia.com/countrytop/nepal

www.toyotaoman.com

www.lexusoman.com

www.toyota-indus.com

www.toyota.com.sa

www.lexus.com.sa

toyota-southasia.com/countrytop/sri_lanka

www.toyotasa.com.tr

www.toyotauae.com/international

www.lexusuae.com

WWW

Business outline (Parts supply organization)

5-1. Parts supply / after-sales service

Toyota is implementing the " just-in-time" concept, one of the main elements of the Toyota Production System, to improve parts distribution between TMC and its distributors and dealers. Toyota established TACTI Corporation jointly with Denso and Aisin in April 1996. TACTI Corp. procures and sells after-market auto parts and accessories separately from genuine Toyota parts across the Japanese market through its "jms" car service and accessories chain. TMC is making every effort to enhance its after-sales service organization and activities in every country and improve technical and customer handling skills through the Toyota Service Human Resources Development System.

Sales Routes

Japanese parts manufacturers Overseas parts manufacturers

Toyota Motor Corp. (in-house production)

TACTI

Japanese Toyota part distributors Overseas distributors

Repair shops, etc.

Dealers

Repair shops / gas stations

Parts dealersjms carshops Sales shops

Customers

Exports

Toyota parts salesYear20002001200220032004

Total 527.4 549.0 560.6 566.5 613.2

Japan 369.7 374.1 362.3 378.3 413.2

Overseas (Japan export only) 157.7 174.9 198.3 188.2 200.0

(1 =¥1 billion)

Spark plugs, oil filters, air filters, clutch disks and other service parts Bumpers, fenders and other exterior body parts Air conditioners, car audio sets, air purifiers, floor mats, seat covers and other accessories for new carsSki racks and other optional partsChild seats and other standard parts Engine, gear and other oils Brake fluid, long-life coolants and other chemicals

Service parts:

Accessories:

Oils and chemicals:

Recognition by Toyota Motor Corp.

Motivation of service personnel (conducted in 72 countries)

Categorized training and certification for technicians/service advisors (certified 36,203 technicians and 6,843 service advisors)

Support for local vocational schools in 50 countries

Winners

Skill Contest

TEAM21 / TSAP / B&P TEAM

T-TEP / BP T-TEP

Products

NOTE: As of December 2003

Toyota Service Human Resources Development System

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Basic purchasing policy 1. Fair competition based on an open-door policy 2. Mutual benefits based on mutual trust 3. Promotion of localization in an effort to be a good corporate citizen

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5-2. Purchasing

Toyota's purchasing operations are moving fast to keep in step with the globalization of the auto industry and technological innovation. Aiming to apply its global- optimum-purchasing concept, Toyota is making vigorous efforts to increase its purchasing from suppliers around the world with an open, fair policy based on quality, cost, delivery, development and management. Toyota also works to increase opportunities for business by seeking out new suppliers, new products and new technologies, as well as to help raise the competitiveness of its current suppliers.

(1 = $1 billion)Purchasing from overseas suppliers (Japanese April-March fiscal year)

(* 1 = 1 billion)

For more than 40 years, Toyota has engaged in motorsports - not only in Japan, but also on a global scale - with two objectives: 1) increasing the number of Toyota fans by offering people around the world an exciting way to experience the " joy of automobiles" and 2) enhancing Toyota's technological prowess. Building on its vast experience and notable results in this field, Toyota is determined to continue its positive engagement in motorsports to help people in the 21st century enjoy a life full of dreams and aspirations.

FIA Formula One World Championship (F1)

Toyota has been participating in Formula One as a full-constructor team "Panasonic Toyota Racing" since 2002 and scored world championship points in its debut race in Australia. With Italian Jarno Trulli, German driver Ralf Schumacher and the TF105 race car, the team will compete in the 2005 season.

Toyota's F1 activities are centered on Toyota Motorsport GmbH-Toyota Motor Corporation's motorsports subsidiary in Germany.

5-3. Motorsports

Panasonic Toyota Racing

Season Race Drivers (Nationality) F1 Car Engine Constructor's Position

2002 - Mika Salo (Finland)- Allan McNish (UK) TF102 RVX-02 10th

2003 - Olivier Panis (France)- Cristiano da Matta (Brazil) TF103 RVX-03 8th

2004- Cristiano da Matta (Brazil)- Olivier Panis (France)- Ricardo Zonta (Brazil)- Jarno Trulli (Italy)

TF104 RVX-04 8th

2005 - Jarno Trulli (Italy)- Ralf Schumacher (Germany) TF105 RVX-05

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5-3. Motorsports

Indy Racing League IndyCar Series

Toyota supplies engines through Toyota Racing Development (TRD)-USA to IndyCar Series teams.

Activities in Japan

1) Super GT World Challenge Series (Super GT) - Toyota provides cars (the Supra, Celica and MR-S) to a number of teams through Toyota Technocraft Co., Ltd. (TRD).

2) Other race promotion activities carried out by Toyota: support of TOM'S and other Japan F3

Championship teams sponsorship of the ESSO Formula Toyota

Series sponsorship of the Netz Cup races Toyota Young Driver Program (TDP).

Fuji Speedway

In November 2000, Toyota acquired the management rights of Fuji International Speedway Co., Ltd. Under Toyota, Fuji speedway and its facitities were due to reopen in April 2005 after a major reformation and centered on three main themes: 1) motorsports promotion, 2) youth-oriented information dissemination and 3) safe-driving education.

Toyota Motor Corp. opened a full-scale housing business in Japan in 1975. Among the var ie ty o f p roduc ts the company currently offers are houses and condominiums.

Toyota Motor Corporation

After sales

Supply materials

22 Toyota Home dealersOrders

CustomersConstruction of buildings

NOTE: Data are as of January 2005.

Name

Kasugai Housing WorksTochigi Housing Works Yamanashi Housing Works

Main activities

Research, development, and production of houses and office buildings

Start of operation

198719891991

Bldg. area(1,000m2)

30 20 50

Site area(1,000m2)

140 50 170

Employees

261 69 56

(1 = 1 building)Year1995199619971998199920002001200220032004

Domestic2,6553,5152,9702,7143,0373,2843,0163,1884,0014,065

Housing Works

5-4. Prefabricated housing

Operations / Sales Route

Number of Toyota Individual Houses Sold

Supply materials

Toyota Housing Corporation

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Corporate Policies of TFS

5-5. Financial services

Toyota established a 100% TMC-owned subsidiary, Toyota Financial Services Corporation (TFS), for overseeing the management of sales finance companies worldwide in July 2000. TFS has taken the initiative of establishing a global financial network for providing customers worldwide with comprehensive financial products and services that are worthy of the Toyota brand. In Japan, Toyota Finance Corporation (TFC),100% owned by TFS, has been providing customers with financial products centering on automotive and housing loans since its establishment in 1988. In addition to the products that TFC had provided, TFS started credit card, securities and asset-management businesses through its subsidiaries and affiliated companies in 2001. As for its credit card business, TFC issues the Toyota TS3 card to support customers' lifestyles. Cumulative issuance of this card exceeded 4.5 million at the end of 2004.

1) Customer First Aim to offer financial products and services that can satisfy customers around the world.

2) Create additional value while practicing sound, clear management Maintain sound and clear management as a financial group, while continuously

creating additional value.3) Maximize employee potential in the spirit of GENCHI GENBUTSU and

boundary-free management Support employee growth by getting information from the work place and keeping open communication between all levels of the organization.

TFS Business Overview

Comprehensive financial services that meet customer's everyday needs

e-Commerce

Automobile sales financial services

Card services, etc.

Insurance services

Toyota Motor Corporation

Europe/Africa

Toyota Financial Services Corporation

Americas Asia/Oceania Japan

Overview of the TFS Group

5-5. Financial service

Other Financial OperationsGroup Finance Company

Toyota Motor Finance (Netherlands) B.V.Asset Management Company

Toyota Asset Management Co., Ltd.Securities Company

Toyota Financial Services Securities CorporationConsulting Company

Toyota Accounting Services Co.

