CORPORATE GUIDETOYOTA FINANCIAL SERVICES

Akihiro FukutomeGroup CEOTFS

Chief Officer TMCSales Finance Business Group

Let me begin by expressing my gratitude and

appreciation to all our customers and dealers around

the globe. With their support over the past year, we

continued making progress in achieving our global

vision to “create value by enabling freedom of

movement.”

We are witnessing our share of disruption and

transformation in the automotive industry.

Advancements in the areas of connected technology,

autonomous driving, electrification, as well as vehicle

sharing trends, are shaping the world and driving us all

toward a new mobility ecosystem.

As we embark on a new journey in the pursuit of mobility

for all, we are committed to aligning with our

stakeholders to better understand their evolving needs

and preferences.

Our vision helps us focus on what truly matters.

Working closely with our extensive global network of

dealer partners, we are committed to ensuring that, as

mobility needs evolve, we are ready to provide the

products, services and support to meet those needs.

We will continuously look for opportunities to enhance

the way we serve customers and dealers, both today

and tomorrow.

TFS, Creating Value for Customers

1

Toyota Financial Services Corporation is made up of affiliates in more than 35 countries/

locations. Wherever we operate, we conduct business with the highest ethical standards

and a fair and sincere attitude. We aim to have a positive impact in the communities

in which we operate. Our products and services differ from country to country to meet

market conditions and regulatory requirements, but around the world we are a company

focused on delivering quality products that meet our customers’ needs.

Provide sound financial services that contribute to a prosperous life for Toyota customers and others.

Create value by enabling freedom of movement.

Challenge Speed Unity of Purpose

MISSION

VISION

THE TFS WAY

2

Group Structure TFS offers a comprehensive financial services lineup that caters to customers’ diverse needs while strengthening the core auto sales finance operation. By offering customers sound, high-quality financial products and services, TFS aims to build customers for life by supporting their life events.

TFS and TMC Sales Finance Business GroupTFS has become a part of TMC as the “Sales Finance Business Group.” This integrates the sales finance business with the auto business to realize rapid decision making and better “visualization” of risks.

TFSC Board of Directors and Strategic Management CommitteeThe TFSC Board of Directors is the highest decision-making body of TFS and consists of members from both TFS and TMC.  The Strategic Management Committee composed of members from TFS only and includes TFS Top Management and the Region Chief Officers.  These committees discuss strategic matters that will help guide TFS.

RegionsTFS operates five regions which are responsible for assessing the market, developing strategy, and supporting the TFS sales finance companies to best meet the various needs of TFS customers.

Toyota Motor Corporation (TMC)

JapanAmericasOceania

EuropeAfrica

Asia Pacific China

Toyota Financial Services(TFS)

Toyota Financial Services Corporation (TFSC)Board of Directors

TFS Group Top Management

Internal/External

Audit

Sale Finance BusinessKINTO Business

Strategic PlanningCorporate Management

TMFNL

TMC Sales Finance Business Group

Region

3

"Toyota Finance Corporation (TFC) was established in 1988, breaking off from Toyota Motor Corporation to operate as a captive finance company in Japan.Since opening its doors, TFC has provided high value-added financial products and services to authorized Toyota and Lexus dealers, affiliates, partners and our customers in Japan. We have continued to operate under the commitment to support Toyota sales by providing financial services as well as customer lifestyle support.TFC prides itself on a strong corporate philosophy to consider customers as the first priority. While automobile technologies advance and the area of settlement service expands, TFC is committed to enhancing the Toyota Way of financial services by using predictive modeling to actively explore new business opportunities. As we work to further advance in achieving a greater goal, I would very much appreciate your continued support."

Toshiyuki Nishi

Toshiyuki NishiCEO, TFS Japan Region

“ Tsukatte Back”"Tsukatte Back" is a product in which the Credit Card Points can be used as cash back for monthly payments of Auto Finance.

