toyota jidosha kabushiki kaisha toyota motor corporation - Big Three ...

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Table of Contents 4.C ORGANIZATIONAL STRUCTURE As of March 31, 2008, Toyota Motor Corporation had 292 Japanese subsidiaries and 238 overseas subsidiaries. The following table sets forth for each of Toyota Motor Corporation’s principal subsidiaries, the country of in<strong>corporation</strong> and the percentage ownership and the voting interest held by Toyota Motor Corporation. Name of Subsidiary 4.D PROPERTY, PLANTS AND EQUIPMENT As of March 31, 2008, Toyota and its affiliates produce automobiles and related components through more than 50 manufacturing organizations in 27 countries and regions around the world. The facilities are located principally in Japan, the United States, Canada, the United Kingdom, France, Turkey, Czech Republic, Thailand, China, Taiwan, South Africa, Australia, Argentina and Brazil. 43 Country of In<strong>corporation</strong> Percentage Ownership Interest Percentage Voting Interest Toyota Financial Services Corporation Japan 100.00 100.00 Hino Motors, Ltd. Japan 50.21 50.44 Toyota Motor Kyushu, Inc. Japan 100.00 100.00 Daihatsu Motor Co., Ltd. Japan 51.36 51.66 Toyota Finance Corporation Japan 100.00 100.00 Toyota Auto Body Co., Ltd. Japan 56.28 56.31 Kanto Auto Works, Ltd. Japan 50.47 50.79 Toyota Motor Engineering & Manufacturing North America, Inc. United States 100.00 100.00 Toyota Motor Manufacturing, Kentucky, Inc. United States 100.00 100.00 Toyota Motor North America, Inc. United States 100.00 100.00 Toyota Motor Credit Corporation United States 100.00 100.00 Toyota Motor Manufacturing, Indiana, Inc. United States 100.00 100.00 Toyota Motor Manufacturing, Texas, Inc. United States 100.00 100.00 Toyota Motor Sales, U.S.A., Inc. United States 100.00 100.00 Toyota Motor Manufacturing Canada Inc. Canada 100.00 100.00 Toyota Credit Canada Inc. Canada 100.00 100.00 Toyota Motor Europe NV/SA Belgium 100.00 100.00 Toyota Motor Manufacturing France S.A.S. France 100.00 100.00 Toyota Motor Italia S.p.A. Italy 100.00 100.00 Toyota Kreditbank GmbH Germany 100.00 100.00 Toyota España, S.L. Spain 100.00 100.00 Toyota Deutschland GmbH Germany 100.00 100.00 Toyota France S.A.S. France 100.00 100.00 Toyota Motor Finance (Netherlands) B.V. Netherlands 100.00 100.00 Toyota Motor Manufacturing (UK) Ltd. United Kingdom 100.00 100.00 Toyota (GB) PLC United Kingdom 100.00 100.00 OOO “TOYOTA MOTOR” Russia 100.00 100.00 Toyota Motor Manufacturing Turkey Inc. Turkey 90.00 90.00 P.T. Toyota Motor Manufacturing Indonesia Indonesia 95.00 95.00 Toyota Motor Asia Pacific Pte Ltd. Singapore 100.00 100.00 Toyota Motor Thailand Co., Ltd. Thailand 86.43 86.43 Toyota Leasing (Thailand) Co., Ltd. Thailand 79.17 79.17 Toyota Motor Asia Pacific Engineering and Manufacturing Co., Ltd. Thailand 100.00 100.00 Toyota Motor Corporation Australia Ltd. Australia 100.00 100.00 Toyota Finance Australia Ltd. Australia 100.00 100.00 Toyota do Brasil Ltda. Brazil 100.00 100.00 Toyota South Africa Motors (Pty) Ltd. South Africa 100.00 100.00
Table of Contents In addition to its manufacturing facilities, Toyota’s properties include sales offices and other sales facilities in major cities, repair service facilities, and research and development facilities. The following table sets forth information, as of March 31, 2008, with respect to Toyota’s principal facilities and organizations, all of which are owned by Toyota Motor Corporation or its subsidiaries. However, small portions, all under approximately 20%, of some facilities are on leased premises. Facility or Subsidiary Name Location Japan Toyota is constantly engaged in upgrading, modernizing and revamping the operations of its manufacturing facilities, based on its assessment of market needs and prospects. As market conditions and Toyota’s business objectives evolve, Toyota adjusts its capacity and utilization by opening, closing, expanding or downsizing production facilities accordingly. As a result, Toyota believes it would require unreasonable effort to track the exact productive capacity and the extent of utilization of each of its manufacturing facilities with a reasonable degree of accuracy. Toyota believes that its manufacturing facilities are generally all operating within normal operating capacity and not substantially below capacity. As of March 31, 2008, property, plant and equipment having a net book value of approximately ¥90,436 million was pledged as collateral securing indebtedness incurred by Toyota Motor Corporation’s consolidated subsidiaries. Toyota believes that there does not exist any material environmental issues that may affect the company’s utilization of its assets. Toyota considers all its principal manufacturing facilities and other significant properties to be in good condition and adequate to meet the needs of its operations. See “— Business Overview — Capital Expenditures and Divestitures” for a description of Toyota’s material plans to construct, expand or improve facilities. 44 Floor Space (thousand square meters) Principal Products or Functions Toyota Head Office and Technical Center Toyota City, Aichi Pref. 1,300 Research and Development Tahara Plant Tahara City, Aichi Pref. 1,170 Automobiles Motomachi Plant Toyota City, Aichi Pref. 860 Automobiles Takaoka Plant Toyota City, Aichi Pref. 720 Automobiles Tsutsumi Plant Toyota City, Aichi Pref. 620 Automobiles Kamigo Plant Toyota City, Aichi Pref. 570 Automobile parts Honsha Plant Kinu-ura Plant Higashi-Fuji Technical Center Toyota City, Aichi Pref. Hekinan City, Aichi Pref. Susono City, Shizuoka Pref. 510 390 300 Automobiles Automobile parts Research and Development Nagoya Office Nagoya City, Aichi Pref. 50 Office Daihatsu Motor Co., Ltd. Ikeda City, Osaka, etc. 1,030 Automobiles Toyota Auto Body Co., Ltd. Kariya City, Aichi Pref., etc. 1,000 Automobiles Hino Motors, Ltd. Hino City, Tokyo, etc. 950 Automobiles Toyota Motor Kyushu, Inc. Miyawaka City, Fukuoka Pref., etc. 620 Automobiles Kanto Auto Works, Ltd. Susono City, Shizuoka Pref., etc. 370 Automobiles Outside Japan Toyota Motor Thailand Co., Ltd. Samut Prakan, Thailand 2,370 Automobiles Toyota Motor Sales, U.S.A., Inc. California, U.S.A. 860 Sales facilities Toyota Motor Manufacturing Canada Inc. Ontario, Canada 540 Automobiles Toyota Motor Corporation Australia Ltd. Victoria, Australia 230 Automobiles Toyota Motor Manufacturing, Texas, Inc. Texas, U.S.A. 210 Automobiles
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