Country/locationNetherlands

Japan

Japan

Japan

Business Partner Aioi Insurance Co., Ltd.

Country/locationJapan

RegionAmericas

Europe/Africa

Asia/Oceania

Japan

CompanyToyota Motor Credit CorporationToyota Credit de Puerto Rico CorporationToyota Credit Canada Inc.Banco Toyota do Brasil S.A. Toyota Compania Financiera de Argentina S. A.Toyota Service de Mexico, S.A. de C.V.Toyota Service de Venezuela, C.A. Toyota Financial Services (UK) PLC (TFSUK)Toyota Kreditbank GmbH (TKG)Toyota France Financement (Branch of TKG)Toyota Financial Services Sweden (Branch of TKG)Toyota Finans Service Norge (Branch of TKG)Toyota Financial Services Italy (Branch of TFSUK)Toyota Financial Services Czech s.r.o.Toyota Financial Services South Africa (Pty) Ltd.Toyota Finance Finland OyToyota Bank Polska S.A.Toyota Financial Services Danmark A/SToyota Financial Services Hungary Rt.Toyota Financial Services Espana (Branch of TKG) Toyota Financial Services Slovakia s.r.o.Toyota Finance Australia Ltd. Toyota Motor Finance (China) Co., Ltd. Toyota Financial Services Korea Co., Ltd.UMW Toyota Capital sdn. Bhd.Toyota Finance New Zealand Ltd.Toyota Financial Services Philippines Corp.Hotai Finance Corp.Hotai Leasing Corp.Toyota Leasing (Thailand) Co., Ltd.Toyota Finance Corporation

Country/locationUnited StatesUnited StatesCanadaBrazilArgentinaMexicoVenezuelaUnited KingdomGermanyFranceSwedenNorwayItalyCzech RepublicSouth AfricaFinlandPolandDenmarkHungarySpainSlovakiaAustraliaChinaKoreaMalaysiaNew ZealandPhilippinesTaiwanTaiwanThailandJapan

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With the aim of becoming a corporate citizen respected by international society, Toyota is conducting a wide range of philanthropic activities throughout the world. Its activities cover five major areas: education, the environment, culture and the arts, international exchange and local communities.

5-6. Social contributions

INTERNATIONAL - ENVIRONMENT AND TECHNOLOGY

In 2000, Toyota Motor Corporation (TMC) launched the Toyota Environmental Activities Grant Program, in commemoration of TMC's receipt of the Global 500 Award* received in 1999 from the United Nations Environment Programme (UNEP). Based on the theme of "Social Investment for Sustainable Development", the program provides grants to practical, regionally rooted projects in Japan and overseas. A total of 170 million yen will be awarded in grants to the 10 organizations that were selected for FY2003. Since the program started in 1999, 48 recipients have been awarded a total of 710 million yen.

* Established by UNEP to recognize individuals or organizations that contribute to greater environmental protection or improvement in terms of sustainable development.

U.S.A. - EDUCATION

Toyota has supported the Parent and Child Education (PACE) program in partnership with the National Center for Family Literacy (NCFL) since 1991, to promote literacy between children and their parents. In 1998, the Toyota Families in Schools Program (TFSP) was established to bring fundamental changes in the interaction between schools and parents. In this program, unemployed parents without high school diplomas share in an educational experience with their school-aged children.

Since 2003, Toyota has been supporting the Schools for Sustainable Development Community Action Program in partnership with Groundwork, aiming to promote local school-community partnerships to identify and implement practical small-scale environment-improvement projects in the U.K., Poland and the Czech Republic. It raises environmental awareness and provides hands-on experience for students, teachers and local communities.

PAN EUROPE - ENVIRONMENT

PAN - EUROPE - TRAFFIC SAFETY

Since 2003, Toyota has been supporting a Red Cross road safety and first-aid campaign for children in 26 European countries. The overall objective is to reduce the number of children and young people who are injured or killed in traffic accidents. So far, some 750,000 schoolchildren have learned about road safety and what to do in the event of an accident.

CAMBODIA/THAILAND - HUMAN SERVICES

Toyota has been supporting land mine abolition activit ies organized by the Japan All iance for Humanitarian Demining Support (JAHDS). The group develops mine detection technologies and demining system. It aims to save people in warring areas from becoming land mine victims.

KOREA - EDUCATION

Toyota initiated a Lecture Course at Seoul National University in 2004. The course aims to spread understanding of Korean and Japanese culture for the younger generation, primarily undergraduate and graduate students. As part of the program, Seoul National University provides an open lecture for the general public.

ASIA AND PACIFIC REGION - HUMAN SERVICES

TMC and its overseas affiliates supported contributions for the victims of the Dec. 26 Indian Ocean tsunami (including employee fund-raising and company match-funding), hoping for the full recovery of the affected communities, in addition to various relief supplies for the disaster.


CHINA - THE ENVIRONMENT

In 2001, Toyota started an afforestation program in cooperation with the Green Earth Center, the forestry bureau of the Fengning Man Autonomous County and the Chinese Academy of Sciences, in the suburban Beijing province of Hebei, which is in a critical state of desertif ication. Toyota has also engaged in technical cooperation, such as R&D of drought-resistant trees and environmental monitoring.

73

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ER A

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S

74

The Toyota Foundation was established in October 1974. It presently has a fund of 29.4 billion (as of 2003) and supports both Japanese and overseas research and

projects related to human and natural environments, social welfare, education, culture and other matters.

Region Country Name Est'dNorth America U.S.A. Toyota USA Foundation Jun. 1987 Canada Toyota Canada Foundation May 1985Europe Germany Toyota Deutschland Stiftung Dec. 1992Africa South Africa Toyota South Africa Foundation May 1989 Kenya Toyota Kenya Foundation May 1990Asia Indonesia Toyota & Astra Foundation Oct. 1974 Philippines Toyota Motor Philippines Foundation Jul. 1990 Thailand Toyota Thailand Foundation Oct. 1992

(1 = 1 million)

SOURCE: Toyota Foundation

Number813148207

19145

225

Amount1914560253018339

411

Grants (FY2003)

The international educational organization, "Up With People" gives students al l over the world the opportunity to travel abroad and give musical performances onstage. Toyota has sponsored this international exchange program in Japan since 1996.

Type of grantResearch Grant ProgramGrant Program for Civil SocietySoutheast Asian National Research ProgramSoutheast Asian Studies Regional Exchange ProgramResearch Skills Training Program"Know Our Neighbors" ProgramFoundation Initiative Grant ProgramOthersTotal


JAPAN - CULTURE AND THE ARTS

Toyota has held symposiums and workshops throughout Japan since 1996 that aim to draw out and support the artistic talents of differently-abled people. The "Toyota Able Art Forum" seeks to nurture social recognition and increase awareness of the abilities of such artists.

JAPAN - INTERNATIONAL EXCHANGE

THE TOYOTA FOUNDATION (JAPAN)

TOYOTA'S OVERSEAS FOUNDATION

5-7. Environment

Six Vehicle Categories Achieve 2010 Fuel Efficiency Standards

IMPROVING FUEL EFFICIENCY

In FY2003, all six Toyota vehicle series that were new or underwent complete redesign cleared the 2010 Fuel Efficiency Standards. Vehicles in the 2,016-2,265kg category (which did not achieve the standards the previous year) also achieved the 2010 Fuel Efficiency Standards in FY2003, for a total of six out of seven vehicle weight categories. The number of gasoline-powered passenger vehicles meeting the 2010 Fuel Efficiency Standards increased by 8% from the previous year to reach 83% of total production.

