|Exchange:||New York Stock Exchange|
|Stock:||Toyota Motor Corp|
|Toyota Motor Corp., is a limited liability, joint-stock company, which was incorporated under the Corporation Act of Japan. It commenced operations in 1933 as the automobile division of Toyota Industries Corporation and became a separate company on August 28, 1937. In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation of today. The Company conducts business in the automotive industry. It also conducts business in finance and other industries. The Company’s business segments are automotive operations, financial services operations and all other operations. Its automotive operations include the design, manufacture, assembly and sale of passenger cars, minivans and commercial vehicles such as trucks and related parts and accessories. Through its subsidiary, Daihatsu Motor Co., Ltd., it produces and sells mini-vehicles and compact cars. Hino Motors, Ltd., also a subsidiary of the Company, produces and sells commercial vehicles such as trucks and buses. Its markets for its automobiles are Japan, North America, Europe and Asia. The Company’s financial services business consists of providing finance to dealers and their customers for the purchase or lease of Toyota vehicles. The Company through financial services also provides retail leasing through the purchase of lease contracts originated by its dealers. The Company’s all other operations business segment includes the design and manufacture of prefabricated housing, information technology related businesses including an e-commerce marketplace called GAZOO.com, and sales promotions for KDDI communication related products (predominantly the au brand). The Company’s competitors in Europe are Volkswagen, Opel, Renault, Ford and Peugeot, as well as Korean manufacturers Hyundai and Kia. Its competitors for retail financing and retail leasing include commercial banks, credit unions and other finance companies. The Company is subject to laws in various jurisdictions regulating the levels of pollutants generated by its plants. In addition, it is also subject to regulations relating to the emission levels, fuel economy, noise and safety of its products.|
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