*1 point=JP￥1.5

TFC and TMC joint promotion, “Triple Assist” and Unique Products, “ Tsukatte Back”*

Japan Region

300PJan.

800PTS CUBIC CARD！

Use

Triple Assist

TFS Business Office Locations

Tsukatte Back

New and unique products by ToyotaBalloon Finance

Tsukatte Back

Auto Finance Business Brand: Toyota, Lexus, Daihatsu, HinoCredit Card BusinessHouse Loan BusinessCompany Support Business Corporate credit card, Insurance

Hokkaido Branch (Sapporo)

Headquater (Nagoya)

Chubu Branch (Nagoya)Nagoya Center

Chugoku Shikoku Branch (Okayama)

Kyushu Branch (Fukuoka)

Kinki Branch (Osaka)

Kanto Branch (Tokyo)Tokyo Center

Tohoku Branch(Sendai)

TOYOTA Insurance

Points1.5 times

for Auto LoansCash back

Feb.500PMar.

Jan. Feb.Monthly Payment

Mar. Apr.

¥450 ¥1200 ¥750 P

￥

IndividualCustomers

CorporateCustomers

Dealers(T/L/DH/Hino)

Credit Card

Insurance

Auto Finance Business

Cre

dit C

ard

Busi

ness

Com

pany SupportBusiness

House LoanBusiness

Toyota Home Agency

4

Americas Oceania Region

Mark S. TemplinPresident & CEO

Toyota Financial Services Americas Oceania Region

“Each sales finance company in the Americas Oceania Region is unique, but all share a dedication to partnering effectively with local Toyota distributors to meet the evolving needs of dealers and consumers. Across the region, TFS team members work diligently to implement the appropriate processes and technologies that allow TFS to create value by enabling freedom of movement.”

Our 4,500 team members across the region manage $154 billion USD in assets and are dedicated to serving over 6.1 million finance customers and 2,400 dealer wholesale accounts. With sales finance companies in Canada, the United States, Brazil, Argentina, Puerto Rico, Mexico, Venezuela, Australia and New Zealand, we draw upon our extensive scale and experience to capitalize on unique market opportunities.

*As of March 31, 2019

Toyota Credit Canada Inc.(TCCI) Markham, Ontario

Toyota Financial Services(TFS USA) Plano, TX

Toyota Financial Services Mexico(TFSM) Mexico City, Mexico

Toyota Credit de Puerto Rico(TCPR) San Juan, Puerto Rico

Toyota Services de Venezuela (TSV) Caracas, Venezuela

Banco Toyota do Brazil (BTB) Sao Paulo, Brazil

Toyota Compañía Financiera de Argentina (TCFA) Buenos Aires, Argentina

Mark Templin

Markets At A Glance*

Americas Oceania Region Overview9 Sales Finance Companies in Americas Oceania Region

1

2

3

4

5

6

Toyota Finance Australia Ltd. (TFA) Sydney, Australia8

Toyota Finance New Zealand Ltd. (TFNZ) Auckland, New Zealand 9

7

2

3 4

798

6

5

1

5

Unique Products & ServicesWe are proud to offer distinctive financial products and services to our customers and dealers, whose satisfaction is our overarching objective. Some examples of our differentiated product offerings include the following:

In 2018, Toyota Credit Canada rolled out a range of Creditstream enhancements across the Toyota and Lexus dealer networks. The company improved contract validation and document upload capabilities and introduced a mobile e-signature tool for customers. These features dramatically advanced internal efficiency and validation controls as well as customer satisfaction. The transition establishes the platform for even more technology enhancements in the future.

Retail Fraud Prevention (Mexico)

Toyota Financial Services Mexico introduced a high-tech fraud prevention initiative to combat organized crime. The company employs fingerprint scanners that verify a customer’s identity, tracking to a database and ensuring that supplemental forms of identification are valid. Now, TFSM is exploring using the same biometric validation to enhance customer service by simplifying customer account access.