Actual Fuel Efficiency of Toyota Vehicles in FY2003

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Promotion of Widespread Adoption of Low-Emission Vehicles

REDUCING EXHAUST EMISSIONS

In FY2003, Toyota increased the number of models that meet the 2000 Exhaust Emissions Standards in the Ministry of Land, Infrastructure and Transport's Approval System for Low-Emission Vehicles to 181 models. Together with the models that newly meet the 2005 Exhaust Emissions Standards, this accounts for 99% of total production. The number of vehicle series that achieved an exhaust emission level 75% lower than the 2000 Exhaust Emissions Standards (Ultra Low-Emission Vehicle level) reached 59.8% of total production.

Percentage of Total Production that Met the Approval System for Low-Emission Vehicles in FY2003

Category Reduction levelPercentage of

total production(No. of models)

Transitional Low-Emission

Vehicles

25% lower than standard levels

for 200021.7%(85)

Low-Emission Vehicles


for 20001.0%(6)

Ultra Low-Emission

Vehicles


for 200059.8%(90)

2000 Exhaust Emissions Standards

75

OTH

ER A

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76

5-7. Environment

Achieving Zero Landfill Waste throughout the Entire Company, including Non-production Bases

REDUCING WASTE

All Toyota plants have continued to maintain zero landfill waste*, a goal first achieved in December 2000. In FY2003, Toyota took actions toward achieving zero landfill waste at its 14 non-production sites, such as its production engineering divisions, logistics centers, the Head Office administration building and hospital and clinics. By taking steps such as sorting materials such as metals, glass and plastic generated by production engineering divisions, Toyota achieved zero landfill waste at its 14 non-production bases, in December.

Volume of Waste Generated

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PRODUCTION

Toyota reduced CO2 emissions 40,000 tons from the previous year through measures including the production of innovative energy conserving technology into various facilities, consolidation of production lines, and a shortening of processes in newly established lines.

Energy Consumption at Toyota's Automobile Production Process and CO2 Emissions per Sales Unit

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5-7. Environment

GLOBAL ENVIRONMENTAL DATA

Energy consumption per vehicle has decreased due to global and steady implementation of improvements by each car manufacturer.

CO2 Emissions Volume

Volume of Waste Generated

Water Consumption (Vehicle Assembly Plants)

NOTE: For further information of Toyota's environmental activities, please go to: http://www. toyota. co. jp / en / environmental_rep / 04 / index. html

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HIST

ORY

78

History of production (1 = 1 vehicle)

-

--

20

1,142

4,0134,615

14,7879,8273,2753,922

10,82411,706

22,786

46,417

79,527

78,856

101,194

154,770

210,937

230,350

318,495

425,764

-

- -

-

-

- - - - - -

- -

-

-

-

-

0 (489)

0 (459) 0 (2,503) 0 (2,029)

0 (7,586)

0 (10,824)

Jan. Sakichi Toyoda establishes Toyoda Spinning & Weaving Co., Ltd.

Nov. Toyoda Automatic Loom Works, Ltd. est'd.Sept. Automobile Department est'd. within Toyoda Automatic

Loom WorksAug. First Model G1 truck completedOct. The Toyota Precepts est'd.Nov. First Toyota dealership est'dApr. Production of the Model AA passenger car beginsMay Kariya Assembly Plant (no longer exists) begins operationJun. Shibaura Laboratory (no longer exists) est'd.Aug. Toyota Motor Co., Ltd. est'd.Nov. Koromo Plant (now Honsha Plant) begins operation

Nov. Toyota Motor Co., Ltd. merges with Chuo Spinning Company

May 100,000th Toyota vehicle produced domesticallyOct. Production of the Model SA passenger car begins- Ho Tai Motor Co., Ltd. est'd. in TaiwanApr. Toyota Motor Sales Co., Ltd. est'd. as a separate,

independent companyApr. Abdul Latif Jameel Import & Distribution Co., Ltd.

est'd. in Saudi ArabiaMar. Model LA forklift marketed, Toyota enters industrial vehicle

fieldApr. "Toyopet" dealer channel est'd.Feb. Toyota Motor Sales Co., Ltd. Bangkok Office opens in ThailandAug. First made-in-Japan passenger car exported to the U.S.

(Crown)Oct. Toyota Motor Sales, U.S.A., Inc. (TMS) est'd. in the U.S.Jan. Toyota do Brasil S.A., Ind[tria e Com>cio (TDB) est'd.

in BrazilJan. Overseas production begins (in Brazil)

Jul. Toyota Motor Sales Australia Ltd. est'd. in AustraliaAug. Motomachi Plant begins operation

Jun. "Publica" dealer channel (now "Corolla" dealer channel) est'd.

Jun. 1,000,000th Toyota vehicle produced domesticallyToyota South Africa Motors (Pty.), Ltd. begins operation in South Africa

Oct. Toyota Motor Thailand Co., Ltd. (TMT) est'd. in Thailand

Apr. Toyota Motor Corporation Australia, Ltd. (TMCA) begins operation in Australia

May Toyota Danmark A/S est'd. in DenmarkFeb. TMT begins operation in Thailand

Mar. Louwman & Parqui B.V. est'd. in the NetherlandsNov. Toyota Canada est'd. in Canada

1918

19261933

1935

1936

193719381940194319451947

19491950

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

Year Japan Overseas History

6-1. Production history / The story of Toyota

NOTE: See inside front cover for description of "overseas production".

History of production (continued) (1 = 1 vehicle)

477,643

587,539

832,130

1,097,405

1,471,211

1,609,190

1,955,033

2,087,133

2,308,098

2,114,980

2,336,053

2,487,851

2,720,758

2,929,157

2,996,225

3,293,344

3,220,418

3,144,557

0 (12,446)

0 (23,391)

0 (35,036) 0 (63,934)

0 (80,340) 0 (75,575)

0 (103,478)

0 (102,234) 0 (123,869)

0 (138,371) 0 (154,208)

0 (160,715) 0 (176,855)

0 (199,991) 78,607 (209,448) 84,238 (261,202)

106,882 (298,357) 138,815 (301,848)

Oct. Toyota (GB) Ltd. (TGB) est'd. in the U.K.

Nov. Kamigo Plant begins operation Toyota awarded the Deming PrizeJul. Toyota Motor Sales Co., Ltd. enters the rent-a-car business

Sept. Takaoka Plant begins operationOct. Business tie-up agreement signed between Toyota Motor Co.,

Ltd., Toyota Motor Sales Co., Ltd. Hino Motors, Ltd. and Hino Motor Sales, Ltd.

Nov. Higashi-Fuji Automobile Performance Testing Center (now Higashi-Fuji Technical Center) completed

Oct. "Auto" (now "Netz") dealer channel est'd.

Feb. Assembly Services Sdn. Bhd. begins operation in Malaysia

Jul. Miyoshi Plant begins operation

Aug. Toyota Motor Co., Ltd. Brussels Office opens in Belgium

Dec. Tsutsumi Plant begins operationJan. Toyota Deutschland GmbH (TDG) est'd. in Germany

Feb. Higashi-Fuji Technical Center opensJan. 10,000,000th Toyota vehicle produced in Japan

PT. Toyota-Astra Motor est'd. in IndonesiaJun. Myochi Plant begins operation

Oct. Calty Design Research, Inc. est'd. in the U.S.Apr. Procurement of parts from overseas begins

Mar. Shimoyama Plant begins operation

Dec. Toyota enters the prefabricated housing industryJul. 20,000,000th Toyota vehicle produced in Japan

Feb. Toyota Manufacturing Australia Ltd. begins operation in Australia (now part of TMCA)

Jun. Toyota Technical Center, U.S.A., Inc. (TTC-USA) est'd. in the U.S.Aug. Kinu-ura Plant begins operation

Jan. Tahara Plant begins operation

Jan. 30,000,000th Toyota vehicle produced in Japan

Apr. "Vista" dealer channel est'd (now merged with "Netz").