Toyota Personalised Rate (Australia)

Toyota Finance Australia offers an interest rate that’s tailored to consumer financial circumstances. Instead of taking a one-size-fits-all approach, consumers are now offered a customized interest rate based on their credit score and other criteria determined by Toyota Finance.

Cityhop (New Zealand)

TFS New Zealand offers ‘cars by the hour’ through Cityhop, the country’s largest car share operator. The company operates a fleet of more than 100 vehicles for members to book, unlock and drive with their Cityhop access card. Parking, petrol, insurance and maintenance are all included in the low hourly rate, allowing thousands of individual and business members to save time and money.

Creditstream (Canada)

428 fraud attempts in FY19⬆ 109％ vs 2018

USD 6.5 million of potential losses

STOP FRAUD

Fraud ScoreNov. 2017

ID ScannerSep. 2018

Finger PrintMar. 2018

1st Captive using shared data bases

6

MOBILITASBOARDDr. van Zyl

Matt HarrisonIvo Ljubica

Michael Kainzbauer

CologneTME (Brussels)

Mobility & Connected Car

Toyota Fleet Mobility

London

TFM Corporate structure

TFMFrance

JV: Toyota Financial Services and Toyota Motor Europe

TFSC(Japan)

51%

TME(Belgium)

49%

TFMSpain

TFMItaly

TFM (TBC)

TFM (TBC)

TFM(TBC)

TFM Europe

Ivo LjubicaCEO, TFS Europe & Africa Region

"The transformation of the traditional automotive industry into a multimodal mobility services industry is moving quickly forward. Only those market participants who can cope with these deep and disruptive changes will be able to sustain their role in a new mobility ecosystem.

Following the global TFS Vision Create Value by Enabling Freedom of Movement TFS Europe & Africa Region (EAR) has already developed new key strategic initiatives in order to expand the value chain in the Digital, the Fleet and the Mobility business. Now we are in the process of implementing innovative business ideas by founding new companies, building new cooperations with external business partners and setting-up new organizational structures.

Thus TFS EAR is not just prepared for the future – we are already creating our own business transformation and bringing new business opportunities to life. All this is founded on a very strong collaboration with Toyota Motor Europe (TME) and a TFS EAR team of highly inspired and skilled employees."

Toyota Fleet Mobility (TFM)In September 2018, a new company was founded as a joint venture of Toyota Financial Services and Toyota Motor Europe. Shareholders are TFSC in Japan (51%) and TME in Brussels (49%).The European headquarters of Toyota Fleet Mobility (TFM) is located in Cologne, Germany. Local TFM companies are established in 2019 in the first 3 key markets of Spain, France and Italy. Further market entrances of TFM are planned in 2020 and beyond. Starting with financial services and vehicle services for SME (Small & Medium-sized Enterprises), TFM will also offer telematics and mobility services for fleet customers in the midterm and expand to a multibrand fleet operator and mobility provider in the long term.

Cooperation on MobilityIn 2018, Mobilitas - a dedicated Toyota Mobility organization – was established in Europe. This organizational pentagon consists of the mobility & connected car unit at TME in Brussels, Toyota Financial Services, Toyota Insurance Management, Toyota Fleet Mobility and Toyota Connected in London, UK.

The aim of this new organization is to offer integrated, on-demand mobility services to cities, corporations & individuals.

Ivo Ljubica

Europe Africa Region

7

Corporate Car Sharing

RideHailing

MultimodalIntegration

CorporateCar Pooling

Subscription

KazakhstanSFC’sTFMMobility Cooperations

South Africa

Dealerselection

DealerPOSLogin

ID Check Credit Check E-signature

Markets at a Glance*1,500 team members across 18 locations in Europe and Africa service over 1,300 Toyota and Lexus retailers for whom TFS provides funding exceeding €2.6 billion. In total, our outstanding customer portfolio numbers exceed 1.6 million live accounts representing an asset size of over €22 billion.

E-sales platformThe fast moving digital world brings lots of new challenges and opportunities to our business.Thus, TFS and TME also invested in this business channel to deliver a seamless online experience to our customers.With a newly developed E-sales platform, Toyota customers are now able to buy and finance a new car completely online for the first time in our history. New functionalities like identity check, credit check and digital signature have been developed and implemented, in order to launch a pilot service for the Norwegian market. The platform has been designed to scale at pace, meaning that it will soon be available for adoption by other markets across the Europe & Africa Region.

Growing TFS family in EAR

The joint Mobilitas organization has prioritized five business models to be implemented into the European market:Corporate Car Sharing, Corporate Car Pooling, Subscription, Ride Hailing and Multimodal Integration

*As of March 31, 2019

The steadily growing TFS family in the Europe & Africa Region reflects our work to realize our transformation into a mobility company. 18 Sales Finance Companies: UK, France, Spain, Italy, Germany, Denmark, Sweden, Norway, Finland, Poland, Russia, Kazakhstan, Hungary, Czech, Slovakia, Ireland, Portugal and South Africa4 TFM Companies (by end of 2019):Germany (European HQ), Spain, Italy and France4 Mobility Co-operations:FAXI (UK), YUKO (Italy, Denmark, Spain), MaaS Global (Finland), Finlog (Portugal)

8

Hao Quoc Tien

Markets At A Glance*

"The Asia Pacific Region remains one of the fastest growing, dynamic and most diverse regions within Toyota Financial Services.

TFS forms a strong partnership with each sales finance company offering a wide and competitive range of financing products and services to our dealers and customers. In order to tap the huge potential in this region, we will leverage on our strengths as One Toyota, and take advantage of opportunities in our traditional business as well as our mobility initiatives through strong collaboration with our customers, dealers and distributors. As the key player in this area, we are prepared to ride the new technological wave and continue to transform our business to succeed in this dynamic region."

Asia Pacific Region is made up of 8 sales finance companies: Thailand, Malaysia, Philippines, Taiwan, Korea, Indonesia, Vietnam and India. Our more than 4,000 team members are dedicated to serving over 1.6 million customers and a distribution network of more than 1,000 dealer outlets with over 300 wholesale accounts.  Asia Pacific Region has more than $17 billion USD in managed assets.

*As of March 2019

Asia Pacific Region

Hao Quoc TienAPR CEO, COO & EVP of TMAP

Asia Pacific Region8 Sales Finance Companies operating in Asia Pacific Region

1

2

3

4

5

6

8

7

Toyota Financial Services India Ltd. (TFSIN) Banglore, India

Toyota Capital Malaysia Sdn. Bhd. (TCAPM) Petaling Jaya, Malaysia

Toyota Motor Asia Pacific Pte Ltd (TMAP) SingaporeAsia Pacific Region HQ

Toyota Leasing (Thailand) Co., Ltd. (TLT) Bangkok, Thailand

Toyota Financial Services Vietnam Co., Ltd. (TFSVN) Ho Chi Minh City, Vietnam

PT Toyota Astra Financial Services(TAFS) Jakarta, Indonesia

Toyota Financial Services Philippines Corporation (TFSPH) Makati City, Philippines

Hotai Finance Corporation (HFC) Taipei, TaiwanHotai Leasing Corporation (HLC) Taipei, Taiwan

Toyota Financial Services Korea Co., Ltd.（TFSKR）Seoul, Korea

7

46

2

1

3

8

5

9

Products & Services

iRent (HLC Taiwan)

HLC introduced its innovative self-service car rental system that gives customers an exceptional level of choice, flexibility and convenience when it comes to renting a car via a mobile app 24/7. With iRENT, customers get to enjoy:- Ease of car booking via app- Competitive rental pricing system (by the minute) - Easy payment with credit card- Flexibility to return car at nearest roadside parking grid- 24hr Customer Service Hotline

Customer behaviour is changing rapidly with the advent of new technology. With iRENT, Toyota willl actively pursue and meet customer demands moving away from ownership to usageship.