Jul. Toyota Motor Co., Ltd. and Toyota Motor Sales Co., Ltd. merge to become Toyota Motor Corporation (TMC)

Oct. UMW Toyota Motor Sdn. Bhd. est'd. in Malaysia

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

Year Japan Overseas History



79

HIST

ORY

80


3,272,335

3,429,249

3,665,622

3,660,167

3,638,279

3,968,697

3,975,902

4,212,373

4,085,081

3,931,341

3,561,750

134,096 (269,567) 154,071 (283,465)

136,307 (309,125) 152,524 (448,233)

92,260 (444,359)

244,371 (442,755)

471,581 (713,646)

677,655 (927,175)

669,912 (909,066) 764,466 (981,271)

888,714 (1,158,178)

Mar. 40,000,000th Toyota vehicle produced domestically

Oct. Shibetsu Proving Ground completed (first stage)

Dec. New United Motor Manufacturing, Inc. (NUMMI), ajoint venture with General Motors, beginsoperation in the U.S.

Jan. 50,000,000th Toyota vehicle produced in JapanKuozui Motors, Ltd. begins operation in Taiwan

Feb. Teiho Plant begins operationApr. Kasugai Housing Works begins operation

Sept. Toyota Technical Center of Europe completed in Belgium (now TMME Technical Center)

Jan. Toyota Motor Sales Australia Ltd. est'd. in Australia

May Shibetsu Proving Ground completed Toyota Motor Manufacturing, U.S.A., Inc. (TMM)

begins operation in the U.S. (now Toyota Motor Manufacturing, Kentucky, Inc. (TMMK))

United Australian Automotive Industries Ltd. (UAAI) est'd. in joint venture with General Motors in Australia (no longer exists; joint venture dissolved March 1996)

Sept. 60,000,000th Toyota vehicle produced domesticallyNov. Toyota Motor Manufacturing Canada Inc. (TMMC)

begins operation in CanadaJan. Toyota Motor Philippines Corp. (TMP) est'd. in the

PhilippinesMar. Hirose Plant begins operationJun. N.V. Toyota Motor Marketing Services Europe S.A. (TMSE)

est'd. in Belgium (now N.V. Toyota Motor Europe Marketing & Engineering S.A. (TMME))

Aug. Tochigi Housing Works completedSept. Toyota Europe Office of Creation (Toyota EPOC) opens in

BrusselsOct. TMP begins operation in the PhilippinesMay Tokyo Design Center (now "Tokyo Design & Research

Laboratory") opensJul. Toyotasa Toyota-Sabanci Automotive Industry &

Trade Inc. est'd. in TurkeyFeb. 70,000,000th Toyota vehicle produced domestically

Apr. Duo Volkswagen/Audi dealership est'd.

Sept. Toyota Supplier Support Center (TSSC) est'd. in the U.S.Oct. Toyota Motor Hokkaido begins productionDec. Toyota Motor Kyushu begins production Toyota Motor Manufacturing (UK) Ltd. (TMUK) begins

productionSept. 80,000,000th Toyota vehicle produced domestically

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993


HistoryOverseasJapanYear



3,508,456

3,171,277

3,410,060

3,502,046

3,165,805

3,118,226

1,051,292 (1,353,686) 1,253,423 (1,522,650) 1,346,033 (1,586,417)

1,390,071 (1,610,574)

1,467,565 (1,613,453)

1,611,040 (1,777,126)

Oct. Joint-venture TOYOTASA Plant begins operation in Turkey

Sept. 90,000,000th Toyota vehicle produced domestically

Oct. Toyota Motor Manufacturing North America, Inc. (TMMNA) est'd. in the U.S.

Jan. Toyota Autoparts Philippines Inc. (TAP) begins production of constant velocity joints in the Philippines

Mar. Toyota Hybrid System introduced Toyota Argentina S.A. (TASA) Zarate plant begins

operation in ArgentinaJul. Tianjin Jinfeng Auto Parts Co., Ltd. begins operation in ChinaDec. Prius hybrid vehicle launchedFeb. TMC and Hino Motors begin mutual supply of trucks in

ThailandJun. "Netz" dealer channel est'd. (formerly "Auto" dealer

channel) Tianjin Fengjin Auto Parts Co., Ltd. (TFAP) begins

production in China Jul. Tianjin Toyota Motor Engine Co., Ltd. (TTME) begins

production in China Toyota Mapmaster Inc. est'd jointly with Aisin AW

Co.,Ltd., Denso Corp., Matsushita Communication Industrial Co.,Ltd., Zenrin Co.,Ltd. and Fujitsu Ten Ltd.

TMC and Volkswagen sign agreement regarding recycling, navigation systems and telematics

Aug. Australian Afforestation Pty. Ltd. est'd jointly with Mitsui & Co. Ltd. and Nippon Paper Industries Co. in Australia

Sept. TDB opens a second manufacturing facility in BrazilOct. Toyota Motor Tohoku begins production Toyota Motor Europe Manufacturing (TMEM) est'd in

Belgium Automotive Multimedia Interface Consortium (AMIC)

est'd jointly with General Motors, Ford, Daimler-Benz, Renault and Chrysler

TMUK opens a second assembly plant in the UKNov. Sichuan Toyota Motor Co., Ltd. (SCMT) est'd. in China Toyota Motor Manufacturing France S.A.S. (TMMF) est'd

in FranceDec. Toyota Motor Manufacturing Indiana, Inc. (TMMI)

begins production Toyota Motor Manufacturing, West Virginia, Inc.

(TMMWV) begins productionJan. Tianjin Toyota Forging Co., Ltd. (TTFC) begins

productionMar. Toyota Europe Design Development S.A.R.L. (ED2)

(formerly Toyota EPOC) holds a ground breaking ceremony in Niece, France

Apr. Tokyo Design Research & Laboratory expansion completed

Sept. Toyota Parts Centre Europe (TPCE) expansion completed

1994

1995

1996

1997

1998

1999


HistoryOverseasJapanYear


81

HIST

ORY

82

2000

2001

2002

3,429,209

3,354,424

3,485,162

1,751,442 (1,956,574)

1,780,603 (1,908,942)

2,155,221 (2,278,090)

TMC lists on New York Stock Exchange and London Stock Exchange

Oct. 100,000,000th Toyota vehicle produced domesticallyDec. Toyota Kirloskar Motor Ltd. (TKM) begins production in

IndiaJan. Toyota Motor North America, Inc. (TMA) begins operation

Mar. Toyota Motor Korea Ltd. (TMKR) est'd in KoreaJul. Toyota Financial Services Corp. (TFS) est'dDec. Sichuan Toyota Motor Co., Ltd. (SCTM) begins

productionJan. TMMF begins production

TMKR begins sales of Lexus modelsMar. Camry sales reach 5,000,000 in the U.S.Apr. Toyota Motor Asia Pacific Pte Ltd. (TMAP) est'd in

Singapore ADVICS Co., Ltd. est'd jointly with Aisin Seiki Co., Ltd.,

Denso Corp., Sumitomo Electric Industries, Ltd.May Toyota Motor Sales de Mexico, S. de R.L. de C.V.

(TMEX) est'd in MexicoJun. Toyota Motor Manufacturing, Alabama, Inc. (TMMAL)

holds a ground-breaking ceremony TMMF holds an opening ceremonyJul. Toyota Motor (China) Investment Co., Ltd. (TMCL)

est'd in China OOO "TOYOTA MOTOR" (TMR), a new sales and

marketing company in Russia, est'dNov. Toyota de Venezuela C.A. (TDV) begins production of

Daihatsu's 1.3-liter TeriosDec. Toyota Institute est'dJan. TMC and PSA Peugeot Citro?n sign agreement for the

joint development and production of small cars in Czech Republic

Feb. Toyota Motor Manufacturing Turkey Inc. (TMMT) begins exporting vehicles to Europe

Mar. Toyota hybrid vehicle (Prius, Estima Hybrid, Crown Mild Hybrid, Coaster Hybrid) sales reach 100,000 worldwide.

Participates in first Formula One race.Apr. Toyota Motor Europe (TME) est'd in Belgium Construction starts on Toyota Peugeot Citro?n

Automobile Czech (TPCA) Toyota Kirloskar Auto Parts Ltd. est'd in India Toyota Motor Manufacturing Poland Sp.z o.o (TMMP) begins

production of manual transmissionsJun. 10,000,000th Toyota vehicle produced in North America Prius sales top 100,000 units worldwideAug. China FAW Group Corporation (FAW) and TMC establish

long-term strategic relationshipSept. TMC and Nissan agree to tie up on hybrid technology TMC and FAW tie up on Chinese auto industryOct. Tianjin Toyota Motor Co., Ltd (TTMC) begins production

in China


History of production (continued) (1 = 1 vehicle)HistoryOverseasJapanYear


2003

2004

3,520,317

3,680,946

2,557,979 (2,611,416)

3,042,728 (3,139,132)

Nov. TOYOTA FCHV becomes first-ever market-ready fuel cell vehicle to be certified by Japan's Ministry of Land, Infrastructure and Transport

TMC-Hino fuel cell hybrid bus first to be certified for use on Japanese roads

Dec. TMC and TMS begin leasing the TOYOTA FCHV in Japan and North America

Feb. TMC and Fuji Heavy Industries agree to tie up on G-BOOK

12 TMC sales and marketing companies in Europe are rearranged to become subsidiaries or affiliated companies of Toyota Motor Marketing Europe

Mar. Toyota Motor Manufacturing, Texas, Inc. (TMMTX) est'd in the U.S.

Apr. TMC and China FAW group agree to jointly produce the Crown, Corolla, Land Cruiser and Land Cruiser Prado.

TMMAL begins V8 engine productionJun. Toyota Technical Center Asia Pacific (TTCAP) est'd in

Thailand and AustraliaJul. PT. Toyota-Astra Motor is divided into a marketing

company and a production companySept. The second generation Prius launched TMC and Mitsubishi Motors agree to tie up on G-BOOK TMMC begins production of Lexus RX330Feb. NUMMI marks 20th Anniversary Guangqi Toyota Engine, Col, Ltd.(GTE) est'd in ChinaMay New "Netz" channel starts operationsAug. TKAP begins transmission production TMT begins production of IMV (Hilux VIGO)Sept. Guangzhou Toyota Motor Co., Ltd. (GTMC) est'd in China TMC and FAW tie up on hybrid vehicles Toyota Motor Manufacturing de Baja California (TMMBC)

begins production TMMIN begins production of IMV (Kijang Innova)Nov. Prius wins 2005 European Car of the YearDec. TMMBC begins production of Tacoma Toyota FAW (Tianjin) Dies Co., Ltd. (TFTD) begins

production FAW Toyota Changchun Engine Co., Ltd. (FTCE)

begins production


History of production (continued) (1 = 1 vehicle)HistoryOverseasJapanYear

SOURCE: TMC NOTE: See inside front cover for description of "overseas production".

83

INDEX

84

Algeria.......................................................50Argentina ................... 11, 25, 27, 28, 40, 41Australia .................... 5, 6, 9, 11, 12, 25, 29,

30, 32, 34, 57, 58Austria.......................................... 27, 28, 45Bahrain......................................................62Bangladesh.........................................25, 61Belgium............................27, 28, 34, 45, 46Brazil ....................11, 12, 25, 27, 28, 40, 41Brunei..................................................11, 54Canada ........6, 9, 11, 12, 25, 27, 28, 36, 37Canary Islands..........................................50Chile..........................................................41China......................9, 12, 25, 29, 30, 53, 54Colombia.................................11, 25, 40, 41Costa Rica ................................................41Czech Republic ...25, 27, 28, 43, 44, 45, 46Denmark ................................ 27, 28, 45, 46Ecuador ..............................................11, 41Egypt.........................................................50El Salvador ...............................................41Finland .............................27, 28, 43, 45, 46France............................... 9, 11, 12, 25, 27,

28, 34, 44, 45, 46Germany..................6, 9, 27, 28, 34, 45, 46Ghana .......................................................50Greece ................................... 27, 28, 43, 45Guam ........................................................58Guatemala ................................................41Honduras ..................................................41Hong Kong................................... 29, 30, 54Hungary ...........................27, 28, 43, 45, 46Iceland ......................................................45India ...........................12, 25, 29, 30, 61, 62Indonesia .........6, 11, 12, 25, 29, 30, 53, 54Ireland .......................................... 27, 28, 45Israel .........................................................62Italy.................................6, 9, 27, 28, 45, 46Jordan.......................................................62Kenya........................................... 25, 49, 50Korea ........................................................54Kuwait .......................................... 29, 30, 62Lebanon....................................................62

Macau .......................................................54Malawi....................................................... 11Malaysia...............12, 25, 29, 30, 53, 54, 55Mexico........................ 11, 25, 27, 28, 36, 37Morocco..............................................48, 50Mozambique............................................. 11Netherlands ........................... 27, 28, 45, 46New Zealand ..........................11, 29, 30, 58Nigeria.................................................11, 50Norway.............................27, 28, 43, 45, 46Oman ....................................... 9, 29, 30, 62Pakistan ...........................25, 29, 30, 61, 62Panama ....................................................41Papua New Guinea............................11, 58Peru...........................................................41Philippines .....11, 12, 25, 29, 30, 53, 54, 55Poland........... 12, 25, 27, 28, 43, 44, 45, 46Portugal...................... 11, 25, 27, 28, 44, 45Puerto Rico.................................. 27, 28, 37Qatar .........................................................62Reunion ....................................................50Russia.......................................... 27, 28, 45Saudi Arabia ........................ 6, 9, 29, 30, 62Singapore ........................ 11, 29, 30, 54, 55South Africa .........11, 12, 25, 29, 30, 49, 50Spain................................27, 28, 43, 45, 46Sweden.................................. 27, 28, 45, 46Syria..........................................................62Taiwan..............6, 12, 25, 29, 30, 53, 54, 55Thailand .................. 5, 6, 11, 12, 25, 29, 30,

32, 34, 53, 54, 55Tunisia.......................................................50Turkey ........................ 11, 25, 29, 30, 61, 62U.A.E............................................ 29, 30, 62U.K. ........6, 9, 11, 12, 25, 27, 28, 44, 45, 46U.S.A............................. 6, 9, 11, 12, 25, 27,

28, 31, 33, 36, 37Venezuela............11, 12, 25, 27, 28, 40, 41Vietnam........................................ 25, 53, 54Yemen.......................................................62Zambia...................................................... 11Zimbabwe................................................. 11

Country / Region

Index

NOTE: The index covers only the material contained in chapter 1 through chapter 5.

Abdullah Abdulghani & Bros. Co. W.L.L....................................................62Abdul Latif Jameel Import & Distribution Co., Ltd. ...............................................62Admatechs Co., Ltd..................................21Aero Asahi Corporation............................21Aftab Automobiles Ltd. .......................25, 61Aichi Steel Corporation ............................19AIRFLITE JAPAN Corp............................21Aisin Seiki Co., Ltd. ............................19, 33Al-Futtaim Motors Company-Limited Liability Company................................62Al Saady Trading Co., Ltd........................62Amlux Toyota Co., Ltd. .............................21Assembly Services Sdn. Bhd. .................25Associated Vehicle Assemblers.........25, 49Atkins Kroll, Inc.........................................58Automotive & Machinery Trading Center ..................................................62B.S.B. S.A.................................................50Banco Toyota do Brasil S.A. ....................41Bodine Aluminum, Inc. .......................25, 36Boustany United Machineries Co. S.A.L. ...................................................62BPA INCORPORATED............................22Calty Design Research, Inc. ....... 31, 33, 37Canadian Autoparts Toyota Inc. (CAPTIN) .......................................25, 36CARTEC FUJI Inc. ...................................22Casabaca S.A. .........................................41Central Trade & Auto Co..........................62Chang Chun FAW Fengyue Auto Co., Ltd. .................................................25, 53Cofi!o Stahl y Compa!ia Ltda. ...............41Corporacion Flores, S.A...........................41Daihatsu Motor Co., Ltd. ............. 17, 18, 19Delta Comercial, C por A. ........................41Denso Corporation .............................19, 33Distribuidora de Automoviles, S.A. de C.V........................................................41Distribuidora Toyota Ltda. ........................41Ebrahim Khalil Kanoo W.L.L....................62Eco-Research Corporation ......................21Eihokai ......................................................19FAW Toyota Changchun Engine Co., Ltd. .................................................25, 53FM NAGOYA Inc. .....................................20