DigiTAF (TAFS Indonesia)

TAFS introduced its new dynamic app which allows the dealers to directly create and send loan applications digitally. DigiTAF automates critical processes in Sales & Credit giving dealers the capacity to calculate & input credit application with minimum documents through the new mobile app.

With joint forces, TAFS and Dealers will roll out in phases to all areas in Indonesia in 2019 offering this mobile solution by taking advantage of the latest technology to move traditional financing business online.

Toyota Mobile app (TFSVN Vietnam)

TFSVN, in an industry first, has introduced a mobile application that transforms the way dealers interact with prospective customers for loan transactions.

It is an innovative tool that:

Full Service Lease (TCAPM Malaysia) for e-commerce company

As part of TCAPM's strategic mobility initiative, it collaborated with a global e - commerce company to provide a customized lease package for its expanding fleet of independent delivery drivers.  The unique Full Service Lease package is designed to meet the tailored needs and specifications of each user. Key features in the pilot launch include:

- Assists drivers in fulfilling monthly payments - Assurance of vehicle quality through full access to Toyota dealer's service facility- Flexibility to customize products

Looking into the next phase, APR and TCAPM will collaborate to expand the scope of such vehicle services into a highly attractive Connected Full Service Leasing product.

Future business model for Toyota Mobility in APR

A new mobility subscription service launched in Japan in early February 2019 will be introduced that for the first time allows for flexiblity in each country to define its unique selling point, and its mobility value proposition. KINTO will expand the value chain by developing products that enable new mobility especially in reaching the younger more tech-savvy customers. APR is fully confident and will accelerate the implementation of KINTO starting with the first pilot in Thailand from late 2019.

- Performs easy loan calculations- Makes document handling simple- Delivers 24/7 tracking- Greatly enhances the speed of

credit decisions- Allow Dealers to review credit

process status real time- OCR enabled minimising input

mistakes

This app is just another great way TFSVN delivers always better service.

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Monthly Flat Rate

Authorized Dealer Care

3 Year Cycle Online

Full Services

WeChat Tool

"After steady expansion in China for 14 years, Toyota Motor Finance China (TMFCN) now has over 580,000 customers using our financial products and more than 1,300 dealerships covering over 300 cities for retail business. Toyota Motor Leasing China (TMLCN), after 6 years of efforts, is also serving more than 10,000 customers and setting foot in over 200 cities, with over 900 dealers.

Now we are facing more intense competition, with major changes to the auto industry and regulatory environment. More entities are also rushing to join the tide of auto finance.

To explore more opportunities, TMFCN and TMLCN, as One TFS China, are working closely to provide comprehensive services and make the most of our financial functions to meet various needs such as Mobility."

Hiroshi TakahashiCEO, TFS China Region*Above business data is as of March 2019

WeChat is a popular social network in China and we are offering convenient services to customers on this platform. Anytime and anywhere, customers enjoy services through their mobile device. Customers can check on loan details or even obtain early repayment and settlement information. A corporate QR code is also ready for certain customers to scan for loan repayment. An even wider range of functions will be offered in the future.

The first-ever China Region Annual Meeting enabled all TMFCN and TMLCN staff get together to enhance mutual understanding and collaboration. With combined power and wisdom, we will keep moving as One TFS China.

Toyota Financial Services (China) Corporation was newly established to accelerate integration between loan and lease business and to offer various mobility services. We will seek more efficient operations and offer more comprehensive financial and mobility services that go beyond customer expectations.

Region Highlights

China Region

Hiroshi Takahashi

11

2018 201920172016 2018 201920172016 2018 201920172016

26.8

25.026.0

Credit Card Sales Finance

2.5

0.0

0.5

1.0

1.5

2.0

2.5

1.7

Operating Income of TFS Group(Billions USD)

Total Assets of TFS Group(Billions USD)

Customer Accounts of TFS Group(Millions)

197.8189.7

213.4

Fiscal year ending March 31.