Fuji International Speedway Co., Ltd. .....21GAMAGORI Marine Development Co., Ltd. .......................................................21Gazoo Media Service Corp. ....................20GOOD LIFE DESIGN CO., LTD..............21Guangzhou Toyota Motor Co., Ltd. ...25, 53Guanigqi Toyota Engine Co., Ltd.......25, 53Himawari Network Inc. .............................20Hino Motors, Ltd. ......................... 17, 18, 19Hotai Finance Corporation.......................55Hotai Leasing Corporation .......................55Ho tai Motor Co., Ltd. ...............................54Importadora Tomebamba S.A. ................41Indus Motor Company Ltd. ......... 25, 61, 62Toyota Algerie S.P.A.................................50Japan Mayday Service Co., Ltd...............20Kanto Auto Works, Ltd. ............... 17, 18, 19KDDI Corp. ...............................................20Kuozui Motors, Ltd. ............................25, 53Kyohokai ...................................................19LATTICE TECHNOLOGY, lNC................22LIFE CREATION CO., LTD......................21Louwman & Parqui B.V. ...........................45Media Click Inc. ........................................22Mohamed Naser Al-Sayer & Sons Est. Co. W.L.L....................................................62MTA INCORPORATED............................22N.V. Toyota Motor Europe Marketing & Engineering S.A. (TMME)...................46Nagasaki Sunset Marina Co., Ltd............21Nagoya Broadcasting Network................20Nagoya Grampus.....................................22New United Motor Manufacturing, Inc. (NUMMI) ..................................11, 25, 36OOO "TOYOTA MOTOR" ........................45Toyota Motor Corporation Australia Ltd...25Panasonic EV Energy Co., Ltd................21PT. Toyota-Astra Motor.............................54PT. Toyota Motor Manufacturing Indonesia .......................................25, 53Purdy Motor S.A. ......................................41Ricardo Perez, S.A...................................41Salvador Caetano I.M.V.T., S.A. . 25, 44, 45Sanritz Automation Co., Ltd .....................22Satellite Positioning Information Service, Ltd..........................................20Servco Pacific Inc.(Hawaii) ......................37

Company

Index


85

INDEX

86

Siam Toyota Manufacturing Co., Ltd ..................................................25, 53Sichuan Toyota Motor Co., Ltd. (SCMT) ..........................................25, 53Sociedad de Fabricacion de Automotores S.A. ......................................... 25, 40, 41Spain Toyota Financial Services Espana.................................................46TABC, Inc............................................25, 36TACTI Corporation ...................................21TAS Co., Ltd. ............................................20Terra Corporation .....................................22Tianjin FAW Toyota Motor Co., Ltd. (TTMC)...........................................25, 53Tianjin Fenjin Autoparts Co. (TFAP)........12Tianjin Jinfeng Auto Parts Co., Ltd. ...25, 53Tianjin Toyota Forging Co., Ltd. (TTFC) .................................... 12, 25, 53Tianjin Toyota Motor Engine Co., Ltd. (TTME).................................... 12, 25, 53Tianjin Toyota Press Co., Ltd. ............25, 53Tianjin Toyota Resin Co., Ltd. ............25, 53TMME .......................................................46Tokyo Design Research & Laboratory......................................32, 33Towa Real Estate Co., Ltd. ......................19Toyoda Boshoku Corporation ..................19Toyoda Gosei Co., Ltd..............................19Toyoda Machine Works, Ltd. ...................19Toyotasa Toyota Sabanci Marketing and Sales Inc. .............................................62Toyota (GB) Ltd. .......................................45Toyota AG .................................................45TOYOTA AMENITY Inc............................22Toyota Argentina S.A. (TASA)..... 25, 40, 41Toyota Autoimport AB...............................45Toyota Automall Development Corp........21Toyota Autoparts Philippines Inc. (TAP)....................................... 12, 25, 53Toyota Auto Body Co., Ltd. ......... 17, 18, 19Toyota Auto Body Thailand Co., Ltd. (TABT)............................................25, 53Toyota Auto Finland Oy............................45Toyota Bank Polska S.A...........................46Toyota Belgium S.A. / N.V........................45Toyota C#lum Inc. ....................................20Toyota Canada Inc. (TCI).........................37Toyota Canarias S.A. ...............................50Toyota Central Research & Development

Laboratories, Inc..................................19Toyota Chile S.A.......................................41Toyota Communication Systems Co., Ltd. .......................................................20Toyota Compania Financiera de Argentina S. A.......................................................70Toyota Credit Canada Inc. .......................37Toyota Credit de Puerto Rico Corp..........37Toyota Danmark A/S ................................45Toyota del Peru S.A. ................................41Toyota Deutschland G.m.b.H...................45Toyota de Puerto Rico Corp.....................37Toyota de Venezuela C.A. (TDV) ...................................... 25, 40, 41Toyota Digital Cruise Inc. .........................20Toyota do Brasil LTDA................. 25, 40, 41Toyota Du Maroc S.A.R.L. .......................50Toyota Egypt S.A.E. .................................50Toyota Espa!a, S.L..................................45Toyota Europe Design Development S.A.R.L. (ED2)......................... 31, 34, 46Toyota FAW (Tianjin) Dies Co., Ltd....25, 53Toyota Finance Australia Ltd....................58Toyota Finance Finland Oy......................46Toyota Finance New Zealand Ltd............58Toyota Financial Services Corp. (TFS) ...20Toyota Financial Services (UK) PLC (TFSUK)...............................................46Toyota Financial Services Czech s.r.o.....46Toyota Financial Services Denmark A/S........................................................46Toyota Financial Services Hungary Rt. ...46Toyota Financial Services Korea Co., Ltd. .......................................................70Toyota Financial Services Philippines .....55Toyota Financial Services Slovakia s.r.o.................................................46, 70Toyota Financial Services South Africa (Pty) Ltd. ..............................................50Toyota Financial Services Sweden..........46Toyota Floritech Co., Ltd. .........................21Toyota France S.A. (TFR)........................45Toyota Frey Austria Ges.m.b.H................45Toyota Ghana Company Ltd....................50Toyota Hellas S.A. ....................................45Toyota Industries Corporation..... 17, 18, 19Toyota Info Technology Center ................20Toyota Ireland ...........................................45Toyota Kirloskar Auto Parts Private