TOYOTA GAZOO Racing

0

5

10

15

20

25

30

14.3

10.7

0

50

100

150

200

250

2.3

14.9

11.1

15.3

11.5

27.3

213.2

2.5

15.8

11.5

Financial and Operational Performance

For the fiscal year ending March 2019, TFS Group posted outstanding performance thanks to the strong support and commitment of all our sales finance companies around the globe. TFS continues its focus on strengthening relationships and supporting sales in partnership with Toyota and Lexus distributors and dealers to better serve our shared customers. The global TFS network is comprised of sales finance companies in 37 countries that serve 28 million customers.

TFS consolidated profit achieved an all-time high. This remarkable achievement was mainly due to the support from our Regions.

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Toyota Financial Services Corporation

Headquarters

Share Capital

Shareholder

Established

Number of Team Members

URL

Nagoya Lucent Tower 15F6-1, Ushijima-cho, Nishi-ku,Nagoya, 451-6015 Japan

78.5 billion yen

Toyota Motor Corporation (TMC) (100%)

July 7, 2000

126 (As of April 1, 2020)

http://www.tfsc.jp/

Brief History 1982

198819962000200120052015

Toyota Finance Australia Ltd (TFA), (Australia) establishedToyota Motor Credit Corporation (TMCC), (USA) establishedToyota Finance Corporation (TFC), (Japan) establishedExpanded to 10 countries/locationsToyota Financial Services Corporation (TFSC) establishedExpanded to 20 countries / locationsExpanded to 30 countries / locationsExpanded to 35 countries / locations

Directors Akihiro Fukutome (President / TMC Chief Officer of Sales Finance Business Group)Shinya Kotera (Senior Executive Vice President)Mark Templin (TMCC President & CEO)Hao Tien (TMC Deputy Chief Officer of Sales Finance Business Group)Toshiyuki Nishi (TFC President)Koji Kobayashi (TMC Operating Officer)Yoshihiro Nakata (TMC Senior General Manager)Masahiro Yamamoto (TMC Project General Manager)

Audit & Supervisory Board Members

Hiroshi TakahashiKatsuyuki Ogura (TMC Audit & Supervisory Board Member)Kenta Kon (TMC Operating Officer)

Managing Officers Hitoshi WatanabeToshiaki KawaiAkira Tsuboi

As of June 2020

13

As of June 2020

Country/Location Company Established Shareholder

Americas Oceania

Asia/Pacific

USA Toyota Motor Credit Corporation (TMCC) October 1982 TFSIC 100%

Puerto Rico Toyota Credit de Puerto Rico Corporation (TCPR) January 1996 TMCC 100%

Canada Toyota Credit Canada Inc. (TCCI) February 1990 TFSC 100%

Brazil Banco Toyota do Brasil S.A. (BTB) January 1999 TFSIC, TMIS(one share)

Venezuela Toyota Services de Venezuela, C.A.(TSV) October 2001 TFSIC 100%

Mexico Toyota Financial Services Mexico, S.A. de C.V. (TFSMX) October 2001 TFSIC, TMIS(one share)

Argentina Toyota Compañía Financiera de Argentina S.A. (TCFA) November 2004 TFSIC 96.7%, TMCC 3.3%

Europe/Africa

Germany Toyota Kreditbank GmbH (TKG) Toyota Fleet Mobility GmbH (TFM)

April 1988September 2018

TFSC 100%TFSC 51%, TME 49%

UK Toyota Financial Services (UK) PLC (TFSUK) November 1988 TFSC 100%KINTO UK Ltd. (KINTO UK) December 2019 TFM 100%

Finland Toyota Finance Finland Oy (TFF) August 1995 TFSUK 100%

Italy Toyota Financial Services Italy (TFSI) May 1997 TFSUK 100%Toyota Fleet Mobility Italia SpA (TFMIT) July 2019 TFM 100%

Norway Toyota Financial Services Norway (TFSN) July 1997 Branch of TKG

France Toyota Financial Services France (TFSF) June 1997 Branch of TKGToyota Fleet Mobility France SAS (TFMFR) July 2019 TFM 100%

Sweden Toyota Financial Services Sweden (TFSSW) February 2000 Branch of TKG

Poland Toyota Bank Polska S.A. (TBP) March 2000 TKG 100%

South Africa Toyota Financial Services South Africa Ltd. (TFSSA) April 2000 TFSUK 33.3%, TSA 33.3%, WesInvestment Holdings Ltd. 33.3%

Czech Toyota Financial Services Czech s.r.o.(TFSCZ) May 2000 TFSUK 100%

Denmark Toyota Financial Services Danmark A/S (TFSDK) March 2002 TFSUK 80.1%, Jyske Finans 19.9%

Hungary Toyota Financial Services Hungary Zrt. (TFSH) March 2002 TFSUK 100%

Spain Toyota Financial Services España (TFSES) March 2003 Branch of TKGToyota Fleet Mobility España SL (TFMES) March 2019 TFM 100%

Slovakia Toyota Financial Services Slovakia s.r.o. (TFSSK) January 2005 TFSUK 100%

Russia AO Toyota Bank (TBR) April 2007 TKG 99.9%, TLG 0.1%

Kazakhstan Toyota Financial Services Kazakhstan MFO LLP (TFSKZ) April 2013 TFSUK 100%

Portugal Toyota Financial Services Portugal (TFSPT) June 2016 Branch of TKGFinlog - Aluguer e Comércio de Automóveis S.A. (Finlog) February 2020 TFM 51%, Salvador Caetano - Auto - SGPS, S.A. 49%

Ireland

Austria

Toyota Financial Services Ireland DAC (TFSIR)

Toyota Financial Services Austria (TFSAT)

June 2017

January 2020

TFSUK 51%, Killeen Group Holdings 49%

Branch of TKG

Netherlands Toyota Motor Finance (Netherlands) B.V. (TMFNL) August 1987 TFSC 100%

Australia Toyota Finance Australia Ltd. (TFA) June 1982 TFSC 100%

New Zealand Toyota Finance New Zealand Ltd. (TFNZ) July 1989 TFSC 54.5%, TFA 45.5%

Thailand Toyota Leasing (Thailand) Co., Ltd. (TLT) October 1993 TFSC & TMC Group 87.6%, Others 12.4%

Malaysia Toyota Capital Malaysia Sdn. Bhd. (TCAPM) December 2001* TFSC 70%, UMW30%

Philippines Toyota Financial Services Philippines Corporation (TFSPH) August 2002 TFSC 60%, GT Capital Holdings, Inc. 40%

Taiwan Hotai Finance Corporation (HFC)Hotai Leasing Corporation (HLC)

December 2002*December 2002*

TFSC 22.96%, Hozan Investment 45.39%, Others 31.65%TFSC 33.4%, Hozan Investment 66.0%, Others 0.6%

China Toyota Motor Finance (China) Co., Ltd. (TMFCN)Toyota Motor Leasing (China) Co., Ltd. (TMLCN) Toyota Financial Services (China) Corporation (TFSCN)

January 2005January 2013June 2019

TFSC 100%TFSCN 100%TFSC 100%

Korea Toyota Financial Services Korea Co., Ltd. (TFSKR) February 2005 TFSC 100%

Indonesia PT Toyota Astra Financial Services (TAFS) February 2006 TFSC 50%, PT Astra International Tbk 50%

Vietnam Toyota Financial Services Vietnam Co., Ltd. (TFSVN) October 2008 TFC 100%

India Toyota Financial Services India Ltd. (TFSIN) May 2011 TFSC 100%

Japan

China

Japan Toyota Finance Corporation (TFC)KINTO Corporation (KINTO)

November 1988January 2019

TFSC 100%TFSC 66.6%, Others 33.4%

* As of the date of capital infusion

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