Index


Ltd. .................................................25, 61Toyota Kirloskar Motor Private Ltd. (TKM)............................... 25, 61, 62Toyota Kreditbank GmbH...................46, 70Toyota Leasing Thailand Co., Ltd. .....55, 70Toyota MACS Inc. ....................................22Toyota Map Master...................................20Toyota Mizunami Development Co., Ltd. .......................................................22Toyota Modellista International Corporation..........................................21Toyota Motorsport GmbH (TMG).......34, 46Toyota Motor Asia Pacific Pte Ltd. (TMAP).................................................55Toyota Motor Corporation Australia Ltd. (TMCA) .......................11, 25, 57, 58Toyota Motor Credit Corporation .......37, 70Toyota Motor Czech spol. sr. o. ...............45Toyota Motor Europe (TME) ....................46Toyota Motor Europe Manufacturing (TMEN) ................................... 31, 34, 46Toyota Motor Finance (China) Co., Ltd. ..70Toyota Motor Finance (Netherlands) B.V..................................................46, 70Toyota Motor Hokkaido, Inc. ..............13, 14Toyota Motor Hungary Kft ........................45Toyota Motor Industries Poland SP.zo.o...........................................25, 44Toyota Motor Italia S.p.A..........................45Toyota Motor Korea Ltd. (TMKR) ............54Toyota Motor Kyushu, Inc. .... 13, 14, 17, 18Toyota Motor Manufacturing,Texas, Inc.........................................................25Toyota Motor Manufacturing, Alabama, Inc. (TMMAL)................................. 25, 35, 36Toyota Motor Manufacturing, Indiana, Inc. (TMMI) .....................................11, 25, 36Toyota Motor Manufacturing, Kentucky, Inc. (TMMK).......................11, 12, 25, 36Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV) .................. 12, 25, 35, 36Toyota Motor Manufacturing (UK) Ltd. (TMUK) ................. 11, 12, 18, 25, 43, 44Toyota Motor Manufacturing Canada Inc. (TMMC)....................................11, 25, 36

Toyota Motor Manufacturing de Baja California S.de R.L.de C.V. (TMMBC) ................................ 25, 35, 36Toyota Motor Manufacturing France S.A.S. (TMMF) ..................11, 25, 43, 44Toyota Motor Manufacturing North America, Inc. (TMMNA).......................37Toyota Motor Manufacturing Poland SP.zo.o. (TMMP) .................... 12, 25, 44Toyota Motor Manufacturing TURKEY Inc. (TMMT) ..............................11, 25, 60, 61Toyota Motor North America, Inc. (TMA)...................................................37Toyota Motor Philippines Corp. (TMP)................................ 12, 25, 53, 54Toyota Motor Poland Co., Ltd. .................45Toyota Motor Sales, U.S.A., Inc. (TMS).............................................33, 37Toyota Motor Thailand Co., Ltd. (TMT) .......................... 11, 12, 25, 53, 54Toyota Motor Tohoku Co., Ltd............13, 14Toyota Motor Vietnam Co., Ltd. .. 25, 53, 54Toyota New Zealand ................................58Toyota Norge AS ......................................45Toyota Peugeot Citro?n Automobile Czech (TPCA).................................... 25, 43, 44Toyota Roofgarden Corporation ..............21Toyota Service de Mexico, S.A. de C.V..................................................37, 70Toyota Service de Venezuela, C.A....41, 70Toyota South Africa Motors (Pty) Ltd. .............................. 11, 12, 25, 49, 50Toyota Technical Center, U.S.A., Inc. (TTC-USA).............................. 31, 33, 37Toyota Technical Center Asia Pacific Australia Pty. Ltd............................32, 34Toyota Tsusho (PNG) Ltd.........................58Toyota Tsusho Corporation......................19Toyota Turbine and System.....................21UMW Toyota Capital Sdn. Bhd..........55, 70UMW Toyota Motor S.B. ....................54, 55Union Motors Ltd. .....................................62WELLNESS FRONTIER CENTER, CO. ,LTD..............................................21YAT Fung Motors Ltd................................54

Index


87

INDEX

88

4 Runner ...................................... 10, 28, 30Allex ........................................... 3, 7, 15, 17Allion .......................................... 3, 7, 15, 17Alphard...........................3, 7, 15, 17, 27, 29Alphard HV ...........................................3, 15Altezza ....................................... 3, 7, 15, 17Aristo.................................................3, 7, 15Avalon ....................5, 11, 12, 27, 29, 36, 57Avensis ................................5, 7, 11, 15, 17,

26, 27, 29, 43, 44Avensis verso .............................. 26, 27, 29bB............................................... 3, 7, 15, 17Brevis ......................................... 3, 7, 15, 17Caldina....................................... 3, 7, 15, 17Cami................................................7, 15, 17Camry .................3, 5, 7, 10, 11, 12, 15, 17,

27, 29, 35, 36, 52, 53, 57, 60Camry CNG..............................................10Camry Solara........................... 5, 27, 29, 36Celica .................3, 7, 10, 15, 17, 27, 29, 33Celsior........................................ 3, 7, 15, 17Century ....................3, 7, 10, 15, 17, 27, 29Coaster ..............3, 7, 10, 15, 17, 27, 29, 53Comfort .............................................3, 7, 17Corolla.....3, 5, 7, 10, 11, 12, 15, 17, 26, 27,

29, 36, 40, 43, 44, 49, 53, 60, 61Corona ....................................... 5, 7, 27, 29Crown.......................3, 7, 10, 15, 17, 27, 29Duet.............................................................7Dyna...........7, 11, 15, 27, 29, 40, 44, 49, 53Dyna/Toyoace.................................3, 10, 17Echo....................................................10, 26Echo Verso ...............................................26Estima......................3, 7, 10, 15, 17, 26, 33Estima Hybrid .......................................3, 15FunCargo...........3, 7, 10, 15, 17, 26, 27, 29Gaia.........................................................3, 7Granvia ...................................................3, 7Harrier ........................................ 3, 7, 15, 17Hiace............................... 3, 5, 7, 10, 15, 17,

27, 29, 44, 49, 53Highlander ............................. 10, 26, 27, 29Hilux ....................4, 5, 7, 10, 11, 12, 15, 17,

27, 29, 40, 49, 53, 61Himedic.....................................................17IMV........................................................5, 52Ipsum .............................4, 7, 10, 15, 17, 26

Isis...................................................7, 15, 17Ist................................................ 4, 7, 15, 17Kijang ............................................11, 27, 29Kluger V ................................................4, 15Land Cruiser ........... 4, 7, 10, 11, 16, 17, 27,

29, 40, 49, 53, 61Liteace .....................4, 7, 10, 16, 17, 27, 29Mark II ........................................ 4, 7, 16, 18Mark X........................................ 4, 7, 16, 18Matrix ................................. 5, 11, 27, 29, 36MR-S..............................4, 7, 10, 16, 18, 26MR2 ................................... 4, 10, 26, 27, 29Nadia...........................................................7Noah .......................................... 4, 7, 16, 18Opa ............................................ 4, 7, 16, 18Optimo ................................................11, 44Passo......................................... 4, 7, 16, 18Picnic.................................. 4, 10, 26, 28, 30Platz ...................4, 7, 10, 16, 18, 26, 27, 29Porte........................................... 4, 7, 16, 18Prado ............................................11, 40, 53Premio........................................ 4, 7, 16, 18Previa...........................3, 10, 26, 28, 30, 33Prius............ 4, 7, 10, 16, 18, 28, 30, 33, 35Probox........................................ 4, 7, 16, 18Progr<s ...................................... 4, 7, 16, 18Qualis..............................................5, 60, 61Raum ......................................... 4, 7, 16, 18RAV4........................4, 8, 10, 16, 18, 28, 30RAV4 EV...................................................10Regius.............................................3, 16, 18RX330...................................................5, 11Scion tC ....................................... 10, 28, 30Scion xA............................. 4, 10, 17, 28, 30Scion xB............................. 3, 10, 17, 28, 30Semi bonnet ................................ 10, 27, 29Sequoia.............................. 5, 11, 28, 30, 36Sienna................................ 5, 11, 28, 30, 36Sienta......................................... 4, 8, 16, 18Soarer .................................. 4, 8, 16, 18, 33Soluna....................................................... 11Spacio.............................................3, 10, 26Sparky.........................................................8Sprinter Carib..............................................8Succeed..................................... 4, 8, 16, 18Tacoma ..................5, 11, 28, 30, 33, 35, 36Terios.........................................................40

Vehicles

Index


Townace............................... 4, 8, 10, 16, 18Toyoace ................................... 3, 10, 16, 17Tundra................................ 5, 11, 28, 30, 36TUV........................5, 11, 12, 28, 30, 49, 53Verossa...................................................4, 8Vios .........................................11, 28, 30, 53Vista ............................................................8Vitz .....................4, 8, 10, 16, 18, 26, 27, 29

Voltz ......................................................5, 36Voxy ........................................... 4, 8, 16, 18WiLL Cypha ............................... 4, 8, 16, 18WiLL VS..................................................4, 8Windom...................................... 4, 8, 16, 18Wish ...........................4, 5, 8, 10, 16, 18, 53Yaris ............................. 5, 10, 11, 26, 43, 44Yaris Verso................................................26

Index

Lexus brand

ES300 ......................................4, 10, 28, 30GS300/430 ..............................3, 10, 28, 30GX470....................................10, 17, 28, 30IS200/300 ..........................3, 10, 17, 28, 30

LS430.................................3, 10, 17, 28, 30LX470.................................4, 10, 17, 28, 30RX300................................3, 10, 17, 28, 30SC430......................... 4, 10, 18, 28, 30, 33


memo memo

GX470GS300/430

LS430 LX470 RX330/300

SC430

Toyoace HV** RX 400h* Highlander HV*

CS & S*FUTURE TRUCK CONCEPT full-size hybrid pickup truck*

LF-S*

Estima Hybrid** Alphard Hybrid** Dyna HV**

Prius

Toyota was the first company to sell a mass-produced hybrid gas/electric car, the Toyota Prius, and the first to bring a fuel cell hybrid vehicle to the market. Toyota's hybrid vehicles have passed a cumulative worldwide sales figure of 318,500 (as of December 2004).

HVHV (Hybrid Vehicles)

*Show car or concept vehicle **Available only in Japan

GS300/330

IS200/300

ES330

For further information, please contact:

International Communications Dept., Public Affairs Div., Toyota Motor Corporation4-18, Koraku 1-chome, Bunkyo-ku, Tokyo 112-8701, JapanPhone: +81-3-3817-9150Fax: +81-3-3817-9092

The latest data is available at:

website: http://www.toyota.co.jp

Contact information for investors:

Toyota Motor CorporationToyota City Head Office:

1, Toyota-cho, Toyota City, Aichi Prefecture 471-8571, JapanPhone: +81-565-28-2121Fax: +81-565-23-5800

Tokyo Head office:

4-18, Koraku 1-chome, Bunkyo-ku, Tokyo 112-8701, JapanPhone: +81-3-3817-7111Fax: +81-3-3817-9092

Toyota Motor North America, Inc.

9 West 57th St., Suite 4900, New York, NY 10019, U.S.A.Phone: +1-212-223-0303Fax: +1-212-759-7670

Toyota Financial Services (UK) PLC

9 Clifford St., London, W1S 2LD, U.K.Phone: +44-20-7851-2312Fax: +44-20-7851-2339

Tundra Voxy WiLL CYPHA

SIENTA

Vios

RAV 4

Toyoace Vitz (Yaris/Echo)

Harrier

Succeed

Land Cruiser 70

Corolla Runx Crown Royal/AthleteCorolla Spacio

Caldina Camry

Premio

SiennaSequoiaSoarer

Land Cruiser Prado Liteace

TownaceTacoma

FunCargo(Yaris Verso/Echo Verso)

Land Cruiser 100

Ipsum(Picnic/Avensis Verso)

CorollaCelsior

ist (Scion xA)

RaumProboxPrius

Matrix

Platz (Echo/Yaris)

OpaNoahMR-S (MR2/Spyder)Mark II Blit

Progr<s

Land Cruiser Cygnus

Hilux Surf (4Runner)Hiace Hilux

Estima (Previa/Tarago)DynaCorolla Fielder

Qualis

Century

Altezza Gita

CelicaCamry Solara

Kluger (Highlander)

Brevis

bB (Scion xB)AvensisAristo

Coaster

AVANZAAltezzaAllex Allion Alphard

Windom Wish

Soluna Vios

Cami

Avalon

Corolla Verso Crown Majesta

Hilux VIGO Isis Kijang Innova

Mark X

Regius Ace Scion tC

Passo Porte

The Toyota Group exhibit will propose a world in which everyone can enjoy the benefi ts of mobility and in which people, nature and the earth can live together in harmony. Five elements go into this vision, as presented at the Exhibition.

Natural-Cycle Earth Society*The main pavilion building will be constructed and operated to reuse, recycle and make use of renewable forms of energy and materials.

Innovative Power SourcesFuel cell hybrid buses (FCHV-BUS) represent the hydrogen society of tomorrow.

Optimum MobilitySingle passenger i-unit concept v e h i c l e s a n d t h e I M T S n e x t -generation transportation represent a society in which various forms of mobility are wisely selected and used to meet individual' s transportation needs.

Harmony with SocietyThe i-unit and robot performance will represent a society free of traffi c accidents and traffi c jams, and in which the elderly and those with disabilities can achieve independent mobility.

Meeting the Needs oI IndividualsThe i-unit and robot performance will also showcase the possibilities offered by future technologies and vehicles to respond to individuals' wishes to move freely.

* Natural-Cycle Earth Society: A society proactively utilizing renewable energies and materials in line with the earth's natural mechanism for renewal, in addition to reusing and recycling whenever possible.

For further information, please visit http://expo.toyota-g.com

EXPO 2005 AICHI, JAPAN, the first World Exposition of the 21st Century, will be held in Japan's Aichi Prefecture from March 25, 2005 for 185 days.

In December 2004, The Toyota Group announced details of its performance plans for the Toyota Group Pavilion at EXPO 2005 AICHI, JAPAN. Under the theme of "The Dream, Joy and Inspiration of Mobility in the 21st Century," performances will introduce the concepts of " Mobility in Harmony with the Earth" and "The Appeal of Mobility - Achieving the Dream and Joy of Worldwide Movement." The performances will showcase future technologies and vehicle possibilities that form part of the Group's vision for the society of tomorrow, refl ecting Toyota Group's efforts toward achieving optimum mobility, harmony with society, and meeting the needs of individuals.The performance will consist of two parts, a Welcome Show and a Main Show, the latter produced by Yves P>pin, the world-famous leader of the Paris-based production company eca2.The Welcome Show will feature Toyota Partner Robots - developed to assist humans with kindness and intelligence - in a robot musical band, along with a DJ robot that engages in entertaining dialogue with the (human) emcee.The Main Show, titled "MOVE, LIVE," has the theme of "In Movement is Freedom. In Movement is Life." Single passenger i-unit concept vehicles and a mountable, walking robot i-foot will join with dancers in a "mobility

performance" that will introduce the concepts of "The Wonders of Living and Moving Freely" and "The New Relationship between People and Vehicles." A large screen will surround the audience and actors.

Meet the entertainersFive elements of Toyota Group's vision for a future society

Music Playing robots and DJ robotToyota Partner Robots play trumpet, tuba, horn and drums, demonstrating remarkable dexterity with their fi nely articulated robotic hands, fi ngers and lips. The DJ robot will carry on a dialogue with the emcee.

i-foot robotThis mountable walking robot wilt offer three-dimensional mobility, including the ability to navigate staircases. The ability to mount and dismount comfortably was of primary consideration in the design of the bird-like legs, which bend toward the rear. The wrap-around egg-shaped design of the i-foot imparts feelings of safety and reliability, expressing our dream of future three-dimensional mobility. A joystick is used for navigation.

i-unit - ultra-compact personal mobilityThe i-unit is a form of personal mobility that seeks to attain a greater balance of meeting individuals' wishes to enjoy freedom of movement, harmony with society, and harmony with our planet' s natural environment. It can shift between an upright low-speed mode and a reclining high-speed mode, and even perform on-the-spot turns. Other features include drive-by-wire technology and a personalized recognition

system for customized information, music and body color to match individual preferences.

Conceptual image of Main Show

Yves P>pin

Music playing robots

i-foot

i-unit

Toyota Group Announces EXPO 2005 AICHI, JAPAN pavilion Performance

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